Pembina Pipeline Corp. (NYSE:PBA)’s share price was down 0.2% during trading on Friday . The stock traded as low as $30.26 and last traded at $30.45, with a volume of 77,810 shares trading hands. The stock had previously closed at $30.51.

Several equities analysts have recently commented on PBA shares. Haywood Securities reaffirmed a “buy” rating and set a $43.00 price objective (up from $42.00) on shares of Pembina Pipeline Corp. in a research note on Tuesday, March 22nd. Desjardins reaffirmed a “top pick” rating on shares of Pembina Pipeline Corp. in a research note on Tuesday, April 26th. CIBC reissued a “sector outperform” rating and issued a $46.00 price target on shares of Pembina Pipeline Corp. in a research note on Friday, April 1st. Credit Suisse Group AG reissued an “outperform” rating and issued a $40.00 price target on shares of Pembina Pipeline Corp. in a research note on Thursday, April 7th. Finally, TD Securities reissued a “buy” rating and issued a $41.00 price target (up from $40.00) on shares of Pembina Pipeline Corp. in a research note on Tuesday, May 10th. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Pembina Pipeline Corp. presently has a consensus rating of “Buy” and a consensus target price of $41.18.

The firm’s 50-day moving average price is $30.20 and its 200 day moving average price is $26.25. The firm has a market capitalization of $11.73 billion and a price-to-earnings ratio of 42.23.

Pembina Pipeline Corp. (NYSE:PBA) last released its quarterly earnings data on Thursday, May 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.07. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.36 billion. Pembina Pipeline Corp.’s revenue was down 11.9% compared to the same quarter last year. On average, analysts expect that Pembina Pipeline Corp. will post $1.25 EPS for the current fiscal year.

The business also recently disclosed a jul 16 dividend, which will be paid on Monday, August 15th. Shareholders of record on Monday, July 25th will be given a $0.16 dividend. The ex-dividend date is Thursday, July 21st. This represents a yield of 4.94%.

A number of large investors recently added to or reduced their stakes in the stock. Bank of Montreal Can boosted its stake in Pembina Pipeline Corp. by 12.6% in the fourth quarter. Bank of Montreal Can now owns 9,379,968 shares of the company’s stock valued at $204,108,000 after buying an additional 1,048,886 shares during the period. I.G. Investment Management LTD. boosted its stake in Pembina Pipeline Corp. by 27.1% in the fourth quarter. I.G. Investment Management LTD. now owns 1,286,553 shares of the company’s stock valued at $28,048,000 after buying an additional 274,648 shares during the period. State of Wisconsin Investment Board boosted its stake in Pembina Pipeline Corp. by 45.5% in the fourth quarter. State of Wisconsin Investment Board now owns 398,595 shares of the company’s stock valued at $8,651,000 after buying an additional 124,726 shares during the period. Jacobson & Schmitt Advisors LLC boosted its stake in Pembina Pipeline Corp. by 4.2% in the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 125,610 shares of the company’s stock valued at $2,733,000 after buying an additional 5,090 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Pembina Pipeline Corp. by 2.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 66,642 shares of the company’s stock valued at $1,450,000 after buying an additional 1,714 shares during the period.

Pembina Pipeline Corporation (Pembina) is an energy transportation and service provider. The Company operates through four segments: Conventional Pipelines, Oil Sands & Heavy Oil, Gas Services and Midstream. Conventional Pipelines consists of the tariff-based operations of pipelines and related facilities to deliver crude oil, condensate and natural gas liquids (NGL) in Alberta, British Columbia, Saskatchewan, and North Dakota, United States.

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