Cohen & Steers Inc. Has $5,389,000 Position in Rose Rock Midstream LP (RRMS)
Cohen & Steers Inc. decreased its position in shares of Rose Rock Midstream LP (NYSE:RRMS) by 21.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 204,212 shares of the company’s stock after selling 55,763 shares during the period. Cohen & Steers Inc. owned 0.55% of Rose Rock Midstream worth $5,389,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Walleye Trading LLC bought a new position in shares of Rose Rock Midstream during the second quarter worth about $154,000. Veritable L.P. bought a new position in shares of Rose Rock Midstream during the second quarter worth about $228,000. Barclays PLC boosted its position in shares of Rose Rock Midstream by 8.8% in the first quarter. Barclays PLC now owns 26,020 shares of the company’s stock worth $287,000 after buying an additional 2,109 shares during the last quarter. Citigroup Inc. boosted its position in shares of Rose Rock Midstream by 4.5% in the second quarter. Citigroup Inc. now owns 13,535 shares of the company’s stock worth $358,000 after buying an additional 580 shares during the last quarter. Finally, Creative Planning boosted its position in shares of Rose Rock Midstream by 47.7% in the second quarter. Creative Planning now owns 14,390 shares of the company’s stock worth $380,000 after buying an additional 4,650 shares during the last quarter.
Shares of Rose Rock Midstream LP (NYSE:RRMS) remained flat at $27.16 during mid-day trading on Friday. The stock has a 50 day moving average of $27.07 and a 200-day moving average of $24.97. Rose Rock Midstream LP has a 12-month low of $6.67 and a 12-month high of $28.98.
Separately, Zacks Investment Research cut Rose Rock Midstream from a “buy” rating to a “hold” rating in a report on Thursday, August 11th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $18.14.
Rose Rock Midstream Company Profile
Rose Rock Midstream, L.P. owns, operates, develops and acquires diversified portfolio of midstream energy assets. The Company is engaged in providing midstream energy related services, such as crude oil gathering, transportation, storage, distribution and marketing in Colorado, Kansas, Minnesota, Montana, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas and Wyoming.
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