Magellan Midstream Partners, L.P. (NYSE:MMP) Rating Changes as of Apr 20, 2018

April 20, 2018 - By Arturo Altman

Big Money Sentiment decreased to 0.76 in 2017 Q4. It has change of 0.14, from 2017Q3’s 0.9. The ratio dropped due to Magellan Midstream Partners, L.P. positioning: 35 sold and 186 reduced. 49 funds took holdings and 118 increased holdings. Investors holded 134.51 million in 2017Q3 but now own 134.60 million shares or 0.07% more.
Sigma Planning Corporation has 0.09% invested in Magellan Midstream Partners, L.P. (NYSE:MMP). Northstar Inv Advsrs Lc holds 1% or 77,692 shs. 16,505 were reported by Usca Ria Ltd Liability Co. Florida-based Naples Lc has invested 0.1% in Magellan Midstream Partners, L.P. (NYSE:MMP). Green Square Cap Lc accumulated 2.32% or 217,387 shs. Fincl Bank Of America De invested in 0.04% or 3.60 million shs. New York-based Cv Starr Inc Tru has invested 5.44% in Magellan Midstream Partners, L.P. (NYSE:MMP). Adams Asset Advsrs Ltd Liability Company has 0.51% invested in Magellan Midstream Partners, L.P. (NYSE:MMP). Cadence Cap Mngmt Ltd Com owns 259,618 shs. Susquehanna Interest Gru Llp invested in 10,362 shs or 0% of the stock. Beach Invest Mgmt Limited Company owns 48,272 shs for 5.24% of their capital. Guggenheim Cap Ltd Co reported 0.02% stake. Glenview Retail Bank Trust Dept owns 0.1% invested in Magellan Midstream Partners, L.P. (NYSE:MMP) for 3,150 shs. Alphamark Advsrs Limited Company holds 0.03% or 1,204 shs. 4,433 are owned by Fisher Asset Mgmt Ltd.

Magellan Midstream Partners, L.P. had 1 insider sale and 0 insider purchases since February 12, 2018. This’s net activity of $1.51 million.

Magellan Midstream Partners, L.P. (NYSE:MMP) Ratings Coverage

In total 12 analysts cover Magellan Midstream (NYSE:MMP). “Buy” rating has 6, “Sell” are 3, while 3 are “Hold”. (NYSE:MMP) has 50% bullish analysts. 16 are the (NYSE:MMP)’s ratings reports on Apr 20, 2018 according to StockzIntelligence Inc. On Thursday, February 1 RBC Capital Markets maintained Magellan Midstream Partners, L.P. (NYSE:MMP) with “Hold” rating. On Tuesday, March 13 JP Morgan maintained Magellan Midstream Partners, L.P. (NYSE:MMP) rating. JP Morgan has “Neutral” rating and $75 target. On Tuesday, January 16 the company was maintained by RBC Capital Markets. On Thursday, April 5 the stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Buy” rating by Jefferies. On Thursday, January 4 the rating was upgraded by U.S. Capital Advisors to “Buy”. On Friday, March 16 the stock of Magellan Midstream Partners, L.P. (NYSE:MMP) has “Underweight” rating given by Morgan Stanley. On Friday, February 2 the stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Hold” rating by Stifel Nicolaus. On Friday, March 2 the firm has “Buy” rating by UBS given. On Friday, February 2 the stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Equal-Weight” rating by Barclays Capital. The stock rating was upgraded by RBC Capital Markets to “Outperform” on Monday, April 9. Listed here are Magellan Midstream Partners, L.P. (NYSE:MMP) PTs and latest ratings.

11/04/2018 Broker: Mizuho Rating: Sell New Target: $66.0000 Maintain
09/04/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
05/04/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Old Target: $73 Upgrade
27/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $77 New Target: $71 Maintain
16/03/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $73 New Target: $69 Maintain
13/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $78 New Target: $75 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $80 New Target: $81 Maintain
02/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $78 New Target: $77 Maintain
02/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $69.0 Maintain
02/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $78 New Target: $76 Maintain

MMP is reaching $65.9 during the last trading session, after decreased 0.75%.Currently Magellan Midstream Partners, L.P. is downtrending after 24.45% change in last April 20, 2017. MMP has also 1.02 million shares volume. MMP underperformed by 36.00% the S&P500.

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States.The company has $15.04 billion market cap. The firm operates through Refined Products, Crude Oil, and Marine Storage divisions.17.3 is the P/E ratio. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services.

Magellan Midstream Partners, L.P. (NYSE:MMP) Institutional Investors Chart

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