Rice Midstream Partners LP (NYSE:RMP) shares were down 1.4% on Thursday . The stock traded as low as $19.61 and last traded at $19.74, with a volume of 221,951 shares. The stock had previously closed at $20.02.

Several research analysts have recently weighed in on RMP shares. Barclays PLC boosted their price objective on shares of Rice Midstream Partners from $17.00 to $22.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 10th. Zacks Investment Research lowered shares of Rice Midstream Partners from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 28th. Stifel Nicolaus boosted their price objective on shares of Rice Midstream Partners from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, April 13th. Finally, Janney Montgomery Scott restated a “buy” rating on shares of Rice Midstream Partners in a research note on Sunday, April 17th. Ten equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus price target of $20.56.

The company has a market cap of $1.40 billion and a price-to-earnings ratio of 17.62. The company’s 50-day moving average price is $19.25 and its 200 day moving average price is $15.02.

Rice Midstream Partners (NYSE:RMP) last announced its earnings results on Wednesday, May 4th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.25. During the same quarter in the previous year, the firm earned $0.16 earnings per share. The company had revenue of $54.50 million for the quarter, compared to the consensus estimate of $32.31 million. The company’s revenue for the quarter was up 105.7% compared to the same quarter last year. Equities research analysts forecast that Rice Midstream Partners LP will post $1.23 earnings per share for the current year.

Other large investors recently made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Rice Midstream Partners during the fourth quarter valued at about $4,681,000. Jennison Associates LLC raised its stake in shares of Rice Midstream Partners by 54.7% in the fourth quarter. Jennison Associates LLC now owns 405,887 shares of the company’s stock valued at $5,475,000 after buying an additional 143,593 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Rice Midstream Partners by 88.0% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,361,021 shares of the company’s stock valued at $18,360,000 after buying an additional 637,012 shares during the last quarter. Atlantic Trust Group LLC raised its stake in shares of Rice Midstream Partners by 23.8% in the fourth quarter. Atlantic Trust Group LLC now owns 1,892,800 shares of the company’s stock valued at $25,534,000 after buying an additional 363,653 shares during the last quarter. Finally, OppenheimerFunds Inc. raised its stake in shares of Rice Midstream Partners by 19.6% in the fourth quarter. OppenheimerFunds Inc. now owns 3,730,871 shares of the company’s stock valued at $50,330,000 after buying an additional 610,894 shares during the last quarter.

Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company operates in two segments: gathering and compression, and water services. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc (Rice Energy) and third parties in the Appalachian Basin.

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