Were Analysts Bearish Summit Midstream Partners LP (NYSE:SMLP) This Week?

Enable Midstream Partners (NYSE:ENBL) traded down 1.50% during trading on Thursday, reaching $14.45. It has underperformed by 13.15% the S&P500.

First National Bank Of Omaha decreased Cdw Corp (CDW) stake by 26.89% reported in 2017Q2 SEC filing. Short shares increased from 4,344,398 to 4,459,143 over that period. Acrospire Investment Management LLC now owns 2,200 shares of the pipeline company's stock valued at $157,000 after purchasing an additional 1,700 shares during the period. Expedia Inc Del now has $18.34 billion valuation. It closed at $0.06 lastly. It has outperformed by 5.59% the S&P500. The Salient Capital Advisors Llc holds 631,442 shares with $47.13M value, down from 948,803 last quarter. EQM's profit will be $123.80M for 11.47 P/E if the $1.51 EPS becomes a reality.

Among 20 analysts covering Magellan Midstream Partners L.P.

On September 3 Jefferies Group LLC left the stock rating at "Hold" targeting a price of $70.00. Therefore 45% are positive. Summit Midstream Partners had 26 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has "Neutral" rating by Credit Suisse on Tuesday, September 13. The firm has "Outperform" rating by Wells Fargo given on Wednesday, January 11. The stock has "Buy" rating by RBC Capital Markets on Thursday, July 6. Wolfe Research initiated coverage on Enable Midstream Partners in a research note on Friday, October 7th. Mitsubishi UFJ initiated Antero Midstream Partners LP (NYSE:AM) on Monday, May 29 with "Buy" rating. Scotiabank reaffirmed a "buy" rating and set a $35.00 price objective on shares of Dominion Midstream Partners, in a research report on Wednesday, October 25th. The firm earned "Buy" rating on Thursday, December 15 by Goldman Sachs. As per Thursday, July 23, the company rating was downgraded by Hilliard Lyons. As per Sunday, October 15, the company rating was maintained by RBC Capital Markets. With short interest at 1,426,876 and short average daily volume at 262,719, the short-interest ratio is 5.0 and the percentage of shorted shares was 0.02% on October 31. FOX RICHARD SCOTT sold $189,118 worth of stock or 5,750 shares.

Investors sentiment increased to 0.9 in Q2 2017.

Since May 15, 2017, it had 0 buys, and 3 sales for $1.97 million activity. It dived, as 13 investors sold EQT Midstream Partners LP shares while 69 reduced holdings.

More news: JJ Abrams Adapts Jimmy Kimmel's Childhood Comic Book

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. After $0.87 actual EPS reported by Magellan Midstream Partners, L.P. for the previous quarter, Wall Street now forecasts 22.99% EPS growth. Green Square Capital Limited Co holds 36,038 shares or 0.14% of its portfolio.

EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin.

Analysts await Summit Midstream Partners LP (NYSE:SMLP) to report earnings on February, 22. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2017/11/14/magellan-midstream-partners-l-p-mmp-shares-bought-by-center-coast-capital-advisors-lp.html. Fulton Bancorporation Na holds 7,265 shares. The New Jersey-based Bessemer Incorporated has invested 0.02% in Magellan Midstream Partners, L.P. (NYSE:MMP). Advisory Services Network Limited Co holds 8,239 shares. Royal Commercial Bank Of Canada has 43,630 shares. The pipeline company reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.04. Metropolitan Life Insur accumulated 150,238 shares or 0.08% of the stock. 300,979 are held by Tiedemann Wealth Management Limited Company. Rafferty Asset Mngmt Ltd Liability Com holds 0.01% or 8,119 shares in its portfolio. (NYSE:WTR), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 38% are positive. The firm has "Buy" rating by Citigroup given on Friday, August 7. As per Friday, August 12, the company rating was upgraded by Robert W. Baird. Finally, BidaskClub lowered American Midstream Partners, from a "sell" rating to a "strong sell" rating in a report on Wednesday, August 30th. The firm has "Buy" rating given on Tuesday, June 6 by Roth Capital. As per Monday, January 18, the company rating was upgraded by Wells Fargo. Neuberger Berman Group LLC grew its position in Dominion Midstream Partners, by 44.8% during the second quarter. It also upped Inphi Corp. Lyondellbasell Industries N (NYSE:LYB) was raised too.

Investors sentiment increased to 1.08 in Q2 2017. Its up 0.07, from 0.83 in 2017Q1. About 164,139 shares traded. 37 funds opened positions while 134 raised stakes. Eqis Capital Management Inc. owns 5,251 shares or 0.01% of their U.S. portfolio. (NASDAQ:CALD). Montana-based Da Davidson And Communications has invested 0.01% in Callidus Software Inc. Salem Invest Counselors holds 0.21% or 25,778 shares. One Natl Association has 0.06% invested in Expedia Inc (NASDAQ:EXPE). Aqr Capital Mgmt Ltd holds 89,751 shares or 0.02% of its portfolio. Energy Income Prns Limited Liability Company stated it has 2.36 million shares or 3.33% of all its holdings. Amica Mutual has invested 0.06% in Aqua America Inc (NYSE:WTR). 12,000 CDW Corp (NASDAQ:CDW) shares with value of $735,960 were sold by LEAHY CHRISTINE A. Pax Ww Mgmt Lc invested in 0.7% or 515,000 shares. Neuberger Berman Grp Inc Ltd Co invested in 3.30 million shares.

Since May 30, 2017, it had 0 insider buys, and 1 sale for $1.17 million activity. They expect $-0.01 EPS, up 83.33% or $0.05 from last year's $-0.06 per share.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related Articles