Last Week Summit Midstream Partners, LP (NYSE:SMLP) Ratings

During 2018 Q4 the big money sentiment decreased to 0.84. That’s change of 0.24, from 2018Q3’s 1.08. 11 investors sold all, 20 reduced holdings as Summit Midstream Partners, LP ratio is negative. 14 increased stakes while 12 funds bought stakes. Funds hold 28.59 million shares thus 8.06% less from 2018Q3’s 31.09 million shares.
Evergreen Capital Mngmt Limited Co, Washington-based fund reported 65,175 shs. Westwood Hldgs Gp owns 464,505 shs. Guggenheim Ltd Liability Corporation stated it has 0.01% in Summit Midstream Partners, LP (NYSE:SMLP). Jane Street Gru Inc holds 0% or 90,849 shs. Price T Rowe Assocs Incorporated Md has 500,000 shs. Walleye Trading Lc has 11,030 shs. Raymond James & Associate invested in 11,816 shs or 0% of the stock. Credit Suisse Ag owns 0% invested in Summit Midstream Partners, LP (NYSE:SMLP) for 32,524 shs. First Advsr L P owns 70,893 shs. West Family Investments Incorporated has 185,574 shs for 0.48% of their capital. Twin Focus Capital Prtnrs Limited Liability Corporation has 0.64% invested in Summit Midstream Partners, LP (NYSE:SMLP). Goldman Sachs Gru has invested 0% in Summit Midstream Partners, LP (NYSE:SMLP). Stifel Fincl Corp reported 0% in Summit Midstream Partners, LP (NYSE:SMLP). Private Advisor Limited Co holds 15,197 shs or 0% of its capital. 180 are owned by First Hawaiian Bank & Trust.

Summit Midstream Partners, LP registered $80,600 net activity with 0 insider purchases and 2 sales since October 17, 2018. 5,000 shs were sold by Graves Brad N, worth $74,200.

Summit Midstream Partners, LP (NYSE:SMLP) Ratings Coverage

Total analysts of 3 have positions in Summit Midstream Partners (NYSE:SMLP) as follows: 1 rated it a “Buy”, 2 with “Sell” and 0 with “Hold”. The positive are 33%. The firm has $18 highest while $6 is the lowest price target. The average target $7.50 is -22.52% below the last ($9.68) price. Since October 9, 2018 according to StockzIntelligence Inc Summit Midstream Partners has 8 analyst reports. On Tuesday, March 12 the firm earned “Sell” rating by Barclays Capital. On Tuesday, November 20 the stock of Summit Midstream Partners, LP (NYSE:SMLP) has “Outperform” rating given by Credit Suisse. On Tuesday, October 9 the firm has “Buy” rating given by Goldman Sachs. On Thursday, March 14 the firm earned “Underperform” rating by Credit Suisse. Listed here are Summit Midstream Partners, LP (NYSE:SMLP) PTs and latest ratings.

14/03/2019 Broker: Credit Suisse Old Rating: Outperform New Rating: Underperform Old Target: $15 New Target: $9 Downgrade
12/03/2019 Broker: Barclays Capital Rating: Sell New Target: $6 Maintain
07/03/2019 Broker: Robert W. Baird Old Rating: Outperform New Rating: Neutral Downgrade
03/03/2019 Broker: Wells Fargo Rating: Hold Maintain
26/02/2019 Broker: BidaskScore Rating: Sell Downgrade
20/11/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $18 New Target: $15 Maintain
11/10/2018 Broker: Credit Suisse Rating: Outperform New Target: $18 Initiates Coverage On
09/10/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade

SMLP is reaching $9.68 during the last trading session, after increased 0.83%.Summit Midstream Partners, LP has volume of 152,616 shares. Since March 29, 2018 SMLP has declined 39.46% and is downtrending. SMLP underperformed the S&P 500 by 43.83%.

Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in North America.The firm is worth $725.55 million. The firm provides natural gas gathering, treating, and processing services.161.33 is the P/E ratio. It operates in five unconventional resource basins, including the Appalachian Basin, which comprises the Utica and Point Pleasant shale formations in southeastern Ohio, and the Marcellus Shale formation in northern West Virginia; the Williston Basin that consists the Bakken and Three Forks shale formations in northwestern North Dakota; the Fort Worth Basin, which includes the Barnett Shale formation in north-central Texas; the Piceance Basin that comprises the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado and eastern Utah; and the DJ Basin, which includes the Niobrara shale formation in northeastern Colorado.

For more Summit Midstream Partners, LP (NYSE:SMLP) news published recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Fool.com or Zacks.com. The titles are as follows: “Summit Midstream Partners (SMLP) CEO Steve Newby on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 03, 2018, “A 15% Yield For Patient Income Investors – Seeking Alpha” on June 30, 2018, “Readers Mention Meritorious March Dogcatcher Equities And Funds – Seeking Alpha” with a publish date: March 16, 2019, “This High-Yield Stock Is Working Hard to Cash In on the Fast-Growing Permian Basin – Motley Fool” and the last “Why the Earnings Surprise Streak Could Continue for Summit Midstream Partners, LP (SMLP) – Zacks.com” with publication date: January 30, 2019.

Summit Midstream Partners, LP (NYSE:SMLP) Institutional Investors Chart

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