Semgroup Corporation Class A (NYSE:SEMG) Sees Significantly Higher Trading Volume

Paterniano Del Favero
Agosto 24, 2017

(NYSE:VZ) or 610 shares. Beaconlight Capital Llc sold 67,400 shares as Semgroup Corp (SEMG)'s stock declined 17.35%.

A number of other institutional investors have also recently added to or reduced their stakes in the company.

Investors sentiment decreased to 0.53 in 2016 Q4. Its up 1.00, from 0 in 2016Q3. 48 funds opened positions while 103 raised stakes. Meeder Asset Mgmt Inc reported 239,027 shares. Fort Washington Invest Advsr Oh invested in 229,547 shares. Financial Engines Advisors Limited Liability Com invested in 1,306 shares or 0% of the stock. (NYSE:VZ) for 30,334 shares. Highland Ltd Partnership reported 500,288 shares or 0.98% of all its holdings. They were forecasting US$0.3 per share three months ago. Legacy Prns has invested 2.75% in Verizon Communications Inc. Us National Bank De holds 0% of its portfolio in Global Partners LP (NYSE:GLP) for 4,681 shares. 454,560 are owned by Madison Inv Holdg. Weaver C Barksdale & Assoc holds 0.09% or 2,140 shares. Moreover, Roberts Glore & Company Il has 0.7% invested in Verizon Communications Inc. The stock of SemGroup Corp (NYSE:SEMG) earned "Outperform" rating by RBC Capital Markets on Monday, August 10.

Investors sentiment decreased to 1.32 in Q4 2016. Its up 0.11, from 0.86 in 2016Q3. Assetmark has 28 shares. Clearbridge Investments Lc holds 0% or 203,670 shares. Mngmt Professionals holds 0.02% of its portfolio in SemGroup Corp (NYSE:SEMG) for 813 shares. Strs Ohio has invested 0% in SemGroup Corp (NYSE:SEMG). Bancorporation Of Montreal Can invested 0% of its portfolio in SemGroup Corp (NYSE:SEMG). Dupont Cap Mgmt Corporation invested in 0.02% or 20,171 shares. Los Angeles Cap Mngmt & Equity Research Incorporated holds 0.01% or 15,515 shares. Schwab Charles Investment Management Incorporated reported 299,764 shares or 0.01% of all its holdings. Hsbc Pcl has 12,397 shares. Atlantic Tru Gru has 2.27M shares. Levin Capital Strategies Limited Partnership stated it has 0.01% of its portfolio in SemGroup Corp (NYSE:SEMG). Comerica State Bank has invested 0% in SemGroup Corp (NYSE:SEMG). Catalyst Advsrs Limited Liability Co owns 115,706 shares or 0.31% of their U.S. portfolio. It also reduced Valspar Corp/The (NYSE:VAL) stake by 4,300 shares and now owns 163,059 shares.

Among 8 analysts covering SemGroup (NYSE:SEMG), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 29% are positive.

SemGroup Corporation on 6/29/2017 reported its EPS as $-0.14 with the analysts projecting the EPS of the stock as $0.14. Goldman Sachs initiated SemGroup Corp (NYSE:SEMG) on Thursday, August 25 with "Buy" rating.

On June 13 the stock rating was upgraded from "Overweight" to "Overweight" in an announcement from Barclays. That suggests something of the likelihood of a short squeeze in shares of SEMG. The rating was maintained by UBS with "Buy" on Tuesday, August 2. Wells Fargo initiated the stock with "Outperform" rating in Monday, December 7 report. The rating was maintained by RBC Capital Markets on Sunday, July 23 with "Buy". On June 14 the stock rating was downgraded to "Equal-Weight" from "Overweight" and a price target of $32.00 was set in a report from Barclays. With 1.84M avg volume, 3 days are for Semgroup Corporation (NYSE:SEMG)'s short sellers to cover SEMG's short positions. RBC Capital Markets maintained the shares of SEMG in report on Tuesday, May 10 with "Outperform" rating.

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