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As Western Gas Partners LP (WES) Market Value Declined, First Reserve Gp Xi INC Has Lowered Its Holding

December 8, 2017 - By Maria Brooks

Investors sentiment increased to 1.45 in 2017 Q2. Its up 0.27, from 1.18 in 2017Q1. It increased, as 16 investors sold WES shares while 46 reduced holdings. 22 funds opened positions while 68 raised stakes. 73.26 million shares or 5.69% more from 69.32 million shares in 2017Q1 were reported. Suntrust Banks holds 5,570 shares or 0% of its portfolio. Tarbox Family Office Incorporated stated it has 253 shares. Ftb Advsrs has invested 0.01% of its portfolio in Western Gas Partners, LP (NYSE:WES). 6,800 were accumulated by Signaturefd Limited Co. Alliancebernstein Lp holds 15,894 shares or 0% of its portfolio. National Bank Of Montreal Can invested 0.04% in Western Gas Partners, LP (NYSE:WES). Wfg Advsr Ltd Partnership accumulated 0% or 160 shares. Sei Invests Com invested in 18,100 shares or 0% of the stock. Captrust Advsr accumulated 525 shares or 0% of the stock. Grassi Inv Mgmt reported 13,975 shares. Stifel Fincl invested in 0.01% or 40,351 shares. State Street has invested 0% in Western Gas Partners, LP (NYSE:WES). Ancora Advsrs Ltd Liability, Us-based fund reported 14,633 shares. Metropolitan Life Ins New York invested in 0.07% or 175,722 shares. Mitchell Mcleod Pugh & Williams has invested 0.61% in Western Gas Partners, LP (NYSE:WES).

First Reserve Gp Xi Inc decreased its stake in Western Gas Partners Lp (WES) by 45.58% based on its latest 2017Q2 regulatory filing with the SEC. First Reserve Gp Xi Inc sold 283,400 shares as the company’s stock declined 13.68% while stock markets rallied. The institutional investor held 338,370 shares of the public utilities company at the end of 2017Q2, valued at $18.93 million, down from 621,770 at the end of the previous reported quarter. First Reserve Gp Xi Inc who had been investing in Western Gas Partners Lp for a number of months, seems to be less bullish one the $7.15B market cap company. The stock increased 2.86% or $1.28 during the last trading session, reaching $46.08. About 490,168 shares traded. Western Gas Partners, LP (NYSE:WES) has risen 10.32% since December 8, 2016 and is uptrending. It has underperformed by 6.38% the S&P500.

Analysts await Western Gas Partners, LP (NYSE:WES) to report earnings on February, 28. They expect $0.45 EPS, up 28.57 % or $0.10 from last year’s $0.35 per share. WES’s profit will be $69.83M for 25.60 P/E if the $0.45 EPS becomes a reality. After $0.38 actual EPS reported by Western Gas Partners, LP for the previous quarter, Wall Street now forecasts 18.42 % EPS growth.

More news for Western Gas Partners, LP (NYSE:WES) were recently published by: Streetinsider.com, which released: “Western Gas Partners LP (WES) and Western Gas Equity Partners, LP (WGP) Offer …” on December 05, 2017. Prnewswire.com‘s article titled: “Western Gas To Present At Upcoming Wells Fargo Conference” and published on December 01, 2017 is yet another important article.

Western Gas Partners, LP (NYSE:WES) Ratings Coverage

Among 17 analysts covering Western Gas Partners (NYSE:WES), 11 have Buy rating, 1 Sell and 5 Hold. Therefore 65% are positive. Western Gas Partners had 38 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Western Gas Partners, LP (NYSE:WES) earned “Hold” rating by Stifel Nicolaus on Thursday, October 5. The stock of Western Gas Partners, LP (NYSE:WES) has “Overweight” rating given on Monday, October 10 by . Barclays Capital maintained the shares of WES in report on Thursday, November 2 with “Overweight” rating. The stock of Western Gas Partners, LP (NYSE:WES) earned “Hold” rating by Stifel Nicolaus on Thursday, January 28. The firm has “Buy” rating given on Sunday, October 29 by RBC Capital Markets. The company was maintained on Thursday, July 13 by Stifel Nicolaus. The rating was upgraded by CapitalOne to “Overweight” on Friday, December 16. The company was maintained on Thursday, April 7 by Citigroup. The company was maintained on Friday, July 31 by MLV. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, November 2.

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