Mraz Amerine & Associates Inc. increased its position in shares of Boardwalk Pipeline Partners L.P. (NYSE:BWP) by 4.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 134,992 shares of the pipeline company’s stock after acquiring an additional 5,217 shares during the quarter. Boardwalk Pipeline Partners L.P. makes up approximately 0.6% of Mraz Amerine & Associates Inc.’s holdings, making the stock its 27th biggest holding. Mraz Amerine & Associates Inc. owned approximately 0.05% of Boardwalk Pipeline Partners L.P. worth $1,984,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Atlantic Trust Group LLC boosted its position in Boardwalk Pipeline Partners L.P. by 9.0% during the second quarter. Atlantic Trust Group LLC now owns 4,096,632 shares of the pipeline company’s stock worth $73,780,000 after acquiring an additional 339,460 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Boardwalk Pipeline Partners L.P. by 3.8% during the second quarter. Goldman Sachs Group Inc. now owns 3,806,459 shares of the pipeline company’s stock worth $68,554,000 after acquiring an additional 140,629 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Boardwalk Pipeline Partners L.P. by 3.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,940,534 shares of the pipeline company’s stock worth $34,949,000 after acquiring an additional 73,627 shares during the last quarter. California Public Employees Retirement System boosted its position in Boardwalk Pipeline Partners L.P. by 4.3% during the second quarter. California Public Employees Retirement System now owns 240,100 shares of the pipeline company’s stock worth $4,324,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Cbre Clarion Securities LLC acquired a new stake in Boardwalk Pipeline Partners L.P. during the second quarter worth approximately $1,913,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

Shares of Boardwalk Pipeline Partners L.P. (NYSE BWP) traded down $0.03 on Friday, hitting $14.55. 882,400 shares of the company’s stock were exchanged, compared to its average volume of 1,276,166. The firm has a market cap of $3,641.81, a price-to-earnings ratio of 10.62 and a beta of 0.74. Boardwalk Pipeline Partners L.P. has a 52 week low of $13.40 and a 52 week high of $18.95. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.56 and a current ratio of 0.56.

Boardwalk Pipeline Partners L.P. (NYSE:BWP) last announced its quarterly earnings results on Monday, October 30th. The pipeline company reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.01. The company had revenue of $300.50 million for the quarter, compared to analyst estimates of $324.85 million. Boardwalk Pipeline Partners L.P. had a net margin of 22.50% and a return on equity of 7.55%. Boardwalk Pipeline Partners L.P.’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter last year, the business earned $0.19 EPS. equities research analysts anticipate that Boardwalk Pipeline Partners L.P. will post 1.39 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Thursday, November 9th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, November 8th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.75%. Boardwalk Pipeline Partners L.P.’s dividend payout ratio (DPR) is presently 33.90%.

BWP has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Boardwalk Pipeline Partners L.P. from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. Royal Bank Of Canada restated a “hold” rating and set a $18.00 target price on shares of Boardwalk Pipeline Partners L.P. in a research report on Tuesday, October 10th. BidaskClub lowered shares of Boardwalk Pipeline Partners L.P. from a “hold” rating to a “sell” rating in a report on Thursday, August 3rd. Citigroup Inc. decreased their price target on shares of Boardwalk Pipeline Partners L.P. from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, November 2nd. Finally, ValuEngine lowered shares of Boardwalk Pipeline Partners L.P. from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Boardwalk Pipeline Partners L.P. has a consensus rating of “Hold” and a consensus price target of $21.80.

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Boardwalk Pipeline Partners L.P. Company Profile

Boardwalk Pipeline Partners, LP is a limited partnership company. The Company’s business includes integrated natural gas and natural gas liquids, and other hydrocarbons (referred to together as NGLs) pipeline and storage systems. The Company is engaged in the operation of interstate natural gas and NGLs pipeline systems, and integrated storage facilities, including interstate natural gas pipeline systems located in the Gulf Coast region, Oklahoma, Arkansas and the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio, and its NGLs pipelines and storage facilities in Louisiana and Texas.

Institutional Ownership by Quarter for Boardwalk Pipeline Partners L.P. (NYSE:BWP)

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