Plains Group Holdings, LP (PAGP) Given Average Recommendation of "Hold" by Brokerages

Marco Green
August 30, 2017

It closed at $21.17 lastly. Molina Healthcare, Inc. (NYSE:MOH) has risen 48.61% since August 29, 2016 and is uptrending. It has underperformed by 13.38% the S&P500.The move comes after 7 months positive chart setup for the $6.17B company. The transaction was disclosed in a filing with the SEC, which is available at this link. Wilen Investment Management Corp sold 5,200 shares as the company's stock declined 6.55% while stock markets rallied. BMO Capital Markets restated a "hold" rating and issued a $32.00 price objective on shares of Plains Group Holdings, a research note on Wednesday, May 24th. On the other hand, company insiders are holding 1.50%. We have $22.98 PT which if reached, will make NYSE:PAGP worth $431.90 million more. On Monday, August 24 the stock rating was initiated by Howard Weil with "Sector Perform". The consensus recommendation for stock is 2.30. Strong Sell. Investors might also notice that two months ago the Buy recommendations (2) outnumbered Sell recommendations (0). Plains GP Holdings LP had 63 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned "Underperform" rating on Monday, February 8 by Robert W. Baird. (NYSE:MOH) was sold by ORLANDO STEVEN J. Macquarie Research maintained the stock with "Outperform" rating in Monday, April 24 report. FBR Capital maintained the stock with "Buy" rating in Monday, July 17 report.

Investors sentiment increased to 0.33 in 2016 Q4. In terms of volatility, it has a beta coefficient of 1.64 and technical analysis volatility indicator called Average True Range or ATR around 0.71. It worsened, as 14 investors sold SXI shares while 44 reduced holdings. 33 funds opened positions while 91 raised stakes. Tdam Usa holds 0.09% of its portfolio in Molina Healthcare, Inc. Sandy Spring Bancorporation holds 400 shares. The SI to Hebron Tech Company Limited's float is 0.15%. (NYSE:MOH). Epoch Inv Ptnrs reported 789,949 shares. Neuberger Berman Gp Lc holds 0.04% of its portfolio in Molina Healthcare, Inc. About 1.42 million shares traded. The firm has a Return on Assets (ROA) value of 0.30%. Next quarter's EPS is forecasted at $0.53 with next year's EPS anticipated to be $1.75. Credit Agricole S A invested 0% of its portfolio in Molina Healthcare, Inc. Dreman Value L L C holds 0.93% of its portfolio in Plains GP Holdings LP (NYSE:PAGP) for 47,808 shares.

Plains GP Holdings, L.P. (PAGP) stock is most attractive stock of Wall Street. Stockholders of record on Monday, July 31st were issued a $0.55 dividend. One analyst has rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 46% are positive. The firm has "Buy" rating given on Tuesday, August 16 by Citigroup. Stifel Nicolaus cut their price objective on Plains Group Holdings, L.P. from $34.00 to $30.00 and set a "hold" rating on the stock in a report on Wednesday, May 10th. On August 28 the company was upgraded from "Outperform" to "Hold" and a price target of $21.00 was set by Raymond James. The rating was maintained by Stifel Nicolaus on Thursday, August 6 with "Buy". The company was upgraded on Monday, July 10 by Mizuho. The correct version of this piece can be accessed at The firm earned "Neutral" rating on Friday, December 18 by Seaport Global Securities.

Investors sentiment decreased to 1.04 in 2016 Q4. Its down 1.34, from 1.34 in 2016Q3.

Plains GP Holdings, L.P. (NYSE:PAGP)'s RSI (Relative Strength Index) is 37.53. Chickasaw Capital Management LLC raised its position in Plains Group Holdings, 4.4% in the second quarter. Talara Cap Management Ltd Co holds 279,263 shares. West Family Investments accumulated 18,776 shares. Friedberg Mngmt accumulated 93,860 shares. With short interest at 2,780,860 and short average daily volume at 2,768,673, days to cover is 1.0 and the short interest percentage is 0.02% as of August 15. Bush Odonnell stated it has 0.57% in Plains GP Holdings LP (NYSE:PAGP). Texas Yale Capital reported 65,853 shares. Oregon Public Employees Retirement Fund now owns 14,961 shares of the pipeline company's stock worth $468,000 after buying an additional 4,800 shares in the last quarter.

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