SemGroup Corp (NASDAQ:SEMG) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a report released on Thursday.

Separately, Royal Bank Of Canada reaffirmed a “buy” rating and set a $33.00 target price on shares of SemGroup Corp in a research report on Tuesday, August 29th.

SemGroup Corp (NASDAQ:SEMG) traded down 0.69% during mid-day trading on Thursday, hitting $28.75. 917,585 shares of the stock were exchanged. The stock has a 50 day moving average price of $25.30 and a 200 day moving average price of $29.38. SemGroup Corp has a 1-year low of $22.55 and a 1-year high of $43.20. The company has a market capitalization of $2.26 billion and a PE ratio of 284.65.

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Several large investors have recently modified their holdings of the company. Chickasaw Capital Management LLC raised its position in SemGroup Corp by 5.5% in the 2nd quarter. Chickasaw Capital Management LLC now owns 6,723,884 shares of the company’s stock valued at $181,545,000 after buying an additional 350,483 shares during the last quarter. Vanguard Group Inc. raised its position in SemGroup Corp by 5.6% in the 1st quarter. Vanguard Group Inc. now owns 5,520,635 shares of the company’s stock valued at $198,743,000 after buying an additional 294,061 shares during the last quarter. BlackRock Inc. raised its position in SemGroup Corp by 0.6% in the 2nd quarter. BlackRock Inc. now owns 4,124,951 shares of the company’s stock valued at $111,372,000 after buying an additional 25,231 shares during the last quarter. Dimensional Fund Advisors LP raised its position in SemGroup Corp by 19.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,978,051 shares of the company’s stock valued at $107,407,000 after buying an additional 644,392 shares during the last quarter. Finally, Eagle Global Advisors LLC raised its position in SemGroup Corp by 15.9% in the 2nd quarter. Eagle Global Advisors LLC now owns 3,266,364 shares of the company’s stock valued at $88,192,000 after buying an additional 448,437 shares during the last quarter.

SemGroup Corp Company Profile

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