Analyst Activity – Morgan Stanley Lowers Its Price Target On Magellan Midstream Partners (NYSE:MMP) to $69.00

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Analyst Ratings For Magellan Midstream Partners (NYSE:MMP)

Today, Morgan Stanley lowered its price target on Magellan Midstream Partners (NYSE:MMP) to $69.00 per share.

Some recent analyst ratings include

  • 3/13/2018-JPMorgan Chase & Co. Reiterated Rating of Neutral .
  • 2/2/2018-Mitsubishi UFJ Financial Group Reiterated Rating of Neutral.
  • 2/2/2018-Stifel Nicolaus Reiterated Rating of Hold.
  • 2/2/2018-Royal Bank of Canada Reiterated Rating of Hold.

Dividend information for Magellan Midstream Partners (NYSE:MMP)

Magellan Midstream Partners (NYSE:MMP) pays an annual dividend of $3.68 with a yield of 5.79% and an average dividend growth of 12.00% based on a 3 Year Average..

Dividend History for Magellan Midstream Partners (NYSE:MMP)

  • On 1/23/2018 Magellan Midstream Partners announced a dividend of $0.92 0.0125170068027211% with an ex dividend date of 2/5/2018 which will be payable on 2/14/2018.
  • On 10/20/2017 Magellan Midstream Partners announced a quarterly dividend of $0.91 5.31% with an ex dividend date of 11/1/2017 which will be payable on 11/14/2017.
  • On 7/20/2017 Magellan Midstream Partners announced a quarterly dividend of $0.89 5.07% with an ex dividend date of 7/27/2017 which will be payable on 8/14/2017.
  • On 4/20/2017 Magellan Midstream Partners announced a quarterly dividend of $0.87 4.6% with an ex dividend date of 4/27/2017 which will be payable on 5/15/2017.
  • On 1/25/2017 Magellan Midstream Partners announced a quarterly dividend of $0.86 4.3% with an ex dividend date of 2/1/2017 which will be payable on 2/14/2017.
  • On 10/20/2016 Magellan Midstream Partners announced a dividend of $0.84 with an ex dividend date of 10/27/2016 which will be payable on 11/14/2016.
  • On 7/21/2016 Magellan Midstream Partners announced a quarterly dividend of $0.82 4.46% with an ex dividend date of 7/28/2016 which will be payable on 8/12/2016.

Recent Insider Trading Activity For Magellan Midstream Partners (NYSE:MMP)
Magellan Midstream Partners (NYSE:MMP) has insider ownership of 0.26% and institutional ownership of 62.38%.

  • On 2/14/2018 Michael N Mears, CEO, sold 22,251 with an average share price of $68.03 per share and the total transaction amounting to $1,513,735.53.
  • On 2/12/2018 Michael N Mears, CEO, sold 10,000 with an average share price of $68.00 per share and the total transaction amounting to $680,000.00.
  • On 9/14/2017 Jeff R Selvidge, Insider, sold 5,000 with an average share price of $70.64 per share and the total transaction amounting to $353,200.00.
  • On 5/24/2017 Douglas J May, Insider, sold 8,000 with an average share price of $75.00 per share and the total transaction amounting to $600,000.00.
  • On 2/8/2017 Lisa J. Korner, Insider, sold 10,000 with an average share price of $78.67 per share and the total transaction amounting to $786,700.00.
  • On 2/3/2017 Michael N Mears, CEO, sold 50,000 with an average share price of $78.74 per share and the total transaction amounting to $3,937,000.00.
  • On 9/1/2016 Michael N Mears, CEO, sold 100 with an average share price of $70.02 per share and the total transaction amounting to $7,002.00.

Recent Trading Activity for Magellan Midstream Partners (NYSE:MMP)
Shares of Magellan Midstream Partners closed the previous trading session at 63.59 up +2.34 3.82% with shares trading hands.