Neuberger Berman Group LLC cut its stake in shares of SemGroup Corp (NASDAQ:SEMG) by 21.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,953 shares of the company’s stock after selling 8,010 shares during the quarter. Neuberger Berman Group LLC’s holdings in SemGroup Corp were worth $782,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Comerica Bank lifted its holdings in shares of SemGroup Corp by 0.6% during the first quarter. Comerica Bank now owns 7,412 shares of the company’s stock valued at $247,000 after acquiring an additional 41 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of SemGroup Corp by 0.4% during the first quarter. Ameriprise Financial Inc. now owns 15,591 shares of the company’s stock valued at $561,000 after acquiring an additional 65 shares during the period. Miller Howard Investments Inc. NY lifted its holdings in shares of SemGroup Corp by 7.1% during the second quarter. Miller Howard Investments Inc. NY now owns 10,871 shares of the company’s stock valued at $294,000 after acquiring an additional 717 shares during the period. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of SemGroup Corp by 5.2% during the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 16,315 shares of the company’s stock valued at $587,000 after acquiring an additional 800 shares during the period. Finally, Keybank National Association OH lifted its holdings in shares of SemGroup Corp by 10.2% during the first quarter. Keybank National Association OH now owns 10,020 shares of the company’s stock valued at $361,000 after acquiring an additional 925 shares during the period.
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A number of research analysts have issued reports on SEMG shares. Royal Bank Of Canada reissued a “buy” rating and set a $33.00 price objective on shares of SemGroup Corp in a report on Tuesday, August 29th. BidaskClub raised SemGroup Corp from a “sell” rating to a “hold” rating in a report on Friday, September 8th.
SemGroup Corp (NASDAQ SEMG) opened at 26.80 on Thursday. The company has a market capitalization of $2.11 billion and a PE ratio of 265.35. SemGroup Corp has a one year low of $22.55 and a one year high of $43.20. The firm’s 50 day moving average price is $25.30 and its 200-day moving average price is $29.38.
The business also recently announced a quarterly dividend, which was paid on Monday, August 28th. Stockholders of record on Friday, August 18th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.72%. The ex-dividend date was Wednesday, August 16th.
About SemGroup Corp
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