NBW Capital LLC lessened its stake in shares of SemGroup Energy Partners, L.P. (NYSE:SEMG) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 246,552 shares of the pipeline company’s stock after selling 4,054 shares during the quarter. SemGroup Energy Partners comprises approximately 2.0% of NBW Capital LLC’s holdings, making the stock its 26th largest position. NBW Capital LLC owned about 0.31% of SemGroup Energy Partners worth $7,446,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Guggenheim Capital LLC boosted its stake in shares of SemGroup Energy Partners by 10.3% during the 4th quarter. Guggenheim Capital LLC now owns 170,904 shares of the pipeline company’s stock worth $5,160,000 after acquiring an additional 15,924 shares in the last quarter. Kayne Anderson Capital Advisors LP boosted its stake in SemGroup Energy Partners by 49.4% during the 4th quarter. Kayne Anderson Capital Advisors LP now owns 1,919,057 shares of the pipeline company’s stock valued at $57,942,000 after purchasing an additional 634,596 shares during the period. Jefferies Group LLC bought a new stake in SemGroup Energy Partners during the 4th quarter valued at approximately $719,000. Keeley Teton Advisors LLC boosted its stake in SemGroup Energy Partners by 17.3% during the 4th quarter. Keeley Teton Advisors LLC now owns 95,053 shares of the pipeline company’s stock valued at $2,871,000 after purchasing an additional 13,991 shares during the period. Finally, AMP Capital Investors Ltd boosted its stake in SemGroup Energy Partners by 84.8% during the 4th quarter. AMP Capital Investors Ltd now owns 40,982 shares of the pipeline company’s stock valued at $1,237,000 after purchasing an additional 18,801 shares during the period.
In related news, Director William J. Mcadam bought 10,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was acquired at an average cost of $22.73 per share, with a total value of $227,300.00. Following the acquisition, the director now owns 4,077 shares in the company, valued at approximately $92,670.21. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.77% of the company’s stock.
Shares of SemGroup Energy Partners stock traded down $0.80 during mid-day trading on Monday, hitting $21.60. The company’s stock had a trading volume of 877,928 shares, compared to its average volume of 1,132,105. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.18 and a quick ratio of 1.05. SemGroup Energy Partners, L.P. has a 52 week low of $20.95 and a 52 week high of $36.65. The company has a market cap of $1,762.28, a P/E ratio of 20.18, a P/E/G ratio of 13.31 and a beta of 1.98.
SemGroup Energy Partners (NYSE:SEMG) last announced its quarterly earnings data on Monday, February 26th. The pipeline company reported $0.03 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.03. SemGroup Energy Partners had a positive return on equity of 5.14% and a negative net margin of 0.82%. The company had revenue of $606.80 million during the quarter, compared to the consensus estimate of $560.34 million. During the same quarter last year, the company earned $0.18 EPS. The company’s quarterly revenue was up 50.9% on a year-over-year basis. equities analysts expect that SemGroup Energy Partners, L.P. will post 0.33 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 19th. Shareholders of record on Friday, March 9th will be given a $0.4725 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $1.89 dividend on an annualized basis and a dividend yield of 8.75%. This is an increase from SemGroup Energy Partners’s previous quarterly dividend of $0.45. SemGroup Energy Partners’s dividend payout ratio (DPR) is currently -821.74%.
Several brokerages recently weighed in on SEMG. Zacks Investment Research downgraded SemGroup Energy Partners from a “buy” rating to a “hold” rating in a research note on Friday, March 2nd. Barclays restated a “hold” rating and set a $28.00 target price on shares of SemGroup Energy Partners in a research note on Friday, January 19th. Citigroup decreased their target price on SemGroup Energy Partners from $34.00 to $27.00 and set a “neutral” rating for the company in a research note on Wednesday, February 28th. Royal Bank of Canada decreased their target price on SemGroup Energy Partners to $29.00 and set an “outperform” rating for the company in a research note on Thursday, March 1st. Finally, ValuEngine downgraded SemGroup Energy Partners from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $28.63.
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SemGroup Energy Partners Profile
SemGroup Corporation provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants. Its Crude Transportation segment operates crude oil pipelines and truck transportation businesses. It operates a 455-mile crude oil gathering and transportation pipeline system in Kansas and northern Oklahoma; a 75-mile crude oil gathering pipeline system that transports crude oil from production facilities in the DJ Basin to the pipeline owned by White Cliffs Pipeline, LLC; a 527-mile pipeline that transports crude oil from Platteville, Colorado to Cushing, Oklahoma; and 3 pipelines with an aggregate of 106 miles of pipe, as well as crude oil trucking fleet of 215 transport trucks and 210 trailers.
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