How Many MPLX LP (NYSE:MPLX)’s Analysts Are Bearish?

September 8, 2018 - By Vernon Prom

Investors sentiment increased to 1.34 in Q1 2018. Its up 0.52, from 0.82 in 2017Q4. It is positive, as 18 investors sold MPLX LP shares while 69 reduced holdings. 24 funds opened positions while 93 raised stakes. 241.70 million shares or 3.53% less from 250.53 million shares in 2017Q4 were reported.
Raymond James invested in 0.03% or 471,395 shares. Gru One Trading Limited Partnership invested in 0.01% or 31,666 shares. Stephens Ar invested 0.06% in MPLX LP (NYSE:MPLX). Pitcairn accumulated 6,445 shares or 0.02% of the stock. Karpas Strategies Ltd Liability Co reported 56,271 shares stake. Northern Tru owns 216,316 shares. Bb&T Secs Llc reported 0.01% in MPLX LP (NYSE:MPLX). Duff And Phelps Inv Mgmt Com has invested 0.98% in MPLX LP (NYSE:MPLX). 310,700 were reported by Natixis. Destination Wealth Mgmt, a California-based fund reported 1,337 shares. Linscomb Williams invested in 13,824 shares or 0.04% of the stock. Mgmt Inc holds 0.02% in MPLX LP (NYSE:MPLX) or 1,090 shares. Cincinnati holds 0.15% of its portfolio in MPLX LP (NYSE:MPLX) for 155,044 shares. Blair William And Communication Il holds 59,848 shares. Bollard Gru Limited accumulated 48,096 shares.

MPLX LP (NYSE:MPLX) Ratings Coverage

Among 8 analysts covering MPLX (NYSE:MPLX), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. MPLX has $44 highest and $3600 lowest target. $40.29’s average target is 13.52% above currents $35.49 stock price. MPLX had 10 analyst reports since March 23, 2018 according to SRatingsIntel. The stock of MPLX LP (NYSE:MPLX) earned “Buy” rating by Stifel Nicolaus on Friday, July 27. Guggenheim upgraded the shares of MPLX in report on Monday, April 16 to “Buy” rating. Citigroup maintained MPLX LP (NYSE:MPLX) on Tuesday, April 10 with “Buy” rating. The company was upgraded on Friday, March 23 by Morgan Stanley. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, April 17. As per Wednesday, April 11, the company rating was maintained by Mizuho. On Tuesday, April 24 the stock rating was maintained by Jefferies with “Hold”. As per Wednesday, July 18, the company rating was upgraded by Jefferies. Stifel Nicolaus maintained it with “Buy” rating and $42 target in Tuesday, May 1 report. Below is a list of MPLX LP (NYSE:MPLX) latest ratings and price target changes.

27/07/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $42 New Target: $44 Maintain
18/07/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Upgrade
01/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $45 New Target: $42 Maintain
24/04/2018 Broker: Jefferies Rating: Hold New Target: $36.0000 Maintain
20/04/2018 Broker: Deutsche Bank Rating: Buy New Target: $40 Initiates Coverage On
17/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $39 New Target: $37 Maintain
16/04/2018 Broker: Guggenheim Old Rating: Neutral New Rating: Buy Old Target: $40 Upgrade
11/04/2018 Broker: Mizuho Rating: Buy New Target: $41.0000 Maintain
10/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $46 New Target: $44 Maintain
23/03/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Overweight Upgrade

The stock decreased 1.50% or $0.54 during the last trading session, reaching $35.49. About 1.39 million shares traded. MPLX LP (NYSE:MPLX) has risen 2.16% since September 8, 2017 and is uptrending. It has underperformed by 10.41% the S&P500.

MPLX LP owns, operates, develops, and acquires midstream energy infrastructure assets. The company has market cap of $28.18 billion. It operates through Logistics and Storage; and Gathering and Processing divisions. It has a 18.63 P/E ratio. The firm engages in gathering, processing, and transportation of natural gas; the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering, transportation, and storage of crude oil and refined petroleum products.

More important recent MPLX LP (NYSE:MPLX) news were published by: Foxbusiness.com which released: “These 2 Dividend Growth Stocks Pay You More Every Single Quarter” on September 06, 2018, also Businesswire.com published article titled: “Energy Transfer, Magellan Midstream, MPLX and Delek to Jointly Construct the “Permian Gulf Coast” or “PGC Pipeline …”, Fool.com published: “3 Top Dividend Stocks” on August 27, 2018. More interesting news about MPLX LP (NYSE:MPLX) was released by: Seekingalpha.com and their article: “MPLX LP Is An Appalachian Giant” with publication date: August 29, 2018.

MPLX LP (NYSE:MPLX) Institutional Positions Chart

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