Economy

Western Gas Equity Partners LP (NYSE:WGP) Institutional Investors Sentiment Change

The stock has a market capitalization of $9.02 billion, a P/E ratio of 25.33 and a beta of 1.57. It offers Process Control Business, Lithography Business and Integrated Software Solutions. Bandera Partners LLC owned approximately 4.40% of Star Gas Partners, L.P. worth $26,641,000 at the end of the most recent reporting period. The ratio increased, as 46 institutional investors opened new and increased positions, while 41 sold and decreased their positions in Western Gas Equity Partners LP. Western Gas Partners, had a return on equity of 15.80% and a net margin of 28.81%. The stock increased 0.75% or $0.38 on September 29, reaching $51.28.

Chilton Capital Management LLC boosted its position in shares of Western Gas Partners, LP (NYSE:WES) by 5.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. It has underperformed by 6.38% the S&P500. Goldman Sachs Group Inc. now owns 1,546,062 shares of the pipeline company's stock worth $71,274,000 after acquiring an additional 253,205 shares during the period. Signature Fincl Management Incorporated invested in 3,725 shares or 0.07% of the stock. The California-based Malaga Cove Capital Llc has invested 1.81% in the stock. As of the end of the quarter Yorkville Capital Management, LLC had disposed of a total of 2,085 shares trimming its stake by 9.7%. On average, analysts anticipate that Star Gas Partners, L.P. will post $0.55 EPS for the current fiscal year. Blackrock reported 423,654 shares.

The stock increased 0.78% or $0.2 during the last trading session, reaching $25.85. It has outperformed by 63.27% the S&P500. Stockholders of record on Monday, May 1st will be issued a dividend of $0.4913 per share.

Ratings analysis reveals 0 of Rudolph Tech's analysts are positive. Finally, Scotiabank set a $51.00 target price on shares of Western Gas Equity Partners, and gave the company a "buy" rating in a research note on Tuesday, July 11th. The rating was downgraded by Citigroup to "Neutral" on Thursday, November 5. Stifel Nicolaus has "Hold" rating and $19.0 target.

Investors wait Western Gas Equity Partners LP (NYSE:WGP) to report on November, 7. its quarterly earnings Wall Street analysts expect $0.37 EPS, down $0.05 or 11.90 % from last year's $0.42 same quarter earnings. During the same quarter previous year, the firm earned ($0.14) earnings per share. WGP's profit will be $81.02M for 27.86 P/E if the $0.37 EPS becomes a reality. Salient Lta has 0.62% invested in Western Gas Equity Partners LP (NYSE:WGP).

Among 17 analysts covering Western Gas Equity Partners (NYSE:WGP), 5 have Buy rating, 0 Sell and 12 Hold. Therefore 56% are positive. Wetherby Asset has invested 0.04% in Western Gas Equity Partners LP (NYSE:WGP). Also, the number of funds holding Western Gas Equity Partners LP in their top 10 holdings increased from 2 to 4 for an increase of 2. The firm earned "Outperform" rating on Tuesday, October 11 by RBC Capital Markets. Amer Natl Ins Tx has invested 0.03% in Western Gas Partners, LP (NYSE:WES). Moreover, Mitchell Mcleod Pugh & Williams has 0.61% invested in Western Gas Partners, LP (NYSE:WES). On Wednesday, August 12 the stock rating was maintained by B. Riley & Co with "Neutral". The company was initiated on Friday, April 21 by Macquarie Research. The pipeline company reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.02. The firm has "Buy" rating by RBC Capital Markets given on Sunday, August 20. Zacks downgraded Western Gas Equity Partners LP (NYSE:WGP) on Thursday, August 6 to "Buy" rating. Finally, Chicago Partners Investment Group LLC increased its position in Western Gas Equity Partners by 1.0% in the third quarter. Its up 0.27, from 1.18 in 2017Q1. 9 funds opened positions while 37 raised stakes. The firm has "Neutral" rating by Credit Suisse given on Thursday, March 17. Parametric Portfolio Associates Limited Com stated it has 0.02% of its portfolio in Western Gas Partners, LP (NYSE:WES). 746,468 are held by Tph Asset Mgmt Ltd Llc. Star Gas Partners, L.P. Signaturefd Ltd Liability Corporation, Georgia-based fund reported 14,250 shares. RBC Capital Markets maintained Western Gas Partners, LP (NYSE:WES) rating on Monday, September 25. Bokf Na reported 0.01% of its portfolio in Western Gas Equity Partners LP (NYSE:WGP). Mai Cap Mngmt stated it has 0.25% in Western Gas Equity Partners LP (NYSE:WGP). Tortoise Cap Advisors Limited Liability Corp has invested 0.33% in Western Gas Equity Partners LP (NYSE:WGP). Commonwealth Equity Ser holds 0% or 4,866 shares in its portfolio. 15,030 are held by Friedberg Mngmt.



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