Rice Midstream Partners LP (NYSE:RMP).
Commonwealth Of Pennsylvania Public School Empls Retrmt SYS reports that it raised its ownership in Rice Midstream Partners LP by 328,760 shares in the quarter ending 09/30/2017. Its position was valued at $50,800,000 an increase of 21.5% as of quarter end.
Here are a few institutional investors who have updated their positions. Wellington Management Group Llp added to its stake by buying 29,623 shares an increase of 50.5% in the quarter. Wellington Management Group Llp claims 88,232 shares with a value of $1,848,000. The total value of its holdings increased 58.1%. As of the end of the quarter Citigroup Inc had bought a total of 99,477 shares growing its position 6,726.0%. The value in dollars went from $29,000 to $2,114,000 a change of $2,085,000 quarter to quarter.
Oppenheimerfunds, Inc. downsized its holdings by selling 1,003,753 shares a decrease of 9.8%. Oppenheimerfunds, Inc. owns 9,208,687 shares valued at $192,830,000. The value of the position overall is down by 5.3%.
On October 25, 2017 Canaccord Genuity reiterated a “Buy” rating on the stock. October 10 investment analysts at Scotiabank kept a “Hold” rating on the company.
On October 10, 2017 BMO Capital Markets updated its forecast on RMP stating a rating of “Buy” and price target of $20.00.
On September 4, 2017 AltaCorp Capital reiterated a “Hold” rating on the company. September 4 investment analysts at Canaccord Genuity maintained a “Buy” rating on the company.
The company is trading unchanged by 0.00% percent from yesterday’s close. The company’s P/E ratio is N/A and the market value is 118.94M. In the last earnings report the EPS was $-0.50 with 156.52M shares outstanding.
Traders are a little more bullish on shares of the company of late considering the change in short interest. The company experienced a fall in short interest of -4.78% as of the latest report on October 13, 2017. Short shares decreased from 3,522,946 to 3,354,725 over that timeframe. With short interest at 3,354,725 and short average daily volume at 314,700, the short-interest ratio is 11.0 and the percentage of shorted shares is 0.02% as of October 13.Advertisement