Chickasaw Capital Management Cut Targa Resources (TRGP) Stake; Superior Uniform Group Has 1.52 Sentiment

Chickasaw Capital Management Llc decreased Targa Resources Corp (TRGP) stake by 1.05% reported in 2017Q4 SEC filing. Chickasaw Capital Management Llc sold 87,044 shares as Targa Resources Corp (TRGP)’s stock declined 3.67%. The Chickasaw Capital Management Llc holds 8.18M shares with $395.90M value, down from 8.26 million last quarter. Targa Resources Corp now has $9.89B valuation. The stock increased 0.27% or $0.12 during the last trading session, reaching $45.2. About 1.85M shares traded. Targa Resources Corp. (NYSE:TRGP) has declined 20.04% since April 16, 2017 and is downtrending. It has underperformed by 31.59% the S&P500.

Superior Uniform Group Inc (SGC) investors sentiment increased to 1.52 in 2017 Q4. It’s up 0.11, from 1.41 in 2017Q3. The ratio is positive, as 32 institutional investors started new and increased positions, while 21 decreased and sold their stakes in Superior Uniform Group Inc. The institutional investors in our database reported: 4.98 million shares, down from 5.19 million shares in 2017Q3. Also, the number of institutional investors holding Superior Uniform Group Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 18 Increased: 17 New Position: 15.

Analysts await Targa Resources Corp. (NYSE:TRGP) to report earnings on May, 3. They expect $0.02 earnings per share, up 102.60% or $0.79 from last year’s $-0.77 per share. TRGP’s profit will be $4.38M for 565.00 P/E if the $0.02 EPS becomes a reality. After $-0.07 actual earnings per share reported by Targa Resources Corp. for the previous quarter, Wall Street now forecasts -128.57% EPS growth.

Chickasaw Capital Management Llc increased Western Gas Equity Partners Lp (NYSE:WGP) stake by 268,815 shares to 5.35 million valued at $198.84 million in 2017Q4. It also upped Energy Transfer Equity Lp (NYSE:ETE) stake by 410,501 shares and now owns 22.41 million shares. Enlink Midstream Partners Lp (NYSE:ENLK) was raised too.

Among 19 analysts covering Targa Resources (NYSE:TRGP), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Targa Resources had 85 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Monday, November 20 by Stifel Nicolaus. BMO Capital Markets maintained Targa Resources Corp. (NYSE:TRGP) on Thursday, October 12 with “Hold” rating. The company was upgraded on Thursday, January 14 by Jefferies. The stock of Targa Resources Corp. (NYSE:TRGP) has “Outperform” rating given on Tuesday, March 7 by Evercore. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, November 4. UBS maintained it with “Neutral” rating and $58 target in Friday, March 2 report. The stock of Targa Resources Corp. (NYSE:TRGP) has “Outperform” rating given on Friday, October 13 by Wells Fargo. The rating was downgraded by Stifel Nicolaus on Thursday, September 29 to “Hold”. The firm earned “Buy” rating on Tuesday, August 15 by Guggenheim. The firm has “Overweight” rating given on Wednesday, January 17 by Barclays Capital.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.19, from 1.24 in 2017Q3. It is negative, as 31 investors sold TRGP shares while 119 reduced holdings. 45 funds opened positions while 112 raised stakes. 193.64 million shares or 5.92% more from 182.82 million shares in 2017Q3 were reported. Macquarie Group Inc Limited, a Australia-based fund reported 78,537 shares. Schroder Invest Mngmt Group has 270,871 shares for 0.02% of their portfolio. Blair William & Com Il has 22,425 shares. Highland Cap Management LP has invested 1.31% in Targa Resources Corp. (NYSE:TRGP). Williams Jones And Associate Ltd Company holds 0.03% of its portfolio in Targa Resources Corp. (NYSE:TRGP) for 28,986 shares. Ny State Common Retirement Fund holds 472,500 shares or 0.03% of its portfolio. Citigroup has invested 0% of its portfolio in Targa Resources Corp. (NYSE:TRGP). 618,453 were reported by Balyasny Asset Mngmt Ltd. Bessemer Group has invested 0.01% of its portfolio in Targa Resources Corp. (NYSE:TRGP). 28,075 were accumulated by Evergreen Capital Management Llc. Energy Income Limited Liability stated it has 1.02M shares. Stephens Ar owns 17,731 shares. Coldstream Mngmt reported 0.08% stake. First Manhattan stated it has 0% of its portfolio in Targa Resources Corp. (NYSE:TRGP). Pointstate Cap Limited Partnership stated it has 2.17% of its portfolio in Targa Resources Corp. (NYSE:TRGP).

Analysts await Superior Uniform Group, Inc. (NASDAQ:SGC) to report earnings on April, 26. They expect $0.26 EPS, 0.00% or $0.00 from last year’s $0.26 per share. SGC’s profit will be $3.94 million for 25.47 P/E if the $0.26 EPS becomes a reality. After $0.38 actual EPS reported by Superior Uniform Group, Inc. for the previous quarter, Wall Street now forecasts -31.58% negative EPS growth.

The stock decreased 3.60% or $0.99 during the last trading session, reaching $26.49. About 29,599 shares traded or 84.19% up from the average. Superior Uniform Group, Inc. (SGC) has risen 55.96% since April 16, 2017 and is uptrending. It has outperformed by 44.41% the S&P500.

Targa Resources Corp. (NYSE:TRGP) Institutional Positions Chart

Free Email Newsletter

Enter your email address below to get the latest news and analysts’ ratings for your stocks with our free daily email newsletter: