Commonwealth Of Pennsylvania Public School Empls Retrmt Sys Lowers stake in Targa Resources Corp (TRGP)

Targa Resources Corp (TRGP) : Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reduced its stake in Targa Resources Corp by 1.31% during the most recent quarter end. The investment management company now holds a total of 759,632 shares of Targa Resources Corp which is valued at $32,238,782 after selling 10,117 shares in Targa Resources Corp , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Targa Resources Corp makes up approximately 0.61% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.

Other Hedge Funds, Including , Bluemountain Capital Management reduced its stake in TRGP by selling 798 shares or 4.85% in the most recent quarter. The Hedge Fund company now holds 15,643 shares of TRGP which is valued at $663,889. Targa Resources Corp makes up approx 0.02% of Bluemountain Capital Management’s portfolio.Vanguard Group Inc boosted its stake in TRGP in the latest quarter, The investment management firm added 359,214 additional shares and now holds a total of 11,499,560 shares of Targa Resources Corp which is valued at $488,041,326. Targa Resources Corp makes up approx 0.03% of Vanguard Group Inc’s portfolio.Fft Wealth Management boosted its stake in TRGP in the latest quarter, The investment management firm added 10,132 additional shares and now holds a total of 17,297 shares of Targa Resources Corp which is valued at $714,366. Targa Resources Corp makes up approx 0.27% of Fft Wealth Management’s portfolio. Bb&t Securities added TRGP to its portfolio by purchasing 10,538 company shares during the most recent quarter which is valued at $435,219. Targa Resources Corp makes up approx 0.01% of Bb&t Securities’s portfolio.

Targa Resources Corp opened for trading at $42.7 and hit $43.78 on the upside on Tuesday, eventually ending the session at $43.36, with a gain of 1.19% or 0.51 points. The heightened volatility saw the trading volume jump to 12,70,033 shares. Company has a market cap of $7,225 M.

Many Wall Street Analysts have commented on Targa Resources Corp. Stifel Upgraded Targa Resources Corp on Aug 4, 2016 to ” Buy”, Price Target of the shares are set at $43.Targa Resources Corp was Downgraded by Jefferies to ” Hold” on Jun 8, 2016. Targa Resources Corp was Initiated by Stifel to “Hold” on May 31, 2016.

Targa Resources Corp. (Traga) through its general and limited partner interests in Targa Resources Partners LP (the Partnership) is a provider of midstream natural gas and natural gas liquid (NGL) services in the United States. The Partnership is engaged in the business of gathering compressing treating processing and selling natural gas and storing fractionating treating transporting terminaling and selling NGLs NGL products and gathering storing and terminaling crude oil and refined petroleum products. The Company operates in two divisions Gathering and Processing and Logistics and Marketing. Gathering and Processing includes Field Gathering and Processing and Coastal Gathering and Processing. Logistics and Marketing includes Logistics Assets and Marketing and Distribution.

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