U.S. dollar firms after Federal Reserve chair's upbeat remarks, stocks gain
Facebook suspends analytics firm over data usage
Burberry burns clothes, accessories worth £28m
US, North Korea to meet on Sunday over war remains
Targa Resources, Inc. (TRGP) Insider Sells 2100 Shares of Stock
13 August 2017, 06:46 | Kelvin Horton
Nordea Investment Management AB now owns 5,493 shares of the pipeline company's stock worth $248,000 after buying an additional 155 shares during the last quarter. Targa Res Corp now has $9.66 billion valuation. The stock had a trading volume of 1,291,409 shares. About 989,912 shares traded.
In recent trade, Targa Resources Corp. It dropped, as 4 investors sold CorMedix Inc. shares while 11 reduced holdings. VFC's SI was 31.25M shares in August as released by FINRA. Texas Yale has 3,579 shares. Blackrock holds 0% or 57,618 shares. CorMedix Inc. (NYSEMKT:CRMD) has declined 81.83% since August 8, 2016 and is downtrending. Bollard Group raised its stake in Targa Resources by 1.1% in the Fiscal Q2. It also reduced Wabtec Corp (NYSE:WAB) stake by 158,656 shares and now owns 2.30 million shares.
Since February 14, 2017, it had 1 insider purchase, and 5 insider sales for $1.18 million activity. 7,500 shares were sold by CRISP CHARLES R, worth $434,046 on Wednesday, February 22.
07/17/2017 - Targa Resources, Inc. had its "buy" rating reiterated by analysts at Stifel Nicolaus.
Targa Resources Corp. was covered by a number of analysts recently, 8 rated the stock as Buy, 8 rated Hold, 0 rated sell and 0 gave an Underperform. Therefore 72% are positive.
07/17/2017 - Targa Resources, Inc. was upgraded to "outperform" by analysts at Wells Fargo. ValuEngine raised shares of Targa Resources from a "sell" rating to a "hold" rating in a report on Wednesday, July 19th. Bluemountain Capital Management, LLC expanded its investment by buying 18,605 shares an increase of 118.9%. Stifel Nicolaus upgraded the shares of TRGP in report on Thursday, August 4 to "Buy" rating. Jefferies upgraded Targa Resources Corp (NYSE:TRGP) on Wednesday, July 12 to "Buy" rating.
Media headlines about Targa Resources (NYSE:TRGP) have been trending somewhat positive on Saturday, according to Accern. US Bancorp DE now owns 13,795 shares of the pipeline company's stock worth $623,000 after buying an additional 2,549 shares during the last quarter. The rating was downgraded by Raymond James to "Mkt Perform" on Monday, January 4. The firm earned "Outperform" rating on Thursday, November 3 by RBC Capital Markets. Stifel Nicolaus maintained the shares of TRGP in report on Monday, July 17 with "Buy" rating.
Since an alpha above 1 hints at more gains, investors can predict some further rally scope. Its the same as in 2016Q3.
Several institutional investors have recently made changes to their positions in TRGP. Jefferies Group LLC reiterated a "hold" rating and issued a $54.00 price objective on shares of Targa Resources in a report on Tuesday, April 4th. Comm National Bank holds 0.01% or 6,641 shares in its portfolio. Stifel Financial accumulated 52,298 shares or 0.01% of the stock. Andra Ap stated it has 21,900 shares or 0.03% of all its holdings. Amer Century Cos Incorporated invested in 14,008 shares. Illinois-based Envestnet Asset has invested 0% in Targa Resources Corp (NYSE:TRGP). Wells Fargo Com Mn owns 3,312 shares or 0% of their United States portfolio. Private Trust Co. NA raised its stake in shares of Targa Resources by 0.7% in the first quarter. (NYSE:ROL). Winfield Associate Inc holds 60 shares. Liberty Mutual Asset Management reported 42,040 shares stake. Targa Resources Corp. (TRGP) is intriguing when broken down to its core data. Great West Life Assurance Can, a Manitoba - Canada-based fund reported 213,158 shares. Targa Resources earned a daily sentiment score of 0.19 on Accern's scale.
Investors sentiment decreased to 0.47 in Q4 2016. Its up 0.06, from 1.03 in 2016Q3. Vanguard Group reported 1.15M shares. 76 funds opened positions while 229 raised stakes. Evercore upgraded the shares of TRGP in report on Tuesday, March 7 to "Outperform" rating. Moreover, Aristotle Capital Boston Limited Liability has 0.92% invested in Bottomline Technologies (NASDAQ:EPAY) for 268,679 shares. Bridgeway Capital has invested 0% in CorMedix Inc. Geosphere Cap Mngmt invested in 57,250 shares. Raffles Associate L P reported 94,005 shares stake. Thrivent Fin For Lutherans invested in 0% or 19,710 shares. In the trailing twelve months, gross profit margin was 23.60% and net profit margin of the company was -0.60%. Fernwood Investment Mgmt Lc has invested 0.46% of its portfolio in CBOE Holdings, Inc (NASDAQ:CBOE). Morgan Stanley holds 0% of its portfolio in Bottomline Technologies (NASDAQ:EPAY) for 118,500 shares. Glenmede Tru Na, Pennsylvania-based fund reported 2,125 shares. The firm has "Hold" rating given on Tuesday, October 25 by Deutsche Bank. The firm's stock has a market capitalization of $9.7 bln. The Bank's primary lending and deposit gathering area includes Wayne, Holmes, Ashland, Medina and Stark counties, where it operates over 10 offices.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.
Keselowski wins pole for Pure Michigan 400
Logano earned the second starting spot with speed of 203.063 miles per hour , just six thousandths of a second behind Keselowski. In 17 races at Michigan , Logano has two wins, five top five and 12 top ten finishes with an average finish of 12.1.
Borussia Dortmund maintain Ousmane Dembele suspension
Dembele is under contract with Dortmund until 2021 and an initial offer from the Spanish giants has been rejected by Dortmund. Speculation mounted that the France forward was Camp Nou bound after he missed training without permission on Thursday.
North Korea talk drags stocks lower; gold, yen rise
Benchmark US 10-year notes last rose 6/32 in price to yield 2.1905 per cent, from 2.211 per cent late on Thursday. After touching a more than two-month high, spot gold last added 0.1 percent to $1,287.18 an ounce.
Killer elephant shot dead in India
Khan recalled that the pachyderm tried to swing its trunk at the hunting party after he shot the elephant at point-blank range. The elephant's death comes a day before World Elephant Day, which falls every year on August 12.
Shares hit by US-North Korea tensions
Penney slumped 16.56 percent to a record low after the retailer reported a bigger-than-expected quarterly loss. Meanwhile, the dollar USDJPY, -0.31% fetched ¥109.69, compared with ¥110.31 late Tuesday.