According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. About 989,912 shares traded. The Coca-Cola Co (NYSE:KO) has declined 0.95% since August 10, 2016 and is downtrending. It has outperformed by 22.73% the S&P500.
Sir Capital Management Lp increased Targa Res Corp (TRGP) stake by 21.88% reported in 2016Q4 SEC filing. Penserra Capital Management LLC now owns 3,529 shares of the pipeline company's stock worth $211,000 after buying an additional 1,228 shares during the last quarter. The hedge fund held 7.57M shares of the public utilities company at the end of 2016Q4, valued at $424.57M, down from 7.64M at the end of the previous reported quarter. Gulf International Bank UK Ltd increased its stake in shares of Targa Resources by 4.4% in the first quarter.
The Relative Volume of the company is 0.92 and Average Volume (3 months) is 2.1 million. Analysts reported that the Price Target for Targa Resources Corp. might touch $71 high while the Average Price Target and Low price Target is $53.68 and $47 respectively. Ten investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Therefore 62% are positive. CBOE Holdings Inc had 56 analyst reports since August 4, 2015 according to SRatingsIntel. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock. Glob X Mgmt holds 313,553 shares or 0.78% of its portfolio. As per Monday, February 22, the company rating was maintained by Brean Capital. The stock was sold at an average price of $44.70, for a total transaction of $93,870.00. The company has market cap of $9.65 billion.
06/22/2017 - Targa Resources, Inc. had its "buy" rating reiterated by analysts at UBS. The company was maintained on Monday, June 26 by Stifel Nicolaus. The rating was maintained by Bank of America on Monday, August 10 with "Underperform". Bernstein has "Buy" rating and $48 target. Stock dripped -24.11% over the trailing 6 months. 200 shares were sold by McParland Jeffrey J, worth $12,000. GORDON WILLIAM B sold $1.93M worth of Zynga Inc (NASDAQ:ZNGA) on Tuesday, May 30. 400 shares were sold by English Frank E. Jr., worth $33,732 on Friday, May 12. The ex-dividend date is Friday, July 28th.
Investors sentiment increased to 1.09 in Q4 2016. Its down 0.31, from 1.19 in 2016Q3. 49 funds opened positions while 68 raised stakes. CRMD's SI was 3.57 million shares in August as released by FINRA. First Analysis initiated the shares of EPAY in report on Wednesday, June 29 with "Overweight" rating. (NYSEMKT:CRMD) for 11,611 shares. Parametrica invested in 0.35% or 6,666 shares. Raymond James Svcs Advsr has 0% invested in CorMedix Inc. Geode Capital Llc owns 292,638 shares. Winslow Evans & Crocker holds 0% or 708 shares in its portfolio. Zacks Investment Research raised shares of Targa Resources from a "sell" rating to a "hold" rating in a report on Wednesday. Therefore 72% are positive. The stock has "Sell" rating by Zacks on Tuesday, August 18. The rating was maintained by Pacific Crest with "Equal Weight" on Monday, August 10. The firm has "Buy" rating given on Tuesday, March 22 by Jefferies. Finally, Jefferies Group LLC reaffirmed a "hold" rating on shares of Targa Resources in a report on Friday, May 5th. (NYSE:TRGP) stock was up 2.44% to $44.86.
06/29/2017 - Targa Resources, Inc. had its "outperform" rating reiterated by analysts at Robert W. Baird.
Since an alpha above 1 hints at more gains, investors can predict some further rally scope. Its the same as in 2016Q3. It is the same, as 35 investors sold TRGP shares while 102 reduced holdings. only 70 funds opened positions while 130 raised stakes. 415.72 million shares or 2.44% more from 405.83 million shares in 2016Q3 were reported.
In case of Revenue Estimates, 9 analysts have provided their consensus Average Revenue Estimates for Targa Resources Corp.as 1.98 Billion. Private Trust Co. NA raised its stake in shares of Targa Resources by 0.7% in the first quarter. Cohen Steers has invested 0.19% in Targa Resources Corp (NYSE:TRGP). Illinois-based Envestnet Asset has invested 0% in Targa Resources Corp (NYSE:TRGP). It also upped Cree Inc (NASDAQ:CREE) stake by 240,852 shares and now owns 871,806 shares. Cushing Asset Management Lp acquired 25,215 shares as Targa Res Corp (TRGP)'s stock declined 13.24%. Moreover, Joel Isaacson & Ltd Com has 0.02% invested in Targa Resources Corp (NYSE:TRGP) for 1,638 shares. Blackrock Inc owns 333,228 shares. Barnett Communications stated it has 8,419 shares. Raymond James Assocs owns 264,842 shares or 0.04% of their U.S. portfolio. New York State Teachers Retirement Systems stated it has 80,753 shares or 0.02% of all its holdings. Perhaps, that suggests something about why 82.45% of the outstanding share supply is held by institutional investors.
Since February 22, 2017, it had 0 buys, and 5 selling transactions for $1.71 million activity. Middlebrooks Dan C had sold 2,597 shares worth $133,066. Shares for $574,706 were sold by MELOY MATTHEW J on Wednesday, May 10.
ILLEGAL ACTIVITY WARNING: "Targa Resources, Inc".
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