Increase Profit with Technical Analysis for: Magellan Midstream Partners, LP (NYSE:MMP)

Cornelia Mascio
Aprile 17, 2018

It has underperformed by 58.75% the S&P500.

During 2017 Q4 the big money sentiment decreased to 0.76. It's down -0.14, from 0.9 in 2017Q3. Ameritas Invest Partners invested in 0% or 6,802 shares. Investors holded 134.51 million in 2017Q3 but now own 134.60 million shares or 0.07% more. On Friday, February 2 Bank of America maintained Magellan Midstream Partners, L.P. (NYSE:MMP) with "Buy" rating. Sold All: 35 Reduced: 186 Increased: 118 New Position: 49.

Since February 12, 2018, it had 0 buys, and 1 insider sale for $1.51 million activity. (NYSE:NWL) to report earnings on May, 14. Cibc Asset Mngmt holds 0% of its capital in Magellan Midstream Partners, L.P. (NYSE:MMP) for 7,560 shs. Magellan Midstream Partners L.P. had 66 analyst reports since August 7, 2015 according to SRatingsIntel.

Sandy Spring Bankshares invested in 0.41% or 63,435 shs. Its down 0.21, from 1.14 in 2017Q3. It dived, as 115 investors sold CVS shares while 600 reduced holdings. 431.52 million shares or 2.56% less from 442.84 million shares in 2017Q3 were reported. Raub Brock Cap Mgmt Ltd Partnership accumulated 179,137 shs or 3.15% of the stock. Jnba Advsr owns 6,335 shares for 0.1% of their portfolio.

Wellington Shields Capital Management Llc decreased its stake in Newell Brands Inc (NWL) by 50.97% based on its latest 2017Q4 regulatory filing with the SEC. Monetary Mngmt Group holds 0.06% or 2,000 shs in its capital. Manufacturers Life Ins Communication The has invested 0.38% in CVS Health Corporation (NYSE:CVS). Gilman Hill Asset Lc has 1.29% invested in Magellan Midstream Partners, L.P. (NYSE:MMP). Delta Asset Management Ltd Co Tn reported 1,375 shares.

Morgan Stanley Emerging Markets Fund Inc (MSF) investors sentiment increased to 1.25 in Q4 2017. Lee Danner Bass holds 39,781 shares. Cleararc holds 0.25% or 25,817 shares in its portfolio. Mgmt Professionals reported 0% stake. Meridian Inv Counsel Incorporated has invested 0.46% in CVS Health Corporation (NYSE:CVS).

Arcus Biosciences, Inc., a clinical-stage biopharmaceutical company, engages in developing and commercializing cancer immunotherapies in the United States. Therefore 73% are positive. Since November 5, 2017 according to StockzIntelligence Inc Magellan Midstream has 15 analyst reports. RBC Capital Markets maintained the stock with "Hold" rating in Sunday, October 1 report. Stifel Nicolaus has "Hold" rating and $69.0 target. UBS boosted their price objective on Magellan Midstream Partners from $80.00 to $81.00 and gave the company a "buy" rating in a research note on Friday, March 2nd. The company rating was maintained by UBS on Friday, March 2. Mizuho downgraded the stock to "Underperform" rating in Monday, July 10 report. JP Morgan maintained Magellan Midstream Partners, L.P. (NYSE:MMP) rating on Tuesday, March 13. Bank of America assumed coverage on shares of Magellan Midstream Partners in a report on Tuesday, January 9th. Perigon Wealth Mngmt Llc invested 0.02% in Magellan Midstream Partners, L.P. (NYSE:MMP).

Center Coast Capital Advisors Lp increased Nustar Energy Lp (NYSE:NS) stake by 306,958 shares to 4.96 million valued at $148.68 million in 2017Q4. Moreover, Cornerstone Advisors Inc has 0.21% invested in the company for 103,771 shares. The Colorado-based Alps Advisors Inc has invested 7.3% in the stock. Comerica Bank & Trust, a Michigan-based fund reported 15,517 shares. Tracking current stock price levels in relation to some other popular moving averages, we have noted that the stock is trading 2.14% away from the 50-day MA and 8.18% off of the 20-day MA. It also upped Boardwalk Pipeline Partners (NYSE:BWP) stake by 1.40M shares and now owns 1.40 million shares. Goldman Sachs Group Inc upgraded shares of Magellan Midstream Partners, L.P. from a "neutral" rating to a "buy" rating and raised their target price for the company from $76.00 to $85.00 in a research note on Thursday, December 15th. MMP underperformed the S&P500 by 36.00%. Tortoise Capital Advisors L.L.C. lifted its stake in Magellan Midstream Partners by 5.3% in the third quarter. Tiedemann Wealth Management Llc who had been investing in Magellan Midstream Prtnrs Lp for a number of months, seems to be bullish on the $14.50 billion market cap company. The company operates through Refined Products, Crude Oil, and Marine Storage segments. The firm has a market cap of $14,200.59, a price-to-earnings ratio of 16.33, a P/E/G ratio of 2.50 and a beta of 0.72. It operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent refiners and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, bio-fuel producers, and regional farm cooperatives; and provides services, including terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers.

Ratings analysis reveals 40% of Magellan Midstream's analysts are positive. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company's stock. The 52-week low is presently set up at 17.75%, while the 52-week high now stands at. The stock was sold at an average price of $68.03, for a total value of $1,513,735.53. MMP was included in 5 notes of analysts from August 18, 2016. On Friday, February 2 the stock has "Hold" rating by Stifel Nicolaus. The firm's stock performance of this week stands at 6.55%, while the stock performance for the whole month is projected at 5.39%. The rating was initiated by Ladenburg Thalmann with "Buy" on Monday, December 19. On Tuesday, February 27 Decker Edward P. sold $3.31 million worth of The Home Depot, Inc. As per Friday, January 15, the company rating was upgraded by Longbow.

Magellan Midstream Partners, L.P. (MMP) stock performances are showing how it is seen by investors in the markets as well as what they should expect from it. NWL's profit will be $135.98 million for 22.96 P/E if the $0.28 EPS becomes a reality.

Magellan Midstream Partners, L.P. (MMP) stock is Overbought or Oversold?

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