Discussion stirs around Genesis Energy, L.P. (NYSE:GEL) this week; here is what analysts are saying.

June 15, 2018 - By Darrin Black

Genesis Energy, L.P. (NYSE:GEL) LogoInvestors sentiment decreased to 0.9 in 2018 Q1. Its down 0.10, from 1 in 2017Q4. It dropped, as 18 investors sold Genesis Energy, L.P. shares while 41 reduced holdings. 13 funds opened positions while 40 raised stakes. 85.91 million shares or 1.88% less from 87.56 million shares in 2017Q4 were reported.
Chickasaw Cap Ltd Limited Liability Company stated it has 5.83% of its portfolio in Genesis Energy, L.P. (NYSE:GEL). Deutsche Commercial Bank Ag has invested 0.01% of its portfolio in Genesis Energy, L.P. (NYSE:GEL). Advantus Cap Mngmt Inc holds 66,600 shares. Jpmorgan Chase & reported 2.53 million shares or 0.01% of all its holdings. Texas Cap National Bank & Trust Tx, a Texas-based fund reported 300,000 shares. Captrust holds 2,980 shares or 0% of its portfolio. Salient Trust Lta stated it has 39,925 shares or 0.1% of all its holdings. Blair William & Il accumulated 55,817 shares. Cv Starr Company Trust reported 2.82% in Genesis Energy, L.P. (NYSE:GEL). Royal Bancshares Of Canada, Ontario – Canada-based fund reported 126,708 shares. Toronto Dominion National Bank & Trust invested in 0% or 25 shares. Citadel Advsrs Ltd Llc has invested 0% in Genesis Energy, L.P. (NYSE:GEL). Rr Advisors Ltd Liability Com accumulated 2.43 million shares. Selz Capital Limited Liability Company has invested 1.05% in Genesis Energy, L.P. (NYSE:GEL). Neuberger Berman Grp Limited Liability Company accumulated 793,890 shares or 0.02% of the stock.

Since December 19, 2017, it had 2 insider buys, and 1 sale for $570,400 activity. Flynn Edward T bought $249,999 worth of stock or 12,525 shares. JASTROW KENNETH M II bought 15,000 shares worth $334,800.

Genesis Energy, L.P. (NYSE:GEL) Ratings Coverage

Among 4 analysts covering Genesis Energy LP (NYSE:GEL), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Genesis Energy LP had 4 analyst reports since February 16, 2018 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, April 17. The stock of Genesis Energy, L.P. (NYSE:GEL) earned “Hold” rating by RBC Capital Markets on Friday, February 16. Robert W. Baird maintained the shares of GEL in report on Friday, February 16 with “Buy” rating. On Friday, March 2 the stock rating was maintained by UBS with “Buy”. Below is a list of Genesis Energy, L.P. (NYSE:GEL) latest ratings and price target changes.

17/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $24 New Target: $23 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $39 New Target: $38 Maintain
16/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $27.0 Maintain
16/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $26.0 Maintain

The stock decreased 2.77% or $0.64 during the last trading session, reaching $22.48. About 340,145 shares traded. Genesis Energy, L.P. (NYSE:GEL) has declined 32.24% since June 15, 2017 and is downtrending. It has underperformed by 44.81% the S&P500.

Genesis Energy, L.P. operates in the midstream segment of the natural gas and crude oil industry. The company has market cap of $2.76 billion. It operates through four divisions: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. It has a 111.29 P/E ratio. The Offshore Pipeline Transportation segment engages in the pipeline transportation and processing of natural gas and crude oil.

Another recent and important Genesis Energy, L.P. (NYSE:GEL) news was published by Investorplace.com which published an article titled: “The Mighty Middle of the Market” on June 13, 2018.

Genesis Energy, L.P. (NYSE:GEL) Institutional Positions Chart

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