Cohen & Steers Inc. raised its holdings in Oasis Midstream Partners LP (NYSE:OMP) by 90.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 226,991 shares of the company’s stock after buying an additional 107,544 shares during the quarter. Cohen & Steers Inc. owned 0.82% of Oasis Midstream Partners worth $3,630,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tortoise Index Solutions LLC grew its holdings in shares of Oasis Midstream Partners by 202.2% during the 4th quarter. Tortoise Index Solutions LLC now owns 3,913 shares of the company’s stock worth $63,000 after purchasing an additional 2,618 shares in the last quarter. Kayne Anderson Capital Advisors LP acquired a new stake in shares of Oasis Midstream Partners during the 4th quarter worth approximately $351,000. Citigroup Inc. grew its holdings in shares of Oasis Midstream Partners by 207.4% during the 4th quarter. Citigroup Inc. now owns 99,767 shares of the company’s stock worth $1,595,000 after purchasing an additional 67,317 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of Oasis Midstream Partners by 32.1% during the 4th quarter. Acadian Asset Management LLC now owns 70,087 shares of the company’s stock worth $1,122,000 after purchasing an additional 17,044 shares in the last quarter. Finally, Wiley BROS. Aintree Capital LLC acquired a new stake in shares of Oasis Midstream Partners during the 4th quarter worth approximately $162,000. 27.15% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:OMP opened at $20.09 on Friday. Oasis Midstream Partners LP has a 1-year low of $14.98 and a 1-year high of $24.21. The company has a market cap of $551.43 million, a PE ratio of 11.04, a PEG ratio of 0.53 and a beta of 1.84. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.58.

The business also recently announced a quarterly dividend, which was paid on Thursday, February 28th. Investors of record on Friday, February 15th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 8.96%. The ex-dividend date of this dividend was Thursday, February 14th. This is an increase from Oasis Midstream Partners’s previous quarterly dividend of $0.43. Oasis Midstream Partners’s dividend payout ratio (DPR) is 98.90%.

Several brokerages have recently weighed in on OMP. Zacks Investment Research raised Oasis Midstream Partners from a “sell” rating to a “hold” rating in a report on Thursday. ValuEngine raised Oasis Midstream Partners from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Morgan Stanley lifted their price objective on Oasis Midstream Partners from $24.00 to $26.00 and gave the stock an “overweight” rating in a report on Friday, November 30th. Finally, Wells Fargo & Co set a $24.00 price objective on Oasis Midstream Partners and gave the stock a “hold” rating in a report on Tuesday, March 5th. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Oasis Midstream Partners has an average rating of “Buy” and a consensus price target of $26.13.

In related news, Director Phil D. Kramer bought 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 19th. The stock was acquired at an average price of $17.11 per share, for a total transaction of $85,550.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

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Oasis Midstream Partners Profile

Oasis Midstream Partners LP provides crude oil, natural gas, and water-related midstream services in North America. It is involved in various activities, including natural gas gathering, compression, processing, and gas lift supply; crude oil gathering, stabilization, blending, and storage; gathering, transportation, gathering and disposal of produced and flow back water; freshwater distribution; and supply and distribution of fracwater and flushwater.

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Institutional Ownership by Quarter for Oasis Midstream Partners (NYSE:OMP)

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