John Raymond Insider Buy Transaction
Plains GP Holdings LP (NYSE:PAGP)
17.43 +0.95 5.76%
‘s director John Raymond purchased 50,000 shares of the pipeline transportation’s company in a stock market purchase dated September 30, 2015. The reported shares were acquired at the avg. market share price which was $16.5, for an aggregate transaction of $824,850. The date of investment was September 30, 2015, and it was made public in a SEC-filed document, which you can access here. John Raymond owns 0.06% of the pipeline transportation-company’s market cap or 150,000 shares.
Plains Gp Holdings Lp Stock Rating, Sentiment and Fundamentals
there are seventeen professional security analysts covering the -listed Plains Gp Holdings Lp are also confident bulls. That would give it price-earnings ratio of 25.54 and YOY growth of 10.25%.
Rating & Sentiment
PsychSignal Social:
SELL
Analysts Rating:
BUY
Hedge Funds Sentiment:
BUY
Stock Fundamentals
Earnings + FCF Trend:
BUY
Sector/Industry Macro:
BULLISH
Valuation Models:
-
Technical Analysis
ST Trend:
DOWN
MT Trend:
DOWN
LT Trend:
DOWN
OctaFinance Rating*:
NEUTRAL
* Read How Our Stock Ratings System Works
Plains Gp Holdings Lp’s share price has dived a colossal 29.18% in the last 200 days, and is currently in a steady and strong downtrend. Because of our tested time momentum model as presented on the chart below gives a sell signal, Our equity analysts can’t rate the stock BUY as John Raymond did with his action.
Price Chart of Plains Gp Holdings Lp NYSE:PAGP Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
Hedge Funds Ownership
According to SEC 13F filings for Q2 2015, 213 investment managers own shares in Plains Gp Holdings Lp. The institutional ownership of the company in focus in Q2 2015 is very high, at 92.38% of the shares outstanding. Its down 0.79% from Q1 2015. These stock owners decreased the total shares they own by 1.66 million to 207.21 million this quarter. There were 30 funds that closed their positions and 65 that reduced them. A total of 33 funds opened new positions in Plains Gp Holdings Lp and 91 increased their holdings.
This stock is held by eight [HF3951] in their Top 10 stock holdings. Some of them are: Zimmer Partners Lp, Salient Capital Advisors Llc, Lucas Capital Management, Tph Asset Management Llc, Eagle Global Advisors Llc, Harvest Fund Advisors Llc, Rr Advisors Llc, Two Creeks Capital Management Lp.
Advisors Capital Management Llc is the most bullish institutional investor on Plains Gp Holdings Lp, with ownership of 31,239 shares as of Q2 2015 for 0.09% of the fund’s portfolio. Ancora Advisors Llc is another bullish player possessing 24,670 shares of the company or 0.07% of their stocks portfolio. The stock is also 0.02% of the fund’s AUM. The Massachusetts-based fund Bollard Group Llc have less than 0.01% of their stock portfolio invested in the stock for 528 shares. In addition, T Boone Pickens’s Boston Private Wealth Llc disclosed it had acquired a stake worth 0.03% of the fund’s stock portfolio in the company. The New York-based fund Burnham Asset Management Corp Ny was also a notable supporter of the publicly listed company, with ownership of 117,785 shares. Plains Gp Holdings Lp is 0.70% of the fund’s stock portfolio.
Plains GP Holdings LP NYSE:PAGP Company Profile
Plains GP Holdings, L.P. (PAGP), owns an interest in the general partner and incentive distribution rights of Plains All American Pipeline, L.P (PAA). The Company has no separate operating activities apart from those conducted by PAA. PAA owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. PAA’s operational segments include Transportation, Facilities, and Supply and Logistics. The transportation segment operations consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The facilities segment operations consist of fee-based activities associated with providing storage, terminalling and throughput services for crude oil, refined products, NGL and natural gas. The supply and logistics segment operations consist of merchant-related activities.
Company Website: Plains GP Holdings LP
Plains Gp Holdings Lp was formed in Delaware on 2013-07-17. Currently its market worth is: $3.93 billion and it has 238.47 million shares outstanding. The firm has 2900 employees. Now there are 35.61% shareholders and the institutional ownership is 35.61%. The stock closed at $16.48 yesterday and it had average 2 days volume of 590597 shares. It is up from the 30 days average shares volume of 401411. Plains Gp Holdings Lp has a one year low of $16.29 and a 52weeks high of $30.75. The current price is below the 200 days simple moving average. Plains Gp Holdings Lp last issued its quarterly earnings data on 08/04/2015. The company reported 0.14 EPS for the quarter, missing the consensus estimate of 0.17 by -0.03. The company had a revenue of 6.66 billion for 6/30/2015 and 5.94 billion for 3/31/2015. Therefore, the revenue was 721.00 million up.
John Raymond is also Chief Executive Officer of Plains Resources Inc, President of Plains Exploration & Production Co, director of Plains All American Pipeline Lp, Tallgrass Energy Gp, Lp, Ngl Energy Partners Lp, Tallgrass Energy Partners, Lp, Crusader Energy Group Inc.
The post The Insider John Raymond Paid for 50000 shares of Plains GP Holdings LP (NYSE:PAGP) appeared first on Octafinance.