Semgroup (SEMG) Stock Rating Reconfirmed at Barclays; The $25 Target Indicates 4.60% Potential; DNA DYNAMICS (DNAD) Shorts Down By 36.71%

April 17, 2018 - By Vivian Currie

SemGroup Corporation (NYSE:SEMG) Logo

DNA DYNAMICS INC (OTCMKTS:DNAD) had a decrease of 36.71% in short interest. DNAD’s SI was 70,700 shares in April as released by FINRA. Its down 36.71% from 111,700 shares previously. The stock increased 17.86% or $0.0005 during the last trading session, reaching $0.0033. About 885,200 shares traded. DNA Dynamics, Inc. (OTCMKTS:DNAD) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Semgroup (NYSE:SEMG) had its stock rating noted as Equal-Weight by analysts at Barclays. Barclays currently has a $25 target price per share on the $1.89 billion market cap company or 4.60% upside potential. This was revealed to clients and investors in a research note on 17 April.

Among 11 analysts covering SemGroup (NYSE:SEMG), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. SemGroup has $83.0 highest and $24 lowest target. $29’s average target is 21.34% above currents $23.9 stock price. SemGroup had 36 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was initiated by Citigroup with “Neutral” on Tuesday, December 15. The stock has “Hold” rating by Goldman Sachs on Friday, January 5. The stock of SemGroup Corporation (NYSE:SEMG) has “Hold” rating given on Thursday, January 4 by U.S. Capital Advisors. Wells Fargo initiated SemGroup Corporation (NYSE:SEMG) on Monday, December 7 with “Outperform” rating. The stock has “Hold” rating by Wells Fargo on Monday, July 17. The firm has “Buy” rating by Wells Fargo given on Thursday, December 14. On Tuesday, January 16 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of SemGroup Corporation (NYSE:SEMG) has “Buy” rating given on Thursday, November 9 by SunTrust. The stock of SemGroup Corporation (NYSE:SEMG) earned “Buy” rating by Suntrust Robinson on Wednesday, June 15. On Monday, November 13 the stock rating was maintained by UBS with “Buy”.

SemGroup Corporation provides gathering, transportation, storage, distribution, marketing, and other midstream services for producers, refiners of petroleum products, and other market participants. The company has market cap of $1.89 billion. The Company’s Crude Transportation segment operates crude oil pipelines and truck transportation businesses. It currently has negative earnings. This segment operates a 460-mile crude oil gathering and transportation pipeline system in Kansas and northern Oklahoma; a 75-mile crude oil gathering pipeline system that transports crude oil from production facilities in the DJ Basin to the pipeline owned by White Cliffs Pipeline, L.L.C.; a 527-mile pipeline that transports crude oil from Platteville, Colorado to Cushing, Oklahoma; and a 215-mile crude oil pipeline in western and north central Oklahoma, as well as crude oil trucking fleet of 225 transport trucks and 235 trailers.

The stock decreased 0.21% or $0.05 during the last trading session, reaching $23.9. About 492,688 shares traded. SemGroup Corporation (NYSE:SEMG) has declined 36.90% since April 17, 2017 and is downtrending. It has underperformed by 48.45% the S&P500.

Investors sentiment increased to 1.44 in 2017 Q4. Its up 0.29, from 1.15 in 2017Q3. It improved, as 14 investors sold SemGroup Corporation shares while 40 reduced holdings. 17 funds opened positions while 61 raised stakes. 82.02 million shares or 8.10% more from 75.87 million shares in 2017Q3 were reported. Glob X Mngmt Ltd stated it has 646,121 shares. Geode Capital Mngmt Lc reported 0.01% of its portfolio in SemGroup Corporation (NYSE:SEMG). Personal Advsr accumulated 66,372 shares. Fort Washington Advsr Incorporated Oh owns 192,117 shares for 0.06% of their portfolio. Innovations Ltd, a Wisconsin-based fund reported 7,245 shares. Regions Fin owns 500 shares for 0% of their portfolio. Lvw Advisors Ltd Company holds 0.09% or 10,725 shares in its portfolio. Signaturefd Llc owns 22,474 shares for 0.08% of their portfolio. Blackstone Grp L P holds 0.83% or 6.79M shares. 473,464 were accumulated by Highland Mngmt L P. 967,600 were reported by Par Mngmt Inc. 8,912 are owned by Amalgamated Savings Bank. Evergreen Management Limited Liability Corp holds 0.09% in SemGroup Corporation (NYSE:SEMG) or 30,188 shares. Neuberger Berman Group Incorporated Ltd Llc has 0% invested in SemGroup Corporation (NYSE:SEMG). Cohen Steers holds 0.12% or 1.40M shares in its portfolio.

Analysts await SemGroup Corporation (NYSE:SEMG) to report earnings on May, 3. They expect $0.07 earnings per share, down 78.79% or $0.26 from last year’s $0.33 per share. SEMG’s profit will be $5.53M for 85.36 P/E if the $0.07 EPS becomes a reality. After $0.03 actual earnings per share reported by SemGroup Corporation for the previous quarter, Wall Street now forecasts 133.33% EPS growth.

Since February 27, 2018, it had 1 buy, and 0 selling transactions for $227,250 activity. 10,000 SemGroup Corporation (NYSE:SEMG) shares with value of $227,250 were bought by MCADAM WILLIAM J.

SemGroup Corporation (NYSE:SEMG) Institutional Positions Chart

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