What’s Ahead for Navios Maritime Midstream Partners LP (NAP) After Today’s Big Increase?

September 17, 2017 - By Richard Conner

Investors sentiment decreased to 0.31 in Q4 2016. Its down 0.69, from 1 in 2016Q3. It dropped, as 4 investors sold Navios Maritime Midstream Partners LP shares while 9 reduced holdings. 2 funds opened positions while 2 raised stakes. 3.88 million shares or 26.43% more from 3.07 million shares in 2016Q3 were reported.
4,780 are owned by Wells Fargo Mn. Nuveen Asset Mngmt Limited Liability Corporation holds 0.05% of its portfolio in Navios Maritime Midstream Partners LP (NYSE:NAP) for 918,380 shares. Eagle Glob Advsrs Lc stated it has 634,200 shares or 0.19% of all its holdings. Morgan Stanley accumulated 123,120 shares or 0% of the stock. Blackrock Institutional Trust Na accumulated 4,831 shares. Creative Planning holds 0% or 1,050 shares in its portfolio. Advisory owns 1.62 million shares for 0.26% of their portfolio. Kcg, New Jersey-based fund reported 21,448 shares. Berson And Corrado Inv Limited Liability Company invested in 39,070 shares or 0.26% of the stock. Retail Bank Of America De reported 418,683 shares. Renaissance Techs Limited Liability Company holds 0% of its portfolio in Navios Maritime Midstream Partners LP (NYSE:NAP) for 10,102 shares. Cs Mckee Lp has 49,200 shares. Barclays Public Ltd Limited Liability Company owns 23 shares. Deutsche Bankshares Ag stated it has 0% of its portfolio in Navios Maritime Midstream Partners LP (NYSE:NAP). Citigroup has invested 0% of its portfolio in Navios Maritime Midstream Partners LP (NYSE:NAP).

The stock of Navios Maritime Midstream Partners LP (NYSE:NAP) is a huge mover today! The stock increased 2.62% or $0.19 on September 15, reaching $7.44. About 59,096 shares traded. Navios Maritime Midstream Partners LP (NYSE:NAP) has declined 4.60% since September 17, 2016 and is downtrending. It has underperformed by 21.30% the S&P500.
The move comes after 5 months positive chart setup for the $159.03 million company. It was reported on Sep, 17 by Barchart.com. We have $7.96 PT which if reached, will make NYSE:NAP worth $11.13 million more.

Analysts expect Navios Maritime Midstream Partners LP (NYSE:NAP) to report $0.21 EPS on October, 25.They anticipate $0.05 EPS change or 19.23 % from last quarter’s $0.26 EPS. NAP’s profit would be $4.49 million giving it 8.86 P/E if the $0.21 EPS is correct. After having $0.10 EPS previously, Navios Maritime Midstream Partners LP’s analysts see 110.00 % EPS growth.

Navios Maritime Midstream Partners LP (NYSE:NAP) Ratings Coverage

Among 4 analysts covering Navios Maritime Midstream Partners (NYSE:NAP), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Navios Maritime Midstream Partners had 5 analyst reports since September 22, 2015 according to SRatingsIntel. Zacks downgraded the stock to “Hold” rating in Tuesday, September 22 report. The stock of Navios Maritime Midstream Partners LP (NYSE:NAP) has “Neutral” rating given on Friday, January 13 by Credit Suisse. The company was downgraded on Thursday, January 26 by Citigroup. The rating was downgraded by Bank of America on Friday, June 23 to “Underperform”.

More notable recent Navios Maritime Midstream Partners LP (NYSE:NAP) news were published by: Seekingalpha.com which released: “Sell Navios Maritime Midstream Partners” on May 08, 2017, also Nasdaq.com with their article: “Navios Maritime Midstream Partners LP (NAP) Ex-Dividend Date Scheduled for …” published on August 03, 2017, Seekingalpha.com published: “Navios Midstream Is Poised To Plummet” on November 01, 2016. More interesting news about Navios Maritime Midstream Partners LP (NYSE:NAP) were released by: Fool.com and their article: “Better Buy: Seaspan Corporation vs. Navios Maritime Midstream Partners LP” published on October 19, 2016 as well as Seekingalpha.com‘s news article titled: “Navios Maritime Midstream Partners LP: The Straight Story On This Mega-Yielder” with publication date: November 26, 2014.

Navios Maritime Midstream Partners L.P. is a holding company. The company has market cap of $159.03 million. The Company’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts. It has a 8.64 P/E ratio. The Firm focuses to charter its vessels under long-term employment contracts to international oil companies, refiners and large vessel operators.

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