American Midstream Partners, LP (NYSE:AMID) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Friday.

Other research analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of American Midstream Partners, from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Friday, September 1st. Royal Bank Of Canada restated a “buy” rating and set a $18.00 price target on shares of American Midstream Partners, in a research report on Monday, July 24th. ValuEngine lowered shares of American Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Finally, Citigroup Inc. lowered shares of American Midstream Partners, from a “buy” rating to a “neutral” rating and reduced their price target for the company from $18.00 to $16.00 in a research report on Tuesday, October 10th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.60.

Shares of American Midstream Partners, (AMID) remained flat at $13.35 during midday trading on Friday. 80,734 shares of the company traded hands. The stock has a 50-day moving average price of $13.65 and a 200-day moving average price of $13.49. The stock’s market cap is $703.72 million. American Midstream Partners, has a 1-year low of $11.10 and a 1-year high of $18.45.

American Midstream Partners, (NYSE:AMID) last released its quarterly earnings data on Tuesday, August 8th. The pipeline company reported ($0.72) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.39). American Midstream Partners, had a negative net margin of 10.35% and a negative return on equity of 19.39%. The business had revenue of $193.63 million during the quarter. On average, analysts forecast that American Midstream Partners, will post ($1.95) EPS for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of American Midstream Partners, by 3.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 30,279 shares of the pipeline company’s stock worth $389,000 after acquiring an additional 1,095 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of American Midstream Partners, by 727.1% during the 2nd quarter. Citigroup Inc. now owns 30,603 shares of the pipeline company’s stock worth $393,000 after acquiring an additional 26,903 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of American Midstream Partners, by 81.4% during the 2nd quarter. Wells Fargo & Company MN now owns 57,321 shares of the pipeline company’s stock worth $737,000 after acquiring an additional 25,718 shares during the last quarter. Global X Management Co. LLC bought a new stake in shares of American Midstream Partners, during the 2nd quarter worth $159,000. Finally, Regent Investment Management LLC lifted its holdings in shares of American Midstream Partners, by 10.0% during the 2nd quarter. Regent Investment Management LLC now owns 11,000 shares of the pipeline company’s stock worth $141,000 after acquiring an additional 1,000 shares during the last quarter. 42.15% of the stock is owned by institutional investors.

About American Midstream Partners,

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company provides midstream infrastructure that links producers of natural gas, crude oil, natural gas liquids (NGLs), condensate and specialty chemicals to numerous intermediate and end-use markets.

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