Stephens Inc. AR boosted its stake in Western Gas Partners, LP (NYSE:WES) by 20.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,350 shares of the pipeline company’s stock after purchasing an additional 1,250 shares during the quarter. Stephens Inc. AR’s holdings in Western Gas Partners, were worth $377,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Tortoise Capital Advisors L.L.C. raised its position in shares of Western Gas Partners, by 1.5% during the second quarter. Tortoise Capital Advisors L.L.C. now owns 12,044,287 shares of the pipeline company’s stock worth $673,757,000 after purchasing an additional 176,965 shares during the period. Kayne Anderson Capital Advisors LP grew its stake in Western Gas Partners, by 4.5% in the 2nd quarter. Kayne Anderson Capital Advisors LP now owns 11,649,319 shares of the pipeline company’s stock valued at $651,663,000 after purchasing an additional 499,048 shares during the period. Alps Advisors Inc. grew its stake in Western Gas Partners, by 11.1% in the 3rd quarter. Alps Advisors Inc. now owns 8,134,462 shares of the pipeline company’s stock valued at $417,135,000 after purchasing an additional 815,295 shares during the period. Goldman Sachs Group Inc. grew its stake in Western Gas Partners, by 5.4% in the 2nd quarter. Goldman Sachs Group Inc. now owns 4,412,296 shares of the pipeline company’s stock valued at $246,824,000 after purchasing an additional 226,257 shares during the period. Finally, Center Coast Capital Advisors LP grew its stake in Western Gas Partners, by 67.0% in the 3rd quarter. Center Coast Capital Advisors LP now owns 4,061,697 shares of the pipeline company’s stock valued at $208,284,000 after purchasing an additional 1,629,760 shares during the period. 54.20% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have issued reports on WES. Stifel Nicolaus restated a “hold” rating and issued a $54.00 price objective on shares of Western Gas Partners, in a research note on Thursday, October 12th. Seaport Global Securities assumed coverage on Western Gas Partners, in a research note on Tuesday, October 10th. They set a “buy” rating and a $64.00 price target for the company. Zacks Investment Research downgraded Western Gas Partners, from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. BidaskClub downgraded Western Gas Partners, from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 23rd. Finally, Scotiabank set a $61.00 price target on Western Gas Partners, and gave the stock a “hold” rating in a research note on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. Western Gas Partners, presently has an average rating of “Hold” and a consensus target price of $59.55.

Western Gas Partners, LP (WES) traded down $0.41 during mid-day trading on Friday, hitting $45.05. The stock had a trading volume of 129,906 shares, compared to its average volume of 429,299. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market cap of $6,937.29, a P/E ratio of 36.96, a price-to-earnings-growth ratio of 5.55 and a beta of 1.18. Western Gas Partners, LP has a 12 month low of $43.62 and a 12 month high of $67.44.

Western Gas Partners, (NYSE:WES) last issued its quarterly earnings data on Tuesday, October 31st. The pipeline company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.16). The company had revenue of $574.70 million for the quarter, compared to analysts’ expectations of $536.01 million. Western Gas Partners, had a return on equity of 14.68% and a net margin of 26.41%. The business’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. analysts predict that Western Gas Partners, LP will post 1.37 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 13th. Investors of record on Thursday, November 2nd were issued a dividend of $0.905 per share. This is a boost from Western Gas Partners,’s previous quarterly dividend of $0.89. The ex-dividend date was Wednesday, November 1st. This represents a $3.62 dividend on an annualized basis and a yield of 8.04%. Western Gas Partners,’s dividend payout ratio is 294.31%.

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About Western Gas Partners,

Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil in the United States.

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Institutional Ownership by Quarter for Western Gas Partners, (NYSE:WES)

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