Western Asset Management Co. Has $674,000 Stake in SemGroup Corp (SEMG)
Western Asset Management Co. maintained its position in shares of SemGroup Corp (NASDAQ:SEMG) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,938 shares of the company’s stock at the end of the second quarter. SemGroup Corp accounts for about 0.2% of Western Asset Management Co.’s portfolio, making the stock its 14th largest position. Western Asset Management Co.’s holdings in SemGroup Corp were worth $674,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Karp Capital Management Corp bought a new position in shares of SemGroup Corp in the 1st quarter worth $233,000. Comerica Bank boosted its position in shares of SemGroup Corp by 0.6% in the 1st quarter. Comerica Bank now owns 7,412 shares of the company’s stock worth $247,000 after purchasing an additional 41 shares during the last quarter. Amalgamated Bank boosted its position in shares of SemGroup Corp by 0.8% in the 2nd quarter. Amalgamated Bank now owns 8,378 shares of the company’s stock worth $226,000 after purchasing an additional 65 shares during the last quarter. Trexquant Investment LP bought a new position in shares of SemGroup Corp in the 2nd quarter worth $227,000. Finally, KCG Holdings Inc. bought a new position in shares of SemGroup Corp in the 1st quarter worth $308,000.
Shares of SemGroup Corp (NASDAQ:SEMG) traded down 1.9061% during mid-day trading on Thursday, reaching $28.3001. The company had a trading volume of 149,539 shares. The firm has a market capitalization of $2.23 billion and a price-to-earnings ratio of 280.1990. SemGroup Corp has a one year low of $22.55 and a one year high of $43.20. The stock has a 50 day moving average of $25.30 and a 200-day moving average of $29.38.
Several research analysts have recently issued reports on SEMG shares. BidaskClub upgraded SemGroup Corp from a “sell” rating to a “hold” rating in a research report on Friday, September 8th. Royal Bank Of Canada restated a “buy” rating and issued a $33.00 price target on shares of SemGroup Corp in a research report on Tuesday, August 29th.
About SemGroup Corp
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