Plains All American Pipeline (PAA) Shareholder Advisory Research INC Has Lowered Position

Marco Green
September 22, 2017

Dean Foods Company (NYSE:DF) earnings have declined with a quarterly rate of -4.5% over the last 5 years. PAA's profit will be $188.47 million for 20.97 P/E if the $0.26 EPS becomes a reality. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Therefore 34% are positive. Nautilus Group had 20 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has "Neutral" rating by UBS on Thursday, August 6. The rating was maintained by Stifel Nicolaus with "Hold" on Wednesday, May 10.

Plains All American Pipeline, L.P. (PAA) failed to surprise the stock market in its last reported earnings when it earned $0.22 a piece versus the consensus-estimated $0.26. BMO Capital Markets maintained it with "Market Perform" rating and $22 target in Friday, August 18 report. The firm has "Hold" rating given on Tuesday, August 8 by Scotia Capital. On August 9 the company was downgraded from "Overweight" to "Equal-Weight" in an announcement from Morgan Stanley.

The collective rating of 2.3 for Plains All American Pipeline, L.P. (NYSE:PAA) also leans strongly towards the neutral end of the spectrum. The institutional investor held 384,893 shares of the energy company at the end of 2016Q4, valued at $12.43M, up from 208,075 at the end of the previous reported quarter. Imperial Capital maintained it with "In-Line" rating and $17 target in Wednesday, November 2 report.

Investors sentiment decreased to 1.05 in Q4 2016. Its up 0.05, from 1.35 in 2016Q3. It fall, as 39 investors sold PAA shares while 135 reduced holdings. 24 funds opened positions while 52 raised stakes. 293.86 million shares or 1.49% more from 289.54 million shares in 2017Q1 were reported. Ameriprise Fin Inc reported 84,152 shares.

Plains All American Pipeline, (NYSE:PAA) previously released its earnings report on early Mon, Aug 7th. E&G Advsrs Limited Partnership has 0.46% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 23,800 shares. Fiera Capital Corporation has 0.01% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 33,122 shares. Cap One Association holds 14,828 shares. Gibraltar Capital Management Inc., a Oklahoma-based fund reported 148,733 shares. Forward Management Limited Liability Corporation stated it has 309,226 shares or 0.7% of all its holdings. With short interest at 15,154,219 and short average daily volume at 4,159,934, days to cover is 4.0 and the percentage of shorted shares was 0.02% on August 31. Barnett And Co has invested 0.11% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Bollard Group Ltd owns 291,438 shares.

Analysts await Mueller Water Products, Inc. Therefore 84% are positive.

PAA has been the subject of a number of analyst reports. The firm has "Overweight" rating given on Monday, January 30 by Barclays Capital.

Equity analyst Raymond James both upgraded the stock and lowered the price target on August 28 cutting the price target from $24.00 to $21.00 and changing the rating from "Outperform" to "Hold". The rating was initiated by Deutsche Bank with "Buy" on Wednesday, November 2. The firm has "Outperform" rating by FBR Capital given on Thursday, January 28. The stock has "Outperform" rating by RBC Capital Markets on Monday, October 31. As per Tuesday, July 28, the company rating was downgraded by S&P Research. The firm earned "Neutral" rating on Friday, April 1 by Piper Jaffray. The stock of Facebook Inc (NASDAQ:FB) earned "Buy" rating by Cantor Fitzgerald on Thursday, August 27. Its down 0.12, from 1.17 in 2016Q3. Parkside Financial Bank & Trust now owns 4,228 shares of the pipeline company's stock worth $134,000 after acquiring an additional 800 shares during the period. 74 funds opened positions while 145 raised stakes.

The company now has a P/E ratio of 16.95 and the market cap is 15.92B. Highbridge Mgmt Ltd Com holds 43,472 shares or 0.01% of its portfolio. Girard Partners Limited holds 78,277 shares or 1.77% of its portfolio. Moreover, Teacher Retirement Sys Of Texas has 0.03% invested in Andeavor (NYSE:ANDV) for 45,238 shares. Homrich Berg invested in 0.2% or 87,897 shares.

The Average Earnings Estimate for the Current Fiscal quarter is $0.25 per share, according to consensus of 17 analysts. Schwab Charles Inv Mngmt reported 0% of its portfolio in Nautilus, Inc. Outfitter Ltd reported 26,159 shares.

Is Dean Foods Company (NYSE:DF) Cheap From Peers? Massachusetts-based Redwood Lc has invested 2.35% in Facebook Inc (NASDAQ:FB). Institutional investors own 42.07% of the company's stock. The company has its outstanding shares of 743.64M. Amer Asset Mngmt invested 0.67% of its portfolio in Visa Inc (NYSE:V).

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