NGL Energy Partners LP (NYSE:NGL) was up 1.2% on Tuesday . The stock traded as high as $19.74 and last traded at $19.41, with a volume of 309,952 shares traded. The stock had previously closed at $19.18.

Several equities research analysts recently weighed in on NGL shares. Zacks Investment Research upgraded shares of NGL Energy Partners from a “sell” rating to a “hold” rating in a research report on Thursday, April 21st. Wunderlich raised shares of NGL Energy Partners from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $13.00 to $20.00 in a research note on Monday, June 13th. Barclays PLC began coverage on shares of NGL Energy Partners in a research note on Wednesday, April 13th. They set an “equal weight” rating and a $8.00 price objective for the company. Bank of America Corp. raised shares of NGL Energy Partners from an “underperform” rating to a “neutral” rating in a research note on Friday, April 22nd. Finally, Stifel Nicolaus raised shares of NGL Energy Partners from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $16.63 to $18.00 in a research note on Friday, June 3rd. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. NGL Energy Partners currently has a consensus rating of “Hold” and a consensus target price of $13.50.

The company’s market capitalization is $2.03 billion. The stock’s 50 day moving average price is $18.54 and its 200 day moving average price is $12.19.

NGL Energy Partners (NYSE:NGL) last announced its earnings results on Friday, May 27th. The company reported ($1.99) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by $2.53. On average, equities research analysts predict that NGL Energy Partners LP will post $1.18 EPS for the current fiscal year.

In related news, CFO Robert W. Karlovich III sold 10,680 shares of the stock in a transaction on Wednesday, July 6th. The stock was sold at an average price of $18.47, for a total value of $197,259.60. Following the completion of the transaction, the chief financial officer now directly owns 64,320 shares of the company’s stock, valued at approximately $1,187,990.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President James J. Burke sold 13,070 shares of the stock in a transaction on Thursday, July 7th. The shares were sold at an average price of $18.31, for a total value of $239,311.70. Following the completion of the transaction, the president now directly owns 169,815 shares of the company’s stock, valued at $3,109,312.65. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Fort Washington Investment Advisors Inc. OH increased its position in NGL Energy Partners by 6.7% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 127,200 shares of the company’s stock valued at $1,404,000 after buying an additional 8,000 shares in the last quarter. Atlantic Trust Group LLC increased its position in NGL Energy Partners by 136.1% in the fourth quarter. Atlantic Trust Group LLC now owns 367,530 shares of the company’s stock valued at $4,057,000 after buying an additional 211,830 shares in the last quarter. Morgan Stanley increased its position in NGL Energy Partners by 27.6% in the fourth quarter. Morgan Stanley now owns 2,188,227 shares of the company’s stock valued at $24,158,000 after buying an additional 473,736 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in NGL Energy Partners by 13.5% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,478,553 shares of the company’s stock valued at $16,323,000 after buying an additional 176,054 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new position in NGL Energy Partners during the fourth quarter valued at approximately $4,254,000.

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