Hess Midstream Partners presently has an average rating of "Buy" and an average target price of $28.33. Walnut Private Equity Partners LLC's holdings in EQT Midstream Partners, were worth $821,000 as of its most recent filing with the SEC.
A number of hedge funds have recently modified their holdings of ENBL. As of the end of the quarter Marshall Wace North America L.p. had acquired a total of 181,654 shares growing its stake by 341.5%. The stock has a market capitalization of $6.62 billion, a price-to-earnings ratio of 18.16 and a beta of 1.98. JPMorgan Chase & Co. increased its stake in Magellan Midstream Partners L.P.by 8.0% in the first quarter. Jennison Associates LLC now owns 500,384 shares with a value of $16,603,000. Goldman Sachs Group Inc. now owns 940,838 shares of the pipeline company's stock worth $30,059,000 after buying an additional 182,208 shares during the last quarter. LLC now owns 7,616 shares of the pipeline company's stock worth $144,000 after buying an additional 247 shares during the period. Stifel Financial Corp raised its stake in shares of Cone Midstream Partners by 2.3% in the first quarter. Parkside Financial Bank & Trust now owns 14,300 shares of the pipeline company's stock valued at $1,099,000 after buying an additional 955 shares during the period. Finally, RiverPoint Capital Management LLC bought a new position in Shell Midstream Partners, L.P. during the second quarter valued at about $291,000. Goldman Sachs Group Inc. now owns 1,677,492 shares of the pipeline company's stock worth $27,997,000 after buying an additional 423,558 shares during the period.
Antero Midstream Partners (NYSE:AM) traded down 0.20% on Tuesday, reaching $34.10. 188,641 shares of the stock traded hands. Hess Midstream Partners has a 12 month low of $18.62 and a 12 month high of $26.78.
Shares of the company are trading at $20.44 just above $20.43, the stock's 50 day moving average and a tad below the 200 day moving average of $23.74. The pipeline company reported $0.98 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.90 by $0.08. The firm had revenue of $626 million for the quarter, compared to analysts' expectations of $644.27 million. The value of the company's investment in Cone Midstream Partners LP Comm went from $5,000 to $0 decreasing 100.0% quarter over quarter. During the same quarter a year ago, the company posted $0.35 earnings per share. Next quarter's EPS is forecasted at $0.44 and the next full year EPS is projected to be $2.10. On average, analysts anticipate that Magellan Midstream Partners L.P. will post $3.88 EPS for the current fiscal year.More news: Stalking charges filed against Haryana BJP chief's son
The firm also recently disclosed a special dividend, which will be paid on Monday, August 14th. The dividend will be $0.293 per share for the quarter or $1.17 annualized. This dividend represents a yield of $5.22. The ex-dividend date will be on Tuesday the 2nd of May 2017. This is a boost from EQT Midstream Partners, 's previous quarterly dividend of $0.89.
03/09/2016 - American Midstream Partners, LP had its " rating reiterated by analysts at Wunderlich.
ILLEGAL ACTIVITY NOTICE: "Brokerages Expect Cone Midstream Partners LP (NYSE:CNNX) Will Post Quarterly Sales of $61.66 Million" was originally reported by BNB Daily and is the sole property of of BNB Daily. If you are viewing this report on another domain, it was illegally stolen and republished in violation of USA & global trademark & copyright laws. The original version of this piece of content can be viewed at https://baseballnewssource.com/markets/american-midstream-partners-lp-amid-set-to-announce-quarterly-earnings-on-monday/1382415.html. TheStreet downgraded shares of EQT Midstream Partners, from a b rating to a c+ rating in a report on Thursday, June 15th. Citigroup Inc. restated a neutral rating and issued a $24.00 price target (up previously from $22.00) on shares of Summit Midstream Partners, in a research report on Monday, July 24th. Finally, Royal Bank Of Canada restated a "hold" rating and set a $18.00 price objective on shares of Enable Midstream Partners, in a report on Tuesday, June 6th. BidaskClub lowered shares of Dominion Midstream Partners, from a sell rating to a strong sell rating in a report on Wednesday, July 12th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. Shell Midstream Partners, L.P. has an average rating of "Hold" and an average price target of $37.83.
Hess Midstream Partners LP is a fee-based, traditional master limited partnership formed to own, operate, develop and acquire a set of midstream assets to provide services to Hess and third-party crude oil and natural gas producers. The Company's segments include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC (DFW Midstream), and the Piceance Basin /DJ Basins, which includes Grand River and Niobrara G&P.