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Genesis Energy, L.P. (GEL) Reaches $23.19 After 7.00% Down Move; CBS (CBS) Covered By 29 Bulls

Genesis Energy, L.P. (NYSE:GEL) Logo

Among 39 analysts covering CBS Corp (NYSE:CBS), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. CBS Corp had 121 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of CBS Corporation (NYSE:CBS) has “Outperform” rating given on Monday, August 10 by Barrington Research. The stock of CBS Corporation (NYSE:CBS) earned “Buy” rating by Nomura on Thursday, March 30. The stock of CBS Corporation (NYSE:CBS) has “Buy” rating given on Wednesday, August 23 by Citigroup. The stock of CBS Corporation (NYSE:CBS) has “Buy” rating given on Wednesday, April 25 by BMO Capital Markets. On Sunday, August 16 the stock rating was maintained by Barclays Capital with “Hold”. The stock of CBS Corporation (NYSE:CBS) has “Buy” rating given on Tuesday, August 8 by Benchmark. The firm earned “Outperform” rating on Friday, November 3 by Credit Suisse. The stock has “Neutral” rating by UBS on Wednesday, November 4. Citigroup maintained CBS Corporation (NYSE:CBS) on Thursday, February 22 with “Buy” rating. The stock of CBS Corporation (NYSE:CBS) earned “Equal-Weight” rating by Barclays Capital on Friday, August 11. See CBS Corporation (NYSE:CBS) latest ratings:

21/05/2018 Broker: Bernstein Rating: Buy New Target: $65.0000 Upgrade
17/05/2018 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
15/05/2018 Broker: Bernstein Old Rating: Market Perform New Rating: Outperform Upgrade
04/05/2018 Broker: Wells Fargo Rating: Hold Maintain
25/04/2018 Broker: BMO Capital Markets Rating: Buy New Target: $65.0000 Maintain
16/04/2018 Broker: Barrington Rating: Buy New Target: $73.0000
03/04/2018 Broker: KeyBanc Capital Markets Rating: Hold Maintain
28/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $71 New Target: $61 Maintain
16/03/2018 Broker: Loop Capital Rating: Buy New Target: $75 Initiates Coverage On
22/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $75 New Target: $71 Maintain

The stock of Genesis Energy, L.P. (NYSE:GEL) is a huge mover today! The stock decreased 2.11% or $0.5 during the last trading session, reaching $23.19. About 132,594 shares traded. Genesis Energy, L.P. (NYSE:GEL) has declined 32.24% since June 13, 2017 and is downtrending. It has underperformed by 44.81% the S&P500. Some Historical GEL News: ; 28/03/2018 – Genesis Premieres the 2019 G70 at the New York International Auto Show; 26/04/2018 – Futura Medical Plans Phase 3 Clinical Trial of ED Gel; 19/04/2018 – B. Braun to Introduce 1-Ounce ProntosanĀ® Wound Gel X at SAWC; 21/05/2018 – BANK OF GEORGIA – RETAIL BANKING REVENUE REACHED GEL 170.7MLN IN 1Q18, UP 20.9% Y-O-Y, BUT DOWN 3.0% Q-O-Q DUE TO SEASONALITY; 28/03/2018 – SDS Poly Acrylamide Gel Electrophoresis Market to Reach US$ 559 Mn by 2025 – Persistence Market Research; 22/05/2018 – SHAREHOLDER GENESIS INVESTMENT MANAGEMENT BUYS 5.6 PCT STAKES IN SOK MARKETLER SOKM.IS – KAP; 17/05/2018 – Genesis Global Trading Granted BitLicense in New York State; 18/04/2018 – Origin Successfully Achieves Phase IIb GENESIS Trial Objectives Ahead of Schedule and Announces Early Termination of Study; 10/04/2018 – South Korean Tennis Star Chung Wins Genesis Endorsement Deal; 18/03/2018 – Canon Medical Systems’ Aquilion ONE / GENESIS Edition Delivers Full Suite of Acute Stroke SolutionsThe move comes after 6 months negative chart setup for the $2.84B company. It was reported on Jun, 13 by Barchart.com. We have $21.57 PT which if reached, will make NYSE:GEL worth $199.01 million less.

Investors sentiment increased to 0.68 in 2018 Q1. Its up 0.09, from 0.59 in 2017Q4. It increased, as 79 investors sold CBS Corporation shares while 232 reduced holdings. 62 funds opened positions while 151 raised stakes. 218.74 million shares or 3.33% less from 226.28 million shares in 2017Q4 were reported. Lenox Wealth Mgmt owns 0.01% invested in CBS Corporation (NYSE:CBS) for 372 shares. 80,000 were accumulated by Redwood Cap Limited Co. Edge Wealth Mngmt Limited Liability reported 0% stake. Westwood Holdings Gru holds 0.02% or 56,406 shares. Ubs Asset Americas Incorporated holds 1.31 million shares or 0% of its portfolio. Jpmorgan Chase And Communication holds 6.52 million shares or 0.07% of its portfolio. Ingalls Snyder Ltd Liability reported 0.02% stake. Fragasso Gp has invested 0.27% in CBS Corporation (NYSE:CBS). Archford Strategies Limited Liability holds 320 shares. Intact reported 0.01% of its portfolio in CBS Corporation (NYSE:CBS). Ameritas Inv accumulated 0.02% or 7,178 shares. Everence Capital Mngmt Inc owns 4,421 shares. Dupont Capital Corporation invested in 2,570 shares or 0% of the stock. Ny State Common Retirement Fund holds 854,297 shares. Mckinley Carter Wealth Services Incorporated invested in 108 shares or 0% of the stock.

Since December 13, 2017, it had 0 buys, and 14 insider sales for $62.07 million activity. MOONVES LESLIE had sold 85,000 shares worth $4.89 million on Wednesday, December 13. 10,000 shares were sold by Anschell Jonathan, worth $510,545 on Friday, May 25. 47,871 shares valued at $2.87 million were sold by Ianniello Joseph R on Thursday, January 25.

The stock increased 4.12% or $2.16 during the last trading session, reaching $54.54. About 3.78M shares traded or 0.05% up from the average. CBS Corporation (NYSE:CBS) has declined 17.26% since June 13, 2017 and is downtrending. It has underperformed by 29.83% the S&P500. Some Historical CBS News: ; 13/03/2018 – New York Post: Elton John tribute concert heading to CBS next month; 16/05/2018 – NATIONAL AMUSEMENTS SAYS PROPOSED CBS DIVIDEND THAT WOULD DILUTE VOTING CONTROL OF REDSTONE FAMILY CONSTITUTES A BREACH OF FIDUCIARY DUTY BY CBS AND WOULD BE INVALID; 23/05/2018 – CBS FILES AMENDED SUIT CHALLENGING REDSTONE FAMILY BYLAW CHANGE; 25/04/2018 – VIACOM: WON’T ANSWER QUESTIONS ABOUT CBS MERGER PROCESS; 02/05/2018 – WBZ | CBS Boston News: #BREAKING: Southwest Airlines plane with cracked window makes emergency landing in Cleveland; 19/04/2018 – HEDGE accordingly : Recap | Viacom asks CBS to raise its bid by $2.8 billion; 17/05/2018 – CBS News’ 60 Minutes Interviews Dr. Duane Priddy for Gynecological Polypropylene Mesh Investigation; 04/05/2018 – Charlie Rose and CBS News Face Sexual-Misconduct Lawsuit; 16/03/2018 – Kyle Griffin: Two sources tell CBS News that John Kelly could resign as early as today; 29/03/2018 – CBS, VIACOM ARE SAID MOVING TOWARD DEAL IN SECOND QUARTER: CNBC

More notable recent CBS Corporation (NYSE:CBS) news were published by: Globenewswire.com which released: “Analysis: Positioning to Benefit within Cars, Iconix Brand Group, NRG Yield, Aramark, CBS, and Live Nation …” on June 13, 2018, also Seekingalpha.com with their article: “Aftermarket trade ripples run wide from AT&T/Time Warner decision” published on June 12, 2018, Bizjournals.com published: “Managed by Q inks second M&A deal” on June 13, 2018. More interesting news about CBS Corporation (NYSE:CBS) were released by: 247Wallst.com and their article: “CBS Shareholders Ask Where Their Yachts Are” published on May 18, 2018 as well as Seekingalpha.com‘s news article titled: “CBS investor files suit against Redstone, NAI” with publication date: June 01, 2018.

CBS Corporation operates as a mass media firm worldwide. The company has market cap of $20.68 billion. The firm operates through four divisions: Entertainment, Cable Networks, Publishing, and Local Media. It has a 61.91 P/E ratio. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces, acquires, and distributes theatrical motion pictures; and digital streaming services.

Since December 19, 2017, it had 2 insider purchases, and 1 insider sale for $570,400 activity. Gaspard Garland G had sold 700 shares worth $14,399. Shares for $334,800 were bought by JASTROW KENNETH M II on Tuesday, December 19. 12,525 Genesis Energy, L.P. (NYSE:GEL) shares with value of $249,999 were bought by Flynn Edward T.

Among 14 analysts covering Genesis Energy LP (NYSE:GEL), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Genesis Energy LP had 42 analyst reports since July 21, 2015 according to SRatingsIntel. Janney Capital initiated the stock with “Buy” rating in Thursday, October 22 report. Robert W. Baird maintained Genesis Energy, L.P. (NYSE:GEL) rating on Friday, February 16. Robert W. Baird has “Buy” rating and $27.0 target. Robert W. Baird maintained it with “Neutral” rating and $35 target in Thursday, July 13 report. RBC Capital Markets maintained it with “Hold” rating and $34.0 target in Monday, September 25 report. The firm has “Sector Perform” rating given on Friday, February 17 by RBC Capital Markets. The stock of Genesis Energy, L.P. (NYSE:GEL) earned “Hold” rating by RBC Capital Markets on Friday, February 16. The company was maintained on Thursday, August 4 by UBS. The stock has “Neutral” rating by Credit Suisse on Friday, November 4. The firm earned “Equal-Weight” rating on Monday, November 6 by Barclays Capital. The firm has “Buy” rating given on Thursday, September 14 by Robert W. Baird.

Genesis Energy, L.P. operates in the midstream segment of the natural gas and crude oil industry. The company has market cap of $2.84 billion. It operates through four divisions: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. It has a 114.8 P/E ratio. The Offshore Pipeline Transportation segment engages in the pipeline transportation and processing of natural gas and crude oil.

Analysts await Genesis Energy, L.P. (NYSE:GEL) to report earnings on August, 1. They expect $0.18 earnings per share, down 35.71% or $0.10 from last year’s $0.28 per share. GEL’s profit will be $22.07M for 32.21 P/E if the $0.18 EPS becomes a reality. After $0.22 actual earnings per share reported by Genesis Energy, L.P. for the previous quarter, Wall Street now forecasts -18.18% negative EPS growth.

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.10, from 1 in 2017Q4. It is negative, as 18 investors sold Genesis Energy, L.P. shares while 41 reduced holdings. 13 funds opened positions while 40 raised stakes. 85.91 million shares or 1.88% less from 87.56 million shares in 2017Q4 were reported. State Bank Of America Corporation De holds 833,164 shares or 0% of its portfolio. Selz Capital Lc holds 345,000 shares. Asset Mgmt Inc accumulated 86,829 shares or 0.03% of the stock. Barclays Public Ltd Company reported 0% stake. Harvest Fund Advsr Limited Liability Corp invested in 0.22% or 977,607 shares. Ontario – Canada-based Toronto Dominion Bankshares has invested 0% in Genesis Energy, L.P. (NYSE:GEL). Tortoise Advsr Ltd Liability Com invested 0% in Genesis Energy, L.P. (NYSE:GEL). Rafferty Asset Management Lc holds 104,753 shares. Oppenheimer Asset holds 20,997 shares. Evergreen Llc holds 0.21% in Genesis Energy, L.P. (NYSE:GEL) or 109,800 shares. State Of New Jersey Common Pension Fund D reported 0.02% stake. Bb&T Secs Ltd Co stated it has 36,956 shares. Bnp Paribas Arbitrage Sa holds 0% or 23,156 shares in its portfolio. Argent Trust Co has 1.78% invested in Genesis Energy, L.P. (NYSE:GEL) for 329,325 shares. Blair William And Il stated it has 0.01% in Genesis Energy, L.P. (NYSE:GEL).

CBS Corporation (NYSE:CBS) Institutional Positions Chart

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