Suburban Propane Partners LP’s Sentiment
In Q2 2018 Suburban Propane Partners LP (NYSE:SPH) big money sentiment increased to 0.86, according to SEC filings. So its up 0.01, from 2018Q1’s 0.85. 42 institutional investors increased and started new stock positions, while 49 decreased and sold their holdings in Suburban Propane Partners LP so the sentiment has increased. Funds own 17.34 million shares, up from 17.28 million shares in 2018Q1. Funds holding Suburban Propane Partners LP in top 10 decreased from 2 to 0 for a decrease of 2. In total 9 funds closed positions, 40 reduced and 27 increased. Also 15 funds bought new Suburban Propane Partners LP stakes.
Largest Suburban Propane Partners LP Investors
Hite Hedge Asset Management Llc owns 654,958 shares in Suburban Propane Partners LP as of Q2 2018. Suburban Propane Partners LP’s shareholder Abrams Capital Management L.P. owns 2.83 million shares as of Q2 2018. Furthermore, Novare Capital Management Llc reported 93,345 shares in Suburban Propane Partners LP equivalent to 0.37% of its equity exposure. Legacy Capital Partners Inc. revealed 20,000 shares position in Suburban Propane Partners LP. The Georgia-based fund Bowen Hanes & Co Inc looks positive on Suburban Propane Partners LP, owning 200,350 shares.
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels.The firm is worth $1.40 billion. The Company’s Propane segment is involved in the retail distribution of propane to residential, commercial, industrial, and agricultural customers, as well as in the wholesale distribution to industrial end users.The P/E ratio is 18.24. This segment offers propane primarily for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces and as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets.
The stock increased 1.11% or $0.25 during the last trading session, hitting $22.71.Suburban Propane Partners, L.P. has 210,723 shares volume, 0.79% up from normal. SPH is downtrending and has moved 5.50% since November 10, 2017. SPH underperformed the S&P500 by 21.12%.
On November, 15 WallStreet awaited Suburban Propane Partners, L.P. (NYSE:SPH)’s earnings report, according to Faxor. Analysts expect change of 1.20 % or $0.01 from previous year’s $-0.83 earnings per share compared to current’s $-0.84 earnings per share. 211.11 % negative EPS growth is what Wall Street’s sees after $-0.27 reported EPS previous quarter.
Huntington State Bank holds 0% in Suburban Propane Partners, L.P. (NYSE:SPH) or 500 shs. Barclays Plc holds 0% of its capital in Suburban Propane Partners, L.P. (NYSE:SPH) for 20,804 shs. Ftb Inc accumulated 0% or 100 shs. Credit Suisse Ag has 19,589 shs for 0% of their capital. Renaissance Limited Liability stated it has 38,010 shs or 0% of all its holdings. Neuberger Berman Grp Llc reported 17,406 shs stake. Regions invested 0% of its capital in Suburban Propane Partners, L.P. (NYSE:SPH). 2,424 are owned by Tower Ltd Liability Com (Trc). Federated Investors Pa holds 0.01% of its capital in Suburban Propane Partners, L.P. (NYSE:SPH) for 183,373 shs. Hite Hedge Asset Mgmt Ltd Limited Liability Company holds 2.41% of its capital in Suburban Propane Partners, L.P. (NYSE:SPH) for 654,958 shs. Hm Payson And reported 0.01% stake. Focused Wealth Mgmt reported 120 shs. Whittier Com stated it has 365 shs. 900 were reported by Washington Com. Benjamin F Edwards holds 1,413 shs or 0% of its capital.
Suburban Propane Partners, L.P. registered $652,480 net activity with 0 insider purchases and 5 insider sales since June 14, 2018. $199,815 worth of stock was sold by Boyd Steven C on Thursday, June 14. LOGAN HAROLD R JR had sold 2,000 shs worth $47,880. 7,250 shs valued at $174,725 were sold by Kuglin Michael on Tuesday, August 14. Shares for $194,560 were sold by Brinkworth Douglas on Wednesday, August 15.
There’s a significant Suburban Propane Partners, L.P. (NYSE:SPH) news posted by Seekingalpha.com. It’s an item titled: “Suburban Propane Partners declares $0.60 dividend” on October 25, 2018.
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