Semgroup Corporation (NYSE:SEMG) is expected to pay $0.45 on Nov 28, 2016. The indicated annual dividend is $1.80. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Semgroup Corporation’s current price of $32.60, the dividend is 1.38%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 7, 2016. The stock decreased 2.25% or $0.75 during the last trading session, hitting $32.6. SemGroup Corp (NYSE:SEMG) has risen 26.95% since April 13, 2016 and is uptrending. It has outperformed by 23.02% the S&P500.
SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services. The company has a market cap of $2.15 billion.
Insitutional Activity: The institutional sentiment increased to 1.98 in 2016 Q2. Its up 1.03, from 0.95 in 2016Q1. The ratio increased, as 15 funds sold all SemGroup Corp shares owned while 39 reduced positions. 39 funds bought stakes while 68 increased positions. They now own 53.63 million shares or 20.01% more from 44.69 million shares in 2016Q1.
Schwab Charles Inv owns 226,747 shares or 0.01% of their US portfolio. Vollero Beach Prns Ltd holds 86,170 shares or 0.64% of its portfolio. Susquehanna Gp Llp has invested 0% of its portfolio in SemGroup Corp (NYSE:SEMG). Dimensional Fund Lp has invested 0.03% of its portfolio in SemGroup Corp (NYSE:SEMG). Cim Inv Mangement Incorporated reported 7,269 shares or 0.1% of all its holdings. Voya Invest Limited Liability Corp holds 0% or 20,271 shares in its portfolio. Price T Rowe Associates Inc Md, a Maryland-based fund reported 139,610 shares. Moreover, First Republic Management has 0.03% invested in SemGroup Corp (NYSE:SEMG) for 83,750 shares. The Ohio-based Meeder Asset Management has invested 0% in SemGroup Corp (NYSE:SEMG). California State Teachers Retirement Sys has 0.01% invested in the company for 92,913 shares. Raymond James Assocs last reported 37,604 shares in the company. Van Eck has 232 shares for 0% of their US portfolio. Vanguard Group Inc has invested 0.01% of its portfolio in SemGroup Corp (NYSE:SEMG). Tudor Inv Corp Et Al holds 0.04% of its portfolio in SemGroup Corp (NYSE:SEMG) for 53,305 shares. Acadian Asset Mgmt Ltd Company holds 0.01% of its portfolio in SemGroup Corp (NYSE:SEMG) for 36,237 shares.
SemGroup Corp (NYSE:SEMG) Ratings Coverage
Out of 8 analysts covering SemGroup (NYSE:SEMG), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. SemGroup has been the topic of 13 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Suntrust Robinson on Wednesday, June 15. The rating was initiated by Wells Fargo with “Outperform” on Monday, December 7. The stock of SemGroup Corp (NYSE:SEMG) has “Neutral” rating given on Tuesday, December 15 by Citigroup. Citigroup maintained the shares of SEMG in a report on Friday, April 8 with “Neutral” rating. RBC Capital Markets maintained SemGroup Corp (NYSE:SEMG) on Monday, August 10 with “Outperform” rating. The firm earned “Outperform” rating on Wednesday, November 11 by RBC Capital Markets. The stock of SemGroup Corp (NYSE:SEMG) earned “Neutral” rating by Citigroup on Thursday, November 3. As per Tuesday, August 2, the company rating was maintained by UBS. The firm earned “Outperform” rating on Tuesday, May 10 by RBC Capital Markets. On Thursday, August 25 the stock rating was initiated by Goldman Sachs with “Buy”.
More news for SemGroup Corp (NYSE:SEMG) were recently published by: Newsok.com, which released: “SemGroup Corp. agrees to merger proposal with Rose Rock Midstream” on June 01, 2016. Reuters.com‘s article titled: “BRIEF-SemGroup Corp announces stockholder approval of acquisition of Rose …” and published on September 29, 2016 is yet another important article.
SEMG Company Profile
SemGroup Corporation, incorporated on September 19, 2005, is a well-known provider of gathering, transportation, storage, distribution, marketing and other midstream services primarily to independent producers, refiners of petroleum products and other market participants located in the Midwest and Rocky Mountain regions of the United States and Canada. The Company’s divisions include Crude Transportation, Crude Facilities, Crude Supply and Logistics, SemStream, SemLogistics, SemCAMS, SemMexico and SemGas. The Firm maintains and operates storage, terminal and marine facilities at Milford Haven in the United Kingdom that enable clients to supply petroleum products to markets in the Atlantic Basin. It also operates a network of liquid asphalt cement terminals throughout Mexico.
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