2017-03-12

Analyst Ratings For Global Partners LP (NYSE:GLP)

Today, Barclays PLC reiterated its Equal Weight rating on Global Partners LP (NYSE:GLP) with a price target of $18.00.

There are 1 sell rating, 2 hold ratings, 1 buy rating on the stock.

The current consensus rating on Global Partners LP (NYSE:GLP) is Hold (Score: 2.00) with a consensus target price of $17.75 per share, a potential 8.51% downside.

Some recent analyst ratings include

3/11/2017-Barclays PLC Reiterated Rating of Equal Weight.

11/9/2016-Mitsubishi UFJ Financial Group Reiterated Rating of Neutral .

1/29/2016-Citigroup Inc was Downgraded by analysts at Citigroup Inc from a “Neutral” rating to a “” rating. They now have a $20.00 price target on the stock, up previously from $31.00 .

12/8/2015-Mitsubishi UFJ Financial Group Inc Reiterated Rating of Neutral.

Dividend information for Global Partners LP (NYSE:GLP)

Global Partners LP (NYSE:GLP) pays an annual dividend of $1.85 with a yield of 9.54% and an average dividend growth of -7.50% based on a 3 Year Average..

Dividend History for Global Partners LP (NYSE:GLP)

On 1/31/2017 Global Partners LP announced a quarterly dividend of $0.46 9.18% with an ex dividend date of 2/7/2017 which will be payable on 2/14/2017.

On 10/27/2016 Global Partners LP announced a quarterly dividend of $0.46 11.6% with an ex dividend date of 11/4/2016 which will be payable on 11/14/2016.

On 7/28/2016 Global Partners LP announced a quarterly dividend of $0.46 14.14% with an ex dividend date of 8/4/2016 which will be payable on 8/12/2016.

On 4/27/2016 Global Partners LP announced a quarterly dividend of $0.46 13.21% with an ex dividend date of 5/4/2016 which will be payable on 5/16/2016.

On 1/29/2016 Global Partners LP announced a quarterly dividend of $0.46 17.32% with an ex dividend date of 2/8/2016 which will be payable on 2/16/2016.

On 10/22/2015 Global Partners LP announced a quarterly dividend of $0.70 8.24% with an ex dividend date of 11/2/2015 which will be payable on 11/13/2015.

On 7/23/2015 Global Partners LP announced a quarterly dividend of $0.69 8.49% with an ex dividend date of 8/3/2015 which will be payable on 8/14/2015.

Recent Insider Trading Activity For Global Partners LP (NYSE:GLP)
Global Partners LP (NYSE:GLP) has insider ownership of 41.50% and institutional ownership of 37.76%.

On 12/24/2015 Alfred A Slifka, Major Shareholder, sold 879,373 with an average share price of $17.20 per share and the total transaction amounting to $15,125,215.60. View SEC Filing

On 9/14/2015 Global Gp Llc, insider, bought 19,689 with an average share price of $30.49 per share and the total transaction amounting to $600,317.61. View SEC Filing

On 9/10/2015 Global Gp Llc, Insider, bought 9,877 with an average share price of $30.57 per share and the total transaction amounting to $301,939.89. View SEC Filing

On 9/9/2015 Global Gp Llc, Insider, bought 10,000 with an average share price of $31.83 per share and the total transaction amounting to $318,300.00. View SEC Filing

On 9/4/2015 Global Gp Llc, Insider, bought 3,400 with an average share price of $32.01 per share and the total transaction amounting to $108,834.00. View SEC Filing

On 9/3/2015 Global Gp Llc, insider, bought 3,747 with an average share price of $31.66 per share and the total transaction amounting to $118,630.02. View SEC Filing

On 9/2/2015 Daphne H. Foster, CFO, bought 2,000 with an average share price of $31.18 per share and the total transaction amounting to $62,360.00. View SEC Filing

About Global Partners LP (NYSE:GLP)
Global Partners LP is a midstream logistics and marketing company. The Company is engaged in the purchasing, selling and logistics of transporting petroleum and related products, including domestic and Canadian crude oil, gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, natural gas and propane. It operates through three segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. Its Wholesale segment engages in the logistics of selling, gathering, storage and transportation of refined petroleum products, renewable fuels, crude oil and propane. In the GDSO segment, gasoline distribution includes sales of branded and unbranded gasoline to gasoline station operators and sub jobbers. Its Commercial segment includes sales and deliveries to end user customers in the public sector and to commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel and natural gas.

Recent Trading Activity for Global Partners LP (NYSE:GLP)
Shares of Global Partners LP closed the previous trading session at 19.40 up +0.20 1.04% with 59,891 shares trading hands.

The post Analyst Activity – Barclays PLC Reiterates Equal Weight on Global Partners LP (NYSE:GLP) appeared first on Market Exclusive.

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