The Duff & Phelps Investment Management Co. Increases Stake in DCP Midstream Partners, LP (DPM)

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DCP Midstream Partners, logoDuff & Phelps Investment Management Co. boosted its stake in shares of DCP Midstream Partners, LP (NYSE:DPM) by 23.7% throughout the third quarter, Holdings Channel reviews. The fund owned 1,218,184 shares of the corporate’s inventory after shopping for an extra 233,00zero shares throughout the interval. Duff & Phelps Investment Management Co.’s holdings in DCP Midstream Partners, have been price $43,zero38,00zero on the finish of the latest reporting interval.

Quite a few different mbadive traders have additionally just lately added to or diminished their stakes within the inventory. Neuberger Berman Group LLC raised its place in DCP Midstream Partners, by 436.6% within the second quarter. Neuberger Berman Group LLC now owns 670,810 shares of the corporate’s inventory price $23,136,00zero after shopping for an extra 545,810 shares over the last quarter. Bank of Montreal Can acquired a brand new place in DCP Midstream Partners, throughout the second quarter price $11,182,00zero. Horseman Capital Management Ltd acquired a brand new place in DCP Midstream Partners, throughout the second quarter price $eight,798,00zero. Picton Mahoney Asset Management acquired a brand new place in DCP Midstream Partners, throughout the second quarter price $6,918,00zero. Finally, Cbre Clarion Securities LLC acquired a brand new place in DCP Midstream Partners, throughout the second quarter price $5,538,00zero.

Institutional Ownership by Quarter for DCP Midstream Partners, (NYSE:DPM)

Shares of DCP Midstream Partners, LP (NYSE:DPM) traded up zero.8334% throughout noon buying and selling on Thursday, hitting $34.9186. The inventory had a buying and selling quantity of 68,085 shares. DCP Midstream Partners, LP has a 1-year low of $15.09 and a 1-year excessive of $38.15. The agency’s 50-day shifting common value is $34.13 and its 200-day shifting common value is $34.26. The inventory has a market cap of $four.01 billion, a price-to-earnings ratio of 19.7280 and a beta of 1.56.

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The agency additionally just lately introduced a quarterly dividend, which was paid on Monday, November 14th. Investors of report on Tuesday, November eighth got a dividend of $zero.78 per share. This represents a $three.12 annualized dividend and a yield of 9.01%. The ex-dividend date was Friday, November 4th.

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Quite a few badysis badysts just lately weighed in on DPM shares. FBR & Co began protection on DCP Midstream Partners, in a report on Friday, September ninth. They set a “market perform” ranking and a $33.00 goal value on the inventory. Zacks Investment Research lowered DCP Midstream Partners, from a “buy” ranking to a “hold” ranking in a report on Tuesday, November eighth. Drexel Hamilton badumed protection on DCP Midstream Partners, in a report on Thursday, November 17th. They issued a “hold” ranking on the inventory. Finally, Wunderlich upped their value goal on DCP Midstream Partners, from $35.00 to $36.00 and gave the corporate a “buy” ranking in a report on Wednesday, August 31st. One equities badysis badyst has rated the inventory with a promote ranking, eleven have issued a maintain ranking and 4 have issued a purchase ranking to the inventory. The firm presently has a mean ranking of “Hold” and a consensus value goal of $32.42.

About DCP Midstream Partners,

DCP Midstream Partners, LP is a restricted partnership. The Company operates by three segments: Natural Gas Services, NGL Logistics and Wholesale Propane Logistics. Its Natural Gas Services section consists of a geographically various complement of property and possession pursuits that present a spread of wellhead to market companies for its producer buyer, which embody gathering, compressing, treating, processing, transporting and storing pure fuel, and fractionating NGLs.

5 Day Chart for NYSE:DPM

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