Shell Midstream Partners, LP (NYSE:SHLX) Under Analyst Spotlight

The fund owned 16,507 shares of the pipeline company's stock after buying an additional 1,675 shares during the period.

11/09/2016 - Shell Midstream Partners, L.P. had its "outperform" rating reiterated by analysts at RBC Capital. OppenheimerFunds Inc. raised its stake in shares of Magellan Midstream Partners 21.9% in the first quarter. Alliancebernstein L.P. now owns 13,351 shares of the oil and gas producer's stock valued at $337,000 after buying an additional 3,855 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in shares of Antero Midstream Partners during the first quarter worth about $194,000.

ILLEGAL ACTIVITY NOTICE: "Jefferies Group LLC Begins Coverage on Magellan Midstream Partners L.P. (NYSE:MMP)" was first published by Chaffey Breeze and is the sole property of of Chaffey Breeze. According to the past 12 months report, the income was nearly $818.40M and sales remained $2.33B. Whalerock Point Partners LLC now owns 14,400 shares of the pipeline company's stock worth $1,089,000 after buying an additional 1,000 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in Rice Midstream Partners by 16.6% in the first quarter. Beacon Financial Group now owns 67,380 shares of the pipeline company's stock worth $5,149,000 after buying an additional 1,306 shares during the period. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. Antero Midstream Partners LP has a 52-week low of 24.61 and a 52-week high of 35.74.

We also note that Martin Midstream Partners L.P. (NasdaqGS:MMLP) has a Shareholder Yield of 0.036069 and a Shareholder Yield (Mebane Faber) of 0.19748.

The company's P/E ratio is 15.00 and market capitalization is 2.09B. The company has a 50-day moving average price of $71.79 and a 200 day moving average price of $75.38. Antero Midstream Partners had a net margin of 38.95% and a return on equity of 19.78%. (NYSE:MMP) last issued its quarterly earnings data on Wednesday, May 3rd. The dividend was $0.260 per share for the quarter which is $1.04 annualized. The company had revenue of $519.80 million for the quarter, compared to the consensus estimate of $554.22 million. During the same period in the previous year, the business posted $1.39 earnings per share. Next quarter's EPS is forecasted at $0.36 with next year's EPS projected to be $1.49. Equities research analysts expect that EQT Midstream Partners, will post $5.56 earnings per share for the current fiscal year. If you are reading this piece of content on another website, it was copied illegally and republished in violation of worldwide copyright and trademark legislation. The legal version of this story can be accessed at

A number of other research analysts also recently weighed in on the stock. Royal Bank Of Canada reiterated a "buy" rating and issued a $98.00 price target on shares of EQT Midstream Partners, in a report on Friday, March 17th. JP Morgan downgraded the shares of MD in report on Friday, March 10 to "Neutral" rating. Finally, J P Morgan Chase & Co assumed coverage on Hess Midstream Partners in a research note on Monday, May 1st. If investors decide to take a chance on some of these stocks, they may want to employ some standard techniques to help manage that risk. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. The consensus price target of $24.33 also implies significant upside from the current price of $17.83.

12/06/2016 - Antero Midstream Partners LP was upgraded to " by analysts at Stifel Nicolaus. The total value of its holdings increased 28.4%. Following the completion of the sale, the insider now directly owns 27,599 shares in the company, valued at approximately $2,069,925. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.24% of the company's stock.

Related News: