American Midstream Partners, LP (NYSE:AMID) was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday.

Other analysts have also issued reports about the stock. Royal Bank Of Canada restated a “buy” rating and set a $18.00 price objective on shares of American Midstream Partners, in a research note on Monday, July 24th. 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, August 18th. Finally, ValuEngine lowered shares of American Midstream Partners, from a “hold” rating to a “sell” rating in a research note on Thursday, August 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. American Midstream Partners, has an average rating of “Hold” and an average price target of $16.75.

American Midstream Partners, (NYSE:AMID) opened at 13.15 on Wednesday. American Midstream Partners, has a 12-month low of $11.10 and a 12-month high of $18.45. The company’s 50-day moving average is $13.68 and its 200 day moving average is $14.01. The stock’s market capitalization is $693.18 million.

American Midstream Partners, (NYSE:AMID) last issued its quarterly earnings results on Tuesday, August 8th. The pipeline company reported ($0.72) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.33) by $0.39. The business had revenue of $193.63 million during the quarter. American Midstream Partners, had a negative return on equity of 19.39% and a negative net margin of 10.35%. On average, equities research analysts expect that American Midstream Partners, will post ($1.83) earnings per share for the current fiscal year.

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A number of hedge funds have recently added to or reduced their stakes in AMID. Regent Investment Management LLC raised its stake in American Midstream Partners, by 10.0% in the second quarter. Regent Investment Management LLC now owns 11,000 shares of the pipeline company’s stock worth $141,000 after buying an additional 1,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in American Midstream Partners, by 3.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 30,279 shares of the pipeline company’s stock worth $389,000 after buying an additional 1,095 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in American Midstream Partners, by 69.8% in the first quarter. Goldman Sachs Group Inc. now owns 25,133 shares of the pipeline company’s stock worth $373,000 after buying an additional 10,329 shares in the last quarter. Global X Management Co. LLC purchased a new stake in American Midstream Partners, during the second quarter worth $159,000. Finally, Texas Yale Capital Corp. purchased a new stake in American Midstream Partners, during the first quarter worth $195,000. Institutional investors and hedge funds own 42.16% of the company’s stock.

American Midstream Partners, Company Profile

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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