Analysts See $0.59 EPS for Buckeye Partners, L.P. (BPL) on May, 3

Buckeye Partners, L.P. (NYSE:BPL) Corporate Logo
During 2018 Q4 the big money sentiment decreased to 0.45. That’s change of 0.30, from 2018Q3’s 0.75. 41 investors sold all, 78 reduced holdings as Buckeye Partners, L.P. ratio dropped. 35 increased holdings while 18 funds bought holdings. Funds hold 101.38 million shares thus 4.93% less from 2018Q3’s 106.64 million shares.
Community Bankshares Na invested in 300 shs or 0% of the stock. Cadence Management Limited Co invested 1.05% in Buckeye Partners, L.P. (NYSE:BPL). Sg Americas Secs Ltd Co, New York-based fund reported 28,510 shs. West Family Investments Inc owns 0.76% invested in Buckeye Partners, L.P. (NYSE:BPL) for 101,963 shs. Cypress Capital Mgmt Lc (Wy) reported 0.06% in Buckeye Partners, L.P. (NYSE:BPL). Parallax Volatility Advisers Lp holds 0% of its capital in Buckeye Partners, L.P. (NYSE:BPL) for 24,259 shs. Captrust Financial Advisors stated it has 0.03% of its capital in Buckeye Partners, L.P. (NYSE:BPL). Wade G W And has invested 0.06% in Buckeye Partners, L.P. (NYSE:BPL). Cohen & Steers reported 0.06% in Buckeye Partners, L.P. (NYSE:BPL). Keybank Association Oh has invested 0.01% in Buckeye Partners, L.P. (NYSE:BPL). Green Square Limited Liability Company reported 0.36% stake. Bremer Trust National Association has 470 shs. Chickasaw Capital Mgmt Ltd Limited Liability Company holds 5.92M shs. 333,600 are held by Engy Income Ptnrs Lc. The New York-based Kings Point Mgmt has invested 0% in Buckeye Partners, L.P. (NYSE:BPL).

Buckeye Partners, L.P. registered $17,743 net activity with 0 insider purchases and 1 sale since November 6, 2018.

Investors wait Buckeye Partners, L.P. (NYSE:BPL)’s quarterly earnings on May, 3., according to Zacks. The EPS diference is $0.15 or 20.27 % down from last years number. Previous year: $0.74; Analysts forcast: $0.59. If EPS of $0.59 is announced the profit of BPL could reach $94.70M giving it 14.34 P/E. After $0.90 EPS was announced last quarter, analysts now see negative EPS growth of -34.44 % for Buckeye Partners, L.P.. BPL hit $33.85 during the last trading session after $0.15 change.Buckeye Partners, L.P. has 921,150 shares volume, 0.15% up from normal. BPL is downtrending and has moved 26.75% since April 16, 2018. BPL underperformed the S&P500 by 31.12%.

Buckeye Partners, L.P. (NYSE:BPL) Ratings Coverage

In total 7 analysts cover Buckeye Partners (NYSE:BPL). “Buy” rating has 2, “Sell” are 1, while 4 are “Hold”. 29% are bullish. 9 are the (NYSE:BPL)’s analyst reports since November 5, 2018 according to StockzIntelligence Inc. On Wednesday, March 13 J.P. Morgan maintained Buckeye Partners, L.P. (NYSE:BPL) rating. J.P. Morgan has “Hold” rating and $40 target. On Friday, March 8 UBS upgraded the shares of BPL in report to “Buy” rating. On Monday, March 11 the stock of Buckeye Partners, L.P. (NYSE:BPL) earned “Hold” rating by Mizuho. On Thursday, January 3 the firm has “Sell” rating given by Goldman Sachs. On Tuesday, February 19 the rating was maintained by Barclays Capital with “Buy”. On Monday, November 5 the stock of Buckeye Partners, L.P. (NYSE:BPL) earned “Neutral” rating by Bank of America. On Wednesday, January 16 the rating was upgraded by Barclays Capital to “Overweight”. On Thursday, November 29 the stock has “Neutral” rating by Citigroup.

Buckeye Partners, L.P. owns and operates liquid petroleum products pipelines in the United States.The company has $5.43 billion market cap. The firm operates through three divisions: Domestic Pipelines & Terminals, Global Marine Terminals, and Merchant Services.Last it reported negative earnings. The Domestic Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, diesel fuel, heating oil, and kerosene; refined petroleum products, such as propane and butane, refinery feedstock, and blending components; and crude oil.

For more Buckeye Partners, L.P. (NYSE:BPL) news brought out recently go to: Globenewswire.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Globenewswire.com. The titles are as follows: “Buckeye Partners, L.P. Announces Outcome of Strategic Review – GlobeNewswire” brought out on November 02, 2018, “Buckeye Partners: The Pain May Be Over – Seeking Alpha” on November 07, 2018, “Buckeye Partners -6% after Q3 results; to sell VTTI stake for $975M – Seeking Alpha” with a publish date: November 02, 2018, “FERC clears EPIC pipeline rates, three others caught in backlog – Seeking Alpha” and the last “Buckeye Partners Takes Additional Steps Toward Bi-Directional Laurel Service – GlobeNewswire” with publication date: April 05, 2019.

Buckeye Partners, L.P. (NYSE:BPL) Institutional Investors Chart

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