Martin Midstream Partners LP (NASDAQ:MMLP) Institutional Investor Sentiment Analysis

July 27, 2018 - By Mary Kidd

Sentiment for Martin Midstream Partners LP (NASDAQ:MMLP)

Martin Midstream Partners LP (NASDAQ:MMLP) institutional sentiment increased to 1 in 2018 Q1. Its up 0.11, from 0.89 in 2017Q4. The ratio is positive, as 21 investment managers increased or started new equity positions, while 21 sold and decreased their stakes in Martin Midstream Partners LP. The investment managers in our partner’s database now own: 13.72 million shares, down from 13.84 million shares in 2017Q4. Also, the number of investment managers holding Martin Midstream Partners LP in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 14 Increased: 14 New Position: 7.

Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company has market cap of $525.25 million. The companyÂ’s Terminalling and Storage segment owns or operates 26 marine shore terminal facilities and 14 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. It has a 32.97 P/E ratio. This segment also offers land rental services to gas and oil companies, as well as storage and handling services for lubricants and fuels.

The stock decreased 3.24% or $0.45 during the last trading session, reaching $13.45. About 485,378 shares traded or 211.68% up from the average. Martin Midstream Partners L.P. (NASDAQ:MMLP) has declined 19.40% since July 27, 2017 and is downtrending. It has underperformed by 31.97% the S&P500.

Trust Asset Management Llc holds 0.33% of its portfolio in Martin Midstream Partners L.P. for 60,791 shares. Albert D Mason Inc owns 29,301 shares or 0.3% of their US portfolio. Moreover, Arrow Investment Advisors Llc has 0.19% invested in the company for 47,923 shares. The Ontario – Canada-based Brookfield Asset Management Inc. has invested 0.19% in the stock. Advisors Capital Management Llc, a New Jersey-based fund reported 165,643 shares.

Since January 1, 0001, it had 15 buys, and 3 selling transactions for $22,997 activity.

Martin Midstream Partners L.P. (NASDAQ:MMLP) Ratings Coverage

Ratings analysis reveals 0 of Martin Midstream Partners’s analysts are positive. Out of 2 Wall Street analysts rating Martin Midstream Partners, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $15 while the high is $16. The stock’s average target of $15.50 is 15.24% above today’s ($13.45) share price. MMLP was included in 3 notes of analysts from February 27, 2018. The rating was maintained by Robert W. Baird on Thursday, March 8 with “Neutral”. The stock of Martin Midstream Partners L.P. (NASDAQ:MMLP) earned “Hold” rating by Stifel Nicolaus on Tuesday, February 27. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, April 27.

More notable recent Martin Midstream Partners L.P. (NASDAQ:MMLP) news were published by: Globenewswire.com which released: “Martin Midstream Partners Reports 2018 Second Quarter Financial Results” on July 25, 2018, also Seekingalpha.com with their article: “ONEOK to buy remaining interest in West Texas LPG for $195M” published on July 25, 2018, Nasdaq.com published: “Martin Midstream Partners to Announce Second Quarter Financial Results on July 25” on July 12, 2018. More interesting news about Martin Midstream Partners L.P. (NASDAQ:MMLP) were released by: Globenewswire.com and their article: “Martin Midstream Partners Announces Quarterly Cash Distribution” published on July 19, 2018 as well as Seekingalpha.com‘s news article titled: “Martin Midstream: Sale Of WTLPG A Positive” with publication date: July 27, 2018.

Martin Midstream Partners L.P. (NASDAQ:MMLP) Institutional Positions Chart

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