ibusinesslines.com March 18, 2018

Magellan Midstream Prtnrs LP (MMP) Shareholder Creative Planning Boosted Holding

13 January 2018, 06:29 | Jodi Jackson

It has outperformed by 4.96% the S&P500.

Riverpark Advisors Llc increased its stake in Magellan Midstream Prtnrs Lp (MMP) by 42.11% based on its latest 2017Q3 regulatory filing with the SEC. BMO Capital Markets maintained RPC, Inc. Riverpark Advisors Llc who had been investing in Magellan Midstream Prtnrs Lp for a number of months, seems to be bullish on the $16.82 billion market cap company. Spirit of America Management Corp NY now owns 189,508 shares of the company's stock valued at $4,347,000 after buying an additional 157,100 shares in the last quarter. About 17,247 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since January 12, 2017 and is uptrending. It has underperformed by 16.70% the S&P500.

Since January 1, 0001, it had 1 insider purchase, and 0 selling transactions for $9,845 activity. The outstanding shares for Magellan Midstream Partners, L.P.is 230.13, along with a floating outstanding shares of 227.64. Therefore 30% are positive. Martin Midstream Partners LP had 17 analyst reports since September 21, 2015 according to SRatingsIntel. The institutional investor held 1.94 million shares of the natural gas distribution company at the end of 2017Q3, valued at $137.57M, up from 1.71M at the end of the previous reported quarter. Stifel Nicolaus has "Hold" rating and $8100 target. The rating was maintained by Howard Weil on Tuesday, October 11 with "Sector Outperform". (NYSE:C) earned "Buy" rating by Oppenheimer on Thursday, July 20. The stock of Rice Midstream Partners LP (NYSE:RMP) has "Outperform" rating given on Friday, August 7 by RBC Capital Markets. RBC Capital Markets reiterated a "buy" rating and issued a $28.00 price objective on shares of Summit Midstream Partners, in a research report on Friday, January 6th. As per Monday, April 4, the company rating was downgraded by Wunderlich. RBC Capital Markets maintained it with "Hold" rating and $2100 target in Sunday, July 23 report. Raymond James And Assoc owns 50,085 shares. 134.51 million shares or 2.12% more from 131.72 million shares in 2017Q2 were reported. Tru Asset Mngmt Limited Liability, a Texas-based fund reported 60,791 shares. Peak6 Investments Lp owns 3,650 shares for 0% of their portfolio.

The Piotroski F-Score is a scoring system between 1-9 that determines a firm's financial strength. Livforsakringsbolaget Skandia Omsesidigt reported 5,100 shares or 0.03% of all its holdings. Whitnell has invested 0.49% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). The weekly volatility was 1.53% for Magellan Midstream Partners, L.P., MMP, making it easy for the traders to interpret how riskier their investment is on this stock. Two Sigma Securities holds 0.02% or 11,171 shares in its portfolio.

Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources' production. Valley Advisers has invested 0.31% in Magellan Midstream Partners, L.P. (NYSE:MMP). Middleton Co Inc Ma reported 6,300 shares. Deutsche Comml Bank Ag accumulated 29,748 shares.

Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that after a distinguished 38-year career with Royal Dutch Shell plc, John Hollowell will retire as President and Chief Executive Officer of Shell Midstream Partners GP LLC, our general partner, effective March 31, 2018. First Foundation Advsrs reported 0.03% in Citigroup Inc. The Permal Asset Management Llc holds 207,900 shares with $3.32 million value, down from 230,000 last quarter. It also reduced its holding in Qualcomm Inc (NASDAQ:QCOM) by 60,000 shares in the quarter, leaving it with 660,000 shares, and cut its stake in Trimble Inc (NASDAQ:TRMB). Robert W. Baird has "Hold" rating and $19.0 target. Therefore 86% are positive. The stock of Citigroup Inc. The firm has "Buy" rating by Suntrust Robinson given on Wednesday, January 18. Wells Fargo And Mn has 819,613 shares.

Similar to the RSI, the RMI fluctuates between 0-100, where a reading crossing 70 would indicate overbought territory and under 30 Oversold. Canaccord Genuity maintained NuVasive, Inc. The company was upgraded on Wednesday, January 6 by UBS. Robert W. Baird has "Neutral" rating and $60 target. On Monday, October 5 the stock rating was maintained by Cowen & Co with "Market Perform". BMO Capital Markets maintained the shares of RMP in report on Thursday, August 10 with "Buy" rating. The stock has "Buy" rating by RBC Capital Markets on Thursday, June 22. The stock has "Neutral" rating by Credit Suisse on Friday, May 5. As per Thursday, February 11, the company rating was maintained by Stifel Nicolaus. Summit Midstream Partners earned a media sentiment score of 0.08 on Accern's scale. Its down 0.02, from 1.3 in 2017Q2. It is negative, as 7 investors sold Martin Midstream Partners L.P. shares while 24 reduced holdings. BNP Paribas Arbitrage SA acquired a new position in shares of Summit Midstream Partners during the third quarter valued at approximately $105,000.

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