Targa Resources Corp (TRGP) Holder Chickasaw Capital Management LLC Decreased Its Stake

About shares traded. Targa Resources Corp (NYSE:TRGP) has risen 18.42% since September 1, 2016 and is uptrending. The stock rose 0.25% or $0.11 reaching $43.55. Currently, 86.46 million total shares are owned by the public and among those 83.83 million shares have been available to trade.

Targa Resources Corp. (TRGP) has an annual dividend of $3.64, while its annual dividend yield is 8.38%. It has outperformed by 1.72% the S&P500. Trillium Asset Management Llc acquired 40,455 shares as Pnc Finl Svcs Group Inc (PNC)'s stock declined 6.38%. Corporate insiders own 1.93% of the company's stock. (NYSE:KND) traded down -2.6% in the last session while performance was up 7.5% in the last five days. Sunoco LP (NYSE:SUN) has declined 6.50% since September 1, 2016 and is downtrending. It has underperformed by 66.61% the S&P500.

Since March 8, 2017, it had 0 insider buys, and 1 sale for $256,790 activity. Windward Mgmt Ca has 0.04% invested in Targa Resources Corp (NYSE:TRGP). It dropped, as 35 investors sold Targa Resources Corp shares while 102 reduced holdings. Pacad Investment holds 0.12% of its portfolio in Targa Resources Corp (NYSE:TRGP) for 17,200 shares. It last reported revenues of $1.53 billion and EPS of $0.19 for the June 2017, representing -17% top-line growth and 0.38 EPS growth. The company had a trading volume of 1,223,673 shares. 70 funds opened positions while 130 raised stakes.

Goldman Sachs Gru owns 13.25 million shares. Balyasny Asset Limited Com invested in 772,940 shares or 0.23% of the stock. Columbia Asset owns 1,911 shares. Royal Bank Of Canada reissued a "buy" rating and issued a $67.00 price objective on shares of Targa Resources in a research note on Monday, May 8th. Cibc Asset has invested 0% in Targa Resources Corp (NYSE:TRGP). Amica Pension Fund Board Of Trustees holds 26,406 shares or 0.37% of its portfolio. Great West Life Assurance Commerce Can reported 0.03% of its portfolio in Targa Resources Corp (NYSE:TRGP). Denver Investment Limited Liability Co invested 0.08% of its portfolio in Targa Resources Corp (NYSE:TRGP). California-based Tcw Gru has invested 0.02% in Targa Resources Corp (NYSE:TRGP). Hanson Mcclain Inc owns 2 shares or 0% of their USA portfolio. Blackrock Inc has invested 0.03% in Targa Resources Corp (NYSE:TRGP). Northwestern Mutual Wealth stated it has 580 shares. Putnam Investments Limited Liability has 61,801 shares.

Cbre Clarion Securities Llc increased Boston Properties Inc.

Harvest Fund Advisors Llc increased Oneok Partners Lp (NYSE:OKS) stake by 222,696 shares to 3.81 million valued at $163.93 million in 2016Q4. It also upped Dct Industrial Trust (NYSE:DCT) stake by 137,450 shares and now owns 3.86 million shares. Prudential Financial Inc. raised its position in shares of Targa Resources by 16.2% in the first quarter.


Among 19 analysts covering Targa Resources (NYSE:TRGP), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 43% are positive. The original version of this report can be accessed at https://www.truebluetribune.com/2017/09/01/virginia-retirement-systems-et-al-purchases-6400-shares-of-targa-resources-inc-trgp.html. The stock has "Buy" rating by Jefferies on Monday, August 21. The firm has "Buy" rating given on Thursday, August 4 by Stifel Nicolaus. RBC Capital Markets maintained it with "Outperform" rating and $110 target in Wednesday, August 5 report. The company was upgraded on Tuesday, September 8 by Deutsche Bank. The firm earned "Neutral" rating on Friday, February 26 by Credit Suisse. Loop Capital initiated it with "Buy" rating and $54 target in Wednesday, December 7 report. The stock of Targa Resources Partners LP (NYSE:NGLS) has "Hold" rating given on Wednesday, November 4 by Stifel Nicolaus. The stock of Targa Resources Corp (NYSE:TRGP) earned "Hold" rating by Jefferies on Thursday, June 22. The firm has "Hold" rating given on Thursday, June 22 by Jefferies.

Analyst Thoughts About Legg Mason, Inc. Therefore 31% are positive. 72,111 were reported by Alps Advsrs Inc. Barclays Capital maintained it with "Overweight" rating and $104.0 target in Wednesday, August 5 report.

Several equities analysts have issued reports on TRGP shares. As per Monday, May 2, the company rating was maintained by Barclays Capital. Candriam Luxembourg S.C.A. now owns 13,067 shares of the pipeline company's stock valued at $783,000 after buying an additional 3,410 shares in the last quarter.

Legg Mason, Inc. (NYSE:LM) has a market cap of $3.57 billion and over the last 12 months, LM has risen by 10.41%.

Investors sentiment increased to 1.24 in Q4 2016.

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