Archrock Partners LP (APLP) Reaches $12.28 After 5.00% Down Move; Gideon Capital Advisors Trimmed By $1.05 Million Its Scana New (SCG) Holding

November 14, 2017 - By Marguerite Chambers

Gideon Capital Advisors Inc decreased Scana Corp New (SCG) stake by 67.16% reported in 2017Q2 SEC filing. Gideon Capital Advisors Inc sold 15,616 shares as Scana Corp New (SCG)’s stock declined 0.18%. The Gideon Capital Advisors Inc holds 7,636 shares with $512,000 value, down from 23,252 last quarter. Scana Corp New now has $6.35B valuation. The stock declined 0.25% or $0.11 reaching $44.47 per share. About 1.37M shares traded. SCANA Corporation (NYSE:SCG) has declined 4.13% since November 14, 2016 and is downtrending. It has underperformed by 20.83% the S&P500.

The stock of Archrock Partners LP (NASDAQ:APLP) is a huge mover today! About 74,362 shares traded. Archrock Partners LP (NASDAQ:APLP) has risen 11.95% since November 14, 2016 and is uptrending. It has underperformed by 4.75% the S&P500.The move comes after 7 months negative chart setup for the $861.83M company. It was reported on Nov, 14 by Barchart.com. We have $11.67 PT which if reached, will make NASDAQ:APLP worth $43.09M less.

Among 3 analysts covering Archrock Partners L.P. – Common Units representing Limited Partner Interests (NASDAQ:APLP), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Archrock Partners L.P. – Common Units representing Limited Partner Interests has $21 highest and $11 lowest target. $15’s average target is 22.15% above currents $12.28 stock price. Archrock Partners L.P. – Common Units representing Limited Partner Interests had 6 analyst reports since November 9, 2015 according to SRatingsIntel. Goldman Sachs upgraded the shares of APLP in report on Tuesday, June 21 to “Buy” rating. The rating was upgraded by RBC Capital Markets to “Outperform” on Wednesday, August 23. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, November 9. On Friday, August 5 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

Archrock Partners, L.P. is engaged in natural gas compression industry in the United States. The company has market cap of $861.83 million. The Company’s contract activities services include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers. It currently has negative earnings. It provides contract activities services, including the personnel, equipment, tools, materials and supplies to meet its customers’ natural gas compression needs.

Analysts await Archrock Partners LP (NASDAQ:APLP) to report earnings on February, 22. They expect $0.10 EPS, down 37.50% or $0.06 from last year’s $0.16 per share. APLP’s profit will be $7.02M for 30.70 P/E if the $0.10 EPS becomes a reality. After $0.02 actual EPS reported by Archrock Partners LP for the previous quarter, Wall Street now forecasts 400.00% EPS growth.

Investors sentiment decreased to 0.86 in Q2 2017. Its down 0.11, from 0.97 in 2017Q1. It fall, as 46 investors sold SCG shares while 161 reduced holdings. 46 funds opened positions while 133 raised stakes. 93.24 million shares or 2.65% less from 95.77 million shares in 2017Q1 were reported. 34,648 are owned by Cognios Capital Limited Liability Company. Pacad Invest accumulated 14,600 shares. Kcm Inv Advisors Limited Liability Company holds 0.05% or 12,324 shares. Blair William & Com Il has invested 0.01% in SCANA Corporation (NYSE:SCG). Old Mutual Customised Solutions (Proprietary) Ltd holds 0.03% or 2,600 shares in its portfolio. Norinchukin State Bank The has invested 0.02% in SCANA Corporation (NYSE:SCG). Schwab Charles Investment Mngmt reported 666,020 shares. Welch Lc reported 4,735 shares or 0.05% of all its holdings. Millennium Mgmt Ltd Liability invested 0.06% in SCANA Corporation (NYSE:SCG). Commonwealth Of Pennsylvania School Empls Retrmt reported 10,618 shares. Pennsylvania Tru invested in 0.01% or 3,284 shares. Hamel reported 0.37% in SCANA Corporation (NYSE:SCG). 12.14M are owned by Blackrock. Opus Mgmt has invested 0.45% in SCANA Corporation (NYSE:SCG). Westpac Banking reported 0% in SCANA Corporation (NYSE:SCG).

Among 10 analysts covering SCANA (NYSE:SCG), 2 have Buy rating, 3 Sell and 5 Hold. Therefore 20% are positive. SCANA had 25 analyst reports since August 15, 2015 according to SRatingsIntel. The firm has “Hold” rating by Bank of America given on Tuesday, October 24. The firm earned “Sell” rating on Friday, July 28 by Guggenheim. Macquarie Research downgraded SCANA Corporation (NYSE:SCG) on Tuesday, January 24 to “Neutral” rating. The stock of SCANA Corporation (NYSE:SCG) earned “Underweight” rating by Morgan Stanley on Monday, November 13. Mizuho upgraded the stock to “Buy” rating in Monday, February 8 report. The company was maintained on Tuesday, June 14 by Mizuho. Williams Capital Group downgraded the stock to “Hold” rating in Monday, September 18 report. The firm has “Underperform” rating by Mizuho given on Friday, July 7. Williams Capital Group downgraded the stock to “Sell” rating in Friday, September 29 report. Macquarie Research upgraded SCANA Corporation (NYSE:SCG) rating on Thursday, October 29. Macquarie Research has “Outperform” rating and $61 target.

Gideon Capital Advisors Inc increased Goldman Sachs Group Inc (NYSE:GS) stake by 4,815 shares to 5,966 valued at $1.32 million in 2017Q2. It also upped National Retail Pptys Inc (NYSE:NNN) stake by 12,729 shares and now owns 17,828 shares. On Semiconductor Corp (ONNN) was raised too.

Analysts await SCANA Corporation (NYSE:SCG) to report earnings on February, 15. They expect $0.98 earnings per share, up 12.64% or $0.11 from last year’s $0.87 per share. SCG’s profit will be $139.94 million for 11.34 P/E if the $0.98 EPS becomes a reality. After $1.16 actual earnings per share reported by SCANA Corporation for the previous quarter, Wall Street now forecasts -15.52% negative EPS growth.

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