Insider SAUGER JOSEPH sold 348 Shares Of Buckeye Partners, LP (BPL)

Lloyd Doyle
January 20, 2018

Oppenheimer Asset Management Inc. now owns 2,300 shares of the pipeline company's stock valued at $147,000 after buying an additional 439 shares in the last quarter.

In other news, CFO Clair Keith St sold 3,500 shares of the stock in a transaction on Wednesday, December 21st. Buckeye Partners earned a daily sentiment score of 0.09 on Accern's scale.

The stock decreased 2.80% or $0.23 during the last trading session, reaching $7.98. About 1.11 million shares traded or 36.05% up from the average. Masco Corporation (NYSE:MAS) has risen 18.02% since January 16, 2017 and is uptrending. It has outperformed by 90.12% the S&P500. Credit Suisse maintained Buckeye Partners, L.P. (NYSE:BPL) rating on Monday, August 7. BPL's SI was 2.55 million shares in January as released by FINRA. The Argyll Research Llc holds 156,218 shares with $8.90M value, down from 175,745 last quarter. Comerica Bank lifted its position in Buckeye Partners by 2.9% during the second quarter. The SI to Buckeye Partners L P's float is 1.94%. The stock decreased 0.21% or $0.095 during the last trading session, reaching $45.665. Another trade for 5,270 shares valued at $344,658 was sold by Schwartz Gil D. Delta Asset Ltd Tn holds 0% of its portfolio in Buckeye Partners, L.P. (NYSE:BPL) for 300 shares. It has underperformed by 22.69% the S&P500. Buckeye Partners, L.P. (NYSE:BPL) has declined 5.99% since January 16, 2017 and is downtrending. Therefore 86% are positive. Stifel Nicolaus reduced their price target on shares of Buckeye Partners from $68.00 to $63.00 and set a "buy" rating on the stock in a research report on Monday, November 6th. Citigroup cut their target price on Buckeye Partners from $77.00 to $72.00 and set a "buy" rating on the stock in a report on Tuesday, October 10th. Westwood Grp has invested 0.04% of its portfolio in Buckeye Partners, L.P. (NYSE:BPL). During the same quarter in the prior year, the business earned $1.19 EPS. analysts forecast that Buckeye Partners, L.P. will post 3.37 earnings per share for the current year. Barclays Capital maintained the stock with "Equal-Weight" rating in Monday, November 6 report. Credit Suisse has "Outperform" rating and $70 target. As per Monday, October 23, the company rating was maintained by KeyBanc Capital Markets. On Monday, July 10 the stock rating was maintained by Craig Hallum with "Buy".

Investors sentiment increased to 1 in Q3 2017. Its down 0.08, from 1.06 in 2017Q2. 29 funds opened positions while 103 raised stakes. The hedge fund held 692,162 shares of the natural gas distribution company at the end of 2017Q3, valued at $39.45 million, down from 1.14M at the end of the previous reported quarter.

Buckeye Partners (NYSE:BPL) last issued its quarterly earnings data on Friday, November 3rd. Lynch & Associates In owns 14,444 shares. (NASDAQ:MXIM). Comerica Bankshares stated it has 12,796 shares or 0% of all its holdings. Texan Capital Mgmt has 25,585 shares for 0.97% of their portfolio. Duncker Streett And Co owns 0.02% invested in Buckeye Partners, L.P. (NYSE:BPL) for 1,000 shares. 6,952 were reported by Gsa Capital Prtn Limited Liability Partnership. Fcm Investments Tx, Texas-based fund reported 1,400 shares. Dekabank Deutsche Girozentrale accumulated 3,012 shares. Northern Trust Corp, a Illinois-based fund reported 29,573 shares. Jennison Assocs Ltd reported 297,155 shares stake. Sun Life Financial Inc invested in 4,000 shares or 0.02% of the stock. Geode Cap Management Lc reported 7,305 shares.

BP Midstream Partners LP is a master limited partnership formed by BP Pipelines (North America) Inc The Company owns, operates, develops and acquires pipelines and other midstream assets. Two Sigma Securities Llc sold 4,590 shares as the company's stock rose 7.02% with the market. Its segments include Domestic Pipelines & Terminals, Global Marine Terminals and Merchant Services. It has a 113.82 P/E ratio. Its down 0.10, from 1.18 in 2017Q2. It is negative, as 59 investors sold MMM shares while 612 reduced holdings. Wells Fargo & Company MN lifted its position in Buckeye Partners by 37.6% during the second quarter. The insider, SAUGER JOSEPH, now holds 25,807 shares of BPL. Laurion Mngmt Lp invested in 11,069 shares. (NASDAQ:MXIM) shares with value of $1.13 million were sold by KIDDOO BRUCE E. Preeshl Bryan sold $56,412 worth of stock. Cetera Advisor Network Ltd Liability Company accumulated 5,630 shares or 0.01% of the stock. Voya Invest Management holds 197,450 shares or 0.02% of its portfolio. 33,981 were reported by Boston And Mngmt. Evergreen Llc reported 0.39% of its portfolio in State Street Corporation (NYSE:STT). (NYSE:NRZ). Moreover, Fortress Group Ltd Liability Com has 0.19% invested in New Residential Investment Corp. (NASDAQ:MXIM). Ig Mgmt Ltd reported 15,700 shares. Wells Fargo And Co Mn owns 258,669 shares for 0% of their portfolio. Mizuho assumed coverage on shares of Buckeye Partners a report on Thursday, September 29th. Robeco Institutional Asset Mngmt Bv has 189,983 shares for 0.07% of their portfolio. Kistler holds 0.01% or 255 shares. Johnson Inv Counsel Inc stated it has 5,433 shares. Ishares Tr (AGG) was raised too.

Analysts await 3M Company (NYSE:MMM) to report earnings on January, 23. BPL's profit will be $74.53 million for 15.80 P/E if the $0.87 EPS becomes a reality. The pipeline company reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by ($0.05). Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Therefore 47% are positive. As per Friday, November 3, the company rating was maintained by SunTrust. The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, October 26. The rating was upgraded by Goldman Sachs on Monday, September 19 to "Buy". The firm has "Buy" rating given on Thursday, July 13 by Jefferies. The stock has "Buy" rating by Keefe Bruyette & Woods on Tuesday, December 12. The rating was maintained by FBR Capital with "Buy" on Monday, July 10.

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