Were Analysts Bullish NGL Energy Partners LP (NYSE:NGL) This Week?

May 24, 2018 - By reb123z

Investors sentiment decreased to 0.76 in Q4 2017. Its down 0.24, from 1 in 2017Q3. It dropped, as 12 investors sold NGL Energy Partners LP shares while 39 reduced holdings. 21 funds opened positions while 18 raised stakes. 74.82 million shares or 0.54% more from 74.43 million shares in 2017Q3 were reported.
Deutsche Bancshares Ag holds 0% or 60,665 shares in its portfolio. Bridgecreek Inv Management Limited Liability Com owns 56,000 shares. Spirit Of America Mgmt Corp New York has 0.27% invested in NGL Energy Partners LP (NYSE:NGL) for 171,968 shares. Royal Fincl Bank Of Canada holds 151,846 shares. Moreover, Creative Planning has 0% invested in NGL Energy Partners LP (NYSE:NGL). Atlantic Tru Gp Limited Liability invested 0.11% in NGL Energy Partners LP (NYSE:NGL). Mariner Wealth Limited Liability reported 0.01% of its portfolio in NGL Energy Partners LP (NYSE:NGL). Two Sigma Ltd Liability Corporation stated it has 21,243 shares. Illinois-based Driehaus Ltd Liability Co has invested 0.04% in NGL Energy Partners LP (NYSE:NGL). Oppenheimer & Co has 0% invested in NGL Energy Partners LP (NYSE:NGL). Invesco reported 38,462 shares stake. State Street reported 0% of its portfolio in NGL Energy Partners LP (NYSE:NGL). Northwestern Mutual Wealth Mngmt Company accumulated 2,869 shares. 76,729 are owned by Price Cap Inc. Citigroup invested 0% of its portfolio in NGL Energy Partners LP (NYSE:NGL).

Since March 16, 2018, it had 1 buying transaction, and 0 insider sales for $336,747 activity.

NGL Energy Partners LP (NYSE:NGL) Ratings Coverage

Among 4 analysts covering NGL Energy Partners (NYSE:NGL), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. NGL Energy Partners had 5 analyst reports since January 5, 2018 according to SRatingsIntel. On Monday, February 12 the stock rating was maintained by RBC Capital Markets with “Buy”. As per Friday, March 2, the company rating was maintained by UBS. The stock of NGL Energy Partners LP (NYSE:NGL) earned “Buy” rating by RBC Capital Markets on Tuesday, January 16. Stifel Nicolaus maintained NGL Energy Partners LP (NYSE:NGL) rating on Thursday, March 15. Stifel Nicolaus has “Hold” rating and $11 target. Below is a list of NGL Energy Partners LP (NYSE:NGL) latest ratings and price target changes.

15/03/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $12 New Target: $11 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $17.5 New Target: $17 Maintain
12/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $17.0 Maintain
16/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $20.0 Maintain
05/01/2018 Broker: Credit Suisse Rating: Outperform New Target: $16 Initiates Coverage On

The stock decreased 1.41% or $0.15 during the last trading session, reaching $10.5. About 92,685 shares traded. NGL Energy Partners LP (NYSE:NGL) has declined 50.71% since May 24, 2017 and is downtrending. It has underperformed by 62.26% the S&P500.

NGL Energy Partners LP, through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the United States. The company has market cap of $1.27 billion. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. It currently has negative earnings. The Water Solutions segment is involved in the treatment and disposal of wastewater generated from natural gas and crude oil production operations; disposal of solids, such as tank bottoms, drilling fluids, and performs truck and frac tank washouts; and sale of recovered hydrocarbons.

Another recent and important NGL Energy Partners LP (NYSE:NGL) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Masco, Murphy Oil, NGL Energy Partners LP, PBF Energy, PDL …” on May 08, 2018.

NGL Energy Partners LP (NYSE:NGL) Institutional Positions Chart

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