Investment Analysts' Weekly Ratings Updates for Rice Midstream Partners (RMP)

Andrew Cummings
October 19, 2017

UBS Group AG now owns 5,907,324 shares of the pipeline company's stock worth $454,332,000 after acquiring an additional 453,671 shares in the last quarter. The stock decreased 0.77% or $0.53 on October 18, reaching $68.52. About 222,409 shares traded. Intelligent Cloud Resources Inc (OTCMKTS:ITLL) has 0.00% since October 18, 2016 and is. It has outperformed by 17.40% the S&P500. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Therefore 82% are positive. Antero Midstream Partners LP had 40 analyst reports since July 23, 2015 according to SRatingsIntel. The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. As per Monday, October 19, the company rating was upgraded by Citigroup. The firm has "Underweight" rating given on Monday, June 20 by Barclays Capital.

On October 16 analysts at Goldman Sachs starting coverage on the stock with an initial rating of "Buy". The firm earned "Outperform" rating on Friday, October 21 by William Blair. The firm earned "Sector Perform" rating on Thursday, November 5 by RBC Capital Markets.

Investors sentiment decreased to 0.75 in 2017 Q2. Its up 0.07, from 0.83 in 2017Q1.


The Price to Book ratio (Current share price / Book value per share) is a good valuation measure you can use to find undervalued investment ideas. California Public Employees Retirement System reported 0.06% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP).

The most current P/E ratio is 18.40 and the market value is 6.71B. Corecommodity Management Ltd Limited Liability Company owns 2,234 shares.

Since May 24, 2017, it had 0 insider buys, and 1 insider sale for $600,000 activity.


Zacks Investment Research upgraded shares of Cone Midstream Partners LP (NYSE:CNNX) from a sell rating to a hold rating in a research note published on Tuesday morning. Therefore 38% are positive. Janney Capital initiated the shares of MMLP in report on Friday, September 16 with "Neutral" rating. Stifel Nicolaus maintained Magellan Midstream Partners, L.P. (NYSE:MMP) on Thursday, September 7 with "Hold" rating. Stifel Nicolaus has "Buy" rating and $19 target. The rating was maintained by Robert W. Baird with "Hold" on Tuesday, August 22. As per Wednesday, January 18, the company rating was initiated by Stifel Nicolaus. RBC Capital Markets maintained the shares of SMLP in report on Sunday, October 15 with "Buy" rating. The rating was maintained by RBC Capital Markets with "Hold" on Friday, July 28. The stock has a consensus rating of "Hold" and a consensus target price of $79.04. The Davenport & Company Llc holds 61,081 shares with $805.66 million value, up from 61,031 last quarter. 15 funds opened positions while 51 raised stakes. Texas Yale Cap Corporation owns 30,750 shares or 0.05% of their USA portfolio. New Jersey-based Cap Mngmt Limited Com has invested 0.26% in Martin Midstream Partners L.P. (NASDAQ:MMLP). Schroder Inv Mgmt Grp accumulated 0% or 28,919 shares. Global X Management Co Ltd Limited Liability Company invested 0.49% of its portfolio in Antero Midstream Partners LP (NYSE:AM). The ROIC Quality of Summit Midstream Partners, LP (NYSE:SMLP) is 4.613476. Winslow Evans Crocker Inc owns 6,394 shares. Busey Tru has 11,787 shares for 0.12% of their portfolio. Adams Asset Advsr Lc stated it has 288,937 shares or 0.75% of all its holdings. Gsa Prtnrs Limited Liability Partnership accumulated 50,980 shares. DA Davidson has "Buy" rating and $3000 target.

In other Magellan Midstream Partners L.P. news, insider Jeff R. Selvidge sold 5,000 shares of the stock in a transaction on Thursday, September 14th.

In the market the company is trading down since yesterday's close of 15.68. The Company's divisions include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC, and the Piceance Basin /DJ Basins, which includes Grand River and Niobrara G&P. It has a 21.55 P/E ratio. The pipeline company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. On average, equities research analysts anticipate that Rice Midstream Partners LP will post $1.43 earnings per share for the current year. During the same period in the prior year, the business posted $0.38 earnings per share. After $0.03 actual EPS reported by Martin Midstream Partners L.P. for the previous quarter, Wall Street now forecasts -366.67% negative EPS growth.


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