SemGroup Corp (SEMG) Shares Bought by Alliancebernstein L.P.

Alliancebernstein L.P. increased its position in SemGroup Corp (NASDAQ:SEMG) by 15.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,690 shares of the company’s stock after buying an additional 14,500 shares during the quarter. Alliancebernstein L.P. owned about 0.16% of SemGroup Corp worth $2,908,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Comerica Bank lifted its holdings in shares of SemGroup Corp by 0.6% in the first quarter. Comerica Bank now owns 7,412 shares of the company’s stock valued at $247,000 after buying an additional 41 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of SemGroup Corp by 0.4% in the first quarter. Ameriprise Financial Inc. now owns 15,591 shares of the company’s stock valued at $561,000 after buying an additional 65 shares during the period. Keybank National Association OH lifted its holdings in shares of SemGroup Corp by 6.4% in the second quarter. Keybank National Association OH now owns 10,665 shares of the company’s stock valued at $288,000 after buying an additional 645 shares during the period. Miller Howard Investments Inc. NY lifted its holdings in shares of SemGroup Corp by 7.1% in the second quarter. Miller Howard Investments Inc. NY now owns 10,871 shares of the company’s stock valued at $294,000 after buying an additional 717 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of SemGroup Corp by 5.2% in 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 buying an additional 800 shares during the period.

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Shares of SemGroup Corp (SEMG) opened at 29.00 on Wednesday. The firm has a market capitalization of $2.28 billion and a price-to-earnings ratio of 287.13. SemGroup Corp has a 12 month low of $22.55 and a 12 month high of $43.20. The stock’s 50 day moving average price is $27.03 and its 200-day moving average price is $28.76.

Several analysts have recently weighed in on SEMG shares. Royal Bank Of Canada restated a “buy” rating and issued a $33.00 price objective on shares of SemGroup Corp in a report on Tuesday, August 29th. BidaskClub upgraded SemGroup Corp from a “sell” rating to a “hold” rating in a report on Friday, September 8th.

About SemGroup Corp

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

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