Semgroup (NYSE:SEMG) Has Lost a Vote of Confidence Today From BidaskScore. What Does This Ultimately Mean

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Investors sentiment increased to 1.7 in 2018 Q4. Its up 0.82, from 0.88 in 2018Q3. It improved, as 15 investors sold SemGroup Corporation shares while 32 reduced holdings. 25 funds opened positions while 55 raised stakes. 76.35 million shares or 0.55% more from 75.93 million shares in 2018Q3 were reported.

Bridgeway Capital Mgmt holds 312,500 shares. Cohen & Steers reported 93,331 shares. Kayne Anderson Capital L P stated it has 2.73M shares or 0.58% of all its holdings. Ubs Asset Mngmt Americas owns 52,032 shares. Amalgamated Commercial Bank invested in 0% or 10,402 shares. Invesco Ltd has invested 0% in SemGroup Corporation (NYSE:SEMG). Macquarie Group Inc reported 0% in SemGroup Corporation (NYSE:SEMG). Us Bancshares De holds 0% or 976 shares. Blackrock accumulated 5.62M shares. Susquehanna Intll Grp Inc Llp owns 23,527 shares for 0% of their portfolio. The Ohio-based Keybank National Association Oh has invested 0% in SemGroup Corporation (NYSE:SEMG). Prudential has 39,339 shares for 0% of their portfolio. California-based Assetmark has invested 0% in SemGroup Corporation (NYSE:SEMG). Dimensional Fund Advsr Lp, Texas-based fund reported 6.67 million shares. North Carolina-based Bankshares Of America De has invested 0% in SemGroup Corporation (NYSE:SEMG).

Since November 16, 2018, it had 1 insider purchase, and 0 insider sales for $248,550 activity.

Semgroup (NYSE:SEMG) Receives a Downgrade

Research professionals at the BidaskScore equities division downgraded the rating of Semgroup (NYSE:SEMG) shares to a “Sell” on 8 May.

SemGroup Corporation (NYSE:SEMG) Ratings Coverage

Among 5 analysts covering Semgroup (NYSE:SEMG), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Semgroup has $25 highest and $13 lowest target. $20.42’s average target is 66.56% above currents $12.26 stock price. Semgroup had 13 analyst reports since November 30, 2018 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, November 30. RBC Capital Markets maintained it with “Buy” rating and $19 target in Monday, March 18 report. SunTrust downgraded it to “Hold” rating and $18 target in Monday, January 14 report. The rating was downgraded by Barclays Capital to “Underweight” on Tuesday, April 16. The company was maintained on Monday, March 4 by BMO Capital Markets. The firm has “Hold” rating by BMO Capital Markets given on Friday, March 1. The firm has “Hold” rating given on Wednesday, March 13 by Barclays Capital. On Monday, February 25 the stock rating was maintained by UBS with “Buy”.

The stock decreased 2.47% or $0.31 during the last trading session, reaching $12.26. About 925,082 shares traded. SemGroup Corporation (NYSE:SEMG) has declined 32.46% since May 8, 2018 and is downtrending. It has underperformed by 36.83% the S&P500.

SemGroup Corporation provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants. The company has market cap of $975.06 million. The Company’s Crude Transportation segment operates crude oil pipelines and truck transportation businesses. It currently has negative earnings. This segment operates a 460-mile crude oil gathering and transportation pipeline system in Kansas and northern Oklahoma; a 75-mile crude oil gathering pipeline system that transports crude oil from production facilities in the DJ Basin to the pipeline owned by White Cliffs Pipeline, L.L.C.; a 527-mile pipeline that transports crude oil from Platteville, Colorado to Cushing, Oklahoma; and a 215-mile crude oil pipeline in western and north central Oklahoma, as well as crude oil trucking fleet of 225 transport trucks and 235 trailers.

More notable recent SemGroup Corporation (NYSE:SEMG) news were published by: Globenewswire.com which released: “SemGroup Announces Timing of Third Quarter 2018 Earnings Conference Call and Webcast – GlobeNewswire” on October 03, 2018, also Finance.Yahoo.com with their article: “Here’s What Hedge Funds Think About Iovance Biotherapeutics, Inc. (IOVA) – Yahoo Finance” published on May 03, 2019, Streetinsider.com published: “SemGroup (SEMG) Misses Q1 EPS by 35c, Revenues Miss; Affirms FY19 Adj. EBITDA Outlook – StreetInsider.com” on May 07, 2019. More interesting news about SemGroup Corporation (NYSE:SEMG) were released by: Globenewswire.com and their article: “SemGroup Declares Quarterly Dividends NYSE:SEMG – GlobeNewswire” published on April 30, 2019 as well as Zacks.com‘s news article titled: “Why Is SemGroup (SEMG) Down 7% Since Last Earnings Report? – Zacks.com” with publication date: March 29, 2019.

SemGroup Corporation (NYSE:SEMG) Institutional Positions Chart

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