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

Marco Green
July 17, 2017

At the time of writing, EQT Midstream Partners LP (EQM) has a 14-day Commodity Channel Index (CCI) of 151.71. Kayne Anderson Capital Advisors LP now owns 3,041,900 shares of the pipeline company's stock valued at $72,998,000 after buying an additional 681,800 shares in the last quarter.

06/09/2016 - Antero Midstream Partners LP was upgraded to " by analysts at Robert W. Baird. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels.

Shell Midstream Partners, L.P. (NYSE:SHLX) recorded a trading volume of 0.22 million shares, below its 90-day volume average of 0.36 million shares. It has outperformed by 25.36% the S&P500. Spirit of America Management Corp NY now owns 366,558 shares of the pipeline company's stock worth $8,798,000 after buying an additional 75,350 shares in the last quarter. Next quarter's EPS is forecasted at $0.36 with next year's EPS projected to be $1.49. Analysts are expecting EPS growth rates to be at 56.60% this quarter and EPS estimate for next year reflect 312.17% growth rate. For example, if there is good news like a positive earnings announcement, the demand for a stock may increase, raising the price from the previous day's close. The correct version of this article can be read at It has outperformed by 13.38% the S&P500.

In a report revealed to clients on Friday, 14 July, The "Equal-Weight" rating of CONE Midstream Partners (NYSE:CNNX) shares was maintained at Morgan Stanley, who now has a $24 target price on the stock. Therefore 58% are positive. Credit Suisse Group raised Magellan Midstream Partners L.P. from an underperform rating to a neutral rating and upped their price objective for the company from $80.00 to $84.00 in a research report on Thursday, May 4th. Enable Midstream Partners LP (NYSE:ENBL) has risen 21.66% since July 17, 2016 and is uptrending. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. Guggenheim Capital LLC now owns 90,108 shares of the pipeline company's stock valued at $1,417,000 after buying an additional 17,409 shares in the last quarter. On Monday, August 31 the stock rating was downgraded by Northcoast to "Neutral". The stock's market capitalization is 6.17B. Wells Fargo downgraded CONE Midstream Partners LP (NYSE:CNNX) on Friday, January 15 to "Market Perform" rating. As per Friday, May 6, the company rating was maintained by Stifel Nicolaus. Finally, Catawba Capital Management VA boosted its stake in shares of Magellan Midstream Partners 3.4% in the first quarter. It also reduced Nustar Energy Lp (NYSE:NS) stake by 125,479 shares and now owns 4.19 million shares. Corporate insiders own 0.24% of the company's stock. It is down 28.21% since July 17, 2016 and is downtrending. (NYSE:MSCI), 2 have Buy rating, 2 Sell and 2 Hold. The firm earned "Buy" rating on Thursday, August 27 by Cantor Fitzgerald. The company was downgraded on Monday, June 19 by Suntrust Robinson. Goldman Sachs maintained the shares of CNNX in report on Thursday, May 12 with "Neutral" rating. Trust Co. of Oklahoma now owns 12,450 shares of the pipeline company's stock valued at $958,000 after buying an additional 100 shares during the period. They expect $-0.61 earnings per share, up 18.67% or $0.14 from last year's $-0.75 per share.

Waters Corporation is an analytical instrument manufacturer. The company has market cap of $832.75 million. The Company's divisions include Index, Analytics and All Other segment. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued. It designs, makes, sells and services high performance liquid chromatography, ultra performance liquid chromatography (UPLC and together with HPLC, referred to as LC) and mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products and post-warranty service plans. Vallee Rodolphe M sold $1.02M worth of Msci Inc (NYSE:MSCI) on Monday, February 13. 134.82 million shares or 3.13% less from 139.16 million shares in 2016Q3 were reported.

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