Short Term Outlook For Magellan Midstream Partners LP (NYSE:MMP)


It is down 29.20% since March 16, 2017 and is downtrending. Therefore 17% are positive. Shares of McDonald's Corporation (MCD) are trading -9.56% downward from the 52-week high mark and 26.78% above from the fifty two-week low mark. The stock's average target of $45.33 is -20.36% below today's ($56.92) share price.

Magellan Midstream Partners, L.P. The firm earned "Buy" rating on Friday, February 2 by Bank of America. The rating was maintained by Robert W. Baird on Friday, June 16 with "Buy". The rating was maintained by Barclays Capital on Thursday, August 4 with "Overweight". The company was maintained on Wednesday, February 14 by Cantor Fitzgerald. Rice Midstream Partners LP (NYSE:RMP) has a market cap of $1.91 Billion and the number of outstanding shares have been calculated 99.9 Million. Invesco Ltd has 0% invested in Antero Midstream Partners LP (NYSE:AM) for 6,614 shares. RBC Capital Markets maintained Helmerich & Payne, Inc. Alps Advsr has invested 0% of its portfolio in Health Insurance Innovations, Inc. At the same time as, it has debt to equity ratio of 1.18 and similar long term debt to equity ratio was 0.86.

In other news, CEO Michael N. Mears sold 22,251 shares of the company's stock in a transaction on Wednesday, February 14th. 25 funds opened positions while 58 raised stakes. 134.51 million shares or 2.12% more from 131.72 million shares in 2017Q2 were reported. To measure price-variation, we found MMP's volatility during a week at 3.69% and during a month it has been found around 2.39%. 24, 2017, the great number of shares disposed came courtesy the Senior Vice President; May Douglas J disposed a total of 8,000 shares at an average price of $75, amounting to approximately $600,000. The President & CEO disposed these shares by way of transaction on February 14, 2018. Shaker Financial Services Llc owns 105,296 shares or 0.4% of their U.S. portfolio. The institutional investor held 36,602 shares of the finance company at the end of 2017Q3, valued at $530,000, down from 241,699 at the end of the previous reported quarter. Raymond James And Associates accumulated 72,411 shares. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. Manufacturers Life Insur Communication The owns 2,393 shares. Cutler Capital Management Limited Liability Co holds 1% or 70,077 shares in its portfolio.

The stock increased 2.52% or $0.48 during the last trading session, reaching $19.49. About 1.44M shares traded or 147.21% up from the average.

Shares of Summit Midstream Partners LP (NYSE SMLP) traded up $0.20 during trading hours on Friday, hitting $14.80. It has underperformed by 19.02% the S&P500. Finally, Hilton Capital Management LLC increased its holdings in shares of Magellan Midstream Partners by 3.6% during the 4th quarter. It owns an onshore crude oil pipeline system, onshore refined products pipeline system, onshore diluent pipeline system, and offshore natural gas pipeline system, as well as interests in four offshore crude oil pipeline systems located in the United States. The firm also operates an interstate pipeline in SC and southeastern Georgia comprising natural gas system consisting of approximately 1,500 miles of transmission pipeline and 5 compressor stations with approximately 38,700 installed compressor horsepower.

Analysts await CNX Midstream Partners LP (NYSE:CNXM) to report earnings on May, 3. The company's forward price to earnings ratio for next fiscal year is 10.59. EPS ratio determined by looking at last 12 month figures is 0.44. The pipeline company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.02, Bloomberg Earnings reports. Magellan Midstream Partners earned a daily sentiment score of 0.14 on Accern's scale. Its up 1.53, from 0.47 in 2017Q2. Friedberg Investment Management has 8,800 shares. Wells Fargo And Mn owns 700 shares. Intll Ca has invested 0.12% in Helmerich & Payne, Inc. Thrivent For Lutherans accumulated 4,310 shares or 0% of the stock. Renaissance Technologies Ltd Liability has 546,900 shares. Citigroup Inc reported 0.03% of its portfolio in Antero Midstream Partners LP (NYSE:AM). (NASDAQ:INOD) for 76,629 shares. Natl Asset holds 0.17% or 14,525 shares in its portfolio. (NASDAQ:INOD). Vanguard Group Incorporated Inc reported 211,758 shares stake.

The beta factor is 0.94.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb.