VTTI Energy Partners LP Common (NYSE:VTTI):
VTTI Energy Partners Announces Third Quarter 2016 Distribution and Financial Results Release Date.
In the market the company is trading up from yesterday’s close of $17.75.
Additionally VTTI Energy Partners LP Common announced a dividend for shareholders which was paid on Friday August 12th, 2016. The dividend was $0.328 per share for the quarter which comes to $1.31 on an annualized basis. This dividend represents a yeild of $7.33 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Thursday the 4th of August 2016.
The stock last traded at $17.95 which is just under the 50 day moving average which is $18.53 and just a bit lower than the 200 day moving average of $19.37. The 50 day moving average went down $-0.58 or -3.11% and the 200 day average went down $-1.42 or -7.34%.
The P/E ratio is currently 28.13 and the market cap of the company is 737.22M. As of the latest earnings report the EPS was $0.64 and is estimated to be $0.97 for the current year with 41,071,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.24 and the next full year EPS is projected to be $0.96.
A few analysts have issued ratings on VTTI Energy Partners LP Common . On October 7, 2016 starting coverage on the stock by announcing an initial rating of “Buy” and establishing a price target of $26.50. DA Davidson began coverage of VTTI giving it an initial rating of “Buy” and a price target of $26.50.
On March 17, 2016 Credit Suisse made no change to the price target of $24.00 but downgraded the company from Outperform to Neutral. On March 17 the stock rating was downgraded to “Neutral” from “Outperform” with a current price target of $24.00 in a report issued by Credit Suisse.
On February 10 JP Morgan maintained a stock rating of “Overweight” and lowered the price expectation from $28.00 to $24.00. Equity analyst Credit Suisse added the stock to its research portfolio with an initial rating of “Outperform” and projecting a price target of $31.00.