Dominion Midstream Partners, LP (NYSE:DM) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Dominion Energy Midstream Partners, LP is a Delaware limited partnership company. Its portfolio consist of natural gas terminaling, processing, storage, transportation and related assets. Dominion Energy Midstream Partners LP, formerly known as Dominion Midstream Partners LP, is headquartered in Richmond, Va. “

DM has been the topic of a number of other research reports. Scotiabank set a $35.00 target price on shares of Dominion Midstream Partners, and gave the company a “buy” rating in a research note on Saturday, July 22nd. TheStreet cut shares of Dominion Midstream Partners, from a “b-” rating to a “c” rating in a research note on Wednesday, May 31st. Barclays PLC cut shares of Dominion Midstream Partners, from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $37.00 to $32.00 in a research note on Tuesday, July 18th. Royal Bank Of Canada reissued a “buy” rating and issued a $41.00 target price on shares of Dominion Midstream Partners, in a research note on Monday, May 8th. Finally, BidaskClub raised shares of Dominion Midstream Partners, from a “strong sell” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. Dominion Midstream Partners, presently has an average rating of “Buy” and a consensus price target of $33.78.

Shares of Dominion Midstream Partners, (NYSE:DM) traded down 1.69% during trading on Tuesday, hitting $26.15. 147,586 shares of the stock traded hands. The firm has a 50 day moving average price of $27.59 and a 200-day moving average price of $29.91. Dominion Midstream Partners, has a one year low of $23.17 and a one year high of $33.70. The company has a market cap of $2.59 billion, a PE ratio of 19.30 and a beta of 1.67.

Dominion Midstream Partners, (NYSE:DM) last posted its earnings results on Wednesday, August 2nd. The pipeline company reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.35 by $0.04. The business had revenue of $115.70 million during the quarter, compared to the consensus estimate of $130.04 million. Dominion Midstream Partners, had a net margin of 19.08% and a return on equity of 1.82%. The business’s revenue was up 35.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.28 EPS. Analysts anticipate that Dominion Midstream Partners, will post $1.48 earnings per share for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in DM. BNP Paribas Arbitrage SA purchased a new position in Dominion Midstream Partners, during the first quarter worth approximately $137,000. Advisory Services Network LLC purchased a new position in Dominion Midstream Partners, during the first quarter worth approximately $187,000. Signature Financial Management Inc. purchased a new position in Dominion Midstream Partners, during the second quarter worth approximately $202,000. Keybank National Association OH raised its position in Dominion Midstream Partners, by 5.3% in the second quarter. Keybank National Association OH now owns 8,000 shares of the pipeline company’s stock worth $231,000 after buying an additional 400 shares during the period. Finally, Botty Investors LLC raised its position in Dominion Midstream Partners, by 772.9% in the second quarter. Botty Investors LLC now owns 8,616 shares of the pipeline company’s stock worth $249,000 after buying an additional 7,629 shares during the period. Hedge funds and other institutional investors own 58.39% of the company’s stock.

About Dominion Midstream Partners,

Dominion Energy Midstream Partners, LP, formerly Dominion Midstream Partners, LP, is a limited partnership. The Company is formed to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. The Company’s segments include Dominion Energy, which consists of gas transportation, liquefied natural gas (LNG) import and storage, and Corporate and Other.

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Analyst Recommendations for Dominion Midstream Partners, (NYSE:DM)

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