DCP Midstream（纽约证券交易所代码：DCP）现已由 StockNews.com 报道

Equities research analysts at StockNews.com started coverage on shares of DCP Midstream (NYSE:DCP – Get Rating) in a note issued to investors on Friday. The firm set a "buy" rating on the pipeline company's stock.

Several other research analysts have also weighed in on the stock. Wells Fargo & Company lowered shares of DCP Midstream from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $45.00 to $39.00 in a research note on Friday, November 11th. Raymond James lowered shares of DCP Midstream from a "strong-buy" rating to a "market perform" rating in a research note on Monday, January 9th. US Capital Advisors lowered shares of DCP Midstream from an "overweight" rating to a "hold" rating in a research note on Tuesday, January 31st. Finally, Mizuho lowered shares of DCP Midstream from a "buy" rating to a "neutral" rating and lowered their target price for the company from $45.00 to $42.00 in a research note on Thursday, January 12th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, DCP Midstream presently has a consensus rating of "Hold" and a consensus target price of $41.50.

DCP Midstream Trading Up 0.0 %

Shares of NYSE:DCP opened at $41.74 on Friday. The company has a 50 day moving average of $41.59 and a 200-day moving average of $39.58. The firm has a market cap of $8.70 billion, a P/E ratio of 8.84 and a beta of 2.41. DCP Midstream has a twelve month low of $26.44 and a twelve month high of $42.15. The company has a current ratio of 0.68, a quick ratio of 0.65 and a debt-to-equity ratio of 0.75.

DCP Midstream (NYSE:DCP – Get Rating) last issued its quarterly earnings results on Wednesday, February 8th. The pipeline company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.09. DCP Midstream had a net margin of 7.02% and a return on equity of 21.64%. The company had revenue of $3.03 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the business posted $1.44 EPS. The business's revenue for the quarter was down 12.9% compared to the same quarter last year. As a group, analysts anticipate that DCP Midstream will post 5.05 earnings per share for the current fiscal year.

Institutional Trading of DCP Midstream

A number of hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers lifted its holdings in shares of DCP Midstream by 1.5% during the 4th quarter. Cetera Investment Advisers now owns 21,966 shares of the pipeline company's stock worth $852,000 after acquiring an additional 314 shares during the period. Royal Bank of Canada lifted its holdings in shares of DCP Midstream by 0.7% during the 1st quarter. Royal Bank of Canada now owns 77,192 shares of the pipeline company's stock worth $2,591,000 after acquiring an additional 512 shares during the period. IFP Advisors Inc lifted its holdings in shares of DCP Midstream by 15.1% during the 4th quarter. IFP Advisors Inc now owns 4,853 shares of the pipeline company's stock worth $204,000 after acquiring an additional 636 shares during the period. Moors & Cabot Inc. lifted its holdings in shares of DCP Midstream by 9.0% during the 2nd quarter. Moors & Cabot Inc. now owns 8,451 shares of the pipeline company's stock worth $250,000 after acquiring an additional 700 shares during the period. Finally, Evergreen Capital Management LLC lifted its holdings in shares of DCP Midstream by 3.9% during the 3rd quarter. Evergreen Capital Management LLC now owns 19,817 shares of the pipeline company's stock worth $745,000 after acquiring an additional 735 shares during the period. 35.49% of the stock is owned by institutional investors.

About DCP Midstream

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DCP Midstream LP engages in the business of gathering, compressing, treating, processing, transporting, storing, and selling natural gas. It operates through the Logistics and Marketing and Gathering and Processing segments. The Logistics and Marketing segment includes transporting, trading, marketing, and storing natural gas and NGLs and fractionating NGLs.

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