Stock News

As Wageworks Ord (WAGE) Share Value Declined, Fny Managed Accounts Has Raised Stake; Argyll Research Stake in Tallgrass Energy Partners LP (TEP) Cut by $979,151 as Share Value Declined

Fny Managed Accounts Llc increased its stake in Wageworks Ord (WAGE) by 265.71% based on its latest 2017Q3 regulatory filing with the SEC. Fny Managed Accounts Llc bought 18,600 shares as the company’s stock declined 3.60% while stock markets rallied. The institutional investor held 25,600 shares of the miscellaneous company at the end of 2017Q3, valued at $1.55 million, up from 7,000 at the end of the previous reported quarter. Fny Managed Accounts Llc who had been investing in Wageworks Ord for a number of months, seems to be bullish on the $2.26B market cap company. The stock increased 0.62% or $0.35 during the last trading session, reaching $57. About 244,494 shares traded. WageWorks, Inc. (NYSE:WAGE) has risen 27.63% since February 18, 2017 and is uptrending. It has outperformed by 10.93% the S&P500.

Argyll Research Llc decreased its stake in Tallgrass Energy Partners Lp (TEP) by 11.11% based on its latest 2017Q3 regulatory filing with the SEC. Argyll Research Llc sold 20,833 shares as the company’s stock declined 5.30% while stock markets rallied. The institutional investor held 166,668 shares of the public utilities company at the end of 2017Q3, valued at $7.98M, down from 187,501 at the end of the previous reported quarter. Argyll Research Llc who had been investing in Tallgrass Energy Partners Lp for a number of months, seems to be less bullish one the $3.04B market cap company. The stock decreased 0.39% or $0.16 during the last trading session, reaching $41.12. About 653,686 shares traded or 57.75% up from the average. Tallgrass Energy Partners, LP (NYSE:TEP) has risen 2.55% since February 18, 2017 and is uptrending. It has underperformed by 14.15% the S&P500.

Among 11 analysts covering Tallgrass Energy Partners LP (NYSE:TEP), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Tallgrass Energy Partners LP had 49 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Tallgrass Energy Partners, LP (NYSE:TEP) has “Equal Weight” rating given on Monday, January 11 by Barclays Capital. Morgan Stanley maintained it with “Equal-Weight” rating and $57 target in Friday, November 17 report. The rating was maintained by RBC Capital Markets with “Buy” on Monday, April 24. As per Thursday, September 7, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Morgan Stanley on Friday, July 14 with “Equal-Weight”. The rating was upgraded by Deutsche Bank to “Buy” on Monday, April 18. Barclays Capital maintained Tallgrass Energy Partners, LP (NYSE:TEP) on Thursday, February 18 with “Equal-Weight” rating. On Monday, May 2 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The company was upgraded on Tuesday, January 9 by Citigroup. The rating was maintained by Scotia Capital on Monday, January 29 with “Buy”.

Analysts await Tallgrass Energy Partners, LP (NYSE:TEP) to report earnings on February, 21. They expect $0.68 earnings per share, up 13.33% or $0.08 from last year’s $0.6 per share. TEP’s profit will be $50.34M for 15.12 P/E if the $0.68 EPS becomes a reality. After $1.83 actual earnings per share reported by Tallgrass Energy Partners, LP for the previous quarter, Wall Street now forecasts -62.84% negative EPS growth.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.14, from 1.07 in 2017Q2. It is positive, as 10 investors sold TEP shares while 42 reduced holdings. 20 funds opened positions while 43 raised stakes. 43.51 million shares or 0.36% less from 43.67 million shares in 2017Q2 were reported. Atlantic Tru Group Inc Ltd Liability Corp holds 0.13% or 602,834 shares in its portfolio. 1,073 are held by Envestnet Asset Mngmt Incorporated. Stifel Fincl has invested 0.01% in Tallgrass Energy Partners, LP (NYSE:TEP). Manufacturers Life Insurance The owns 2,210 shares or 0% of their US portfolio. 1.29 million are held by Clearbridge Limited Liability Company. Cbre Clarion Ltd Liability Corporation owns 89,082 shares. Neuberger Berman Group Limited Liability holds 0% or 16,642 shares in its portfolio. Advisors Asset Management reported 0.01% in Tallgrass Energy Partners, LP (NYSE:TEP). Invesco accumulated 13,605 shares. The Ohio-based Fifth Third State Bank has invested 0% in Tallgrass Energy Partners, LP (NYSE:TEP). The Illinois-based Advisory Rech Incorporated has invested 1.36% in Tallgrass Energy Partners, LP (NYSE:TEP). Northwestern Mutual Wealth Com invested 0% of its portfolio in Tallgrass Energy Partners, LP (NYSE:TEP). Blair William And Il invested 0.01% of its portfolio in Tallgrass Energy Partners, LP (NYSE:TEP). New York-based Bnp Paribas Arbitrage has invested 0.01% in Tallgrass Energy Partners, LP (NYSE:TEP). Castleark Ltd Liability Company reported 54,603 shares.

Among 9 analysts covering WageWorks Inc (NYSE:WAGE), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. WageWorks Inc had 22 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 3 by Stifel Nicolaus. JMP Securities maintained it with “Market Outperform” rating and $70 target in Wednesday, August 10 report. Leerink Swann maintained WageWorks, Inc. (NYSE:WAGE) on Monday, April 4 with “Outperform” rating. The stock has “Buy” rating by Stifel Nicolaus on Thursday, November 9. Stifel Nicolaus maintained the shares of WAGE in report on Monday, July 17 with “Buy” rating. Needham maintained the stock with “Buy” rating in Thursday, November 10 report. The rating was maintained by SunTrust with “Buy” on Wednesday, October 4. The rating was maintained by Needham with “Buy” on Friday, November 6. The stock has “Buy” rating by Stifel Nicolaus on Thursday, June 9. The firm has “Market Perform” rating given on Monday, March 27 by Wells Fargo.

Leave a Reply

Your email address will not be published. Required fields are marked *