Dimensional Fund Advisors LP lifted its stake in SemGroup Corp (NYSE:SEMG) by 16.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,645,268 shares of the pipeline company’s stock after purchasing an additional 667,217 shares during the quarter. Dimensional Fund Advisors LP owned 7.01% of SemGroup worth $133,552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Century Capital Management LLC purchased a new stake in shares of SemGroup in the second quarter worth approximately $651,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of SemGroup by 72.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,095,436 shares of the pipeline company’s stock worth $29,577,000 after purchasing an additional 460,800 shares in the last quarter. Legal & General Group Plc lifted its position in shares of SemGroup by 16.2% in the second quarter. Legal & General Group Plc now owns 64,179 shares of the pipeline company’s stock worth $1,733,000 after purchasing an additional 8,937 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of SemGroup by 6.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 348,922 shares of the pipeline company’s stock worth $9,421,000 after purchasing an additional 21,574 shares in the last quarter. Finally, OxFORD Asset Management LLP lifted its position in shares of SemGroup by 42.9% in the second quarter. OxFORD Asset Management LLP now owns 80,946 shares of the pipeline company’s stock worth $2,186,000 after purchasing an additional 24,286 shares in the last quarter. 98.00% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of SemGroup from a “hold” rating to a “sell” rating in a research report on Friday. SunTrust Banks set a $29.00 price objective on SemGroup and gave the stock a “buy” rating in a report on Thursday, November 16th. Wells Fargo & Company upgraded SemGroup from a “market perform” rating to an “outperform” rating in a report on Thursday. BidaskClub downgraded SemGroup from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th. Finally, Barclays restated a “hold” rating and issued a $32.00 price objective on shares of SemGroup in a report on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $31.00.

SemGroup Corp (NYSE:SEMG) opened at $27.80 on Friday. SemGroup Corp has a twelve month low of $21.35 and a twelve month high of $43.20. The company has a market capitalization of $2,199.24, a P/E ratio of 22.18 and a beta of 2.04. The company has a quick ratio of 1.01, a current ratio of 1.24 and a debt-to-equity ratio of 1.78.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, November 20th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, November 17th. This represents a $1.80 dividend on an annualized basis and a yield of 6.47%. SemGroup’s dividend payout ratio is currently -2,250.00%.

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About SemGroup

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Institutional Ownership by Quarter for SemGroup (NYSE:SEMG)

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