Economy

Is Seaport Global Positive On Shares of Plains GP Holdings (NYSE:PAGP)?

It is down 54.98% since October 10, 2016 and is uptrending. It has underperformed by 5.59% the S&P500.

Wall Street await Plains GP Holdings LP (NYSE:PAGP) to release earnings on November, 1. Terril Brothers Inc acquired 262,648 shares as Plains Gp Hldgs Lp (PAGP)'s stock declined 11.59%. The pipeline company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.04). The stock declined 0.46% or $0.1 reaching $21.72 on the news.

About 276,420 shares traded.

Plains Group Holdings, L.P. has a 12-month low of $14.44 and a 12-month high of $36.09. It has underperformed by 13.38% the S&P500.

Analysts at Seaport Global has initiated coverage on Plains All American (NYSE:PAA) with a key Neutral rating. Therefore 46% are positive. Plains GP Holdings LP had 67 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Friday, May 27 by JP Morgan.

Among 27 analysts covering Plains GP Holdings LP (NYSE:PAGP), 12 have Buy rating, 0 Sell and 15 Hold. Stifel Nicolaus cut their price target on shares of Plains All American Pipeline, L.P. from $32.00 to $30.00 and set a "hold" rating for the company in a research note on Wednesday, May 10th. UBS AG upgraded Plains Group Holdings, L.P. from an "outperform" rating to a "strong-buy" rating in a research note on Monday, August 28th. Barclays Capital upgraded Plains GP Holdings LP (NYSE:PAGP) on Tuesday, July 18 to "Overweight" rating. The stock of Plains GP Holdings LP (NYSE:PAGP) has "Outperform" rating given on Monday, August 28 by BMO Capital Markets.

In other Plains Group Holdings, L.P. news, Chairman Greg L. Armstrong acquired 50,000 shares of the company's stock in a transaction that occurred on Wednesday, August 9th. The company was downgraded on Wednesday, August 9 by Morgan Stanley. Plains Group Holdings, L.P. earned a media sentiment score of 0.12 on Accern's scale. Its down 0.12, from 1.17 in 2017Q1.

Investors have placed Plains Gp Holdings LP (PAGP) shares on watch as the Aroon Down indicator has moved above 70, indicating that there is downward momentum building for the shares. 36 funds opened positions while 120 raised stakes. Terril Brothers Incorporated invested in 9.2% or 987,988 shares. Plains GP Holdings LP (NYSE:PAGP) has risen 3.32% since October 11, 2016 and is uptrending.

Investors sentiment decreased to 1.16 in 2017 Q2. Its up 0.19, from 1.25 in 2017Q1. At present, 0 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. 40 funds opened positions while 98 raised stakes. Envestnet Asset Management Inc. now owns 9,648 shares of the pipeline company's stock worth $302,000 after purchasing an additional 210 shares during the last quarter. 132,849 are held by Nuveen Asset Mgmt Ltd Co. Federated Pa stated it has 0% of its portfolio in BIO-TECHNE Corp (NASDAQ:TECH). The Florida-based Intrepid Capital Management Inc has invested 2.29% in the stock. Amer Century has 0.03% invested in Criteo SA (ADR) (NASDAQ:CRTO). Royal Bankshares Of Canada invested in 26,467 shares. Geode Capital Mgmt Limited Liability owns 38,976 shares. Teacher Retirement System of Texas now owns 12,922 shares of the pipeline company's stock worth $338,000 after purchasing an additional 45 shares during the last quarter. Thomaspartners holds 0.14% or 598,097 shares in its portfolio. During the same quarter in the prior year, the company posted $0.29 earnings per share.

Bush Odonnell Inv Advsr invested in 0.4% or 24,533 shares. Duncker Streett And accumulated 55 shares. Acadian Asset Mgmt Ltd Liability Corp invested in 112 shares or 0% of the stock.

Since January 1, 0001, it had 0 insider buys, and 11 sales for $17.96 million activity.

About 343,951 shares traded.

Ratings analysis reveals 50% of Tetra Tech's analysts are positive.

08/08/2017 - Plains Group Holdings, L.P. was downgraded to "neutral" by analysts at Robert W. Baird. Deutsche Bank upgraded the stock to "Buy" rating in Monday, October 10 report. The rating was initiated by FBR Capital on Friday, September 9 with "Mkt Perform". The rating was upgraded by Zacks to "Sell" on Tuesday, September 1. The stock of BIO-TECHNE Corp (NASDAQ:TECH) has "Equal-Weight" rating given on Thursday, October 29 by Stephens. As per Thursday, November 5, the company rating was maintained by Oppenheimer. Bank of America maintained the shares of PAGP in report on Monday, August 28 with "Neutral" rating.

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