OxFORD Asset Management LLP Has $449,000 Position in SemGroup Corp (NYSE:SEMG)

OxFORD Asset Management LLP lowered its stake in shares of SemGroup Corp (NYSE:SEMG) by 80.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,554 shares of the pipeline company’s stock after selling 65,392 shares during the quarter. OxFORD Asset Management LLP’s holdings in SemGroup were worth $449,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. Harvest Fund Advisors LLC grew its position in shares of SemGroup by 25.2% during the third quarter. Harvest Fund Advisors LLC now owns 7,429,829 shares of the pipeline company’s stock worth $213,608,000 after acquiring an additional 1,496,078 shares during the last quarter. Citadel Advisors LLC grew its position in SemGroup by 3,708.7% in the 3rd quarter. Citadel Advisors LLC now owns 1,242,255 shares of the pipeline company’s stock valued at $35,714,000 after buying an additional 1,209,639 shares during the last quarter. Atlantic Trust Group LLC grew its position in SemGroup by 28.8% in the 2nd quarter. Atlantic Trust Group LLC now owns 3,152,498 shares of the pipeline company’s stock valued at $85,118,000 after buying an additional 704,788 shares during the last quarter. Dimensional Fund Advisors LP grew its position in SemGroup by 16.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,645,268 shares of the pipeline company’s stock valued at $133,552,000 after buying an additional 667,217 shares during the last quarter. Finally, Northern Trust Corp grew its position in SemGroup by 44.9% in the 2nd quarter. Northern Trust Corp now owns 1,559,709 shares of the pipeline company’s stock valued at $42,113,000 after buying an additional 483,458 shares during the last quarter. 97.97% of the stock is currently owned by institutional investors.

A number of research firms recently weighed in on SEMG. Royal Bank of Canada reiterated a “buy” rating and issued a $33.00 price objective on shares of SemGroup in a research report on Tuesday, November 7th. BidaskClub upgraded shares of SemGroup from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Zacks Investment Research upgraded shares of SemGroup from a “sell” rating to a “hold” rating in a research report on Wednesday. Barclays restated a “hold” rating and set a $32.00 target price on shares of SemGroup in a research report on Thursday, October 19th. Finally, Goldman Sachs Group lowered shares of SemGroup from a “buy” rating to a “neutral” rating and set a $32.00 target price on the stock. in a research report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $31.14.

SemGroup Corp (NYSE SEMG) opened at $28.70 on Friday. The stock has a market capitalization of $2,260.00, a price-to-earnings ratio of -2,870.00, a PEG ratio of 12.57 and a beta of 2.00. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.01 and a current ratio of 1.24. SemGroup Corp has a one year low of $21.35 and a one year high of $42.40.

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SemGroup Company Profile

Institutional Ownership by Quarter for SemGroup (NYSE:SEMG)

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