TCP Pipelines (NYSE:TCP).
Evergreen Capital Management LLC raised its investment in TCP Pipelines shares by 9.6% in the last quarter. Its stake stood at $15,915,000 an increase of 4.2% as of the end of the quarter.
Here are some institutional investors who have increased or decreased their stake in (TCP). Oppenheimerfunds, Inc. trimmed its stake by shedding 349,851 shares a decrease of 3.6% in the quarter. Oppenheimerfunds, Inc. owns 9,410,757 shares with a value of $492,371,000. The value of the position overall is down by 8.3%. Raymond James & Associates expanded its position by buying 1,968 shares an increase of 11.0% as of 09/30/2017. Raymond James & Associates controls 19,808 shares valued at $1,036,000. The total value of its holdings increased 5.6%.
As of quarter end Fiduciary Financial Services Of The Southwest Inc /tx had sold 758 shares trimming its stake by 2.0%. The value of the total investment in TCP Pipelines decreased from $2,044,000 to $1,905,000 a change of 6.8% quarter over quarter.
On November 9 Royal Bank Of Canada held the company rating at “Outperform” with a current price target of $68.00. October 30 investment analysts at Royal Bank Of Canada made no change to the company rating of “Buy” targeting a price of $72.00.
On September 27 Royal Bank Of Canada made no change to the stock rating of “Buy” projecting a price of $72.00. August 21 investment analysts at Royal Bank Of Canada held the stock rating at “Buy” targeting a price of $72.00.
August 9 investment analysts at Barclays PLC maintained a stock rating of “Underweight” projecting a price of $58.00. August 3 investment analysts at Barclays PLC maintained a company rating of “Underweight” with a current price target of $58.00.
The company is up by 0.33% percent from yesterday’s close. The P/E ratio is 17.25 and market capitalization is 3.63B. In the last earnings report the EPS was $3.02 with 69.88M shares currently outstanding.
Traders are a little more bearish lately if you take a look at the increase in short interest. The company realized a rise in short interest of 18.55% as of October 13, 2017 from the last reporting period. Short interest increased 95,250 over that period. With short interest at 608,857 and short average daily volume at 116,847, the short-interest ratio is 5.0 and the short interest percentage is 0.01% as of October 13.