Shares of Dominion Midstream Partners LP (NYSE:DM) traded up 3.7% during mid-day trading on Thursday . The stock traded as high as $27.57 and last traded at $27.48, with a volume of 210,220 shares trading hands. The stock had previously closed at $26.50.

Several analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Dominion Midstream Partners from a “buy” rating to a “hold” rating in a research report on Friday. Barclays PLC lifted their price target on shares of Dominion Midstream Partners from $33.00 to $35.00 and gave the company an “overweight” rating in a research report on Thursday, May 5th. Finally, Stifel Nicolaus assumed coverage on shares of Dominion Midstream Partners in a research report on Wednesday. They issued a “hold” rating for the company. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $38.60.

The stock has a 50-day moving average price of $27.94 and a 200-day moving average price of $29.57. The stock has a market cap of $2.11 billion and a PE ratio of 23.81.

Dominion Midstream Partners (NYSE:DM) last announced its earnings results on Wednesday, May 4th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by $0.02. The company earned $83 million during the quarter, compared to the consensus estimate of $90.53 million. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. On average, analysts anticipate that Dominion Midstream Partners LP will post $1.24 earnings per share for the current fiscal year.

In other Dominion Midstream Partners news, Director Dominion Resources Inc /Va/ bought 37,382 shares of the firm’s stock in a transaction that occurred on Friday, June 17th. The stock was bought at an average price of $26.68 per share, for a total transaction of $997,351.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of institutional investors have recently bought and sold shares of DM. Jennison Associates LLC increased its position in Dominion Midstream Partners by 9.7% in the fourth quarter. Jennison Associates LLC now owns 992,136 shares of the company’s stock worth $30,419,000 after buying an additional 88,013 shares during the period. Chickasaw Capital Management LLC increased its position in Dominion Midstream Partners by 49.7% in the fourth quarter. Chickasaw Capital Management LLC now owns 893,125 shares of the company’s stock worth $27,383,000 after buying an additional 296,366 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Dominion Midstream Partners by 83.5% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 115,326 shares of the company’s stock worth $3,536,000 after buying an additional 52,491 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. increased its position in Dominion Midstream Partners by 28.9% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 70,235 shares of the company’s stock worth $2,153,000 after buying an additional 15,763 shares during the period.

Dominion Midstream Partners, LP owns the preferred equity interests and the general partner interest of Dominion Cove Point LNG, LP (Cove Point). Cove Point owns liquefied natural gas (LNG) import, storage, regasification and transportation assets. The Company’s segment is Dominion Energy, which consists of gas transportation, LNG import and storage.

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