Acadian Asset Management LLC boosted its position in Southcross Energy Partners, L.P. (NYSE:SXE) by 3,967.3% during the second quarter, Holdings Channel reports. The fund owned 166,151 shares of the energy company’s stock after buying an additional 162,066 shares during the period. Acadian Asset Management LLC’s holdings in Southcross Energy Partners, L.P. were worth $526,000 as of its most recent filing with the SEC.

Separately, Morgan Stanley increased its position in shares of Southcross Energy Partners, L.P. by 67.1% in the first quarter. Morgan Stanley now owns 388,854 shares of the energy company’s stock worth $1,352,000 after buying an additional 156,096 shares during the last quarter. 2.99% of the stock is currently owned by institutional investors.

Southcross Energy Partners, L.P. (SXE) traded down 3.33% during trading on Friday, reaching $2.32. 34,315 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $2.87 and its 200-day moving average price is $3.29. The firm’s market cap is $181.32 million. Southcross Energy Partners, L.P. has a 12 month low of $1.10 and a 12 month high of $4.74.

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SXE has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Southcross Energy Partners, L.P. from a “sell” rating to a “hold” rating in a report on Saturday, April 15th. ValuEngine cut shares of Southcross Energy Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st.

About Southcross Energy Partners, L.P.

Southcross Energy Partners, L.P. provides natural gas gathering, processing, treating, compression and transportation services and natural gas liquid (NGL) fractionation and transportation services. The Company also sources, purchases, transports and sells natural gas and NGLs. Its assets are located in South Texas, Mississippi and Alabama As of December 31, 2016, its assets consisted of gathering systems, intrastate pipelines, two natural gas processing plants, one fractionation facility, 20 compressor stations and a treating system.

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Institutional Ownership by Quarter for Southcross Energy Partners, L.P. (NYSE:SXE)

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