Stock Valuation in Focus for Plains All American Pipeline, LP (NYSE:PAA)

Mae Love
January 13, 2018

The institutional investor held 30,010 shares of the energy company at the end of 2017Q3, valued at $636,000, down from 50,010 at the end of the previous reported quarter. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 8.098429, and a current Price to Earnings ratio of 25.375927. Closing price generally refers to the last price at which a stock trades during a regular trading session.

Turning to Globus Maritime Limited (NASDAQ:GLBS), its shares were trading at $1.33 a retreat of $-0.04, on the trading floor. It has underperformed by 5.20% the S&P500. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Pivot Point Capital Partners Llc sold 188,256 shares as the company's stock rose 3.54% with the market. Insiders own 1.30% of the company's stock. Walter & Keenan Financial Consulting Company who had been investing in 3M Co for a number of months, seems to be bullish on the $145.64 billion market cap company. Chickasaw Capital Management LLC now owns 5,997,981 shares of the company's stock worth $164,884,000 after buying an additional 1,005,529 shares during the last quarter. About 252,539 shares traded. (NASDAQ:DFRG) has risen 16.19% since January 12, 2017 and is uptrending. It has outperformed by 0.72% the S&P500. American Century accumulated 600,790 shares or 0.01% of the stock.

Analysts await Praxair, Inc. During the same quarter previous year, the business earned $0.38 earnings per share. BB&T Investment Services Inc. acquired a new stake in shares of Plains All American Pipeline in the second quarter valued at approximately $108,000.

Among 14 analysts covering Clean Harbors Inc. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Therefore 37% are positive.

PAA has been the subject of a number of research analyst reports. The firm earned "Sector Perform" rating on Thursday, April 28 by RBC Capital Markets. The rating was reinitiated by Barclays Capital with "Equal Weight" on Thursday, March 30. The firm earned "Neutral" rating on Thursday, August 6 by Robert W. Baird. Jefferies Group restated a "buy" rating and issued a $23.00 target price on shares of Plains All American Pipeline in a report on Monday, October 16th. The firm earned "Buy" rating on Tuesday, October 17 by BMO Capital Markets. The rating was downgraded by Scotia Capital on Tuesday, August 8 to "Hold". The company was maintained on Wednesday, May 10 by Stifel Nicolaus. Investor speculation and demand also help increase a share's price over time. Its down 0.97, from 1.67 in 2017Q2. Investment House Llc sold 20,000 shares as the company's stock declined 10.37% while stock markets rallied. (NYSE:PAA) opened at $23.58 on Friday. The Tnb Financial holds 4,077 shares with $570,000 value, down from 7,843 last quarter. Arrowmark Colorado Holding Ltd Com reported 2.61 million shares. Kemper Master Retirement Tru has 1.21% invested in Praxair, Inc. (NYSE:PX). Roundview Limited Liability has 0.26% invested in Praxair, Inc. Waddell & Reed Financial Inc holds 541,500 shares or 0.03% of its portfolio. King Luther Capital Mngmt Corporation has 0.01% invested in Graham Corporation (NYSE:GHM). Raymond James Trust Na owns 5,124 shares for 0.02% of their portfolio. Rhumbline Advisers reported 0.01% stake. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. The North Dakota-based Bell Bankshares has invested 0.07% in Praxair, Inc. (NYSE:CLH). Jpmorgan Chase owns 110,258 shares. Ngam Advisors Ltd Partnership accumulated 65,115 shares or 0.04% of the stock.

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Plains All American Pipeline, L.P. (NYSE:PAA) has been given a consensus recommendation of "Hold" by the twenty-five analysts that are now covering the firm, Marketbeat reports. PAA's profit would be $311.84 million giving it 13.93 P/E if the $0.43 EPS is correct. The pipeline company reported $0.21 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by ($0.01).

Investors sentiment decreased to 0.63 in Q3 2017. Its down 0.14, from 0.91 in 2017Q2. It worsened, as 62 investors sold PAA shares while 124 reduced holdings. 35 funds opened positions while 82 raised stakes. Albert D Mason Inc reported 0.56% stake. Gould Asset Management Ca reported 0.14% in Plains All American Pipeline, L.P. (NYSE:PAA).

Plains All American Pipeline (NYSE:PAA) last issued its quarterly earnings data on Monday, November 6th. Moreover, Huntington Bancorp has 0.03% invested in Plains All American Pipeline, L.P. (NYSE:PAA). Bank of America assumed coverage on Plains All American Pipeline in a report on Tuesday. The company now has a consensus rating of "Hold" and a consensus price target of $26.42. Strategic Fincl Serv accumulated 0.08% or 2,303 shares. Mariner Wealth Advsr Lc has 31,523 shares. Arrowmark Colorado Holdg Limited Liability has 463,852 shares for 0.11% of their portfolio. Goldman Sachs Grp Incorporated holds 0.14% or 27.41M shares in its portfolio. PAA price is down almost -39.99% from its 52-week high price of $33.01 a share but is up about 22.05% from its 52-week low price of $18.38 a share.

More news for Plains All American Pipeline, L.P. (NYSE:PAA) were recently published by: Businesswire.com, which released: "Plains All American Pipeline, LP and Plains GP Holdings Announce Timing of ..." on January 08, 2018.

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