Commonwealth Of Pennsylvania Public School Empls Retrmt Sys Decreased Ngl Energy Partners Lp (NYSE:NGL) Stake By $11.28 Million

February 23, 2018 - By Adrian Erickson

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.31, from 1.31 in 2017Q2. It is negative, as 11 investors sold NGL shares while 32 reduced holdings. 15 funds opened positions while 28 raised stakes. 74.43 million shares or 8.40% less from 81.25 million shares in 2017Q2 were reported. Cetera Advisor Networks Ltd Com owns 20,999 shares or 0.01% of their US portfolio. Bb&T Ltd Liability Corp holds 0% or 27,410 shares. Ballentine Ptnrs Ltd Com holds 34,130 shares. Rafferty Asset Mngmt Limited Liability Company invested in 223,453 shares. Oppenheimer Asset owns 0.01% invested in NGL Energy Partners LP (NYSE:NGL) for 21,395 shares. The Massachusetts-based Nbw Cap Ltd Co has invested 1.3% in NGL Energy Partners LP (NYSE:NGL). First Eagle Mngmt Limited Liability Company owns 1.96 million shares. Baldwin Brothers Ma invested 0.01% in NGL Energy Partners LP (NYSE:NGL). Kansas-based Creative Planning has invested 0% in NGL Energy Partners LP (NYSE:NGL). Deutsche National Bank Ag holds 38,613 shares or 0% of its portfolio. Hightower Advsrs Ltd Company invested in 28,497 shares. 2.45M are held by Eagle Advsr Ltd Llc. Cambridge Investment Research Advisors Inc owns 0% invested in NGL Energy Partners LP (NYSE:NGL) for 14,968 shares. Tph Asset Mngmt Ltd Liability reported 1.84% in NGL Energy Partners LP (NYSE:NGL). Susquehanna Gru Ltd Liability Partnership holds 0% of its portfolio in NGL Energy Partners LP (NYSE:NGL) for 128,694 shares.

Commonwealth Of Pennsylvania Public School Empls Retrmt Sys decreased its stake in Ngl Energy Partners Lp (NYSE:NGL) by 34.33% based on its latest 2017Q4 regulatory filing with the SEC. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys sold 805,525 shares as the company’s stock declined 31.90% while stock markets rallied. The institutional investor held 1.54M shares of the oil refining and marketing company at the end of 2017Q4, valued at $21.65 million, down from 2.35 million at the end of the previous reported quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys who had been investing in Ngl Energy Partners Lp for a number of months, seems to be less bullish one the $1.53 billion market cap company. The stock decreased 3.07% or $0.4 during the last trading session, reaching $12.65. About 1.50 million shares traded or 22.59% up from the average. NGL Energy Partners LP (NYSE:NGL) has risen 16.78% since February 23, 2017 and is uptrending. It has outperformed by 0.08% the S&P500.

Commonwealth Of Pennsylvania Public School Empls Retrmt Sys, which manages about $7.30 billion US Long portfolio, upped its stake in Snyders (NASDAQ:LNCE) by 250,121 shares to 262,526 shares, valued at $13.15M in 2017Q4, according to the filing. It also increased its holding in Energy Transfer Equity L P (NYSE:ETE) by 907,389 shares in the quarter, for a total of 11.51M shares, and has risen its stake in Plains All Amern Pipeline L (NYSE:PAA).

NGL Energy Partners LP (NYSE:NGL) Ratings Coverage

Among 11 analysts covering NGL ENERGY PARTNERS LP (NYSE:NGL), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. NGL ENERGY PARTNERS LP had 47 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Mkt Perform” on Thursday, June 8. The firm earned “Hold” rating on Tuesday, November 21 by Stifel Nicolaus. The firm earned “Buy” rating on Monday, June 13 by Wunderlich. The rating was upgraded by Bank of America to “Buy” on Tuesday, December 6. The stock of NGL Energy Partners LP (NYSE:NGL) has “Buy” rating given on Friday, May 26 by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, December 14 report. Stifel Nicolaus upgraded the stock to “Hold” rating in Tuesday, August 11 report. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, November 30. The company was maintained on Thursday, February 11 by Wunderlich. The company was upgraded on Friday, June 3 by Stifel Nicolaus.

NGL Energy Partners LP, through its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses in the United States. The company has market cap of $1.53 billion. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs. It currently has negative earnings. The Water Solutions segment is involved in the treatment and disposal of wastewater generated from natural gas and crude oil production operations; disposal of solids, such as tank bottoms, drilling fluids, and performs truck and frac tank washouts; and sale of recovered hydrocarbons.

More important recent NGL Energy Partners LP (NYSE:NGL) news were published by: Twst.com which released: “NGL Energy Partners LP: NGL Energy Partners Announces Quarterly Cash Distribution” on January 24, 2018, also Seekingalpha.com published article titled: “NGL Energy Partners: A Distribution Cut On The Cards?”, Businesswire.com published: “NGL Energy Partners LP Announces Timing of Fiscal 2018 Third Quarter Earnings …” on January 25, 2018. More interesting news about NGL Energy Partners LP (NYSE:NGL) was released by: Seekingalpha.com and their article: “NGL Energy Partners’ (NGL) CEO Michael Krimbill on Q3 2018 Results – Earnings …” with publication date: February 12, 2018.

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