Transmontaigne Partners LP (NYSE:TLP) Move as Institutional Investors’ Sentiment Falls

Sentiment for Transmontaigne Partners LP (NYSE:TLP)

Transmontaigne Partners LP (NYSE:TLP) institutional sentiment decreased to 1.05 in Q2 2018. Its down -0.05, from 1.1 in 2018Q1. The ratio is negative, as 22 active investment managers increased or opened new holdings, while 21 cut down and sold holdings in Transmontaigne Partners LP. The active investment managers in our partner’s database reported: 9.72 million shares, up from 9.66 million shares in 2018Q1. Also, the number of active investment managers holding Transmontaigne Partners LP in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 18 Increased: 13 New Position: 9.

TransMontaigne Partners L.P. provides integrated terminaling, storage, transportation, and related services. The company has market cap of $679.97 million. The firm offers its services to clients engaged in the trading, distribution, and marketing of light and heavy refined petroleum products, crude oil, chemicals, fertilizers, and other liquid products. It has a 24.44 P/E ratio. It operates 8 refined product terminals in Florida with approximately 6.9 million barrels of aggregate active storage capacity; and a 67-mile interstate refined products pipeline between Missouri and Arkansas, as well as 2 refined product terminals in Missouri and Arkansas with an aggregate active storage capacity of approximately 421,000 barrels.

The stock increased 0.05% or $0.02 during the last trading session, reaching $41.06. About 219,007 shares traded or 111.13% up from the average. Transmontaigne Partners L.P. (NYSE:TLP) has declined 12.76% since December 8, 2017 and is downtrending. It has underperformed by 28.38% the S&P500.

Analysts await Transmontaigne Partners L.P. (NYSE:TLP) to report earnings on March, 21. They expect $0.49 EPS, up 19.51 % or $0.08 from last year’s $0.41 per share. TLP’s profit will be $8.11M for 20.95 P/E if the $0.49 EPS becomes a reality. After $0.42 actual EPS reported by Transmontaigne Partners L.P. for the previous quarter, Wall Street now forecasts 16.67 % EPS growth.

Arclight Capital Partners Llc holds 11.68% of its portfolio in Transmontaigne Partners L.P. for 3.17 million shares. Amg Funds Llc owns 26,687 shares or 0.62% of their US portfolio. Moreover, Energy Income Partners Llc has 0.46% invested in the company for 685,100 shares. The Virginia-based Alexandria Capital Llc has invested 0.41% in the stock. Green Square Capital Llc, a Tennessee-based fund reported 66,237 shares.

Transmontaigne Partners L.P. (NYSE:TLP) Ratings Coverage

Ratings analysis reveals 0 of TransMontaigne Partners’s analysts are positive. Out of 3 Wall Street analysts rating TransMontaigne Partners, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $38 while the high is $55. The stock’s average target of $40.33 is -1.78% below today’s ($41.06) share price. TLP was included in 4 notes of analysts from July 11, 2018. The stock of Transmontaigne Partners L.P. (NYSE:TLP) earned “Hold” rating by Stifel Nicolaus on Wednesday, July 11. The firm has “Neutral” rating by UBS given on Wednesday, November 28. The rating was maintained by UBS on Friday, August 10 with “Buy”. The firm has “Market Perform” rating given on Tuesday, August 14 by Wells Fargo.

More notable recent Transmontaigne Partners L.P. (NYSE:TLP) news were published by: Seekingalpha.com which released: “Merger Arbitrage Mondays – December 3, 2018 – Seeking Alpha” on December 05, 2018, also Streetinsider.com with their article: “ArcLight Makes Offer to Acquire TransMontaigne Partners LP (TLP) – StreetInsider.com” published on July 10, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For November 28, 2018 – Benzinga” on November 28, 2018. More interesting news about Transmontaigne Partners L.P. (NYSE:TLP) were released by: Seekingalpha.com and their article: “TransMontaigne Partners: ArcLight Bids $38 (Whoopee-Do) – Seeking Alpha” published on July 15, 2018 as well as Seekingalpha.com‘s news article titled: “TransMontaigne Partners: Hidden Gem MLP With A Secure 7% Dividend Yield – Seeking Alpha” with publication date: January 06, 2018.

Transmontaigne Partners L.P. (NYSE:TLP) Institutional Positions Chart

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