Legal & General Group Plc raised its stake in SemGroup Corp (NASDAQ:SEMG) by 16.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 64,179 shares of the company’s stock after buying an additional 8,937 shares during the quarter. Legal & General Group Plc owned approximately 0.10% of SemGroup Corp worth $1,733,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. SG Americas Securities LLC lifted its stake in SemGroup Corp by 2.5% in the second quarter. SG Americas Securities LLC now owns 55,378 shares of the company’s stock valued at $1,495,000 after buying an additional 1,352 shares during the last quarter. Alpine Woods Capital Investors LLC lifted its stake in SemGroup Corp by 33.3% in the second quarter. Alpine Woods Capital Investors LLC now owns 114,800 shares of the company’s stock valued at $3,100,000 after buying an additional 28,700 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in SemGroup Corp by 26.5% in the second quarter. Advisors Asset Management Inc. now owns 637,825 shares of the company’s stock valued at $17,221,000 after buying an additional 133,516 shares during the last quarter. Signature Financial Management Inc. lifted its stake in SemGroup Corp by 22.8% in the second quarter. Signature Financial Management Inc. now owns 10,375 shares of the company’s stock valued at $281,000 after buying an additional 1,925 shares during the last quarter. Finally, Catalyst Capital Advisors LLC lifted its stake in SemGroup Corp by 21.7% in the second quarter. Catalyst Capital Advisors LLC now owns 210,248 shares of the company’s stock valued at $5,677,000 after buying an additional 37,519 shares during the last quarter.

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Shares of SemGroup Corp (NASDAQ SEMG) opened at 28.35 on Tuesday. The firm has a 50-day moving average price of $25.30 and a 200-day moving average price of $29.38. The company has a market capitalization of $2.23 billion and a PE ratio of 280.69. SemGroup Corp has a 1-year low of $22.55 and a 1-year high of $43.20.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 28th. Shareholders of record on Friday, August 18th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 6.35%. The ex-dividend date was Wednesday, August 16th.

A number of equities research analysts have issued reports on the company. BidaskClub upgraded SemGroup Corp from a “hold” rating to a “buy” rating in a research note on Monday, September 18th. Royal Bank Of Canada reiterated a “buy” rating and issued a $33.00 target price on shares of SemGroup Corp in a research note on Tuesday, August 29th.

SemGroup Corp Company Profile

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Institutional Ownership by Quarter for SemGroup Corp (NASDAQ:SEMG)

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