Ngl Energy Partners LP (NYSE:NGL).
Commonwealth Of Pennsylvania Public School Empls Retrmt SYS reports that it bought 66,536 shares in the previous quarter increasing its holdings in Ngl Energy Partners LP by 2.9%. Its position stood at $27,098,000 a decrease of $4,817,000 as of the end of the quarter.
Several firms have shifted positions in (NGL). Oppenheimerfunds, Inc. expanded its investment by buying 50,935 shares an increase of 0.3% in the quarter. Oppenheimerfunds, Inc. controls 15,321,530 shares worth $176,964,000. The total value of its holdings decreased 17.2%. As of quarter end Raymond James & Associates had acquired a total of 7,135 shares growing its position 9.4%. The value of the company’s investment in Ngl Energy Partners LP decreased from $1,063,000 to $959,000 a change of $104,000 since the last quarter.
As of the end of the quarter Evergreen Capital Management LLC had bought 168,110 shares growing its holdings by 28.3%. The value of the investment in (NGL) went from $8,303,000 to $8,792,000 increasing 5.9% for the reporting period.
November 7 investment analysts at Royal Bank Of Canada kept the stock rating at “Outperform” projecting a price of $16.00. On October 29 Stifel Nicolaus left the company rating at “Hold” targeting a price of $10.00.
Equity analyst Stifel Nicolaus lowered the price target on August 16 changing the forecast from $13.00 to $10.00 with a rating of “Hold”. Royal Bank Of Canada lowered the price target on August 4 changing the price objective from $20.00 to $14.00 with a “Outperform” recommendation.
The company is now down by 1.22% percent from yesterday’s close. The company’s P/E ratio is N/A and market capitalization is 1.47B. As of the last earnings report the EPS was $-2.10 with 120.51M shares outstanding.
Investors are more bearish on the company recently if you take a look at the change in short interest. The stock had a rise in short interest of 30.57% as of the latest report on October 13, 2017. Short shares grew from 2,152,451 to 2,810,523 over that period. The days to cover increased to 3.0 and the percentage of shorted shares was 0.02% on October 13.