The rating was maintained by Boenning & Scattergood with "Hold" on Thursday, July 27. Magellan Midstream Prtnrs Lp now has $16.61B valuation.
The stock increased 0.89% or $0.82 during the last trading session, reaching $93.11. About 103,421 shares traded. It has underperformed by 22.59% the S&P500.
Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. After having $0.31 EPS previously, Shell Midstream Partners, L.P.'s analysts see 12.90% EPS growth. (MMP) traded down $0.20 during trading on Friday, reaching $72.63. The NYSE listed company saw a recent bid of $19.60 and 86456 shares have traded hands in the session. Alphamark Advisors Limited Com has invested 0.07% in Magellan Midstream Partners, L.P. (NYSE:MMP). Sfmg Llc who had been investing in Magellan Midstream Prtnrs Lp for a number of months, seems to be bullish on the $16.61 billion market cap company. The Company's crude oil pipeline systems include approximately 350 miles of Zydeco pipeline system to Texas and Louisiana; a 174-mile offshore Gulf of Mexico corridor pipeline that transports medium sour crude from producers in eastern Garden Bank and Keathley Canyon blocks; and Odyssey pipeline system covering approximately 106-miles, which transports crude oil in the offshore eastern Gulf of Mexico to markets in Louisiana.
Among 6 analysts covering Martin Midstream Partners LP (NASDAQ:MMLP), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Antero Midstream GP had 28 analyst reports since May 30, 2017 according to SRatingsIntel.
In a report shared with investors and clients on 17 January, Stifel Nicolaus announced that they will be downgrading shares of Shell Midstream Partners (NYSE:SHLX) from a "Buy" to a "Hold" rating. The firm has "Equal-Weight" rating given on Friday, September 2 by Morgan Stanley. The firm has "Buy" rating given on Thursday, January 4 by U.S. Capital Advisors. Saratoga Research & Investment Management acquired a new position in shares of EQT Midstream Partners in the 3rd quarter valued at $186,000. RBC Capital Markets has "Buy" rating and $35.0 target. The firm has "Equal-Weight" rating given on Thursday, February 25 by Morgan Stanley. The firm has "Buy" rating by KLR Group given on Monday, November 7.
The highest price MMP stock touched in the last 12 month was $81.77 and the lowest price it hit in the same period was $63.55. Therefore 83% are positive. Tahoe Resources had 17 analyst reports since October 8, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of MMLP in report on Tuesday, August 22 with "Hold" rating. On Thursday, December 15 the stock rating was upgraded by Goldman Sachs to "Buy". As per Wednesday, October 18, the company rating was maintained by KeyBanc Capital Markets.
Let's take an assessment at how EQT Midstream Partners, LP has been performing. Oppenheimer maintained the stock with "Outperform" rating in Monday, October 19 report. FBR Capital has "Mkt Perform" rating and $15 target. The company was maintained on Wednesday, November 18 by Deutsche Bank. Mizuho has "Neutral" rating and $74 target. The firm earned "Market Perform" rating on Friday, September 16 by JMP Securities. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.5. During the same quarter a year ago, the firm posted ($0.14) earnings per share. The pipeline company reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.95 by $0.02. The company has a quick ratio of 0.29, a current ratio of 0.50 and a debt-to-equity ratio of 1.90. Its down 0.19, from 1.21 in 2017Q2. It is flat, as 42 investors sold MMP shares while 161 reduced holdings. only 40 funds opened positions while 142 raised stakes. 174.78 million shares or 1.13% less from 176.78 million shares in 2017Q2 were reported. 3,600 were reported by Endurance Wealth Mngmt. Alabama-based Leavell Invest Mgmt has invested 0.03% in Energen Corporation (NYSE:EGN). Ftb Advsrs Inc holds 0.05% or 6,403 shares in its portfolio. Gsa Partners Llp holds 26,980 shares. 706,750 were accumulated by Global Endowment Management Lp. Hite Hedge Asset Management Limited Liability Com invested in 0.78% or 194,525 shares. Moreover, Walleye Trading Ltd Liability Co has 0% invested in TrueCar, Inc. Fdx reported 0.05% of its portfolio in Genpact Limited (NYSE:G). Public Employees Retirement System Of Ohio has 0.01% invested in Energen Corporation (NYSE:EGN) for 47,356 shares. Huntington Bank & Trust stated it has 0% of its portfolio in Martin Midstream Partners L.P. (NASDAQ:MMLP). Signaturefd Limited Liability Corporation invested in 0.03% or 3,325 shares. The institutional investor held 14,131 shares of the business services company at the end of 2017Q3, valued at $1.49 million, up from 9,520 at the end of the previous reported quarter.
Huntington Steele Llc, which manages about $620.82 million and $338.75 million US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 4,493 shares to 391,048 shares, valued at $29.13M in 2017Q3, according to the filing.