How Analysts Feel About Ngl Energy Partners LP (NYSE:NGL) After Increase in Sellers?

July 18, 2017 - By Stephen Andrade

 How Analysts Feel About Ngl Energy Partners LP (NYSE:NGL) After Increase in Sellers?

Investors sentiment decreased to 1.32 in 2016 Q4. Its down 0.21, from 1.53 in 2016Q3. It fall, as 12 investors sold NGL Energy Partners LP shares while 29 reduced holdings. 18 funds opened positions while 36 raised stakes. 69.69 million shares or 2.95% more from 67.69 million shares in 2016Q3 were reported.
Advisory Research has 1.94 million shares for 0.61% of their portfolio. Royal Natl Bank Of Canada reported 100,138 shares. Sg Americas Secs Limited Liability Company stated it has 0.01% of its portfolio in NGL Energy Partners LP (NYSE:NGL). Spirit Of America Mgmt reported 284,968 shares. California Employees Retirement System holds 0.01% or 248,800 shares. Moreover, Commonwealth Of Pennsylvania Pub School Empls Retrmt has 0.58% invested in NGL Energy Partners LP (NYSE:NGL). Virtu Fin Lc stated it has 0.02% of its portfolio in NGL Energy Partners LP (NYSE:NGL). Wells Fargo Mn holds 0% or 290,012 shares. The New Jersey-based Kcg Inc has invested 0.03% in NGL Energy Partners LP (NYSE:NGL). Sumitomo Mitsui Tru Hldgs holds 60,000 shares. Marquette Asset Mngmt Incorporated owns 28,403 shares. 1,000 were accumulated by Gradient Invests Lc. 335,085 were accumulated by Forward Mgmt Ltd. Bb&T Securities Limited Liability Com accumulated 17,710 shares. Retail Bank Of Montreal Can has invested 0.02% in NGL Energy Partners LP (NYSE:NGL).

Since May 31, 2017, it had 0 insider buys, and 5 sales for $8.26 million activity.

The stock of Ngl Energy Partners LP (NYSE:NGL) registered an increase of 9.13% in short interest. NGL’s total short interest was 1.53 million shares in July as published by FINRA. Its up 9.13% from 1.40 million shares, reported previously. With 936,300 shares average volume, it will take short sellers 2 days to cover their NGL’s short positions. The short interest to Ngl Energy Partners LP’s float is 1.64%.

The stock decreased 1.30% or $0.18 on July 17, reaching $13.25. About shares traded. NGL Energy Partners LP (NYSE:NGL) has risen 16.78% since July 18, 2016 and is uptrending. It has outperformed by 0.08% the S&P500.

NGL Energy Partners LP owns and operates a vertically integrated energy business. The company has market cap of $1.55 billion. The Company’s divisions are crude oil logistics, water solutions, liquids, retail propane, refined products and renewables, and corporate and other. It has a 18.76 P/E ratio. The Company’s crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations.

NGL Energy Partners LP (NYSE:NGL) Ratings Coverage

Among 9 analysts covering NGL ENERGY PARTNERS LP (NYSE:NGL), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. NGL ENERGY PARTNERS LP had 35 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of NGL Energy Partners LP (NYSE:NGL) has “Buy” rating given on Monday, December 14 by Stifel Nicolaus. The company was maintained on Thursday, February 11 by Wunderlich. The rating was maintained by Barclays Capital on Thursday, February 11 with “Equal-Weight”. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, December 21 report. The rating was upgraded by FBR Capital on Friday, January 20 to “Outperform”. As per Thursday, December 10, the company rating was downgraded by Bank of America. The stock of NGL Energy Partners LP (NYSE:NGL) earned “Sell” rating by Goldman Sachs on Friday, March 11. On Tuesday, August 11 the stock rating was maintained by Barclays Capital with “Equal Weight”. The company was downgraded on Monday, January 4 by Raymond James. The stock of NGL Energy Partners LP (NYSE:NGL) has “Hold” rating given on Tuesday, August 11 by Stifel Nicolaus.

More recent NGL Energy Partners LP (NYSE:NGL) news were published by: which released: “Is NGL Energy Partners a Great Stock for Value Investors?” on July 10, 2017. Also published the news titled: “A Safe 9% Yield From A Newly Issued Preferred Stock” on June 24, 2017.‘s news article titled: “Expect The Rebound To Continue For NGL Energy Partners” with publication date: July 04, 2017 was also an interesting one.

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