Magnetar Financial LLC Position in Western Gas Partners LP (WES) Lowered by $24.75 Million

Western Gas Partners, LP (NYSE:WES) LogoInvestors sentiment decreased to 0.92 in Q2 2018. Its down 0.29, from 1.21 in 2018Q1. It dropped, as 18 investors sold WES shares while 57 reduced holdings. 17 funds opened positions while 52 raised stakes. 85.41 million shares or 4.43% less from 89.37 million shares in 2018Q1 were reported. Regions Fincl Corp reported 1,252 shares. Barnett & reported 14,345 shares. 1,650 are held by Moneta Gru Limited Company. Janney Montgomery Scott Ltd Llc has 33,765 shares for 0.02% of their portfolio. Zimmer Prns Lp holds 0.95% in Western Gas Partners, LP (NYSE:WES) or 1.44M shares. State Of New Jersey Common Pension Fund D owns 222,000 shares or 0.04% of their US portfolio. Apollo Mgmt Lp holds 94,400 shares or 0.03% of its portfolio. The Washington-based Sonata Grp Inc has invested 0.21% in Western Gas Partners, LP (NYSE:WES). Massachusetts-based Baldwin Brothers Ma has invested 0.07% in Western Gas Partners, LP (NYSE:WES). Wells Fargo Mn has 0% invested in Western Gas Partners, LP (NYSE:WES) for 92,542 shares. Exane Derivatives reported 20 shares. Invesco reported 0% of its portfolio in Western Gas Partners, LP (NYSE:WES). 8,930 are held by Mitchell Mcleod Pugh Williams. Tortoise Capital Advsr Limited Liability Company invested in 4.65% or 14.96 million shares. Smithfield Tru Communication holds 0% or 350 shares in its portfolio.

Magnetar Financial Llc decreased its stake in Western Gas Partners Lp (WES) by 30.91% based on its latest 2018Q2 regulatory filing with the SEC. Magnetar Financial Llc sold 515,704 shares as the company’s stock declined 0.20% while stock markets rallied. The hedge fund held 1.15 million shares of the public utilities company at the end of 2018Q2, valued at $55.79M, down from 1.67 million at the end of the previous reported quarter. Magnetar Financial Llc who had been investing in Western Gas Partners Lp for a number of months, seems to be less bullish one the $7.05B market cap company. The stock increased 0.33% or $0.15 during the last trading session, reaching $45.42. About 702,711 shares traded. Western Gas Partners, LP (NYSE:WES) has declined 0.02% since December 8, 2017 and is downtrending. It has underperformed by 15.64% the S&P500.

Magnetar Financial Llc, which manages about $13.74 billion and $5.18B US Long portfolio, upped its stake in Ggp Inc by 1.54M shares to 2.20 million shares, valued at $44.97M in 2018Q2, according to the filing. It also increased its holding in Conagra Brands Inc (NYSE:CAG) by 151,125 shares in the quarter, for a total of 231,362 shares, and has risen its stake in Williams Cos Inc Del (NYSE:WMB).

Analysts await Western Gas Partners, LP (NYSE:WES) to report earnings on February, 21. They expect $0.76 EPS, up 94.87 % or $0.37 from last year’s $0.39 per share. WES’s profit will be $117.95 million for 14.94 P/E if the $0.76 EPS becomes a reality. After $0.39 actual EPS reported by Western Gas Partners, LP for the previous quarter, Wall Street now forecasts 94.87 % EPS growth.

More notable recent Western Gas Partners, LP (NYSE:WES) news were published by: Seekingalpha.com which released: “Western Gas Partners, L.P. 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 01, 2018, also Seekingalpha.com with their article: “Anadarko unveils 2019 capex outlook, ups dividend, raises stock buybacks – Seeking Alpha” published on November 15, 2018, Bizjournals.com published: “Here’s what Anadarko is paying its newly promoted executives – Houston Business Journal” on November 21, 2018. More interesting news about Western Gas Partners, LP (NYSE:WES) were released by: Fool.com and their article: “This Oil Stock Is Lavishing More Cash on Its Shareholders – The Motley Fool” published on November 16, 2018 as well as Globenewswire.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for Western Gas Partners, LP, HCA Healthcare, DHI Group, AEterna Zentaris, Tsakos Energy Navigation, and Acme United — Fundamental Analysis, Key Performance Indications – GlobeNewswire” with publication date: November 16, 2018.

Western Gas Partners, LP (NYSE:WES) Ratings Coverage

Among 7 analysts covering Western Gas Partners (NYSE:WES), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Western Gas Partners had 11 analyst reports since June 12, 2018 according to SRatingsIntel. The stock of Western Gas Partners, LP (NYSE:WES) has “Buy” rating given on Tuesday, July 31 by Citigroup. The firm earned “Neutral” rating on Monday, October 1 by Bank of America. Bank of America upgraded the shares of WES in report on Wednesday, November 7 to “Buy” rating. Credit Suisse maintained it with “Neutral” rating and $47 target in Monday, November 12 report. Barclays Capital maintained it with “Equal-Weight” rating and $49 target in Tuesday, June 12 report. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, October 12. As per Friday, August 17, the company rating was maintained by Morgan Stanley. Stifel Nicolaus maintained Western Gas Partners, LP (NYSE:WES) rating on Thursday, August 2. Stifel Nicolaus has “Buy” rating and $64 target. The company was maintained on Monday, September 24 by Wells Fargo. On Wednesday, August 29 the stock rating was maintained by Barclays Capital with “Equal-Weight”.

Western Gas Partners, LP (NYSE:WES) Institutional Positions Chart

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