Could Navios Maritime Midstream Partners LP (NAP) See a Reversal After This Very Strong Session?

September 17, 2017 - By Ellis Scott

Investors sentiment decreased to 0.31 in Q4 2016. Its down 0.69, from 1 in 2016Q3. It is negative, as 4 investors sold Navios Maritime Midstream Partners LP shares while 9 reduced holdings. 2 funds opened positions while 2 raised stakes. 3.88 million shares or 26.43% more from 3.07 million shares in 2016Q3 were reported.
Advisory reported 1.62M shares. Barclays Public Ltd stated it has 23 shares or 0% of all its holdings. Creative Planning owns 1,050 shares or 0% of their US portfolio. State Bank Of America De has 0% invested in Navios Maritime Midstream Partners LP (NYSE:NAP) for 418,683 shares. Nuveen Asset Ltd Liability Com holds 918,380 shares or 0.05% of its portfolio. Susquehanna Int Ltd Liability Partnership reported 0% in Navios Maritime Midstream Partners LP (NYSE:NAP). Wells Fargo And Mn holds 0% or 4,780 shares. The New York-based Renaissance Limited Com has invested 0% in Navios Maritime Midstream Partners LP (NYSE:NAP). Kcg Holdg holds 21,448 shares or 0.01% of its portfolio. Berson Corrado Investment Advisors Ltd Liability Corporation stated it has 0.26% of its portfolio in Navios Maritime Midstream Partners LP (NYSE:NAP). Deutsche National Bank Ag invested 0% of its portfolio in Navios Maritime Midstream Partners LP (NYSE:NAP). Citigroup Inc has 336 shares. The Texas-based Eagle Advisors Ltd Liability Company has invested 0.19% in Navios Maritime Midstream Partners LP (NYSE:NAP). Morgan Stanley holds 0% or 123,120 shares. Cs Mckee Lp holds 0.04% or 49,200 shares.

The stock of Navios Maritime Midstream Partners LP (NYSE:NAP) is a huge mover today! The stock increased 2.62% or $0.19 on September 15, reaching $7.44. About 59,096 shares traded. Navios Maritime Midstream Partners LP (NYSE:NAP) has declined 4.60% since September 17, 2016 and is downtrending. It has underperformed by 21.30% the S&P500.
The move comes after 5 months positive chart setup for the $159.03 million company. It was reported on Sep, 17 by Barchart.com. We have $7.96 PT which if reached, will make NYSE:NAP worth $11.13 million more.

Wall Street await Navios Maritime Midstream Partners LP (NYSE:NAP) to release earnings on October, 25. Analysts forecast earnings per share of $0.21, down exactly $0.05 or 19.23 % from 2014’s $0.26 EPS. The expected NAP’s profit could reach $4.49 million giving the stock 8.86 P/E in the case that $0.21 earnings per share is reported. After posting $0.10 EPS for the previous quarter, Navios Maritime Midstream Partners LP’s analysts now forecast 110.00 % EPS growth.

Navios Maritime Midstream Partners LP (NYSE:NAP) Ratings Coverage

Among 4 analysts covering Navios Maritime Midstream Partners (NYSE:NAP), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Navios Maritime Midstream Partners had 5 analyst reports since September 22, 2015 according to SRatingsIntel. Zacks downgraded the stock to “Hold” rating in Tuesday, September 22 report. The firm earned “Neutral” rating on Thursday, January 26 by Citigroup. The company was downgraded on Friday, January 13 by Credit Suisse. The stock has “Underperform” rating by Bank of America on Friday, June 23.

More notable recent Navios Maritime Midstream Partners LP (NYSE:NAP) news were published by: Seekingalpha.com which released: “Navios Maritime Midstream Partners LP: The Straight Story On This Mega-Yielder” on November 26, 2014, also Seekingalpha.com with their article: “Navios Maritime Midstream LP: Still A Sell After Q2 Earnings” published on July 31, 2017, Seekingalpha.com published: “Navios Midstream Is Poised To Plummet” on November 01, 2016. More interesting news about Navios Maritime Midstream Partners LP (NYSE:NAP) were released by: Seekingalpha.com and their article: “Navios Maritime Midstream Partners’ (NAP) CEO Angeliki Frangou on Q2 2017 …” published on July 26, 2017 as well as Seekingalpha.com‘s news article titled: “Navios Maritime Midstream Partners LP: VLCC Rate Drop Another Blow” with publication date: August 20, 2017.

Navios Maritime Midstream Partners L.P. is a holding company. The company has market cap of $159.03 million. The Company’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts. It has a 8.64 P/E ratio. The Firm focuses to charter its vessels under long-term employment contracts to international oil companies, refiners and large vessel operators.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.