Shares of Pembina Pipeline Corp (NYSE:PBA) (TSE:PPL) have earned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company.

PBA has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Pembina Pipeline from a “hold” rating to a “sell” rating in a research note on Wednesday, November 29th. Macquarie downgraded shares of Pembina Pipeline from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 29th.

Pembina Pipeline (NYSE PBA) opened at $35.08 on Thursday. The firm has a market cap of $17,710.00, a PE ratio of 35.43 and a beta of 0.74. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.78 and a quick ratio of 0.60. Pembina Pipeline has a 12 month low of $30.32 and a 12 month high of $36.99.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last posted its earnings results on Thursday, November 2nd. The pipeline company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.08). Pembina Pipeline had a return on equity of 8.36% and a net margin of 11.66%. equities research analysts expect that Pembina Pipeline will post 1.19 EPS for the current fiscal year.

The company also recently disclosed a jan 18 dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, January 25th will be paid a dividend of $0.18 per share. The ex-dividend date is Wednesday, January 24th. This represents a yield of 4.93%. Pembina Pipeline’s dividend payout ratio is currently 169.70%.

Large investors have recently modified their holdings of the stock. Linscomb & Williams Inc. purchased a new position in Pembina Pipeline during the second quarter valued at approximately $116,000. San Francisco Sentry Investment Group CA purchased a new position in Pembina Pipeline during the second quarter valued at approximately $132,000. Pinebridge Investments L.P. purchased a new position in Pembina Pipeline during the second quarter valued at approximately $146,000. Prudential PLC purchased a new position in Pembina Pipeline during the second quarter valued at approximately $202,000. Finally, Benchmark Capital Advisors purchased a new position in Pembina Pipeline during the third quarter valued at approximately $204,000. 42.31% of the stock is owned by institutional investors.

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About Pembina Pipeline

Pembina Pipeline Corporation is an energy transportation and service provider. The Company operates through four segments. The Conventional Pipelines segment consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.

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