American Midstream Partners, LP (AMID) Position Held by Eagle Global Advisors LLC

Eagle Global Advisors LLC held its position in American Midstream Partners, LP (NYSE:AMID) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,000 shares of the pipeline company’s stock at the end of the second quarter. Eagle Global Advisors LLC’s holdings in American Midstream Partners, were worth $128,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Regent Investment Management LLC raised its stake in shares of American Midstream Partners, by 10.0% in the second quarter. Regent Investment Management LLC now owns 11,000 shares of the pipeline company’s stock worth $141,000 after buying an additional 1,000 shares in the last quarter. Clearbridge Investments LLC acquired a new position in shares of American Midstream Partners, during the first quarter valued at approximately $6,517,000. Goldman Sachs Group Inc. increased its position in shares of American Midstream Partners, by 69.8% in the first quarter. Goldman Sachs Group Inc. now owns 25,133 shares of the pipeline company’s stock valued at $373,000 after buying an additional 10,329 shares in the last quarter. Bank of America Corp DE increased its position in shares of American Midstream Partners, by 13.1% in the first quarter. Bank of America Corp DE now owns 616,348 shares of the pipeline company’s stock valued at $9,153,000 after buying an additional 71,288 shares in the last quarter. Finally, Allen Investment Management LLC purchased a new stake in American Midstream Partners, during the first quarter valued at about $531,000. 44.09% of the stock is currently owned by institutional investors.

Shares of American Midstream Partners, LP (NYSE AMID) traded up 3.07% during trading on Friday, reaching $13.45. The company’s stock had a trading volume of 88,068 shares. The company’s market capitalization is $708.99 million. The firm’s 50-day moving average price is $13.67 and its 200-day moving average price is $14.27. American Midstream Partners, LP has a one year low of $11.10 and a one year high of $18.45.

American Midstream Partners, (NYSE:AMID) last issued its earnings results on Tuesday, August 8th. The pipeline company reported ($0.72) earnings per share for the quarter, missing the consensus estimate of ($0.33) by $0.39. The company had revenue of $193.63 million for the quarter. On average, equities analysts anticipate that American Midstream Partners, LP will post ($1.84) earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Monday, August 7th were issued a dividend of $0.412 per share. This represents a $1.65 annualized dividend and a dividend yield of 12.25%. The ex-dividend date of this dividend was Thursday, August 3rd.

ILLEGAL ACTIVITY WARNING: This report was published by BNB Daily and is owned by of BNB Daily. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.baseball-news-blog.com/2017/08/19/eagle-global-advisors-llc-has-128000-position-in-american-midstream-partners-lp-amid-updated.html.

Several equities analysts have weighed in on AMID shares. ValuEngine cut American Midstream Partners, from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Royal Bank Of Canada restated a “buy” rating and set a $18.00 price objective on shares of American Midstream Partners, in a research report on Monday, July 24th. Finally, Zacks Investment Research upgraded American Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. American Midstream Partners, presently has a consensus rating of “Buy” and an average target price of $17.75.

American Midstream Partners, Company Profile

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company provides midstream infrastructure that links producers of natural gas, crude oil, natural gas liquids (NGLs), condensate and specialty chemicals to numerous intermediate and end-use markets.

Institutional Ownership by Quarter for American Midstream Partners, (NYSE:AMID)

Receive News & Ratings for American Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Midstream Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply