Western Gas Equity Partners, LP (NYSE:WGP) Shares Dip Under Moving Averages

Marco Green
December 7, 2017

Carlson Capital LP sold 76,574 shares as Lipocine Inc New (LPCN)'s stock declined 5.82%. Jacobs & Company Ca holds 0.98% or 40,109 shares. Of course there will always be those who happen to get lucky and end up making a lot of money in the stock market with little knowledge. Sensata Technologies Holding N.V. (NYSE:ST) has risen 16.67% since December 6, 2016 and is uptrending. It has outperformed by 0.22% the S&P500.

Over the past 50 days, Crestwood Equity Partners LP (NYSE:CEQP) stock was -4.26% off of the high and 11.29% removed from the low. Therefore 65% are positive. Western Gas Equity Partners has a 52 week low of $33.92 and a 52 week high of $47.82. The brokerage presently has an "equal weight" rating on the pipeline company's stock.

Western Gas Partners (NYSE:WES) last issued its quarterly earnings results on Tuesday, October 31st. The stock of Western Gas Partners, LP (NYSE:WES) earned "Hold" rating by Stifel Nicolaus on Thursday, January 28. The rating was downgraded by Credit Suisse to "Neutral" on Thursday, March 17.

Analysts on a consensus basis are expecting that the stock will reach $27.33 within the year. As per Friday, April 21, the company rating was initiated by Macquarie Research. The firm has "Equalweight" rating by CapitalOne given on Thursday, January 14. As per Monday, November 2, the company rating was maintained by Barclays Capital. It also reduced Dillards Inc (NYSE:DDS) stake by 182,873 shares and now owns 1.37 million shares.

Investors sentiment increased to 1.45 in 2017 Q2. Royal Bank Of Canada owns 28,100 shares for 0% of their portfolio. Comerica Bancorp reported 0.01% in The E.W. Scripps Company (NYSE:SSP). Mai Capital Mngmt holds 0.25% or 91,620 shares. The Return on Invested Capital is a ratio that determines whether a company is profitable or not. That is, the BTM is a comparison of a company's net asset value per share to its share price. Bokf Na reported 5,025 shares. TheStreet upgraded Western Gas Partners from a "c+" rating to a "b-" rating in a research report on Tuesday, July 25th. Fort Washington Investment Advsr Oh has 48,000 shares for 0.03% of their portfolio. Royal Bankshares Of Canada holds 0% or 28,100 shares in its portfolio. Saybrook Capital Nc stated it has 11,500 shares or 0.71% of all its holdings. Signaturefd Lc accumulated 6,800 shares. Northwestern Mutual Wealth reported 0% of its portfolio in The E.W. Scripps Company (NYSE:SSP). 52,046 were accumulated by Invesco Ltd. M&T Bank & Trust reported 0.04% stake. First Manhattan stated it has 2,597 shares. The analyst recommendations from a month ago are 0 Buy, 9 Strong Buy, 0 Sell, 0 Hold and 3. The stock of Western Gas Partners, LP (NYSE:WES) has "Buy" rating given on Sunday, October 29 by RBC Capital Markets. Skylands Ltd holds 0.08% or 13,800 shares. The firm's stock has a market capitalization of $6.57 bln. Jefferies has "Hold" rating and $20.0 target. As per Thursday, February 25, the company rating was initiated by Morgan Stanley. The firm has "Buy" rating by MLV given on Friday, July 31. (NASDAQ:LPCN) on Wednesday, August 12 with "Buy" rating. Monitoring FCF information may help provide some excellent insight on the financial health of a specific company. The rating was maintained by Benchmark on Monday, November 7 with "Buy".

Investors sentiment increased to 1 in 2017 Q2. It increased, as 16 investors sold WES shares while 46 reduced holdings. State of New Jersey Common Pension Fund D raised its holdings in shares of Western Gas Partners by 58.1% in the third quarter.

Shares of Western Gas Equity Partners (WGP) traded down $0.08 during midday trading on Tuesday, hitting $36.30.

Crestwood Equity Partners LP (NYSE:CEQP) may have great momentum, but how has it been performing relative to the market? The Company is formed to own approximately three types of partnership interests in Western Gas Partners, LP (WES). American Registered Inv Advisor accumulated 14,100 shares. Winslow Evans & Crocker Incorporated invested in 1,600 shares or 0% of the stock. The Manufacturers Life Insurance Company now owns 3,954 shares of the pipeline company's stock worth $221,000 after acquiring an additional 265 shares in the last quarter. Andra Ap owns 44,300 shares. Adams Asset Advsr reported 26,962 shares or 0.22% of all its holdings. Huntington Steele Limited Liability Corp has 0.08% invested in Western Gas Partners, LP (NYSE:WES). Lvw Advsrs Lc accumulated 7,950 shares. The stock decreased 1.27% or $0.58 during the last trading session, reaching $44.99. A lower value may show larger traded value meaning more sell-side analysts may track the company leading to a lesser chance that shares are priced improperly. Scotiabank set a $61.00 price objective on Western Gas Partners and gave the company a "hold" rating in a report on Wednesday, August 16th.

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