Semgroup Corp (NYSE:SEMG).
Commonwealth Of Pennsylvania Public School Empls Retrmt SYS reports that it raised its investment in Semgroup Corp shares by 12.1% in the quarter ending 09/30/2017. Its position was valued at $35,295,000 an increase of 19.3% as of quarter end.
Several firms have updated their holdings. Ubs Asset Management Americas Inc bolstered its stake by buying 423 shares an increase of 1,458.6% as of 09/30/2017. Ubs Asset Management Americas Inc controls 452 shares with a value of $12,995,000. The total value of its holdings increased 1,559.6%. As of the end of the quarter Dimensional Fund Advisors Lp had acquired a total of 667,217 shares growing its stake by 16.8%. The value of the investment in (SEMG) went from $107,407,000 to $133,552,000 a change of $26,145,000 for the reporting period.
As of quarter end Raymond James & Associates had bought 172,142 shares growing its holdings by 228.8%. The value of the investment in Semgroup Corp increased from $2,032,000 to $7,112,000 increasing 250.0% since the last quarter.
On November 7 Royal Bank Of Canada left the stock rating at “Buy” projecting a price of $33.00. October 19 investment analysts at Barclays PLC maintained a stock rating of “Hold” with a current price target of $32.00.
On October 3 Royal Bank Of Canada kept the company rating at “Buy” targeting a price of $33.00. On August 29 Royal Bank Of Canada kept the stock rating at “Buy” targeting a price of $33.00.
The company is trading down by 2.29% since yesterday’s close of 22.9. Semgroup Corp’s P/E ratio is N/A and market cap is 1.76B. In the latest earnings report the EPS was $-0.01 with 78.66M shares outstanding.
Traders are more bearish on shares of the company recently as indicated by the change in short interest. The company had a rise in short interest of 1.94% as of October 13, 2017 from the last reporting period. Short shares increased from 8,145,949 to 8,303,841 over that period. With short interest at 8,303,841 and short average daily volume at 464,052, days to cover is 18.0 and the percentage of shorted shares was 0.11% on October 13.