Economy

Genesis Energy, LP Common Uni (GEL) Trades at New 52-Week Low

Genesis Energy, LP Common Uni (GEL) Trades at New 52-Week Low”

The Company's consumer matching solutions allow families to search for, qualify, vet, connect with and select caregivers. Royal Bank Of Canada reduced their price objective on Genesis Energy, L.P. from $34.00 to $28.00 and set a "sector perform" rating for the company in a research note on Friday. Therefore 64% are positive.

Genesis Energy L.P.is a limited partnership focused on the midstream segment of the oil and gas industry. The company has a consensus rating of "Hold" and an average price target of $39.50. Credit Suisse maintained the shares of GEL in report on Friday, February 19 with "Outperform" rating. The firm has "Overweight" rating given on Thursday, October 5 by PiperJaffray. As per Monday, May 8, the company rating was upgraded by Credit Suisse. Wells Fargo downgraded the shares of GEL in report on Monday, January 18 to "Market Perform" rating.

TRADEMARK VIOLATION WARNING: "Genesis Energy, L.P. (GEL) PT Set at $29.00 by Robert W. Baird" was first published by StockNewsTimes and is the sole property of of StockNewsTimes. Wunderlich initiated Genesis Energy, L.P. (NYSE:GEL) on Friday, September 25 with "Buy" rating. Wedbush has "Hold" rating and $23 target. Robert W. Baird has "Neutral" rating and $35 target. As per Tuesday, July 18, the company rating was downgraded by Barclays Capital. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company.

Since June 13, 2017, it had 1 buying transaction, and 0 insider sales for $1.03 million activity. On Tuesday, June 13 the insider Deere Robert V bought $1.03M.

Investors sentiment decreased to 1.18 in 2017 Q2. Yorkville Capital Management, LLC augmented its stake by buying 776 shares an increase of 7.3%.

Other institutional investors have also recently made changes to their positions in the company. The option since executed brings Taylor ownership to 12865 shares. Glenmede Na holds 0.02% of its portfolio in Genesis Energy, L.P. (NYSE:GEL) for 118,576 shares. Mason Street Advsr Ltd Liability Corp invested 0% in Quanex Building Products Corporation (NYSE:NX). Moneta Group Invest Ltd Liability stated it has 10,000 shares or 0.05% of all its holdings. Moreover, Sg Americas Securities Ltd Co has 0% invested in Quanex Building Products Corporation (NYSE:NX) for 14,841 shares. Rockefeller Services Incorporated holds 0% or 1,400 shares in its portfolio. Eagle Ltd Liability Company holds 0.84% in Genesis Energy, L.P. (NYSE:GEL) or 930,478 shares. Bank of Montreal Can grew its stake in shares of Genesis Energy, L.P.by 13.0% in the 2nd quarter. Minnesota-based Marquette Asset Mgmt has invested 0.31% in Genesis Energy, L.P. (NYSE:GEL). Fifth Third Bancshares reported 0% stake. Rr Advisors Llc owns 2.32 million shares or 9.74% of their USA portfolio. Susquehanna Int Gp Llp, Pennsylvania-based fund reported 77,672 shares.

The value of the total investment in Genesis Energy, L.P. Common Uni increased from $1,379,000 to $2,726,000 a change of 97.7% since the last quarter. This is assuming the current $0.16 EPS is accurate. NRCIB's profit would be $813,926 giving it 58.12 P/E if the $0.23 EPS is correct. Genesis Energy, L.P. The firm had revenue of $406.72 million during the quarter, compared to analysts' expectations of $503.22 million.

Texas Capital Bancshares Inc Tx holds 21.56% of its portfolio in Genesis Energy, L.P. for 300,000 shares. The company has market cap of $2.99 billion. The Company operates through four segments: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. It has a 26.27 P/E ratio. The Offshore Pipeline Transportation segment is engaged in the offshore transportation of crude oil and natural gas in the Gulf of Mexico. October 13 investment analysts at Baird maintained a stock rating of "Outperform" and lowered the price target from $37.00 to $29.00. The shares were acquired at an average price of $26.74 per share, with a total value of $727,221.04. It has underperformed by 30.87% the S&P500. Rfg Advisory Gru Llc accumulated 0.12% or 14,330 shares. Lafitte Capital Management Lp owns 600,341 shares or 5.53% of their United States portfolio. Novare Capital Management LLC now owns 35,510 shares of the pipeline company's stock valued at $1,348,000 after buying an additional 8,500 shares in the last quarter. 1,635,291 shares of the company's stock were exchanged.

The stock decreased 2.87% or $0.72 on October 13, reaching $24.39. 07, 2017. These shares are worth $212,659 and were traded at $27.25 each. It has outperformed by 92.93% the S&P500. They expect $0.02 earnings per share, up 150.00% or $0.06 from last year's $-0.04 per share. CRCM's profit will be $595,381 for 205.13 P/E if the $0.02 EPS becomes a reality. After $0.06 actual earnings per share reported by Care.com Inc for the previous quarter, Wall Street now forecasts -66.67% negative EPS growth.

Since January 1, 0001, it had 0 insider buys, and 10 sales for $1.33 million activity.

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