Southcross Energy Partners, LP (NYSE:SXE) Trading Volume Significantly Lower

Lloyd Doyle
August 19, 2017

It has a 20.87 P/E ratio.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Southcross Energy Partners, L.P. (NYSE:SXE). The company's stock had a trading volume of 9,186 shares.

Shares of Southcross Energy Partners, L.P. It has outperformed by 103.20% the S&P500. It was reported on Aug, 15 by Barchart.com. We have $2.04 PT which if reached, will make NYSE:SXE worth $8.44 million less. Renaissance Technology Ltd Liability holds 0.03% of its portfolio in Farmer Brothers Co. Its up 2.18% from 59,500 shares previously.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock.

Institutional investors now hold around $5 million or 4% in SXE stock. Edge Wealth Mgmt, a New York-based fund reported 1,172 shares. These shares are worth $13,750 and were traded at $13.75 each. It has underperformed by 4.72% the S&P500.

Ratings analysis reveals 67% of H.B. Fuller's analysts are positive. Next quarter's EPS is forecasted to be $-0.43 with next year's EPS projected to be $-1.27. $4.50's average target is 104.55% above currents $2.2 stock price. Heska Corp had 9 analyst reports since August 25, 2015 according to SRatingsIntel. As per Monday, October 19, the company rating was initiated by Buckingham Research. The rating was downgraded by Wunderlich on Friday, January 8 to "Hold".


Since March 10, 2017, it had 0 insider purchases, and 2 sales for $11.51 million activity.

Analysts await HB Fuller Co (NYSE:FUL) to report earnings on September, 20. Zacks Investment Research's price target suggests a potential upside of 6.84% from the company's previous close.

Investors sentiment decreased to 0.62 in 2016 Q4. Its down 0.05, from 0.67 in 2016Q3. It is negative, as 4 investors sold Southcross Energy Partners LP shares while 9 reduced holdings. (SXE) opened at 2.14 on Tuesday. Royal Bancorp Of Canada has invested 0% of its portfolio in Southcross Energy Partners LP (NYSE:SXE). Creative Planning holds 0% or 6,404 shares. Voya Inv Management Lc invested in 0.05% or 457,154 shares. KCG Holdings Inc. increased its position in Southcross Energy Partners, L.P.by 601.4% in the first quarter. Manufacturers Life Insurance The stated it has 143 shares or 0% of all its holdings. The value of the total investment in Southcross Energy Partners, L.P went from $633,000 to $988,000 increasing 56.1% quarter to quarter. 10,661 are owned by Kcg Hldg. Jpmorgan Chase And Communications holds 23,914 shares. Toronto Dominion Bank & Trust accumulated 14,384 shares. Citadel Ltd Liability Co reported 16,345 shares. California Public Employees Retirement System owns 19,200 shares or 0% of their USA portfolio. Goldman Sachs reported 34,343 shares stake.

Southcross Energy Partners, L.P. provides natural gas gathering, processing, treating, compression and transportation services and natural gas liquid (NGL) fractionation and transportation services. The company has market cap of $175.80 million. It also sources, purchases, transports and sells natural gas and NGLs to its power generation, industrial and utility customers. It now has negative earnings. The Company's services include connecting producing wells to pipeline gathering systems; processes and treats gas for pipeline transportation and commercial use; transports gas to end-users and pipeline interconnects; and purchase and sale of gas. Therefore 13% are positive. Southcross Energy Partners LP has a 52-week low of $1.10 and a 52-week high of $4.74. The stock of Southcross Energy Partners LP (NYSE:SXE) has "Buy" rating given on Saturday, August 8 by Stifel Nicolaus. Stifel Nicolaus downgraded the shares of SXE in report on Thursday, March 17 to "Sell" rating. Citigroup downgraded the stock to "Neutral" rating in Monday, January 11 report. The stock of Southcross Energy Partners LP (NYSE:SXE) has "Market Perform" rating given on Friday, January 8 by Wells Fargo.

08/07/2015 - Southcross Energy Partners, L.P. was downgraded to "hold" by analysts at Stifel Nicolaus. Raymond James Financial Advsr Incorporated has invested 0% of its portfolio in Southcross Energy Partners LP (NYSE:SXE).

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