Ev Energy Partners LP (NASDAQ:EVEP) Shifting Institutional Investors Sentiment

September 12, 2017 - By Stephen Andrade

 Ev Energy Partners LP (NASDAQ:EVEP) Shifting Institutional Investors Sentiment

Sentiment for Ev Energy Partners LP (NASDAQ:EVEP)

Ev Energy Partners LP (NASDAQ:EVEP) institutional sentiment increased to 0.85 in 2016 Q4. Its up 0.31, from 0.54 in 2016Q3. The ratio has improved, as 17 hedge funds increased and opened new positions, while 20 sold and decreased their stock positions in Ev Energy Partners LP. The hedge funds in our partner’s database now possess: 2.34 million shares, down from 2.47 million shares in 2016Q3. Also, the number of hedge funds holding Ev Energy Partners LP in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 15 Increased: 11 New Position: 6.

EV Energy Partners, L.P. is engaged in the acquisition, development and production of oil and natural gas properties and all of its activities are located in the United States. The company has market cap of $22.71 million. The Company’s oil and natural gas properties are located in the Appalachian Basin, which includes the Utica Shale; the San Juan Basin; Michigan; Central Texas, which includes the Austin Chalk area; the Mid-Continent areas in Oklahoma, Texas, Arkansas, Kansas and Louisiana; the Monroe Field in Northern Louisiana, and the Permian Basin. It currently has negative earnings. The Company’s activities are concentrated in the Ohio and West Virginia areas of the Appalachian Basin.

About 2,123 shares traded. EV Energy Partners, L.P. (NASDAQ:EVEP) has declined 38.68% since September 12, 2016 and is downtrending. It has underperformed by 55.38% the S&P500.

Arrow Investment Advisors Llc holds 0.21% of its portfolio in EV Energy Partners, L.P. for 382,354 shares. Rbf Capital Llc owns 312,212 shares or 0.09% of their US portfolio. Moreover, Rr Advisors Llc has 0.03% invested in the company for 100,000 shares. The United Kingdom-based Gsa Capital Partners Llp has invested 0.02% in the stock. Hilton Capital Management Llc, a New York-based fund reported 13,500 shares.#img1#

EV Energy Partners, L.P. (NASDAQ:EVEP) Ratings Coverage

Ratings analysis reveals 0 of EV Energy’s analysts are positive. Out of 9 Wall Street analysts rating EV Energy, 0 give it “Buy”, 5 “Sell” rating, while 4 recommend “Hold”. The lowest target is $0.5000 while the high is $15. The stock’s average target of $4.71 is 923.91% above today’s ($0.46) share price. EVEP was included in 22 notes of analysts from August 11, 2015. Stifel Nicolaus maintained the shares of EVEP in report on Thursday, July 13 with “Sell” rating. Citigroup maintained the shares of EVEP in report on Monday, September 14 with “Buy” rating. The company was downgraded on Monday, October 31 by Stifel Nicolaus. The stock of EV Energy Partners, L.P. (NASDAQ:EVEP) has “Underperform” rating given on Monday, August 24 by Robert W. Baird. The rating was upgraded by Raymond James to “Mkt Perform” on Tuesday, November 10. On Friday, February 12 the stock rating was downgraded by Ladenburg Thalmann to “Neutral”. Zacks downgraded the shares of EVEP in report on Tuesday, August 11 to “Buy” rating. On Thursday, June 8 the stock rating was downgraded by Stifel Nicolaus to “Sell”. Bank of America downgraded the stock to “Underperform” rating in Tuesday, February 23 report. The stock of EV Energy Partners, L.P. (NASDAQ:EVEP) earned “Buy” rating by Stifel Nicolaus on Tuesday, August 11.

More notable recent EV Energy Partners, L.P. (NASDAQ:EVEP) news were published by: Seekingalpha.com which released: “EV Energy Partners: Not For The Faint Of Heart” on June 30, 2017, also Seekingalpha.com with their article: “EV Energy Partners’ (EVEP) CEO Mike Mercer on Q4 2016 Results – Earnings Call …” published on March 01, 2017, Seekingalpha.com published: “Bag 23% Yield To Maturity Bonds From EV Energy Partners, Matures April 2019” on April 08, 2017. More interesting news about EV Energy Partners, L.P. (NASDAQ:EVEP) were released by: Seekingalpha.com and their article: “EV Energy Partners (EVEP) Q2 2017 Results – Earnings Call Transcript” published on August 09, 2017 as well as Seekingalpha.com‘s news article titled: “EV Energy Partners’ (EVEP) CEO Michael Mercer on Q1 2017 Results – Earnings …” with publication date: May 10, 2017.

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