Somewhat Favorable Press Coverage Somewhat Unlikely to Impact DCP Midstream Partners (DCP) Stock Price

Media headlines about DCP Midstream Partners (NYSE:DCP) have trended somewhat positive on Wednesday, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DCP Midstream Partners earned a news impact score of 0.17 on Accern’s scale. Accern also assigned press coverage about the pipeline company an impact score of 45.7474074284271 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of analysts recently weighed in on DCP shares. Zacks Investment Research upgraded shares of DCP Midstream Partners from a “strong sell” rating to a “hold” rating in a report on Monday, November 13th. Jefferies Group reiterated a “hold” rating and issued a $33.00 target price (down previously from $35.00) on shares of DCP Midstream Partners in a research report on Friday, September 1st. R. F. Lafferty initiated coverage on shares of DCP Midstream Partners in a report on Thursday, October 5th. They set a “buy” rating and a $38.00 price target on the stock. Stifel Nicolaus reaffirmed a “buy” rating and set a $40.00 price objective (up from $39.00) on shares of DCP Midstream Partners in a report on Thursday, November 9th. Finally, Credit Suisse Group reduced their price objective on shares of DCP Midstream Partners from $44.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. DCP Midstream Partners presently has a consensus rating of “Hold” and an average price target of $38.73.

DCP Midstream Partners (DCP) opened at $34.62 on Wednesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.70 and a current ratio of 0.73. The stock has a market cap of $5,018.71, a P/E ratio of 39.35 and a beta of 2.10. DCP Midstream Partners has a 1-year low of $29.70 and a 1-year high of $42.45.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Tuesday, November 7th were given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 9.01%. The ex-dividend date was Monday, November 6th. DCP Midstream Partners’s dividend payout ratio is presently 439.44%.

In related news, CEO Kempen Wouter T. Van acquired 750 shares of the company’s stock in a transaction on Monday, November 20th. The shares were acquired at an average cost of $1,000.00 per share, for a total transaction of $750,000.00. Following the purchase, the chief executive officer now owns 750 shares in the company, valued at $750,000. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Brent L. Backes acquired 150 shares of the company’s stock in a transaction on Monday, November 20th. The shares were bought at an average price of $1,000.00 per share, for a total transaction of $150,000.00. Following the completion of the purchase, the vice president now owns 150 shares in the company, valued at approximately $150,000. The disclosure for this purchase can be found here. Insiders have acquired 950 shares of company stock worth $950,000 over the last ninety days. Insiders own 0.04% of the company’s stock.

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DCP Midstream Partners Company Profile

DCP Midstream, LP, formerly DCP Midstream Partners, LP, is a producer and marketer of natural gas liquids (NGLs) in the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering, and selling condensate, and transporting, storing and selling propane in wholesale markets.

Insider Buying and Selling by Quarter for DCP Midstream Partners (NYSE:DCP)

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