During 2018 Q4 the big money sentiment increased to 0.87. That’s change of 0.11, from 2018Q3’s 0.76. 52 investors sold all, 151 reduced holdings as MMP ratio improved. 123 rose positions while 54 funds acquired positions. Funds hold 141.66 million shares thus 1.66% more from 2018Q3’s 139.35 million shares. Clark Cap Management Grp Inc owns 4,000 shs or 0.01% of their US capital. Captrust Fin has 0.12% invested in Magellan Midstream Partners, L.P. (NYSE:MMP). Gofen Glossberg Il has invested 0.02% of its capital in Magellan Midstream Partners, L.P. (NYSE:MMP). Jnba Fincl Advisors owns 106 shs for 0% of their capital. Mitchell Mcleod Pugh & Williams reported 0.93% in Magellan Midstream Partners, L.P. (NYSE:MMP). Segment Wealth Mgmt Ltd Liability Corporation accumulated 25,373 shs or 0.37% of the stock. Walter & Keenan Fincl Consulting Mi Adv owns 13,133 shs. Cushing Asset Limited Partnership invested 2.76% in Magellan Midstream Partners, L.P. (NYSE:MMP). Glenmede Trust Na holds 0.04% of its capital in Magellan Midstream Partners, L.P. (NYSE:MMP) for 129,123 shs. Cullen Frost Bankers has 24,422 shs. Delta Asset Limited Liability Company Tn owns 185 shs for 0% of their capital. Mckinley Management Ltd Liability Company Delaware stated it has 29,448 shs or 0.14% of all its holdings. New England Private Wealth Advsrs Ltd stated it has 8,486 shs or 0.14% of all its holdings. Group One Trading LP holds 0.03% or 62,888 shs. Whitnell Co has invested 0.49% in Magellan Midstream Partners, L.P. (NYSE:MMP).
MMP registered $3.37 million net activity with 0 insider purchases and 4 selling transactions since September 20, 2018. On Thursday, September 20 May Douglas J sold $343,467 worth of Magellan Midstream Partners, L.P. (NYSE:MMP). On Thursday, September 20 MEARS MICHAEL N sold $2.07 million worth of Magellan Midstream Partners, L.P. (NYSE:MMP). 5,500 shs valued at $377,850 were sold by Selvidge Jeff R on Thursday, September 20.
The stake In Magellan Midstream Prtnrs Lp (MMP) was decreased owned by Goldman Sachs Group Inc. According to 2018Q4 Securities and Exchange filling the reduction is 2.19%. The company’s stock rose 1.37% with the market as Goldman Sachs Group Inc sold 250,940 shares. At the end of 2018Q4, the 11.21 million shares of the natural gas distribution company held by the institutional investor were valued at $639.53 million, down from 11.46 million at the end of the previous reported quarter. $13.75 billion is the MC of Magellan Midstream Prtnrs Lp. MMP reached $60.18 during the last trading session after $0.02 change.Currently Magellan Midstream Partners, L.P. is downtrending after 3.57% change in last March 13, 2018. MMP has 432,282 shares volume. The stock underperformed the S&P 500 by 7.94%.
About $313.71 billion US Long portfolio Goldman Sachs Group Inc manages. Its stake in Walmart Inc (NYSE:WMT) was upped by 8.37M shares to 8.99M shares valued at $837.42M in 2018Q4, according to the filing. For a total of 899,200 shares it increased its holding in Nxp Semiconductors N V (Call) (NASDAQ:NXPI) by 832,100 shares in the quarter, and has risen its stake in Cree Inc (NASDAQ:CREE).
Magellan Midstream Partners, L.P. (NYSE:MMP)’s earnings report is anticipated by WallStreet on May, 2, Zacks reports. Analysts have expectation on stock’s earnings per share of $0.99. That’s down 5.71 % from last year?s $1.05 earnings per share. If reported the P/E will be 15.20 with $226.11M profit. -3.88 % negative EPS growth is what analysts predict. $1.03 earnings per share was revealed for last quarter.
For more Magellan Midstream Partners, L.P. (NYSE:MMP) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Tractor Supply Is A Buy – Cramer’s Lightning Round (8/8/18) – Seeking Alpha” posted on August 09, 2018, “Magellan Midstream: Keeping Promises But Still Dragged Down By Peers – Seeking Alpha” on November 05, 2018, “Is the New Energy Transfer LP a Buy? – The Motley Fool” with a publish date: October 22, 2018, “Magellan eyes Freeport, Texas for potential crude export terminal – Seeking Alpha” and the last “Magellan Midstream: Continuing The Strong Performance Of MLPs – Seeking Alpha” with publication date: November 05, 2018.
Magellan Midstream Partners, L.P. (NYSE:MMP) Ratings Coverage
Total analysts of 9 have positions in Magellan Midstream (NYSE:MMP) as follows: 2 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 22%. The firm has $78 highest while $65 is the lowest target price. The average target $72 is 19.64% above the last ($60.18) price. Since October 9, 2018 according to StockzIntelligence Inc Magellan Midstream has 12 analyst reports. On Friday, November 2 the stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Buy” rating by Citigroup. On Tuesday, November 6 the firm earned “Market Perform” rating by Wells Fargo. The stock rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, October 9. On Friday, November 2 Barclays Capital maintained Magellan Midstream Partners, L.P. (NYSE:MMP) with “Equal-Weight” rating. On Monday, November 5 Bank of America maintained Magellan Midstream Partners, L.P. (NYSE:MMP) with “Buy” rating. On Monday, January 28 the rating was downgraded by Jefferies to “Hold”. On Thursday, December 20 the company was upgraded by Jefferies. On Monday, February 25 the stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Buy” rating by UBS.

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