November 18, 2016 - By Adrian Mccoy · 0 Comments
Cypress Energy Partners LP (NYSE:CELP) institutional sentiment increased to 2 in Q2 2016. Its up 1.40, from 0.6 in 2016Q1. The ratio improved, as 6 investment professionals opened new and increased holdings, while 10 decreased and sold positions in Cypress Energy Partners LP. The investment professionals in our partner’s database now own: 189,565 shares, down from 505,912 shares in 2016Q1. Also, the number of investment professionals holding Cypress Energy Partners LP in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 4 Increased: 6 New Position: 0.
Cypress Energy Partners, L.P. is a limited partnership company, which serves energy companies throughout North America. The company has a market cap of $125.75 million. The Firm provides independent pipeline inspection and integrity services to producers and pipeline companies and water and environmental services with salt water disposal facilities to the United States onshore oil and natural gas producers and trucking companies. It has a 266.01 P/E ratio.
About 14,716 shares traded hands. Cypress Energy Partners LP (NYSE:CELP) has risen 17.76% since April 18, 2016 and is uptrending. It has outperformed by 13.33% the S&P500.
According to Zacks Investment Research, “Cypress Energy Partners, L.P. offers saltwater disposal and other water and environmental services to U.S. onshore oil and natural gas producers and trucking companies primarily in North Dakota and west Texas. The Company operates in two segments: Water and Environmental Services and Pipeline Inspection and Integrity Services. It also provides independent pipeline inspection and integrity services to producers and pipeline companies. Cypress Energy Partners, L.P. is headquartered in Tulsa, Oklahoma.”
Trellus Management Company Llc holds 0.98% of its portfolio in Cypress Energy Partners LP for 61,648 shares. Clarkston Capital Partners Llc owns 50,000 shares or 0.03% of their US portfolio. Moreover, Gsa Capital Partners Llp has 0.01% invested in the company for 15,300 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 11,013 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 1 insider sale for $19,340 net activity.
Ratings analysis reveals 33% of Cypress Energy Partners’s analysts are positive. Out of 3 Wall Street analysts rating Cypress Energy Partners, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $6 while the high is $13. The stock’s average target of $9.83 is -3.82% below today’s ($10.22) share price. CELP was included in 7 notes of analysts from August 14, 2015. As per Tuesday, February 16, the company rating was downgraded by Robert W. Baird. The stock of Cypress Energy Partners LP (NYSE:CELP) earned “Outperform” rating by Raymond James on Wednesday, February 3. Stifel Nicolaus upgraded it to “Buy” rating and $10.50 target price in Wednesday, September 28 report. Stifel Nicolaus downgraded the shares of CELP in a report on Tuesday, January 19 to “Hold” rating. The rating was upgraded by Raymond James to “Strong Buy” on Tuesday, January 19. Raymond James downgraded the stock to “Market Perform” rating in Monday, August 15 report.
Cypress Energy Partners, L.P., incorporated on October 19, 2013, is a limited partnership company, which serves energy companies throughout North America. The Firm provides independent pipeline inspection and integrity services to producers and pipeline companies and water and environmental services with salt water disposal (SWD) facilities to the United States onshore oil and natural gas producers and trucking companies. The Firm operates through three divisions: Pipeline Inspection Services (PIS), Integrity Services (IS), and Water and Environmental Services (W&ES).
More notable recent Cypress Energy Partners LP (NYSE:CELP) news were published by: Businesswire.com which released: “Cypress Energy Partners, L.P. to Present at the Tulsa Master Limited …” on November 14, 2016, also Businesswire.com with their article: “Cypress Energy Partners, L.P. Announces Third Quarter Results” published on November 09, 2016, Marketwatch.com published: “Cypress Energy Partners downgraded to market perform from outperform at …” on January 16, 2014. More interesting news about Cypress Energy Partners LP (NYSE:CELP) were released by: Businesswire.com and their article: “Cypress Energy Partners, L.P. Announces Timing of Third Quarter Earnings …” published on November 07, 2016 as well as Nasdaq.com‘s news article titled: “Cypress Energy Partners, L.P. (CELP) Ex-Dividend Date Scheduled for November …” with publication date: November 02, 2016.
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By Adrian Mccoy