Is there a Bearish outlook for Western Gas Partners, LP (NYSE:WES) this week?

July 14, 2018 - By Dolores Ford

Western Gas Partners, LP (NYSE:WES) LogoInvestors sentiment increased to 1.21 in 2018 Q1. Its up 0.46, from 0.75 in 2017Q4. It is positive, as 20 investors sold Western Gas Partners, LP shares while 47 reduced holdings. 23 funds opened positions while 58 raised stakes. 89.37 million shares or 0.82% less from 90.11 million shares in 2017Q4 were reported.
First Tru Advisors Limited Partnership reported 166,263 shares. Zimmer Ptnrs L P stated it has 1.04% of its portfolio in Western Gas Partners, LP (NYSE:WES). Cbre Clarion Secs Llc reported 55,353 shares stake. Moreover, Castleark Limited Liability Corp has 0.12% invested in Western Gas Partners, LP (NYSE:WES). 1,180 are held by Ftb. Sg Americas Securities Limited Com accumulated 30,380 shares or 0.01% of the stock. Metropolitan Life Ins reported 225,722 shares. Advantus Mgmt stated it has 21,018 shares. Creative Planning invested in 100,044 shares or 0.02% of the stock. Perella Weinberg Prtn Management Lp holds 58,625 shares or 0.11% of its portfolio. Wells Fargo & Mn reported 265,427 shares. Neuberger Berman Gp Limited Liability reported 2.95 million shares or 0.14% of all its holdings. Morgan Stanley invested in 2.43M shares or 0.03% of the stock. Van Eck reported 17,435 shares. Ameriprise Finance, a Minnesota-based fund reported 55,899 shares.

Western Gas Partners, LP (NYSE:WES) Ratings Coverage

Among 10 analysts covering Western Gas (NYSE:WES), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Western Gas had 15 analyst reports since January 16, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, March 27 by Bank of America. On Tuesday, June 5 the stock rating was maintained by Bank of America with “Neutral”. The firm has “Buy” rating given on Thursday, May 3 by Stifel Nicolaus. The stock has “Neutral” rating by Seaport Global on Monday, April 9. Citigroup maintained the shares of WES in report on Tuesday, March 27 with “Neutral” rating. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, February 20. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, March 7 report. Scotia Capital maintained Western Gas Partners, LP (NYSE:WES) on Monday, January 29 with “Hold” rating. Barclays Capital maintained it with “Equal-Weight” rating and $45 target in Tuesday, April 17 report. The stock of Western Gas Partners, LP (NYSE:WES) earned “Buy” rating by UBS on Friday, March 2. Below is a list of Western Gas Partners, LP (NYSE:WES) latest ratings and price target changes.

12/06/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $45 New Target: $49 Maintain
05/06/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $47 New Target: $53 Maintain
03/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $62 New Target: $63 Maintain
20/04/2018 Broker: Deutsche Bank Rating: Buy New Target: $53 Initiates Coverage On
17/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $53 New Target: $45 Maintain
09/04/2018 Broker: Seaport Global Old Rating: Buy New Rating: Neutral Old Target: $59 New Target: $41 Downgrade
27/03/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $52 New Target: $47 Maintain
27/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $55 New Target: $46 Maintain
14/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $57 New Target: $59 Maintain
07/03/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $54 New Target: $53 Maintain

The stock increased 0.33% or $0.16 during the last trading session, reaching $49.25. About 269,593 shares traded. Western Gas Partners, LP (NYSE:WES) has declined 9.71% since July 14, 2017 and is downtrending. It has underperformed by 22.28% the S&P500.

Western Gas Partners, LP acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas. The company has market cap of $7.64 billion. It is involved in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil. It has a 30.14 P/E ratio. Western Gas Holdings, LLC serves as the general partner of Western Gas Partners, LP.

Another recent and important Western Gas Partners, LP (NYSE:WES) news was published by Fool.com which published an article titled: “3 Dividend Stocks That Put More Money in Your Pocket Each Quarter” on July 11, 2018.

Western Gas Partners, LP (NYSE:WES) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

>