Analyst Activity – Stifel Nicolaus Reiterates Hold on Magellan Midstream Partners L.P. (NYSE:MMP)

ME Staff
-
0

Analyst Ratings For Magellan Midstream Partners L.P. (NYSE:MMP)

Today, Stifel Nicolaus reiterated its Hold rating on Magellan Midstream Partners L.P. (NYSE:MMP) with a price target of $77.00.

There are 2 sell ratings, 9 hold ratings, 5 buy ratings on the stock.

The current consensus rating on Magellan Midstream Partners L.P. (NYSE:MMP) is Hold (Score: 2.19) with a consensus target price of $78.00 per share, a potential 11.21% upside.

Some recent analyst ratings include

  • 8/3/2017-Stifel Nicolaus Reiterated Rating of Hold.
  • 7/24/2017-Royal Bank Of Canada Reiterated Rating of Hold.
  • 7/18/2017-Barclays PLC was Downgraded by analysts at Barclays PLC from a “Overweight ” rating to a ” Equal Weight” rating. They now have a $77.00 price target on the stock, up previously from $88.00 .
  • 7/10/2017-Mizuho was Downgraded by analysts at Mizuho from a “Neutral ” rating to a ” Underperform” rating. They now have a $72.00 price target on the stock, up previously from $74.00 .
  • 6/22/2017-Jefferies Group LLC initiated coverage with a Hold rating.
  • 5/4/2017-Credit Suisse Group Upgrade from a “Underperform ” rating to a ” Neutral” rating.
  • 4/21/2017-Macquarie initiated coverage with a Neutral rating.

Dividend information for Magellan Midstream Partners L.P. (NYSE:MMP)

Magellan Midstream Partners L.P. (NYSE:MMP) pays an annual dividend of Community Ranking: with a yield of 5.08% and an average dividend growth of 15.70% based on a 3 Year Average.

Dividend History for Magellan Midstream Partners L.P. (NYSE:MMP)

  • On 7/20/2017 Magellan Midstream Partners L.P. 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 L.P. 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 L.P. 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 L.P. 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 L.P. 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.
  • On 4/21/2016 Magellan Midstream Partners L.P. announced a quarterly dividend of $0.80 4.59% with an ex dividend date of 4/28/2016 which will be payable on 5/13/2016.
  • On 1/27/2016 Magellan Midstream Partners L.P. announced a quarterly dividend of $0.79 4.85% with an ex dividend date of 2/3/2016 which will be payable on 2/12/2016.

Recent Insider Trading Activity For Magellan Midstream Partners L.P. (NYSE:MMP)
Magellan Midstream Partners L.P. (NYSE:MMP) has insider ownership of 0.24% and institutional ownership of 62.87%.

  • 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. View SEC Filing
  • 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. View SEC Filing
  • 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. View SEC Filing
  • 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. View SEC Filing
  • On 5/6/2016 Jeff R Selvidge, SVP, sold 5,504 with an average share price of $72.00 per share and the total transaction amounting to $396,288.00. View SEC Filing
  • On 3/4/2016 Michael N Mears, CEO, sold 20,000 with an average share price of $70.71 per share and the total transaction amounting to $1,414,200.00. View SEC Filing
  • On 3/2/2016 Jeff R Selvidge, SVP, sold 7,500 with an average share price of $67.80 per share and the total transaction amounting to $508,500.00. View SEC Filing

Recent Trading Activity for Magellan Midstream Partners L.P. (NYSE:MMP)
Shares of Magellan Midstream Partners L.P. closed the previous trading session at 70.14 up +0.23 0.33% with 870,264 shares trading hands.