Holder Neuberger Berman Group LLC Increased Western Gas Equity Partners LP (WGP) Holding

December 7, 2017 - By Marry Poplack

Investors sentiment increased to 1.12 in Q2 2017. Its up 0.22, from 0.9 in 2017Q1. It increased, as 13 investors sold WGP shares while 28 reduced holdings. 9 funds opened positions while 37 raised stakes. 38.24 million shares or 1.47% less from 38.81 million shares in 2017Q1 were reported. Citigroup Inc holds 1.32 million shares or 0.05% of its portfolio. 6,598 are held by Manufacturers Life Insur The. Pnc Finance Ser Group Inc Inc owns 0% invested in Western Gas Equity Partners, LP (NYSE:WGP) for 74,185 shares. Salient Lta holds 0.62% or 125,501 shares. 7,493 were accumulated by Royal Retail Bank Of Canada. Alps Advsr Inc accumulated 26,623 shares. 9,300 were accumulated by Raymond James Financial Services Advsrs. 12,603 are held by Oppenheimer Asset Management Inc. Sterling Mgmt Ltd invested in 0% or 4,983 shares. Us Savings Bank De owns 0% invested in Western Gas Equity Partners, LP (NYSE:WGP) for 1,416 shares. Highland Cap Limited Partnership holds 0.62% in Western Gas Equity Partners, LP (NYSE:WGP) or 339,719 shares. Friedberg owns 15,030 shares. Ing Groep Nv stated it has 0.04% in Western Gas Equity Partners, LP (NYSE:WGP). Massachusetts Fincl Svcs Com Ma has 0.02% invested in Western Gas Equity Partners, LP (NYSE:WGP) for 1.13M shares. Keybank Natl Association Oh reported 9,085 shares.

Neuberger Berman Group Llc increased its stake in Western Gas Equity Partners Lp (WGP) by 4.27% based on its latest 2017Q2 regulatory filing with the SEC. Neuberger Berman Group Llc bought 458,259 shares as the company’s stock declined 5.04% while stock markets rallied. The institutional investor held 11.19M shares of the public utilities company at the end of 2017Q2, valued at $481.53 million, up from 10.73M at the end of the previous reported quarter. Neuberger Berman Group Llc who had been investing in Western Gas Equity Partners Lp for a number of months, seems to be bullish on the $7.96B market cap company. The stock increased 1.03% or $0.37 during the last trading session, reaching $36.34. About 87,254 shares traded. Western Gas Equity Partners, LP (NYSE:WGP) has risen 3.31% since December 7, 2016 and is uptrending. It has underperformed by 13.39% the S&P500.

Neuberger Berman Group Llc, which manages about $77.86 billion US Long portfolio, decreased its stake in Tetra Tech Inc New (NASDAQ:TTEK) by 70,135 shares to 772,796 shares, valued at $35.36M in 2017Q2, according to the filing. It also reduced its holding in Marketaxess Holdings Inc (NASDAQ:MKTX) by 39,712 shares in the quarter, leaving it with 984,383 shares, and cut its stake in Target Corp (NYSE:TGT).

More news for Western Gas Equity Partners, LP (NYSE:WGP) were recently published by: Streetinsider.com, which released: “Western Gas Partners LP (WES) and Western Gas Equity Partners, LP (WGP) Offer …” on December 05, 2017. Prnewswire.com‘s article titled: “Western Gas To Present At Upcoming Wells Fargo Conference” and published on December 01, 2017 is yet another important article.

Western Gas Equity Partners, LP (NYSE:WGP) Ratings Coverage

Among 18 analysts covering Western Gas Equity Partners (NYSE:WGP), 6 have Buy rating, 0 Sell and 12 Hold. Therefore 33% are positive. Western Gas Equity Partners had 29 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, November 2. The company was maintained on Thursday, November 2 by Morgan Stanley. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, October 11. The stock of Western Gas Equity Partners, LP (NYSE:WGP) has “Neutral” rating given on Monday, February 27 by Bank of America. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, October 29. JP Morgan maintained the stock with “Overweight” rating in Wednesday, March 30 report. maintained the stock with “Equal-Weight” rating in Monday, October 10 report. The firm earned “Market Perform” rating on Friday, January 15 by Wells Fargo. The rating was initiated by MUFG with “Neutral” on Friday, June 17. The firm has “Hold” rating given on Wednesday, January 20 by Wunderlich.

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