Shell Midstream Partners Target of Unusually Large Options Trading (SHLX)
- Author: Joey Payne Mar 15, 2018,
Mar 15, 2018, 2:02
A-D-Beadell Investment Counsel Inc who had been investing in Dominion Midstream Lp for a number of months, seems to be bullish on the $2.52 billion market cap company. The stock decreased 1.83% or $0.22 during the last trading session, reaching $11.77. About 58,108 shares traded. Summit Midstream Partners, LP (NYSE:SMLP) has risen 6.71% since March 7, 2017 and is uptrending. It has underperformed by 14.11% the S&P500.
Rr Advisors Llc decreased its stake in Enlink Midstream Partners Lp (ENLK) by 1.56% based on its latest 2017Q3 regulatory filing with the SEC. A-D-Beadell Investment Counsel Inc bought 11,330 shares as the company's stock declined 8.99% while stock markets rallied. The institutional investor owned 185,916 shares of the energy company's stock after acquiring an additional 80,878 shares during the quarter. Rr Advisors Llc who had been investing in Enlink Midstream Partners Lp for a number of months, seems to be less bullish one the $5.26 billion market cap company. The stock increased 0.40% or $0.1 during the last trading session, reaching $25.25. About 14.10M shares traded or 14.57% up from the average. It has outperformed by 16.19% the S&P500. The business's quarterly revenue was up 6.7% compared to the same quarter last year. analysts expect that CNX Midstream Partners will post 1.79 EPS for the current fiscal year. In an analyst note issued to clients and investors on 6 March, JP Morgan restate their Neutral rating on shares of DM. Therefore 33% are positive. Martin Midstream Partners has a 1-year low of $12.70 and a 1-year high of $20.55. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since March 13, 2017 and is uptrending. Summit Midstream Partners had 30 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Monday, January 4 by Raymond James. Pacific Crest maintained the stock with "Equal Weight" rating in Monday, August 10 report. More interesting news about Magellan Midstream Partners, L.P. (NYSE:MMP) were released by: Fool.com and their article: "Magellan Midstream Partners, LP's Incredible Dividend History" published on March 01, 2018 as well as Nasdaq.com's news article titled: "Magellan Midstream Partners Becomes Oversold (MMP)" with publication date: February 26, 2018. Stifel Nicolaus has "Buy" rating and $35 target. On Monday, July 10 the stock rating was downgraded by Mizuho to "Neutral". The firm earned "Buy" rating on Tuesday, January 16 by Stifel Nicolaus. The rating was upgraded by Citigroup to "Buy" on Thursday, September 21.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 14th. The firm earned "Buy" rating on Sunday, October 15 by Stifel Nicolaus. On Thursday, January 4 the stock rating was upgraded by U.S. Capital Advisors to "Buy".
Since September 14, 2017, it had 0 insider buys, and 2 selling transactions for $1.87 million activity. 5,000 shares valued at $353,200 were sold by Selvidge Jeff R on Thursday, September 14. Capital One Financial also issued estimates for Martin Midstream Partners' Q2 2018 earnings at ($0.04) EPS, Q3 2018 earnings at ($0.10) EPS, Q4 2018 earnings at $0.33 EPS, FY2018 earnings at $0.59 EPS, Q1 2019 earnings at $0.44 EPS, Q4 2019 earnings at $0.41 EPS and FY2019 earnings at $0.93 EPS. Its the same as in 2017Q2. It fall, as 45 investors sold XLNX shares while 194 reduced holdings. Its down 8.28% from 4.04M shares previously. This is an increase from Shell Midstream Partners's previous quarterly dividend of $0.32. Stephens Ar holds 0.18% or 71,500 shares in its portfolio. Diversified Com stated it has 25,503 shares or 0.06% of all its holdings. Cushing Asset Mngmt Limited Partnership reported 1.62% of its portfolio in Dominion Energy Midstream Partners, LP (NYSE:DM). (NASDAQ:XLNX). Meiji Yasuda Asset Mngmt, Japan-based fund reported 3,541 shares. First Manhattan Com has 52,091 shares for 0.02% of their portfolio. (NYSE:HCHC). Millennium Mgmt Ltd Co has 0% invested in HC2 Holdings, Inc. Following the completion of the purchase, the director now directly owns 6,741 shares in the company, valued at $344,802.15. Geode Capital Management LLC grew its stake in shares of Martin Midstream Partners by 28.1% during the fourth quarter. Gotham Asset Ltd Llc holds 0.13% or 119,775 shares in its portfolio.
Martin Midstream Partners L.P.is a limited partnership with a set of operations focused in the United States Gulf Coast region. Signaturefd Limited Company accumulated 3,325 shares or 0.03% of the stock. (NYSE:MRC) for 14,615 shares. Linscomb Williams holds 13,275 shares. The company had revenue of $806.00 million for the quarter, compared to analyst estimates of $678.22 million.
Hershey Trust Company, which manages about $7.53B US Long portfolio, upped its stake in Global Blood Therapeutics Inc by 12,335 shares to 54,010 shares, valued at $1.68 million in 2017Q3, according to the filing. Finally, Zacks Investment Research raised Martin Midstream Partners from a "sell" rating to a "hold" rating in a research note on Wednesday, January 3rd. Therefore 64% are positive. UBS Group's target price would suggest a potential upside of 42.86% from the company's current price. The firm has "Hold" rating by Mizuho given on Tuesday, August 1. Barclays lowered their target price on shares of Shell Midstream Partners from $30.00 to $29.00 and set an "equal weight" rating for the company in a research note on Friday, November 17th. The rating was maintained by Bank of America with "Neutral" on Thursday, August 27. The stock has "Hold" rating by TheStreet on Thursday, August 27. The rating was maintained by RBC Capital Markets with "Hold" on Friday, July 21.