American National Insurance Co. TX Has $557,000 Stake in Western Gas Partners, LP (NYSE:WES)

American National Insurance Co. TX continued to hold its position in shares of Western Gas Partners, LP (NYSE:WES) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,950 shares of the pipeline company’s stock at the end of the second quarter. American National Insurance Co. TX’s holdings in Western Gas Partners, were worth $557,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Linscomb & Williams Inc. boosted its position in shares of Western Gas Partners, by 0.4% in the first quarter. Linscomb & Williams Inc. now owns 9,645 shares of the pipeline company’s stock worth $583,000 after buying an additional 35 shares in the last quarter. Sei Investments Co. boosted its position in shares of Western Gas Partners, by 0.6% in the first quarter. Sei Investments Co. now owns 18,100 shares of the pipeline company’s stock worth $1,094,000 after buying an additional 100 shares in the last quarter. Keybank National Association OH boosted its position in shares of Western Gas Partners, by 6.1% in the first quarter. Keybank National Association OH now owns 4,795 shares of the pipeline company’s stock worth $290,000 after buying an additional 275 shares in the last quarter. TIAA CREF Trust Co. FSB MO boosted its position in shares of Western Gas Partners, by 1.4% in the first quarter. TIAA CREF Trust Co. FSB MO now owns 23,304 shares of the pipeline company’s stock worth $1,409,000 after buying an additional 332 shares in the last quarter. Finally, Sigma Planning Corp boosted its position in shares of Western Gas Partners, by 11.6% in the first quarter. Sigma Planning Corp now owns 5,682 shares of the pipeline company’s stock worth $343,000 after buying an additional 589 shares in the last quarter. Institutional investors own 58.03% of the company’s stock.

Shares of Western Gas Partners, LP (NYSE:WES) opened at 53.20 on Friday. The stock’s 50 day moving average price is $55.11 and its 200 day moving average price is $58.99. Western Gas Partners, LP has a 12 month low of $46.85 and a 12 month high of $67.44. The stock has a market capitalization of $7.53 billion, a price-to-earnings ratio of 37.10 and a beta of 1.20.

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 11th. Stockholders of record on Monday, July 31st will be issued a dividend of $0.89 per share. This is an increase from Western Gas Partners,’s previous quarterly dividend of $0.88. This represents a $3.56 dividend on an annualized basis and a dividend yield of 6.69%. The ex-dividend date is Thursday, July 27th. Western Gas Partners,’s dividend payout ratio is presently 241.38%.

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A number of equities analysts recently issued reports on the company. Stifel Nicolaus reiterated a “hold” rating and issued a $60.00 target price on shares of Western Gas Partners, in a report on Friday, July 14th. Citigroup Inc. increased their target price on Western Gas Partners, from $55.00 to $61.00 and gave the stock a “neutral” rating in a report on Tuesday, April 25th. TheStreet raised Western Gas Partners, from a “c+” rating to a “b” rating in a research report on Wednesday, April 26th. Guggenheim assumed coverage on Western Gas Partners, in a research report on Monday, April 17th. They issued a “buy” rating and a $68.00 price target for the company. Finally, Macquarie assumed coverage on Western Gas Partners, in a research report on Friday, April 21st. They issued an “outperform” rating and a $51.00 price target for the company. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $61.54.

About Western Gas Partners,

Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil in the United States.