Targa Resources (NYSE:TRGP).
Rr Advisors, LLC reports that it bought 26,000 shares in the previous quarter increasing its exposure to Targa Resources by 1.9%. Its investment was worth $65,725,000 an increase of 6.6% as of the end of the quarter.
Several firms have updated their holdings. As of the end of the quarter Baird Financial Group, Inc. had bought a total of 863 shares growing its stake by 3.0%. The value of the investment in TRGP increased from $1,304,000 to $1,406,000 a change of $102,000 quarter over quarter. Raymond James & Associates grew its holdings by buying 558,485 shares an increase of 146.7% from 06/30/2017 to 09/30/2017. Raymond James & Associates now holds 939,061 shares worth $44,418,000. The value of the position overall is up by 158.2%.
As of quarter end Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had acquired 169,821 shares growing its holdings by 15.0%. The value in dollars went from $51,112,000 to $61,519,000 increasing 20.4% for the reporting period.
On October 19 Barclays PLC made no change to the stock rating of “Hold” projecting a price of $50.00.
November 3 investment analysts at Robert W. Baird held the stock rating at “Buy” targeting a price of $53.00.
The company is now up by 2.14% percent from yesterday’s close. The company currently has a P/E ratio of N/A and market cap is 9.15B. As of the latest earnings report the EPS was $-2.54 with 215.63M shares outstanding.
Short traders are feeling a little more bearish on Targa Resources if you take a look at the rise in short interest. The stock experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 11.56%. Short interest grew 709,813 over that period. Days to cover increased 2.0 to 6.0 and the short interest percentage is 0.03% as of October 13.