Hi-Crush Partners (HCLP) Receives News Sentiment Score of 0.20

ING Groep NV now owns 1,390,552 shares of the basic materials company’s stock valued at $15,087,000 after purchasing an additional 1,206,058 shares during the last quarter.

Artisan Partners Asset Management Inc (APAM) have moved lower over the course of the past week revealing negative downward near-term momentum for the shares. It has outperformed by 98.09% the S&P500.The move comes after 7 months positive chart setup for the $746.45M company. We have $8.94 PT which if reached, will make NYSE:HCLP worth $67.18M more.

Hi-Crush Partners LP is an integrated producer, transporter, marketer and distributor of monocrystalline sand, a specialized mineral that is used as a proppant to manage the recovery rates of hydrocarbons from oil and natural gas wells.

Hi-Crush Partners LP (HCLP) has a market capitalization of 719.14 Million which suggests the company is a huge company further suggesting that the shares of Hi-Crush Partners LP (HCLP) are stable and safe compared to the lower market capitalization companies. Its reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States. It now has negative earnings. It operates in Frac Sand Sales segment. ValuEngine downgraded Hi-Crush Partners from a “hold” rating to a “sell” rating in a report on Thursday, June 15th. Therefore 50% are positive. Evercore ISI initiated coverage on Hi-Crush Partners in a research report on Thursday, May 25th. Finally, Zacks Investment Research downgraded Hi-Crush Partners from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Barclays Capital has “Underweight” rating and $5 target. The firm earned “Buy” rating on Monday, July 11 by Jefferies. Wunderlich maintained the stock with “Buy” rating in Wednesday, October 28 report. Cowen and Company raised HI-CRUSH PTNRS from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $12.00 to $22.00 in a report on Monday, December 5th.

Yet another important factor while evaluating a good buy/sell decision for Hi-Crush Partners LP (HCLP) is its Earnings per Share or EPS. Jefferies Group LLC reiterated a buy rating and set a $30.00 price objective (down previously from $32.00) on shares of Hi-Crush Partners in a report on Tuesday, May 2nd. The firm has “Buy” rating given on Tuesday, September 13 by Raymond James.

Investors sentiment decreased to 1.66 in 2016 Q4. Its down -0.79, from 1.63 in 2016Q3. HI-CRUSH PTNRS had a negative net margin of 29.58% and a negative return on equity of 14.63%.

After a recent spot-check, Hi-Crush Partners LP (NYSE:HCLP)’s ATR is 0.44.

Top Ace Asset Management Ltd holds 12.24% of its portfolio in Hi-Crush Partners LP for 550,000 shares. Clearbridge Lc holds 0.21% or 471,998 shares. Company shares were recently noted -26.02% off of the 50-day high and 16.32% away from the 50-day low. California Employees Retirement Sys owns 279,500 shares for 0.01% of their portfolio. Analysts anticipate that Hi-Crush Partners will post $1.05 earnings per share for the current year. Royal Bank of Canada boosted its stake in shares of HI-CRUSH PTNRS by 2.3% in the second quarter. 145,079 are owned by Selz Ltd Liability Com.

Now the shares of Hi-Crush Partners LP (HCLP) has the trading volume of 1.28 Million shares with the average trading volume of 1380 shares. North Star Inv Mgmt invested in 0.01% or 3,000 shares. Hedge funds and other institutional investors own 50.67% of the company’s stock.

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