Does Alliance Holdings GP, L.P. (AHGP) Have Any Gas After Today’s Significant Increase?

September 17, 2017 - By Vivian Currie

Investors sentiment decreased to 0.96 in Q4 2016. Its down 0.90, from 1.86 in 2016Q3. It fall, as 5 investors sold Alliance Holdings GP, L.P. shares while 19 reduced holdings. 9 funds opened positions while 14 raised stakes. 11.88 million shares or 1.33% less from 12.04 million shares in 2016Q3 were reported.
Savings Bank Of America Corporation De, North Carolina-based fund reported 22,067 shares. Walleye Trading Ltd Liability Co reported 5,400 shares. Invesco Ltd accumulated 31,874 shares or 0% of the stock. Gabelli Funds Ltd Liability Corporation owns 34,000 shares or 0.01% of their US portfolio. New York-based Morgan Stanley has invested 0% in Alliance Holdings GP, L.P. (NASDAQ:AHGP). Principal Fincl Grp owns 17,110 shares or 0% of their US portfolio. 400 are owned by Assetmark Inc. Sei invested 0% of its portfolio in Alliance Holdings GP, L.P. (NASDAQ:AHGP). Mountain Lake Inv Mgmt owns 211,500 shares or 3.83% of their US portfolio. Bokf Na holds 0.03% of its portfolio in Alliance Holdings GP, L.P. (NASDAQ:AHGP) for 36,856 shares. House Ltd Limited Liability Company stated it has 0.16% in Alliance Holdings GP, L.P. (NASDAQ:AHGP). Tiedemann Wealth Lc invested in 145,750 shares or 0.41% of the stock. Commonwealth Of Pennsylvania Pub School Empls Retrmt holds 0.02% in Alliance Holdings GP, L.P. (NASDAQ:AHGP) or 45,440 shares. 280 were reported by Royal Bank Of Canada. Arrow Invest Advsrs Limited Liability accumulated 0.25% or 34,138 shares.

The stock of Alliance Holdings GP, L.P. (NASDAQ:AHGP) is a huge mover today! The stock increased 5.02% or $1.33 on September 15, reaching $27.8. About 127,817 shares traded or 44.02% up from the average. Alliance Holdings GP, L.P. (NASDAQ:AHGP) has risen 69.64% since September 17, 2016 and is uptrending. It has outperformed by 52.94% the S&P500.
The move comes after 9 months positive chart setup for the $1.66 billion company. It was reported on Sep, 17 by Barchart.com. We have $29.19 PT which if reached, will make NASDAQ:AHGP worth $83.00 million more.

Investors wait Alliance Holdings GP, L.P. (NASDAQ:AHGP) to report on October, 27. its quarterly earnings Wall Street analysts expect $0.91 earnings per share, up $0.10 or 12.35 % from last year’s $0.81 same quarter earnings. This translates into $54.34M profit for AHGP giving the stock a 7.64 P/E. This is assuming the current $0.91 EPS is accurate. Alliance Holdings GP, L.P.’s Wall Street analysts see 13.75 % EPS growth, taking into account the $0.80 EPS reproted in the previous quarter,

More notable recent Alliance Holdings GP, L.P. (NASDAQ:AHGP) news were published by: Fool.com which released: “3 Terrible Reasons to Sell Alliance Holdings GP, LP” on August 25, 2016, also Nasdaq.com with their article: “Alliance Holdings GP, LP (AHGP) Ex-Dividend Date Scheduled for August 09, 2017” published on August 08, 2017, Fool.com published: “While Global Coal Prices Go Hyperbolic, Alliance Holdings GP, LP Will Be Left …” on December 13, 2016. More interesting news about Alliance Holdings GP, L.P. (NASDAQ:AHGP) were released by: Businesswire.com and their article: “Alliance Holdings GP, LP Reports Quarterly Financial Results and Increases …” published on July 31, 2017 as well as Streetinsider.com‘s news article titled: “Alliance Resource Partners, LP (ARLP), Alliance Holdings GP, LP (AGHP) Reports …” with publication date: July 28, 2017.

Alliance Holdings GP, L.P. is a limited partnership company. The company has market cap of $1.66 billion. The Firm owns directly and indirectly the members’ interest in Alliance Resource Management GP, LLC (MGP), the managing general partner of Alliance Resource Partners, L.P. (ARLP). It has a 8.03 P/E ratio. The Company’s divisions include Illinois Basin, Appalachia, and Other and Corporate.

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