CNH Partners LLC Acquires 100 Shares of SemGroup Corp (SEMG)

CNH Partners LLC lifted its holdings in shares of SemGroup Corp (NASDAQ:SEMG) by 0.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,033 shares of the company’s stock after purchasing an additional 100 shares during the quarter. CNH Partners LLC’s holdings in SemGroup Corp were worth $433,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Karp Capital Management Corp bought a new position in shares of SemGroup Corp during the first quarter worth approximately $233,000. Comerica Bank increased 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 worth $247,000 after purchasing an additional 41 shares during the period. Amalgamated Bank increased its holdings in shares of SemGroup Corp by 0.8% during the second quarter. Amalgamated Bank now owns 8,378 shares of the company’s stock worth $226,000 after purchasing an additional 65 shares during the period. Trexquant Investment LP bought a new position in shares of SemGroup Corp during the second quarter worth approximately $227,000. Finally, KCG Holdings Inc. bought a new position in shares of SemGroup Corp during the first quarter worth approximately $308,000.

SemGroup Corp (NASDAQ SEMG) traded up 1.481% during mid-day trading on Tuesday, hitting $29.125. 59,265 shares of the company traded hands. The firm has a market capitalization of $2.29 billion and a P/E ratio of 288.366. SemGroup Corp has a one year low of $22.55 and a one year high of $43.20. The firm has a 50 day moving average of $26.87 and a 200 day moving average of $28.80.

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Several research analysts have recently commented on the stock. BidaskClub raised shares of SemGroup Corp from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Royal Bank Of Canada reiterated a “buy” rating and set a $33.00 price target on shares of SemGroup Corp in a research report on Tuesday, October 3rd.

About SemGroup Corp

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

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