Keybank National Association OH increased its holdings in Dominion Midstream Partners, LP (NYSE:DM) by 5.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,000 shares of the pipeline company’s stock after acquiring an additional 400 shares during the quarter. Keybank National Association OH’s holdings in Dominion Midstream Partners, were worth $231,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Alps Advisors Inc. lifted its stake in shares of Dominion Midstream Partners, by 0.3% in the second quarter. Alps Advisors Inc. now owns 15,447 shares of the pipeline company’s stock worth $446,000 after acquiring an additional 40 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Dominion Midstream Partners, by 0.9% in the first quarter. Stifel Financial Corp now owns 34,978 shares of the pipeline company’s stock worth $1,116,000 after acquiring an additional 313 shares in the last quarter. Diversified Trust Co lifted its stake in shares of Dominion Midstream Partners, by 1.5% in the second quarter. Diversified Trust Co now owns 25,836 shares of the pipeline company’s stock worth $745,000 after acquiring an additional 381 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of Dominion Midstream Partners, by 12.3% in the second quarter. Proficio Capital Partners LLC now owns 9,702 shares of the pipeline company’s stock worth $264,000 after acquiring an additional 1,064 shares in the last quarter. Finally, Blair William & Co. IL lifted its stake in shares of Dominion Midstream Partners, by 11.0% in the second quarter. Blair William & Co. IL now owns 11,085 shares of the pipeline company’s stock worth $320,000 after acquiring an additional 1,100 shares in the last quarter. Institutional investors and hedge funds own 55.61% of the company’s stock.

Shares of Dominion Midstream Partners, LP (DM) opened at 30.10 on Friday. The firm’s 50-day moving average price is $27.59 and its 200 day moving average price is $29.30. The firm has a market cap of $2.99 billion, a PE ratio of 22.21 and a beta of 1.66. Dominion Midstream Partners, LP has a 52 week low of $23.17 and a 52 week high of $33.70.

Dominion Midstream Partners, (NYSE:DM) last released its earnings results on Wednesday, August 2nd. The pipeline company reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.04). Dominion Midstream Partners, had a net margin of 19.08% and a return on equity of 1.82%. The company had revenue of $115.70 million during the quarter, compared to the consensus estimate of $130.04 million. During the same quarter in the previous year, the business posted $0.28 EPS. The firm’s quarterly revenue was up 35.2% on a year-over-year basis. Equities analysts anticipate that Dominion Midstream Partners, LP will post $1.30 EPS for the current year.

DM has been the topic of several recent analyst reports. Stifel Nicolaus set a $33.00 price target on Dominion Midstream Partners, and gave the stock a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research cut Dominion Midstream Partners, from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 21st. Barclays PLC cut Dominion Midstream Partners, from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $37.00 to $32.00 in a research note on Tuesday, July 18th. BidaskClub upgraded Dominion Midstream Partners, from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Finally, TheStreet cut Dominion Midstream Partners, from a “b-” rating to a “c” rating in a research note on Wednesday, May 31st. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $34.00.

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Dominion Midstream Partners, Profile

Dominion Energy Midstream Partners, LP, formerly Dominion Midstream Partners, LP, is a limited partnership. The Company is formed to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. The Company’s segments include Dominion Energy, which consists of gas transportation, liquefied natural gas (LNG) import and storage, and Corporate and Other.

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Institutional Ownership by Quarter for Dominion Midstream Partners, (NYSE:DM)

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