Economy

Buckeye Partners, LP (BPL) Closed its Previous Trade at $56.33

Buckeye Partners, LP (BPL) Closed its Previous Trade at $56.33”

The market capitalization of the company is at $8.08 Billion. Following the purchase, the director now directly owns 9,000 shares of the company's stock, valued at approximately $523,710. Boussard & Gavaudan Investment Management Llp who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $456.45B market cap company. Also, Director Larry C. Payne acquired 1,000 shares of the stock in a transaction dated Wednesday, December 7th.

Now the shares of Buckeye Partners, L.P. (BPL) has the trading volume of 4.66 Million shares with the average trading volume of 1150 shares. It has outperformed by 8.72% the S&P500. Bluefin Trading Llc sold 172,755 shares as Seaworld Entmt Inc (SEAS)'s stock declined 5.93%.

According to Buckeye Partners, L.P. (BPL) most recent 13F filing, the company has 37 new institutional holders - accounting for 1.4 million shares of its common stock. The analysts estimated EPS for the higher end at 1.17 and lower end at 0.69 while the year ago reported earnings per share was 1.03. About 286,845 shares traded.

Buckeye Partners, L.P. (BPL) stock's current distance from 20-Day Simple Moving Average is 0.59% and moving -5.40% away from 50-Day Simple Moving Average while traded down -13.07% from 200-Day Simple Moving Average. It has underperformed by 22.69% the S&P500. Lucas Management owns 14,432 shares. Suntrust Banks Inc. increased its stake in shares of Buckeye Partners L.P.by 1.3% in the 1st quarter.

Buckeye Partners, L.P. (NYSE:BPL) gained 1.15% with the closing price of $56.33. Infrastructure Capital Advisors LLC acquired a new position in Buckeye Partners, L.P. during the fourth quarter valued at $15,345,000. The 1 year EPS growth rate is -24.70%.

Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.21, from 1.18 in 2016Q3. Of those transactions, there were 119,678 shares of BPL bought and 103,389 shares sold. 30 funds opened positions while 101 raised stakes. Buckeye Partners, L.P. (NYSE:BPL) has declined 5.99% since September 19, 2016 and is downtrending. Us Bank & Trust De holds 0.01% or 36,658 shares. RBC Capital Markets reissued a "hold" rating and set a $71.00 price objective on shares of Buckeye Partners, L.P.in a report on Friday, January 6th. Naples Global Ltd Limited Liability Company invested in 6,450 shares. Corporate insiders own 0.42% of the company's stock. Loring Wolcott & Coolidge Fiduciary Ltd Liability Partnership Ma reported 1,741 shares stake. Zacks Investment Research cut Buckeye Partners L.P. from a "hold" rating to a "sell" rating in a report on Tuesday, July 11th. Focused Wealth Inc accumulated 0.01% or 425 shares. Finally, Cypress Wealth Advisors LLC raised its position in Buckeye Partners, L.P.by 0.4% in the fourth quarter. 500 were reported by Ls Invest Advsrs Ltd Co. The business had revenue of $810.20 million during the quarter, compared to the consensus estimate of $797.47 million. Moreover, Hsbc Public Lc has 0.03% invested in Buckeye Partners, L.P. (NYSE:BPL) for 202,849 shares. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. Therefore 27% are positive. As per Friday, September 30, the company rating was initiated by Mizuho. The rating was maintained by Barclays Capital on Monday, August 7 with "Equal-Weight". The company was downgraded on Monday, February 13 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of BPL in report on Thursday, September 7 with "Buy" rating. Buckeye Partners L.P. presently has an average rating of "Hold" and a consensus target price of $72.36. Stifel Nicolaus has "Buy" rating and $7400 target. The stock has "Neutral" rating by Goldman Sachs on Thursday, August 25. As per Thursday, May 12, the company rating was maintained by Barclays Capital.

Among 34 analysts covering Alibaba (NYSE:BABA), 32 have Buy rating, 1 Sell and 1 Hold. Therefore 38% are positive. SeaWorld Entertainment Inc had 44 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by TH Capital on Friday, August 14 with "Hold". The firm earned "Neutral" rating on Thursday, August 25 by Goldman Sachs. Stifel Nicolaus maintained Alibaba Group Holding Ltd (NYSE:BABA) rating on Tuesday, August 15. Stifel Nicolaus has "Buy" rating and $180 target. The stock has "Neutral" rating by DA Davidson on Monday, November 16.

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