As Targa Res Corp (TRGP) Shares Declined, Shareholder Salient Capital Advisors LLC Increased by $3.94 Million Its Stake

Big Money Sentiment increased to 1.28 in Q3 2018. It has change of 0.12, from 2018Q2’s 1.16. The ratio is positive due to TRGP positioning: 35 sold and 102 reduced. 59 funds acquired stakes and 117 increased stakes. Investors holded 201.41 million in 2018Q2 but now own 204.78 million shares or 1.67% more. California State Teachers Retirement System has 377,282 shs. Jpmorgan Chase And Communication owns 247,920 shs or 0% of their US capital. Highland Capital Mgmt LP holds 0.58% of its capital in Targa Resources Corp. (NYSE:TRGP) for 186,207 shs. Tortoise Advsr Limited Liability Co holds 2.87% or 8.74 million shs. Blackhill Cap holds 0.03% or 3,100 shs. Bessemer Grp has 0.02% invested in Targa Resources Corp. (NYSE:TRGP). Proshare Advsr Lc has invested 0% in Targa Resources Corp. (NYSE:TRGP). Huntington Bancorp has 0% invested in Targa Resources Corp. (NYSE:TRGP). Raab & Moskowitz Asset Management Ltd Com has invested 0% of its capital in Targa Resources Corp. (NYSE:TRGP). Three Peaks Capital Mgmt Lc holds 0.62% of its capital in Targa Resources Corp. (NYSE:TRGP) for 53,458 shs. Kings Point Capital Mgmt has invested 0% in Targa Resources Corp. (NYSE:TRGP). Caisse De Depot Et Placement Du Quebec holds 15,500 shs. Commercial Bank Of Ny Mellon holds 0.07% of its capital in Targa Resources Corp. (NYSE:TRGP) for 4.54 million shs. Kbc Nv reported 144,857 shs. Coldstream Cap Management reported 18,292 shs.

TRGP had 2 selling transactions and 1 insider purchase since August 20, 2018. This’s net activity of $119,151. Klein John Richard sold $54,740 worth of Targa Resources Corp. (NYSE:TRGP) on Thursday, August 23. $167,811 worth of Targa Resources Corp. (NYSE:TRGP) shs were sold by CRISP CHARLES R.

In Targa Res Corp (TRGP) was increased the stake owned by Salient Capital Advisors Llc. The reduction is 1.52% according to 2018Q3 SEC filling. The company’s stock sank 20.61% while Salient Capital Advisors Llc bought 70,422 shares. The public utilities company at the end of 2018Q3 was valued at $264.76 million. It’s up from 4.63M at the end of the previous reported quarter. Now it had 4.70M shares held by the institutional investor . $10.19 billion is Targa Res Corp’s market cap. Ticker’s shares touched $44.42 during the last trading session after 1.81% change.Currently Targa Resources Corp. is downtrending after 4.60% change in last February 14, 2018. TRGP has 1.63M shares volume. TRGP underperformed the S&P500 by 4.60%.

About $5.02 billion and $4.60B US Long portfolio Salient Capital Advisors Llc operates. It decreased its stake in Mplx Lp (NYSE:MPLX) by 826,316 shares to 6.62 million shares, valued at $229.62 million in 2018Q3, according to the filing. For a total of 2.43M shares it reduced its holding in Magellan Midstream Prtnrs Lp (NYSE:MMP) by 249,313 shares in the quarter, and has cut its stake in Shell Midstream Partners L P.

For more Targa Resources Corp. (NYSE:TRGP) news brought out recently go to: Globenewswire.com, Globenewswire.com, Seekingalpha.com, Fool.com or Globenewswire.com. The titles are as follows: “Targa Resources Corp. to Participate in Investor Conferences – GlobeNewswire” brought out on May 07, 2018, “Targa Resources Corp. Elects New Board Member – GlobeNewswire” on September 11, 2018, “Targa Resources: Poised For Strong Performance Due To Permian Growth – Seeking Alpha” with a publish date: August 30, 2018, “Can This High-Yield Stock Maintain Its Payout? – The Motley Fool” and the last “Targa Resources Partners LP Announces Monthly Distribution on Preferred Units – GlobeNewswire” with publication date: January 15, 2019.

Targa Resources Corp. (NYSE:TRGP) Ratings Coverage

Total analysts of 13 have positions in Targa Resources (NYSE:TRGP) as follows: 10 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 77%. Since August 17, 2018 according to StockzIntelligence Inc Targa Resources has 15 analyst reports. On Wednesday, October 17 the stock has “Strong Buy” rating by Raymond James. On Thursday, October 11 the firm has “Buy” rating given by Stifel Nicolaus. On Thursday, October 25 Bank of America upgraded Targa Resources Corp. (NYSE:TRGP) to “Buy” rating. On Tuesday, January 8 the company was maintained by UBS. On Thursday, November 29 the firm earned “Neutral” rating by Citigroup. On Friday, August 17 the company was maintained by Morgan Stanley. On Wednesday, August 29 the firm has “Equal-Weight” rating given by Barclays Capital. On Tuesday, January 29 the rating was upgraded by Seaport Global to “Buy”. On Tuesday, January 8 the company was upgraded by JP Morgan. On Tuesday, September 18 the stock of Targa Resources Corp. (NYSE:TRGP) has “Outperform” rating given by Wells Fargo.

Targa Resources Corp. (NYSE:TRGP) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.