Southcross Energy Partners, L.P. (SXE) EPS Estimated At $-0.22; Corenergy Infrastructure Trust (CORR) Shorts Lowered By 1.38%

April 20, 2018 - By Winifred Garcia

CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) Logo

Analysts expect Southcross Energy Partners, L.P. (NYSE:SXE) to report $-0.22 EPS on May, 8.They anticipate $0.03 EPS change or 15.79% from last quarter’s $-0.19 EPS. After having $-0.21 EPS previously, Southcross Energy Partners, L.P.’s analysts see 4.76% EPS growth. The stock increased 0.80% or $0.01 during the last trading session, reaching $1.72. About 27,234 shares traded. Southcross Energy Partners, L.P. (NYSE:SXE) has declined 50.00% since April 20, 2017 and is downtrending. It has underperformed by 61.55% the S&P500.

Corenergy Infrastructure Trust Inc (NYSE:CORR) had a decrease of 1.38% in short interest. CORR’s SI was 1.07 million shares in April as released by FINRA. Its down 1.38% from 1.09 million shares previously. With 75,200 avg volume, 14 days are for Corenergy Infrastructure Trust Inc (NYSE:CORR)’s short sellers to cover CORR’s short positions. The SI to Corenergy Infrastructure Trust Inc’s float is 9.05%. The stock decreased 0.16% or $0.06 during the last trading session, reaching $38.3. About 35,915 shares traded. CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) has risen 15.23% since April 20, 2017 and is uptrending. It has outperformed by 3.68% the S&P500.

Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. The company has market cap of $139.52 million. The firm also offers natural gas liquid fractionation and transportation services. It currently has negative earnings. In addition, it supplies natural gas to industrial, commercial, and power generation customers, as well as local distribution companies.

Among 8 analysts covering Southcross Energy Partners (NYSE:SXE), 0 have Buy rating, 3 Sell and 5 Hold. Therefore 0 are positive. Southcross Energy Partners had 14 analyst reports since August 8, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Monday, August 10. The firm has “Buy” rating by Wunderlich given on Tuesday, October 20. On Thursday, March 17 the stock rating was downgraded by JP Morgan to “Underweight”. The company was downgraded on Friday, January 8 by Wunderlich. On Monday, January 11 the stock rating was downgraded by Citigroup to “Neutral”. The firm earned “Buy” rating on Saturday, August 8 by Stifel Nicolaus. The stock of Southcross Energy Partners, L.P. (NYSE:SXE) earned “Outperform” rating by Raymond James on Monday, August 10. Stifel Nicolaus downgraded Southcross Energy Partners, L.P. (NYSE:SXE) on Thursday, March 17 to “Sell” rating. As per Friday, January 8, the company rating was downgraded by Wells Fargo. Raymond James upgraded the stock to “Market Perform” rating in Thursday, November 2 report.

Investors sentiment decreased to 0.85 in Q4 2017. Its down 0.15, from 1 in 2017Q3. It worsened, as 5 investors sold Southcross Energy Partners, L.P. shares while 8 reduced holdings. 6 funds opened positions while 5 raised stakes. 2.17 million shares or 24.05% more from 1.75 million shares in 2017Q3 were reported. Royal National Bank Of Canada holds 30,400 shares or 0% of its portfolio. 18,400 are held by California Public Employees Retirement. Center Coast Capital Advisors Ltd Partnership stated it has 0.01% in Southcross Energy Partners, L.P. (NYSE:SXE). Brookfield Asset Management holds 211,000 shares or 0% of its portfolio. Stifel Finance Corp holds 0% or 48,486 shares. Renaissance Ltd Liability Company invested 0% in Southcross Energy Partners, L.P. (NYSE:SXE). Wells Fargo Mn reported 301 shares stake. Hite Hedge Asset Mgmt Limited holds 0.11% or 368,495 shares in its portfolio. Acadian Asset Management Ltd Liability Co has invested 0% in Southcross Energy Partners, L.P. (NYSE:SXE). Barclays Public Limited Company reported 102 shares or 0% of all its holdings. Virtu Fin Ltd has 43,188 shares for 0% of their portfolio. Quinn Opportunity Lc accumulated 66,246 shares. Goldman Sachs Gp owns 102,626 shares for 0% of their portfolio. Raymond James And Assoc invested 0% of its portfolio in Southcross Energy Partners, L.P. (NYSE:SXE). Deutsche Bank Ag owns 148,600 shares.

Among 5 analysts covering CorEnergy Infrastructure Trust (NYSE:CORR), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. CorEnergy Infrastructure Trust had 15 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Bank of America on Monday, June 26. On Thursday, September 22 the stock rating was initiated by DA Davidson with “Buy”. The rating was upgraded by Stifel Nicolaus to “Buy” on Wednesday, June 1. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, August 12. RBC Capital Markets upgraded the shares of CORR in report on Monday, November 14 to “Sector Perform” rating. RBC Capital Markets downgraded the stock to “Underperform” rating in Monday, October 17 report. On Thursday, August 11 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The stock of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) earned “Sector Perform” rating by RBC Capital Markets on Friday, May 6. As per Wednesday, December 21, the company rating was maintained by Stifel Nicolaus. The rating was downgraded by Wells Fargo on Thursday, February 25 to “Market Perform”.

CorEnergy Infrastructure Trust, Inc

Southcross Energy Partners, L.P. (NYSE:SXE) Institutional Positions Chart

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