Lucas Capital Management Has Trimmed Its Western Gas Equity Partners LP (WGP) Stake; 4 Analysts Are Bullish LifePoint Health (LPNT) Last Week

July 18, 2017 - By Michael Collier

Lucas Capital Management decreased Western Gas Equity Partners Lp (WGP) stake by 9.55% reported in 2016Q4 SEC filing. Lucas Capital Management sold 9,655 shares as Western Gas Equity Partners Lp (WGP)’s stock declined 5.04%. The Lucas Capital Management holds 91,489 shares with $3.88M value, down from 101,144 last quarter. Western Gas Equity Partners Lp now has $9.52 billion valuation. The stock increased 0.46% or $0.2 on July 17, reaching $43.3. About shares traded. Western Gas Equity Partners LP (NYSE:WGP) has risen 3.31% since July 18, 2016 and is uptrending. It has underperformed by 13.39% the S&P500.

Among 17 analysts covering Lifepoint Hospitals (NASDAQ:LPNT), 4 have Buy rating, 2 Sell and 11 Hold. Therefore 24% are positive. Lifepoint Hospitals had 37 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Credit Suisse to “Neutral” on Friday, November 11. Barclays Capital maintained the stock with “Underweight” rating in Monday, May 2 report. The firm has “Underperform” rating by Bank of America given on Wednesday, November 9. RBC Capital Markets maintained it with “Outperform” rating and $96 target in Tuesday, November 3 report. The firm has “Neutral” rating given on Thursday, October 22 by Mizuho. The company was maintained on Monday, August 10 by Cantor Fitzgerald. The stock has “Market Outperform” rating by Avondale on Tuesday, February 16. The firm has “Buy” rating given on Wednesday, July 5 by RBC Capital Markets. The stock of LifePoint Health Inc (NASDAQ:LPNT) has “Outperform” rating given on Wednesday, December 16 by Credit Suisse. The firm earned “Neutral” rating on Wednesday, January 20 by Goldman Sachs. See LifePoint Health Inc (NASDAQ:LPNT) latest ratings:

05/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $77.0000 Maintain
07/06/2017 Broker: Morgan Stanley Rating: Equal-Weight New Target: $65 Initiates Coverage On
07/06/2017 Broker: Leerink Swann Old Rating: Market Perform New Rating: Outperform Old Target: $73 New Target: $74 Upgrade
30/05/2017 Broker: RBC Capital Markets Rating: Buy New Target: $77.0000 Maintain
05/04/2017 Broker: Deutsche Bank Rating: Hold New Target: $68.00 Initiates Coverage On
21/02/2017 Broker: Mizuho Rating: Neutral Old Target: $50 New Target: $57 Maintain

Analysts await Western Gas Equity Partners LP (NYSE:WGP) to report earnings on July, 25. They expect $0.40 earnings per share, down 2.44% or $0.01 from last year’s $0.41 per share. WGP’s profit will be $87.94M for 27.06 P/E if the $0.40 EPS becomes a reality. After $0.35 actual earnings per share reported by Western Gas Equity Partners LP for the previous quarter, Wall Street now forecasts 14.29% EPS growth.

Investors sentiment increased to 0.93 in Q4 2016. Its up 0.03, from 0.9 in 2016Q3. It increased, as 12 investors sold WGP shares while 34 reduced holdings. 17 funds opened positions while 26 raised stakes. 38.31 million shares or 6.57% less from 41.01 million shares in 2016Q3 were reported. Pnc Grp Incorporated stated it has 0% in Western Gas Equity Partners LP (NYSE:WGP). Caprock Inc holds 6,955 shares or 0.07% of its portfolio. Citigroup Inc reported 0.05% stake. Nuveen Asset Mngmt Ltd Liability accumulated 24,713 shares or 0.01% of the stock. Citadel Advisors Ltd Limited Liability Company holds 0% of its portfolio in Western Gas Equity Partners LP (NYSE:WGP) for 8,473 shares. Mai owns 111,515 shares or 0.34% of their US portfolio. Bank Of America De stated it has 0.01% in Western Gas Equity Partners LP (NYSE:WGP). Stephens Ar holds 9,520 shares or 0.02% of its portfolio. Yorkville Cap Ltd Liability Corp reported 24,272 shares stake. Alps Advsrs accumulated 0% or 14,860 shares. Jane Street Gru Limited Liability Com owns 172,727 shares. Kayne Anderson Capital Advisors LP holds 0.3% or 694,546 shares in its portfolio. Linscomb Williams holds 0.04% or 10,240 shares in its portfolio. Tortoise Cap holds 0.33% or 1.20M shares in its portfolio. Forward Limited Liability Corp invested in 0.85% or 286,942 shares.

Among 17 analysts covering Western Gas Equity Partners (NYSE:WGP), 5 have Buy rating, 0 Sell and 12 Hold. Therefore 29% are positive. Western Gas Equity Partners had 24 analyst reports since August 3, 2015 according to SRatingsIntel. maintained Western Gas Equity Partners LP (NYSE:WGP) on Monday, October 10 with “Equal-Weight” rating. As per Friday, January 15, the company rating was downgraded by Wells Fargo. The firm earned “Outperform” rating on Friday, April 21 by Macquarie Research. The firm earned “Neutral” rating on Thursday, March 17 by Credit Suisse. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, October 11. The stock of Western Gas Equity Partners LP (NYSE:WGP) has “Neutral” rating given on Friday, March 11 by Goldman Sachs. Citigroup maintained Western Gas Equity Partners LP (NYSE:WGP) on Thursday, April 7 with “Neutral” rating. The firm has “Buy” rating by Zacks given on Thursday, August 6. The rating was upgraded by Bank of America on Monday, February 27 to “Neutral”. Wunderlich downgraded Western Gas Equity Partners LP (NYSE:WGP) on Wednesday, January 20 to “Hold” rating.

LifePoint Health, Inc., through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities. The company has market cap of $2.64 billion. As of December 31, 2016, the Company operated 72 hospital campuses in 22 states, having a total of 9,424 licensed beds. It has a 17.02 P/E ratio. It offers a range of general and specialized healthcare services to patients through a network of hospitals and outpatient facilities.

The stock decreased 0.61% or $0.4 during the last trading session, reaching $65. About shares traded. LifePoint Health Inc (NASDAQ:LPNT) has declined 5.01% since July 18, 2016 and is downtrending. It has underperformed by 21.71% the S&P500.

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