Bank of America Initiates Coverage on Plains All American Pipeline (PAA)

Center Coast Capital Advisors LP now owns 9,155,804 shares of the pipeline company's stock worth $194,011,000 after acquiring an additional 1,056,634 shares during the last quarter. The Chickasaw Capital Management Llc holds 7.44M shares with $157.56 million value, up from 6.94M last quarter. The company has a market cap of $16,650.00, a P/E ratio of 26.70 and a beta of 1.00. The stock decreased 0.26% or $0.09 during the last trading session, reaching $34.5. The stock had a trading volume of 3,239,300 shares, compared to its average volume of 3,650,000. The Charles Schwab Corporation (SCHW) has risen 32.11% since January 11, 2017 and is uptrending. It has underperformed by 23.00% the S&P500.

Metropolitan Life Insurance Company decreased its stake in Plains All American Pipeline Units (PAA) by 48.43% based on its latest 2017Q3 regulatory filing with the SEC. Advisory Services Network LLC now owns 4,624 shares of the pipeline company's stock valued at $121,000 after acquiring an additional 223 shares during the period. Salient Cap Advsr Limited Liability Company holds 3.04 million shares. About 171,787 shares traded or 75.19% up from the average. Plains All American Pipeline, L.P. earnings have declined with an annualized rate of -29.3% over the last 5 years. It has underperformed by 5.20% the S&P500.

Investors sentiment decreased to 0.63 in 2017 Q3.


Plains All American Pipeline, L.P. (NYSE:PAA) shares were trading higher by 1.55 percent ($0.35) at $22.96 a piece in Wednesday's session. It is positive, as 0 investors sold Cardtronics plc shares while 0 reduced holdings. 35 funds opened positions while 82 raised stakes. 120.15 million shares or 5.11% more from 114.31 million shares in 2017Q2 were reported. During the same quarter in the previous year, the company posted $0.39 EPS. equities analysts predict that Plains All American Pipeline, L.P. will post 1.14 EPS for the current year. Security Natl Tru accumulated 4,000 shares. This is lower than the both industry's 3.7 and the wider sector's 14.83. (NASDAQ:TRIP). Koch Incorporated holds 0.06% or 6,409 shares in its portfolio.

Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. Td Capital Management Limited Com owns 426 shares. After a recent check, it is observed that the insiders for the firm now own 0.40% shares. Plancorp Llc, Missouri-based fund reported 12,150 shares. Plains All American Pipeline presently has an average rating of "Hold" and an average price target of $26.42. Plains All American Pipeline, L.P. has a 1-year low of $18.38 and a 1-year high of $33.01. Saratoga Research Inv Mgmt has invested 0.11% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Plains All Amern Pipeline L now has $16.63 billion valuation. Pacific Ridge Prns Ltd reported 0.75% stake. Of those insider trades, 2.42 million shares of Plains All American Pipeline, L.P. were purchased and 5.28 million shares were sold. Therefore 33% are positive. State Bank Financial had 17 analyst reports since September 23, 2015 according to SRatingsIntel. The Return on Investment (ROI) ratio of Plains All American Pipeline, L.P. (PAA) is 5.1 percent. SunTrust Banks reiterated a "hold" rating and issued a $24.00 price objective on shares of Plains All American Pipeline in a report on Friday, November 10th. The firm has "Market Perform" rating given on Monday, November 27 by Cowen & Co. The rating was maintained by BMO Capital Markets on Friday, August 18 with "Market Perform". RBC Capital Markets maintained Plains All American Pipeline, L.P. (NYSE:PAA) rating on Sunday, October 1. The firm earned "Hold" rating on Monday, December 14 by Wunderlich. Piper Jaffray maintained Apple Inc. Finally, Stifel Nicolaus upped their target price on shares of Plains All American Pipeline from $21.00 to $22.00 and gave the stock a "hold" rating in a research note on Wednesday, November 8th. With respect to PAA's Series A Preferred Units, PAA announced a payment-in-kind ("PIK") of the quarterly distribution, which will result in the issuance of an additional 1,393,926 Series A Preferred Units.

Several other institutional investors have also sold shares of the company. 116 funds opened positions while 640 raised stakes. For the next fiscal year, analysts anticipate that the business will report earnings of $1.49 per share, with EPS estimates ranging from $1.33 to $1.89. Jpmorgan Chase & has invested 0% in Hanesbrands Inc. They expect $0.43 earnings per share, up 207.14 % or $0.29 from last year's $0.14 per share. Olstein Management LP holds 2.25% in Apple Inc. Lsv Asset has invested 0% in The First Bancshares, Inc. Morgan Stanley holds 10,915 shares. Tower Llc (Trc) stated it has 4,081 shares or 0.01% of all its holdings. Duncker Streett & holds 0.04% or 6,256 shares in its portfolio. Endeavour holds 0.66% of its portfolio in The First Bancshares, Inc. Highlander Capital Mgmt Lc holds 1,080 shares or 0.02% of its portfolio. Navellier And Assoc invested 0.36% of its portfolio in Apple Inc. (NYSE:HBI). 257,133 were reported by Macquarie Gp. (NASDAQ:FBMS) for 63,309 shares. Citigroup maintained the stock with "Buy" rating in Tuesday, August 15 report. Stockholders of record on Wednesday, January 31st will be given a dividend of 0.30 per share by the pipeline company on Wednesday, February 14th. VANGUARD GROUP INC owned 3.44% of American Axle & Manufacturing Holdings, Inc. As per Thursday, August 6, the company rating was downgraded by Goldman Sachs. The firm earned "Underperform" rating on Monday, February 8 by Robert W. Baird. Credit Suisse maintained the stock with "Neutral" rating in Monday, March 28 report.

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