Western Gas Partners LP (NYSE:WES) Institutional Investor Sentiment Is 1.07

July 18, 2017 - By Hazel Jackson

 Western Gas Partners LP (NYSE:WES) Institutional Investor Sentiment Is 1.07

Sentiment for Western Gas Partners LP (NYSE:WES)

Western Gas Partners LP (NYSE:WES) institutional sentiment decreased to 1.07 in 2016 Q4. Its down -0.28, from 1.35 in 2016Q3. The ratio dropped, as 74 investment professionals increased or started new equity positions, while 69 reduced and sold positions in Western Gas Partners LP. The investment professionals in our partner’s database now hold: 64.77 million shares, down from 66.82 million shares in 2016Q3. Also, the number of investment professionals holding Western Gas Partners LP in their top 10 equity positions was flat from 8 to 8 for the same number . Sold All: 13 Reduced: 56 Increased: 52 New Position: 22.

Western Gas Partners, LP is a master limited partnership that acquires, owns, develops and operates midstream energy assets. The company has market cap of $8.82 billion. The Firm is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil in the United States. It has a 35.98 P/E ratio. The Firm provides midstream services for Anadarko Petroleum Corporation (Anadarko), as well as for third-party producers and customers.

The stock decreased 0.75% or $0.43 on July 17, reaching $56.72. About shares traded. Western Gas Partners, LP (NYSE:WES) has risen 10.32% since July 18, 2016 and is uptrending. It has underperformed by 6.38% the S&P500.

Analysts expect Western Gas Partners, LP (NYSE:WES) to report $0.51 EPS on July, 25.They anticipate $0.04 EPS change or 7.27 % from last quarter’s $0.55 EPS. WES’s profit would be $79.31M giving it 27.80 P/E if the $0.51 EPS is correct. After having $0.01 EPS previously, Western Gas Partners, LP’s analysts see 5,000.00 % EPS growth.

C V Starr & Co Inc holds 13.12% of its portfolio in Western Gas Partners, LP for 50,000 shares. Rr Advisors Llc owns 1.66 million shares or 12.65% of their US portfolio. Moreover, Heronetta Management L.P. has 4.77% invested in the company for 156,900 shares. The Kansas-based Tortoise Capital Advisors L.L.C. has invested 4.65% in the stock. C.V. Starr & Co. Inc. Trust, a New York-based fund reported 180,000 shares.#img1#

Western Gas Partners, LP (NYSE:WES) Ratings Coverage

Ratings analysis reveals 56% of Western Gas Partners’s analysts are positive. Out of 16 Wall Street analysts rating Western Gas Partners, 9 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $35 while the high is $76. The stock’s average target of $59.81 is 5.45% above today’s ($56.72) share price. WES was included in 28 notes of analysts from August 3, 2015. MUFG initiated it with “Neutral” rating and $59 target in Friday, June 17 report. On Thursday, January 28 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The company was downgraded on Tuesday, January 12 by Bank of America. The company was maintained on Tuesday, October 11 by RBC Capital Markets. The stock of Western Gas Partners, LP (NYSE:WES) has “Overweight” rating given on Wednesday, March 30 by JP Morgan. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, February 25. The stock of Western Gas Partners, LP (NYSE:WES) has “Neutral” rating given on Thursday, April 7 by Citigroup. The stock has “Outperform” rating by Macquarie Research on Friday, April 21. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, July 13. The stock of Western Gas Partners, LP (NYSE:WES) has “Outperform” rating given on Monday, September 28 by FBR Capital.

Another recent and important Western Gas Partners, LP (NYSE:WES) news was published by Prnewswire.com which published an article titled: “Western Gas To Present At Upcoming JP Morgan Energy Equity Investor Conference” on June 22, 2017.

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