DCP Midstream Partners, LP (NYSE:DCP) has been given a consensus rating of “Hold” by the eleven analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $40.11.

DCP has been the subject of several research analyst reports. Zacks Investment Research raised DCP Midstream Partners, from a “strong sell” rating to a “hold” rating in a report on Thursday. Royal Bank Of Canada lowered their price objective on DCP Midstream Partners, from $40.00 to $37.00 and set a “sector perform” rating for the company in a report on Wednesday, August 2nd. US Capital Advisors raised DCP Midstream Partners, from a “hold” rating to an “overweight” rating in a report on Wednesday, May 24th. Finally, Credit Suisse Group lowered their price objective on DCP Midstream Partners, from $44.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday.

DCP Midstream Partners, (NYSE DCP) opened at 31.33 on Friday. The stock has a market cap of $4.49 billion, a P/E ratio of 16.91 and a beta of 2.10. DCP Midstream Partners, has a 1-year low of $29.70 and a 1-year high of $42.45. The company’s 50-day moving average price is $33.79 and its 200-day moving average price is $36.46.

DCP Midstream Partners, (NYSE:DCP) last announced its quarterly earnings data on Monday, August 7th. The pipeline company reported $0.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.04. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.60 billion. DCP Midstream Partners, had a return on equity of 6.71% and a net margin of 7.93%. DCP Midstream Partners,’s quarterly revenue was up 20.1% on a year-over-year basis. Analysts predict that DCP Midstream Partners, will post $1.17 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 14th. Investors of record on Tuesday, August 8th will be issued a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 9.96%. The ex-dividend date of this dividend is Friday, August 4th. DCP Midstream Partners,’s dividend payout ratio (DPR) is 164.21%.

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Institutional investors have recently modified their holdings of the company. Ffcm LLC acquired a new position in shares of DCP Midstream Partners, during the second quarter worth about $117,000. Solaris Asset Management LLC acquired a new position in shares of DCP Midstream Partners, during the second quarter worth about $140,000. Penserra Capital Management LLC acquired a new position in shares of DCP Midstream Partners, during the second quarter worth about $162,000. Advisors Asset Management Inc. acquired a new position in shares of DCP Midstream Partners, during the second quarter worth about $178,000. Finally, Sei Investments Co. acquired a new position in shares of DCP Midstream Partners, during the second quarter worth about $179,000. 56.43% of the stock is owned by institutional investors and hedge funds.

DCP Midstream Partners, Company Profile

DCP Midstream, LP, formerly DCP Midstream Partners, LP, is a producer and marketer of natural gas liquids (NGLs) in the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering, and selling condensate, and transporting, storing and selling propane in wholesale markets.

Analyst Recommendations for DCP Midstream Partners, (NYSE:DCP)

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