Diversified Trust Co maintained its position in shares of Western Gas Partners, LP (NYSE:WES) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,222 shares of the company’s stock at the end of the second quarter. Diversified Trust Co’s holdings in Western Gas Partners, were worth $1,725,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the company. Silvercrest Asset Management Group LLC boosted its stake in shares of Western Gas Partners, by 55.1% in the first quarter. Silvercrest Asset Management Group LLC now owns 156,207 shares of the company’s stock worth $6,781,000 after buying an additional 55,501 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of Western Gas Partners, during the first quarter worth $151,000. Williams Jones & Associates LLC boosted its stake in shares of Western Gas Partners, by 15.0% in the first quarter. Williams Jones & Associates LLC now owns 31,585 shares of the company’s stock worth $1,371,000 after buying an additional 4,110 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Western Gas Partners, by 38.5% in the first quarter. Renaissance Technologies LLC now owns 269,100 shares of the company’s stock worth $11,682,000 after buying an additional 74,800 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Western Gas Partners, by 33.1% in the first quarter. Goldman Sachs Group Inc. now owns 4,900,934 shares of the company’s stock worth $212,749,000 after buying an additional 1,218,204 shares in the last quarter.

Shares of Western Gas Partners, LP (NYSE:WES) traded up 0.92% during mid-day trading on Thursday, hitting $50.46. 264,457 shares of the stock traded hands. The stock has a market cap of $7.20 billion, a PE ratio of 298.58 and a beta of 0.96. Western Gas Partners, LP has a one year low of $25.40 and a one year high of $54.35. The stock has a 50-day moving average of $49.76 and a 200 day moving average of $48.06.

Western Gas Partners, (NYSE:WES) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $0.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.07. The company had revenue of $428.70 million for the quarter, compared to analysts’ expectations of $438.63 million. The company’s revenue was down 8.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.44 earnings per share. Equities analysts predict that Western Gas Partners, LP will post $1.88 EPS for the current fiscal year.

WES has been the subject of a number of recent analyst reports. TheStreet upgraded shares of Western Gas Partners, from a “hold” rating to a “buy” rating in a research report on Wednesday, July 27th. Janney Montgomery Scott initiated coverage on shares of Western Gas Partners, in a research report on Friday, July 29th. They set a “buy” rating and a $60.00 price target for the company. Mitsubishi UFJ Financial Group initiated coverage on shares of Western Gas Partners, in a research report on Friday, June 17th. They set a “neutral” rating and a $59.00 price target for the company. Credit Suisse Group AG reiterated a “hold” rating on shares of Western Gas Partners, in a research report on Thursday, July 28th. Finally, Zacks Investment Research upgraded shares of Western Gas Partners, from a “hold” rating to a “strong-buy” rating and set a $57.00 price objective for the company in a report on Tuesday, July 26th. Ten investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Western Gas Partners, presently has an average rating of “Hold” and an average target price of $52.13.

In related news, Director David J. Tudor sold 4,000 shares of the stock in a transaction that occurred on Tuesday, September 13th. The shares were sold at an average price of $49.12, for a total transaction of $196,480.00. Following the completion of the sale, the director now owns 8,898 shares of the company’s stock, valued at approximately $437,069.76. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James R. Crane sold 60,456 shares of the stock in a transaction that occurred on Thursday, July 14th. The stock was sold at an average price of $50.39, for a total transaction of $3,046,377.84. Following the sale, the director now directly owns 409,502 shares of the company’s stock, valued at approximately $20,634,805.78. The disclosure for this sale can be found here.

Western Gas Partners, Company Profile

Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil for Anadarko Petroleum Corporation (Anadarko), as well as third-party producers and customers.

5 Day Chart for NYSE:WES

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