Dominion Energy Midstream Partners (DM) PT Raised to $18.00 at Morgan Stanley
Dominion Energy Midstream Partners (NYSE:DM) had its price objective lifted by Morgan Stanley from $17.00 to $18.00 in a research report sent to investors on Friday morning. Morgan Stanley currently has a hold rating on the pipeline company’s stock.
A number of other equities analysts have also weighed in on DM. Zacks Investment Research lowered shares of Dominion Energy Midstream Partners from a buy rating to a hold rating in a research report on Wednesday, July 11th. Citigroup lowered shares of Dominion Energy Midstream Partners from a buy rating to a neutral rating and set a $17.00 price target on the stock. in a research report on Thursday, September 20th. Finally, Stifel Nicolaus boosted their price target on shares of Dominion Energy Midstream Partners from $13.00 to $15.00 and gave the stock a hold rating in a research report on Monday, July 9th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the company. Dominion Energy Midstream Partners has a consensus rating of Hold and a consensus price target of $23.67.
Shares of NYSE DM opened at $17.80 on Friday. Dominion Energy Midstream Partners has a 52-week low of $12.55 and a 52-week high of $34.85. The stock has a market capitalization of $2.27 billion, a PE ratio of 13.29 and a beta of 1.97. The company has a current ratio of 1.42, a quick ratio of 1.24 and a debt-to-equity ratio of 0.13.
Large investors have recently bought and sold shares of the business. Icon Wealth Partners LLC boosted its holdings in Dominion Energy Midstream Partners by 89.6% in the 1st quarter. Icon Wealth Partners LLC now owns 7,557 shares of the pipeline company’s stock valued at $116,000 after purchasing an additional 3,571 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in Dominion Energy Midstream Partners in the 2nd quarter valued at about $150,000. Tower Research Capital LLC TRC acquired a new position in Dominion Energy Midstream Partners in the 2nd quarter valued at about $194,000. Lake Street Advisors Group LLC acquired a new position in Dominion Energy Midstream Partners in the 2nd quarter valued at about $228,000. Finally, GSA Capital Partners LLP acquired a new position in Dominion Energy Midstream Partners in the 2nd quarter valued at about $381,000. Institutional investors own 30.22% of the company’s stock.
Dominion Energy Midstream Partners Company Profile
Dominion Energy Midstream Partners, LP owns liquefied natural gas (LNG) terminalling, storage, regasification, and transportation assets. It owns and operates LNG terminalling and storage facility located on the Chesapeake Bay in Lusby, Maryland. The company also operates an interstate pipeline in South Carolina and southeastern Georgia comprising natural gas system consisting of approximately 1,500 miles of transmission pipeline and 5 compressor stations with approximately 34,500 installed compressor horsepower.
Recommended Story: Market Capitalization and Individual Investors
Receive News & Ratings for Dominion Energy Midstream Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dominion Energy Midstream Partners and related companies with MarketBeat.com's FREE daily email newsletter.