Analysts are on the Bearish side about MPLX LP (NYSE:MPLX) this week.

Investors sentiment decreased to 0.92 in Q2 2019. Its down 0.23, from 1.15 in 2019Q1. It is negative, as 22 investors sold MPLX LP shares while 83 reduced holdings. 30 funds opened positions while 67 raised stakes. 228.15 million shares or 0.26% more from 227.56 million shares in 2019Q1 were reported.
Moreover, Lpl Ltd Co has 0% invested in MPLX LP (NYSE:MPLX) for 20,360 shares. Westover Capital Advisors Limited Liability Com holds 0.22% or 13,566 shares. Mirae Asset Glob Invs Limited holds 0.49% or 2.24M shares. 11,770 are held by Winslow Evans And Crocker. Moreover, Commonwealth Of Pennsylvania School Empls Retrmt has 1.7% invested in MPLX LP (NYSE:MPLX) for 3.11M shares. Kings Point Capital owns 111,469 shares or 0.66% of their US portfolio. 8.09 million were reported by Fincl Bank Of America Corp De. Deutsche Bancorp Ag accumulated 0.03% or 1.49M shares. Moreover, Css Limited Liability Il has 0.01% invested in MPLX LP (NYSE:MPLX). Starr Interest holds 152,600 shares. Kayne Anderson Cap Advsr L P invested in 8.72M shares or 4.21% of the stock. Nuveen Asset Limited Liability Company reported 302,200 shares. Miller Howard Ny stated it has 2.09% of its portfolio in MPLX LP (NYSE:MPLX). Chickasaw Capital Mngmt Limited Company owns 5.90M shares. Hightower Advsr Ltd invested in 0.07% or 348,348 shares.

Since August 7, 2019, it had 4 insider buys, and 0 selling transactions for $3.16 million activity. $1.16M worth of MPLX LP (NYSE:MPLX) was bought by Heminger Gary R. on Wednesday, August 7. On Wednesday, August 7 the insider SANDMAN DAN D bought $998,534.

MPLX LP (NYSE:MPLX) Ratings Coverage

Among 7 analysts covering MPLX (NYSE:MPLX), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. MPLX has $3900 highest and $3300 lowest target. $35.71’s average target is 23.52% above currents $28.91 stock price. MPLX had 12 analyst reports since March 29, 2019 according to SRatingsIntel. The stock of MPLX LP (NYSE:MPLX) earned “Overweight” rating by Barclays Capital on Monday, August 19. Raymond James maintained the stock with “Outperform” rating in Friday, August 2 report. The rating was maintained by Wells Fargo with “Outperform” on Thursday, May 9. The rating was upgraded by Bank of America on Tuesday, June 11 to “Buy”. The firm has “Buy” rating given on Tuesday, September 3 by Jefferies. Below is a list of MPLX LP (NYSE:MPLX) latest ratings and price target changes.

03/09/2019 Broker: Jefferies Rating: Buy New Target: $35.0000 Maintain
03/09/2019 Broker: Scotia Capital Rating: Sector Outperform New Target: $36.0000 Initiates Coverage On
19/08/2019 Broker: Barclays Capital Rating: Overweight New Target: $33.0000 Maintain
14/08/2019 Broker: Evercore Old Rating: Outperform New Rating: In-Line Downgrade
02/08/2019 Broker: Raymond James Rating: Outperform Old Target: $38.0000 New Target: $34.0000 Maintain
11/06/2019 Broker: Bank of America Old Rating: Neutral New Rating: Buy New Target: $39.0000 Upgrade
10/06/2019 Broker: BMO Capital Markets Rating: Market Perform New Target: $35.0000 Initiates Coverage On
09/05/2019 Broker: Wells Fargo Rating: Outperform Old Target: $37.0000 New Target: $38.0000 Maintain
08/05/2019 Broker: BidaskScore Rating: Sell Upgrade
16/04/2019 Broker: Raymond James Old Rating: Strong Buy New Rating: Outperform Downgrade

The stock increased 1.03% or $0.3 during the last trading session, reaching $28.91. About 1.83M shares traded. MPLX LP (NYSE:MPLX) has declined 19.19% since September 13, 2018 and is downtrending. It has underperformed by 19.19% the S&P500.

MPLX LP owns, operates, develops, and acquires midstream energy infrastructure assets. The company has market cap of $30.56 billion. It operates through Logistics and Storage; and Gathering and Processing divisions. It has a 12.57 P/E ratio. The firm engages in gathering, processing, and transportation of natural gas; the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering, transportation, and storage of crude oil and refined petroleum products.

More notable recent MPLX LP (NYSE:MPLX) news were published by: Seekingalpha.com which released: “MPLX declares $0.6675 dividend – MPLX LP (NYSE:MPLX) – Seeking Alpha” on July 22, 2019, also Prnewswire.com with their article: “MPLX LP Announces Successful Early Note Exchange Tender Period – PRNewswire” published on September 06, 2019, Seekingalpha.com published: “MPLX: An 8% Yield MLP With Growth Potential – Seeking Alpha” on July 08, 2019. More interesting news about MPLX LP (NYSE:MPLX) were released by: Seekingalpha.com and their article: “Q2 2019 MLP Distribution Recap: Trending In The Right Direction – Seeking Alpha” published on August 21, 2019 as well as Prnewswire.com‘s news article titled: “MPLX LP Commences Exchange Offers and Andeavor Logistics LP and Tesoro Logistics Finance Corp. Commence Consent Solicitations – PRNewswire” with publication date: August 22, 2019.

MPLX LP (NYSE:MPLX) Institutional Positions Chart

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