San Francisco Sentry Investment Group CA acquired a new stake in shares of Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,000 shares of the pipeline company’s stock, valued at approximately $132,000.

Several other large investors also recently made changes to their positions in PBA. First Trust Advisors LP lifted its position in shares of Pembina Pipeline Corp. by 28.4% during the 1st quarter. First Trust Advisors LP now owns 9,675 shares of the pipeline company’s stock valued at $307,000 after acquiring an additional 2,138 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Pembina Pipeline Corp. by 5.5% during the 1st quarter. Bank of New York Mellon Corp now owns 488,857 shares of the pipeline company’s stock valued at $15,501,000 after acquiring an additional 25,699 shares during the last quarter. UBS Asset Management Americas Inc. lifted its position in shares of Pembina Pipeline Corp. by 9.8% during the 1st quarter. UBS Asset Management Americas Inc. now owns 1,007,947 shares of the pipeline company’s stock valued at $31,849,000 after acquiring an additional 90,316 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Pembina Pipeline Corp. by 65.4% during the 1st quarter. Ameriprise Financial Inc. now owns 16,839 shares of the pipeline company’s stock valued at $534,000 after acquiring an additional 6,658 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its position in shares of Pembina Pipeline Corp. by 30.3% during the 1st quarter. Parametric Portfolio Associates LLC now owns 110,894 shares of the pipeline company’s stock valued at $3,516,000 after acquiring an additional 25,760 shares during the last quarter. Institutional investors own 49.86% of the company’s stock.

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Shares of Pembina Pipeline Corp. (NYSE PBA) opened at 34.00 on Friday. The stock has a market cap of $13.70 billion, a price-to-earnings ratio of 32.29 and a beta of 0.73. The stock has a 50 day moving average price of $33.47 and a 200-day moving average price of $32.87. Pembina Pipeline Corp. has a 12-month low of $27.44 and a 12-month high of $35.63.

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) last posted its quarterly earnings data on Tuesday, August 1st. The pipeline company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.08). The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.36 billion. Pembina Pipeline Corp. had a net margin of 12.12% and a return on equity of 8.60%. The company’s revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.25 earnings per share. Equities analysts anticipate that Pembina Pipeline Corp. will post $1.29 EPS for the current fiscal year.

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, October 25th will be paid a $0.144 dividend. This is a positive change from Pembina Pipeline Corp.’s previous monthly dividend of $0.14. This represents a $1.73 annualized dividend and a yield of 5.08%. The ex-dividend date of this dividend is Tuesday, October 24th. Pembina Pipeline Corp.’s payout ratio is presently 168.04%.

A number of equities research analysts have recently commented on PBA shares. BidaskClub downgraded Pembina Pipeline Corp. from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. AltaCorp Capital upgraded Pembina Pipeline Corp. from a “sector perform” rating to an “outperform” rating in a report on Wednesday, July 19th. Finally, Zacks Investment Research lowered Pembina Pipeline Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. Pembina Pipeline Corp. presently has a consensus rating of “Buy” and a consensus target price of $43.00.

Pembina Pipeline Corp. Profile

Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.

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Institutional Ownership by Quarter for Pembina Pipeline Corp. (NYSE:PBA)

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