Dolan Co (NYSE:DM) Move as Institutional Investors’ Sentiment Improved

June 17, 2018 - By Adrian Mccoy

Sentiment for Dolan Co (NYSE:DM)

Dolan Co (NYSE:DM) institutional sentiment increased to 1.63 in 2018 Q1. Its up 0.84, from 0.79 in 2017Q4. The ratio increased, as 52 hedge funds increased and opened new positions, while 32 trimmed and sold positions in Dolan Co. The hedge funds in our partner’s database now hold: 39.34 million shares, up from 35.73 million shares in 2017Q4. Also, the number of hedge funds holding Dolan Co in their top 10 positions decreased from 2 to 0 for a decrease of 2. Sold All: 16 Reduced: 16 Increased: 36 New Position: 16.

Dominion Energy Midstream Partners, LP owns liquefied natural gas import, storage, regasification, and transportation assets. The company has market cap of $1.29 billion. It owns and operates LNG facility located on the Chesapeake Bay in Lusby, Maryland; and has approximately 136 miles of natural gas pipeline that connects its LNG facility to interstate natural gas pipelines. It has a 9.6 P/E ratio. The firm also operates an interstate pipeline in South Carolina and southeastern Georgia comprising natural gas system consisting of approximately 1,500 miles of transmission pipeline and 5 compressor stations with approximately 38,700 installed compressor horsepower.

The stock decreased 3.00% or $0.4 during the last trading session, reaching $12.95. About 7.10M shares traded or 808.58% up from the average. Dominion Energy Midstream Partners, LP (NYSE:DM) has declined 54.15% since June 17, 2017 and is downtrending. It has underperformed by 66.72% the S&P500.

Analysts await Dominion Energy Midstream Partners, LP (NYSE:DM) to report earnings on August, 1. They expect $0.39 earnings per share, up 25.81 % or $0.08 from last year’s $0.31 per share. DM’s profit will be $38.97M for 8.30 P/E if the $0.39 EPS becomes a reality. After $0.35 actual earnings per share reported by Dominion Energy Midstream Partners, LP for the previous quarter, Wall Street now forecasts 11.43 % EPS growth.

Chickasaw Capital Management Llc holds 1.72% of its portfolio in Dominion Energy Midstream Partners, LP for 4.71 million shares. Nbw Capital Llc owns 253,814 shares or 1.22% of their US portfolio. Moreover, A. D. Beadell Investment Counsel Inc. has 1.17% invested in the company for 88,350 shares. The New York-based Spirit Of America Management Corp Ny has invested 1.09% in the stock. Wills Financial Group Inc., a Virginia-based fund reported 83,718 shares.

Dominion Energy Midstream Partners, LP (NYSE:DM) Ratings Coverage

Ratings analysis reveals 18% of Dominion Midstream’s analysts are positive. Out of 11 Wall Street analysts rating Dominion Midstream, 2 give it “Buy”, 0 “Sell” rating, while 9 recommend “Hold”. The lowest target is $15 while the high is $36. The stock’s average target of $24.18 is 86.72% above today’s ($12.95) share price. DM was included in 22 notes of analysts from January 16, 2018. Guggenheim maintained Dominion Energy Midstream Partners, LP (NYSE:DM) on Tuesday, March 20 with “Buy” rating. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) earned “Equal-Weight” rating by Morgan Stanley on Friday, March 23. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) has “Hold” rating given on Monday, March 26 by Mizuho. Stifel Nicolaus maintained it with “Buy” rating and $25.0 target in Sunday, March 18 report. RBC Capital Markets maintained the shares of DM in report on Tuesday, January 16 with “Hold” rating. JP Morgan maintained Dominion Energy Midstream Partners, LP (NYSE:DM) on Tuesday, March 6 with “Neutral” rating. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) has “Equal-Weight” rating given on Tuesday, April 17 by Barclays Capital. Morgan Stanley maintained Dominion Energy Midstream Partners, LP (NYSE:DM) rating on Friday, March 16. Morgan Stanley has “Underweight” rating and $31 target. The firm earned “Hold” rating on Tuesday, January 30 by RBC Capital Markets. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) has “Buy” rating given on Wednesday, March 28 by Stifel Nicolaus.

Another recent and important Dominion Energy Midstream Partners, LP (NYSE:DM) news was published by Seekingalpha.com which published an article titled: “Low Energy MLPs” on June 17, 2018.

Dominion Energy Midstream Partners, LP (NYSE:DM) Institutional Positions Chart

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