Hess Midstream Partners LP (NYSE:HESM) has been assigned a consensus rating of “Hold” from the eight research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $25.60.

Several research firms have recently commented on HESM. Zacks Investment Research cut Essential Properties Realty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, June 13th. Mitsubishi UFJ Financial Group reiterated an “overweight” rating on shares of Hess Midstream Partners in a research note on Thursday, April 25th.

NYSE:HESM traded up $0.06 during trading hours on Monday, hitting $20.28. The stock had a trading volume of 18,551 shares, compared to its average volume of 198,878. The company has a market capitalization of $552.92 million, a P/E ratio of 15.97, a PEG ratio of 1.31 and a beta of 1.45. The firm has a 50 day simple moving average of $19.65. Hess Midstream Partners has a 1-year low of $16.17 and a 1-year high of $24.51.

Hess Midstream Partners (NYSE:HESM) last released its earnings results on Thursday, April 25th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.01). The business had revenue of $174.20 million for the quarter, compared to analysts’ expectations of $172.85 million. Hess Midstream Partners had a net margin of 10.43% and a return on equity of 2.62%. Equities analysts predict that Hess Midstream Partners will post 1.41 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP bought a new position in shares of Hess Midstream Partners during the 4th quarter worth approximately $413,000. Raymond James Financial Services Advisors Inc. raised its stake in shares of Hess Midstream Partners by 42.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 54,000 shares of the company’s stock worth $917,000 after acquiring an additional 16,200 shares in the last quarter. Barclays PLC bought a new position in shares of Hess Midstream Partners during the 4th quarter worth approximately $178,000. Jane Street Group LLC bought a new position in shares of Hess Midstream Partners during the 4th quarter worth approximately $183,000. Finally, FMR LLC raised its stake in shares of Hess Midstream Partners by 8.1% during the 4th quarter. FMR LLC now owns 1,691,016 shares of the company’s stock worth $28,714,000 after acquiring an additional 127,005 shares in the last quarter. Institutional investors own 48.27% of the company’s stock.

About Hess Midstream Partners

Hess Midstream Partners LP owns, operates, develops, and acquires midstream assets to provide services to Hess and third-party customers in the United States. It operates through three segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment is involved in the natural gas and crude oil gathering and compression activities located primarily in McKenzie, Williams and Mountrail Counties, and North Dakota.

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Analyst Recommendations for Hess Midstream Partners (NYSE:HESM)

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