Global X Management Co. LLC grew its holdings in SemGroup Corp (NYSE:SEMG) by 12.1% in the 4th quarter, HoldingsChannel reports. The fund owned 646,121 shares of the pipeline company’s stock after buying an additional 69,993 shares during the quarter. Global X Management Co. LLC’s holdings in SemGroup were worth $19,513,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Nisa Investment Advisors LLC grew its stake in shares of SemGroup by 1,087.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 4,750 shares of the pipeline company’s stock worth $143,000 after acquiring an additional 4,350 shares in the last quarter. Public Employees Retirement Association of Colorado acquired a new position in shares of SemGroup during the fourth quarter worth $156,000. Capital Innovations LLC acquired a new position in shares of SemGroup during the fourth quarter worth $219,000. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of SemGroup during the third quarter worth $221,000. Finally, Fox Run Management L.L.C. acquired a new position in shares of SemGroup during the fourth quarter worth $228,000.

A number of brokerages recently commented on SEMG. Royal Bank of Canada reiterated a “buy” rating and set a $33.00 target price on shares of SemGroup in a research note on Tuesday, November 7th. BidaskClub upgraded shares of SemGroup from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Zacks Investment Research upgraded shares of SemGroup from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Barclays reiterated a “hold” rating and set a $32.00 target price on shares of SemGroup in a research note on Thursday, October 19th. Finally, Goldman Sachs Group downgraded shares of SemGroup from a “buy” rating to a “neutral” rating and set a $32.00 target price for the company. in a research note on Friday, January 5th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $32.00.

Shares of SemGroup Corp (NYSE SEMG) opened at $27.05 on Thursday. SemGroup Corp has a 1 year low of $21.35 and a 1 year high of $41.00. The firm has a market cap of $2,093.07, a price-to-earnings ratio of 21.11, a P/E/G ratio of 12.55 and a beta of 1.84. The company has a quick ratio of 1.01, a current ratio of 1.24 and a debt-to-equity ratio of 1.78.

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SemGroup Company Profile

SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services to producers, refiners of petroleum products and other market participants located in the Midwest and Rocky Mountain regions of the United States and Canada. The Company’s segments include Crude Transportation, which operates crude oil pipelines and truck transportation businesses in the United States; Crude Facilities, which operates crude oil storage and terminal businesses in the United States; Crude Supply and Logistics, which operates a crude oil marketing business; SemGas, which provides natural gas gathering and processing services; SemCAMS, which operates natural gas processing and gathering facilities in Alberta, Canada; SemLogistics, which owns petroleum products storage facility in the United Kingdom, and SemMexico, which provides liquid asphalt cement products and product application services to the Mexican market, and Corporate and Other.

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Institutional Ownership by Quarter for SemGroup (NYSE:SEMG)

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