Analysts See $0.60 EPS for Tallgrass Energy Partners, LP (TEP) on May, 2

April 20, 2018 - By Roy Fason

Big Money Sentiment decreased to 1.11 in Q4 2017. It has change of 0.10, from 2017Q3’s 1.21. The ratio worsened due to Tallgrass Energy Partners, LP positioning: 16 sold and 41 reduced. 19 funds bought holdings and 44 increased holdings. Investors holded 43.51 million in 2017Q3 but now own 42.76 million shares or 1.73% less.
The New York-based Jennison Limited Liability Company has invested 0.02% in Tallgrass Energy Partners, LP (NYSE:TEP). Wells Fargo & Company Mn reported 105,817 shs. Blackstone Grp L P has invested 0.34% of its capital in Tallgrass Energy Partners, LP (NYSE:TEP). Yorkville Cap Limited Liability Corporation, New York-based fund reported 43,714 shs. Pittenger And Anderson reported 1,170 shs. Oppenheimer Asset Inc has invested 0.02% in Tallgrass Energy Partners, LP (NYSE:TEP). Hilton Mngmt Lc reported 0.07% stake. Cbre Clarion Securities reported 0.03% stake. Bancorporation Of Ny Mellon invested in 7,683 shs. Parkside Finance Savings Bank accumulated 24,180 shs. Enterprise Fin holds 0.01% or 615 shs in its capital. First Manhattan invested in 3,726 shs. Van Eck Associate Corporation has 20,028 shs for 0% of their capital. Nelson Van Denburg Campbell Wealth Ltd Limited Liability Company holds 0.04% or 3,489 shs. Raymond James Svcs holds 0.01% of its capital in Tallgrass Energy Partners, LP (NYSE:TEP) for 18,807 shs.

Tallgrass Energy Partners, LP (NYSE:TEP)’s quarterly earnings will be published On May, 2., RTT reports. Analysts predict 9.09 % diference or $0.60 from the $0.55 EPS from 2017. This could hit $44.41 million profit for TEP assuming the current $0.60 EPS will become reality. Wall Street predicts -10.45 % negative EPS growth as of May, 2. TEP hit $44.81 during the last trading session after $0.28 change.Tallgrass Energy Partners, LP has volume of 20,180 shares. Since April 20, 2017 TEP has declined 27.73% and is downtrending. The stock underperformed the S&P500 by 39.28%.

Tallgrass Energy Partners, LP (NYSE:TEP) Ratings Coverage

Total analysts of 9 have positions in Tallgrass Energy (NYSE:TEP) as follows: 5 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 56%. Since October 30, 2017 according to StockzIntelligence Inc Tallgrass Energy has 24 analyst reports. On Thursday, April 5 the rating was maintained by Robert W. Baird with “Buy”. On Tuesday, March 27 the rating was maintained by Citigroup with “Buy”. On Monday, January 29 the stock of Tallgrass Energy Partners, LP (NYSE:TEP) has “Buy” rating given by Scotia Capital. The company rating was maintained by Stifel Nicolaus on Tuesday, January 2. On Thursday, February 15 the firm has “Buy” rating by Robert W. Baird given. On Thursday, January 4 the firm earned “Hold” rating by U.S. Capital Advisors. On Wednesday, March 28 the rating was maintained by Morgan Stanley with “Equal-Weight”. The company rating was maintained by Stifel Nicolaus on Thursday, February 8. On Friday, November 3 the rating was maintained by RBC Capital Markets with “Buy”. In Monday, December 4 report Robert W. Baird maintained the stock with “Buy” rating.

Tallgrass Energy Partners, LP acquires, owns, develops, and operates midstream energy assets in North America.The firm is worth $3.32 billion. It operates in three divisions: Crude Oil Transportation & Logistics, Natural Gas Transportation & Logistics, and Processing & Logistics.The P/E ratio is 11.49. The Crude Oil Transportation & Logistics segment engages in the ownership and operation of the Pony Express System, a crude oil pipeline serving the Bakken Shale, Denver-Julesburg, and Powder River Basins, as well as other nearby oil producing basins.

Tallgrass Energy Partners, LP (NYSE:TEP) Institutional Investors Chart

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