Weekly Global Partners LP (NYSE:GLP) Ratings on Apr 20, 2018

April 20, 2018 - By Daniel Mitchell

Global Partners LP (NYSE:GLP) Corporate Logo
Big Money Sentiment increased to 1.44 in 2017 Q4. It has change of 0.53, from 2017Q3’s 0.91. The ratio is positive due to Global Partners LP positioning: 5 sold and 11 reduced. 9 funds took stakes and 14 increased stakes. Investors holded 13.20 million in 2017Q3 but now own 13.69 million shares or 3.72% more.
Toronto Dominion Financial Bank owns 0% invested in Global Partners LP (NYSE:GLP) for 17 shs. Manufacturers Life Insurance The reported 2,288 shs. Van Eck Assoc accumulated 0.01% or 112,085 shs. The California-based Kayne Anderson Advsr Limited Partnership has invested 0.46% in Global Partners LP (NYSE:GLP). Hite Hedge Asset Mngmt Lc stated it has 718,042 shs or 2.12% of all its holdings. Penbrook Mgmt Ltd Liability Com has invested 0.41% in Global Partners LP (NYSE:GLP). Geode Capital Mngmt Llc accumulated 58,293 shs. Jpmorgan Chase And stated it has 0% of its capital in Global Partners LP (NYSE:GLP). Citigroup Inc accumulated 0% or 31,681 shs. Cutler Capital Mgmt Limited Company reported 0.09% of its capital in Global Partners LP (NYSE:GLP). Metropolitan Life Insurance holds 0.02% or 80,741 shs. Moreover, National Bank & Trust Of America De has 0% invested in Global Partners LP (NYSE:GLP) for 281,615 shs. Raymond James & Assocs owns 12,199 shs. First Manhattan Communications holds 0% or 1,500 shs. 159,410 were accumulated by Deutsche Bancorp Ag.

Global Partners LP (NYSE:GLP) Ratings Coverage

Total analysts of 3 have positions in Global Partners Lp (NYSE:GLP) as follows: 0 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 0. The firm has $19.0 highest while $17 is the lowest target. The average target $18 is 6.51% above the last ($16.9) price. Since November 21, 2017 according to StockzIntelligence Inc Global Partners Lp has 4 analyst reports. On Tuesday, March 13 the firm has “Hold” rating given by Stifel Nicolaus. On Tuesday, April 17 Barclays Capital maintained Global Partners LP (NYSE:GLP) with “Equal-Weight” rating. The company rating was maintained by Barclays Capital on Monday, March 12. On Tuesday, November 21 the stock of Global Partners LP (NYSE:GLP) has “Hold” rating given by J.P. Morgan. Listed here are Global Partners LP (NYSE:GLP) PTs and latest ratings.

17/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $18 New Target: $17 Maintain
13/03/2018 Broker: Stifel Nicolaus Rating: Hold Downgrade
12/03/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $19 New Target: $18 Maintain
21/11/2017 Broker: J.P. Morgan Rating: Hold New Target: $19.0 Initiate

Ticker’s shares touched $16.9 during the last trading session after 0.29% change.Currently Global Partners LP is downtrending after 17.82% change in last April 20, 2017. GLP has also 41,898 shares volume. The stock underperformed the S&P 500 by 29.37%.

Global Partners LP, a midstream logistics and marketing company, distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial clients in the New England states and New York.The firm is worth $572.49 million. It operates in three divisions: Wholesale, Gasoline Distribution and Station Operations, and Commercial.The P/E ratio is 9.73. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks.

Global Partners LP (NYSE:GLP) Institutional Investors Chart

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