Economy

Plains GP Holdings, LP (PAGP)

Plains GP Holdings, LP (PAGP)

The company has mean EPS estimate of 0.59 reported by 11 number of analyst for the quarter ending Current Qtr.(Sep2017). The other 13, though not evenly; between analysts who think you should buy Plains GP Holdings, L.P. versus those who think you should sell it.

Many analysts have provided their estimated foresights on Plains GP Holdings, L.P. Earnings, with 12 analysts believing the company would generate an Average Estimate of $0.32. Bank of America Corporation set a $22.00 price objective on shares of Plains Group Holdings, L.P. and gave the stock a "hold" rating in a report on Monday, August 28th.

Whereas they predicted High and Low Earnings Estimate as $0.77 and $0.09 respectively. The firm's market cap is $3.43 billion. Year to Date (YTD) performance of Plains GP Holdings, L.P. (PAGP) is -34.52 percent while its Performance (Week) is -1.35 percent and Performance (month) is at 14.87 percent.

The Average Earnings Estimate for the Current Fiscal quarter is $0.33 per share, according to consensus of 11 analysts.

Beta is also an important valuation ratio for analyzing the stock of the company, PAGP has its industry and Sector's beta remains at 0.85 and 0.78 respectively. The business had revenue of $5.95 billion for the quarter, compared to analysts' expectations of $6.13 billion. The dividend payment was $0.550 per share for the quarter or $2.20 annualized. The firm's quarterly revenue was up 19.1% on a year-over-year basis. BidaskClub upgraded Plains Group Holdings, L.P. from a "strong sell" rating to a "sell" rating in a report on Tuesday, June 27th. Plains Group Holdings, L.P. Jefferies Group LLC downgraded Plains GP Holdings from a "buy" rating to a "hold" rating and increased their price objective for the company from $12.00 to $27.00 in a report on Friday, April 21st. Of the 22 analysts surveyed by Reuters that track PAGP 9 of them rate its stock a hold. Finally, Mizuho assumed coverage on Plains GP Holdings in a report on Monday, January 30th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The rating was maintained by Citigroup on Tuesday, August 15 with "Buy".

Twenty-First Century Fox, Inc. (NASDAQ:FOXA)
It fall, as 37 investors sold NuVasive, Inc. shares while 82 reduced holdings. 81 funds opened positions while 133 raised stakes. Piper Jaffray Companies assumed coverage on shares of Twenty-First Century Fox in a research note on Friday, August 11th.

In related news, Chairman Greg L. Armstrong bought 50,000 shares of the firm's stock in a transaction dated Wednesday, August 9th. Institutional owners keep 83.60% hold Insiders owns 1.50% shares of the company. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Several large investors have recently modified their holdings of the company. The company's a year ago sales total was 5.17 Million. DIAM Co. Ltd. now owns 39,778 shares of the pipeline company's stock valued at $513,000 after buying an additional 15,262 shares in the last quarter. KCG Holdings Inc. lifted its stake in shares of Plains Group Holdings, L.P.by 146.3% during the first quarter. Terril Brothers, Inc. grew its ownership by buying 262,648 shares an increase of 36.2% in the quarter. Locust Wood Capital Advisers LLC increased its stake in shares of Plains GP Holdings by 7.0% in the third quarter.

Terril Brothers Inc. holds 8.71% of its portfolio in Plains GP Holdings LP for 720,095 shares. Homrich & Berg now owns 88,047 shares of the pipeline company's stock valued at $1,139,000 after buying an additional 1,453 shares in the last quarter. (PAGP) ended its last session at $22.81 by Surging 0.44%. Tortoise Capital Advisors L.L.C. now owns 6,983,497 shares of the pipeline company's stock worth $182,688,000 after acquiring an additional 803,338 shares during the period. During the last 52 weeks, the (NYSE:PAGP) price has been as high as $36.09 and as low as $14.44.

On August 28 the company was upgraded from "Market Perform" to "Outperform" by BMO Capital.

Company shares are trading at $22.40 slightly over $22.34, the 50 day moving average and which is quite a bit lower than the 200 day moving average of $26.87. Also, Director Everardo Goyanes purchased 20,000 shares of the company's stock in a transaction on Wednesday, August 9th. The dividend yield was $9.69. The stock of Plains GP Holdings LP (NYSE:PAGP) earned "Hold" rating by Stifel Nicolaus on Thursday, November 17.

Plains GP Holdings, L.P. owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids, natural gas and refined products. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics. Through its three business segments, the Company is engaged in the transportation, storage, terminaling and marketing of crude oil, NGL and natural gas.


  • New poll shows Democrats lead all three statewide races

    New poll shows Democrats lead all three statewide races

    Northam, who is now the lieutenant governor, led in a survey of likely voters 47-41 percentage points over his Republican rival. Each man has the clear support of his party's base and they evenly split independents, 38 percent to 38 percent.

    Skyworks Solutions, Inc. (SWKS) Shares Sold by Winslow Capital Management LLC

    Swiss Bancorp holds 675,600 shares. 1 is equivalent to a Strong Buy rating , 3 a hold rating , and 5 a Strong Sell rating . The Current Ratio is used by investors to determine whether a company can pay short term and long term debts.
    Some NE Patriots Protest Trump's Comments By Taking A Knee

    Some NE Patriots Protest Trump's Comments By Taking A Knee

    Brady stood arm-in-arm with a teammate during the national anthem on Sunday, with his hand over his heart and his head bowed. Those Brady said those were the values his parents had instilled in him and that is the way he tries to live each day.
  • Apple shares new '8 things to love about iPhone 8' commercial

    Apple shares new '8 things to love about iPhone 8' commercial

    The first thing that has been scrutinized by analysts with regard to this point of view is the launch dates for the device. The iPhone X will have dual 12 MP and 7 MP cameras which will allow for clearer images and better capturing of light.
    Marvel Comics confirms major return for one superhero in Legacy this week

    Marvel Comics confirms major return for one superhero in Legacy this week

    The company's most popular mutant is not only back among the living, he's bringing a pretty powerful Marvel relic with him in the form of an Infinity Stone.

    Navios Maritime Holdings (NM) Given News Impact Score of 0.09

    Currently, the stock carries a price to earnings ratio of 8.72, a price to book ratio of 0.58, and a price to sales ratio of 1.82. The Altman Z-score depends on five financial ratios that can be calculated from data found on a company's annual 10K report.
  • Gunmen Attack Olubadan Palace

    Gunmen Attack Olubadan Palace

    It was at a time when Olubadan was about to commence the installation of four new Baales (village heads) in his palace. Eyewitnesses said Alli's vehicle was less than 15 metres to the gate of the palace of the Olubadan before the attack.
    Iran could walk away from JCPOA if United States  scraps it: Zarif

    Iran could walk away from JCPOA if United States scraps it: Zarif

    Trump administration officials have called on nuclear inspectors to examine Iranian military sites, a demand Iran has rejected . And they object in particular to parts of the deal governing uranium enrichment that eventually expire under a "sunset clause".
    Zimbabwe pastor Mawarire pleads not guilty to subversion

    Zimbabwe pastor Mawarire pleads not guilty to subversion

    In granting him bail on 2016 charges, Justice Patricia Chigumba said Pastor Mawarire would face trial while living at his home. Mawarire pleaded not guilty to the charge, which stems from nationwide protests he helped to organise previous year .
  • John McCain reveals increasingly worrisome health prognosis

    John McCain reveals increasingly worrisome health prognosis

    Trump, he said, "has no experience of public office, is often poorly informed and can be impulsive in his speech and conduct". His no vote on the Senate's last repeal effort helped to kill that bill, and his decision now puts Graham-Cassidy in danger.
    First Solar, Inc. (NASDAQ:FSLR) Moving Today - Down by 8.81%

    First Solar, Inc. (NASDAQ:FSLR) Moving Today - Down by 8.81%

    Whereas, in last 21 trading days (one month) was surged 4.66% and surged in last 63 trading days (quarter) of 26.91%. Also, insider Raffi Garabedian sold 5,800 shares of the stock in a transaction that occurred on Tuesday, August 1st.
    Was Kim Kardashian In Love With Kanye West While Dating Kris Humphries?

    Was Kim Kardashian In Love With Kanye West While Dating Kris Humphries?

    So of course everyone now thinks Jenner is actually the mysterious surrogate carrying Kim K and Kanye West's child. He jokes that he put on this whole fashion show just to get a date with me.