Pinnacle Holdings buys $6,324,591 stake in NGL Energy Partners LP (NGL)

NGL Energy Partners LP (NGL) : Pinnacle Holdings scooped up 1,872 additional shares in NGL Energy Partners LP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 356,315 shares of NGL Energy Partners LP which is valued at $6,324,591.NGL Energy Partners LP makes up approximately 3.08% of Pinnacle Holdings’s portfolio.

Other Hedge Funds, Including , Hightower Advisors added NGL to its portfolio by purchasing 63,313 company shares during the most recent quarter which is valued at $1,123,806. NGL Energy Partners LP makes up approx 0.01% of Hightower Advisors’s portfolio.Hap Trading boosted its stake in NGL in the latest quarter, The investment management firm added 34,867 additional shares and now holds a total of 46,320 shares of NGL Energy Partners LP which is valued at $822,180. NGL Energy Partners LP makes up approx 0.04% of Hap Trading’s portfolio.Dividend Assets Capital reduced its stake in NGL by selling 13,994 shares or 10.24% in the most recent quarter. The Hedge Fund company now holds 122,601 shares of NGL which is valued at $2,163,908. NGL Energy Partners LP makes up approx 0.07% of Dividend Assets Capital’s portfolio.

NGL Energy Partners LP opened for trading at $18.3 and hit $18.55 on the upside on Monday, eventually ending the session at $18.4, with a gain of 1.38% or 0.25 points. The heightened volatility saw the trading volume jump to 5,64,580 shares. Company has a market cap of $1,977 M.

Many Wall Street Analysts have commented on NGL Energy Partners LP. FBR Capital Initiated NGL Energy Partners LP on Sep 9, 2016 to “Mkt Perform”, Price Target of the shares are set at $21.

NGL Energy Partners LP is a limited partnership company that is a vertically-integrated service provider. The Company operates through the following segments: Crude oil logistics which purchases crude oil from producers and transports it for resale at owned and leased pipeline injection stations storage terminals barge loading facilities rail facilities refineries and other trade hubs; the water solutions segment which includes water treatment and disposal facilities; the liquids segment which purchases propane butane and other products from refiners processing plants producers and other parties and sells the products to retailers refiners petrochemical plants and other participants in the wholesale markets; the retail propane segment which is engaged in the retail marketing sale and distribution of propane and distillates; the refined products and renewables segment which conducts gasoline diesel ethanol and biodiesel marketing operations and corporate and other.

Leave a Reply

NGL Energy Partners LP - Is it time to Sell?

Top Brokerage Firms are advising their investors on NGL Energy Partners LP. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.