During Q2 2018 the big money sentiment decreased to 0.66. That’s change of 0.13, from 2018Q1’s 0.79. 38 investors sold all, 87 reduced holdings as BPL ratio dropped. 52 grew holdings while 30 funds acquired holdings. Funds hold 94.25 million shares thus 5.45% less from 2018Q1’s 99.68 million shares. Envestnet Asset Incorporated reported 2,465 shs stake. Narwhal stated it has 23,570 shs or 0.19% of all its holdings. Tower Ltd Liability Corp (Trc) holds 0% or 866 shs in its capital. Chem Fincl Bank reported 24,115 shs. Live Your Vision Ltd Liability has invested 0.01% in Buckeye Partners, L.P. (NYSE:BPL). Bokf Na reported 19,775 shs. Citigroup has invested 0.02% in Buckeye Partners, L.P. (NYSE:BPL). Macquarie Group Limited holds 115,800 shs. Westwood Mngmt Il invested 0.03% in Buckeye Partners, L.P. (NYSE:BPL). Moreover, Patten Grp has 0.01% invested in Buckeye Partners, L.P. (NYSE:BPL). Leavell Inv Mngmt stated it has 6,920 shs. Diversified Trust has 22,352 shs for 0.05% of their capital. Hilton Capital Mngmt Limited Liability Com stated it has 0% of its capital in Buckeye Partners, L.P. (NYSE:BPL). Peoples Financial Svcs Corporation holds 2,900 shs or 0.06% of its capital. Nuveen Asset Mngmt Limited has 0% invested in Buckeye Partners, L.P. (NYSE:BPL) for 11,576 shs.
BPL had 1 insider sale and 0 insider buys since May 22, 2018. This’s net activity of $429,380.
Apollo Management Holdings Lp reduced its stake by 93.19% in Buckeye Partners LP (BPL), according to 2018Q2 SEC form. By selling 1.72 million shares Apollo Management Holdings Lp made the stock popped up with 3.48%. At the end of 2018Q2, the institutional investor held 126,000 shares of the natural gas distribution company, priced at $4.43 million, down from 1.85M at the end of the previous reported quarter. $4.97 billion is the market cap of Buckeye Partners L P. Ticker’s shares touched $32.41 during the last trading session after 0.81% change.Buckeye Partners, L.P. is downtrending after having declined 32.49% since November 10, 2017. BPL has 1.75M volume or 89.24% up from normal. BPL underperformed the S&P500 by 48.11%.
Apollo Management Holdings Lp increased its stake in Nrg Yield Inc by 340,561 shares to 866,293 shares, valued at $14.90M in 2018Q2, according to the filing. It manages about $13.63 billion US Long portfolio. Apollo Management Holdings Lp has risen its stake in Gaming & Leisure Pptys Inc (NASDAQ:GLPI) and also increased its holding in Vici Pptys Inc by 438,594 shares in the quarter, for a total of 4.05M shares.
For more Buckeye Partners, L.P. (NYSE:BPL) news published briefly go to: Globenewswire.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Buckeye Partners, LP Announces Outcome of Strategic Review” published on November 02, 2018, “What GE, Owens & Minor And Budweiser Have In Common?” on November 09, 2018, “Buckeye Partners declares $0.75 dividend” with a publish date: November 02, 2018, “Buckeye Partners: The Pain May Be Over” and the last “Buckeye Partners LP (BPL) CEO Clark Smith on Q3 2018 Results – Earnings Call Transcript” with publication date: November 02, 2018.
Buckeye Partners, L.P. (NYSE:BPL) Ratings Coverage
In total 9 analysts cover Buckeye Partners (NYSE:BPL). “Buy” rating has 1, “Sell” are 1, while 7 are “Hold”. (NYSE:BPL) has 11% bullish analysts. 10 are the (NYSE:BPL)’s ratings reports on Nov 10, 2018 according to StockzIntelligence Inc. On Tuesday, July 24 the firm earned “Neutral” rating by Bank of America. The stock rating was downgraded by UBS to “Hold” on Tuesday, June 12. The stock rating was downgraded by SunTrust to “Sell” on Monday, July 23. On Wednesday, July 11 the firm has “Equal-Weight” rating given by Barclays Capital. The company rating was maintained by Morgan Stanley on Friday, June 1. The stock rating was maintained by JP Morgan with “Neutral” on Friday, August 24. On Monday, November 5 the firm has “Neutral” rating given by Bank of America. On Tuesday, July 31 Citigroup maintained Buckeye Partners, L.P. (NYSE:BPL) with “Neutral” rating. On Monday, August 6 the stock has “Buy” rating by Stifel Nicolaus.
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