Dupont Capital Management Corp Takes $771,000 Position in SemGroup Corp (SEMG)

Dupont Capital Management Corp bought a new stake in shares of SemGroup Corp (NASDAQ:SEMG) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 26,805 shares of the company’s stock, valued at approximately $771,000.

Other hedge funds have also made changes to their positions in the company. IHT Wealth Management LLC purchased a new stake in SemGroup Corp during the second quarter valued at approximately $119,000. Amalgamated Bank increased its holdings in SemGroup Corp by 0.8% during the second quarter. Amalgamated Bank now owns 8,378 shares of the company’s stock valued at $226,000 after buying an additional 65 shares during the last quarter. Trexquant Investment LP purchased a new stake in SemGroup Corp during the second quarter valued at approximately $227,000. BNP Paribas Arbitrage SA increased its holdings in SemGroup Corp by 537.3% during the second quarter. BNP Paribas Arbitrage SA now owns 9,114 shares of the company’s stock valued at $246,000 after buying an additional 7,684 shares during the last quarter. Finally, Capital Fund Management S.A. purchased a new stake in SemGroup Corp during the second quarter valued at approximately $265,000.

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A number of analysts have commented on SEMG shares. Royal Bank Of Canada reaffirmed a “buy” rating and set a $33.00 target price on shares of SemGroup Corp in a report on Tuesday, August 29th. BidaskClub upgraded shares of SemGroup Corp from a “sell” rating to a “hold” rating in a research report on Friday, September 8th. Barclays PLC reiterated a “hold” rating and issued a $32.00 price target on shares of SemGroup Corp in a research report on Thursday, October 19th. Finally, SunTrust Banks, Inc. reiterated a “buy” rating and issued a $36.00 price target on shares of SemGroup Corp in a research report on Friday.

SemGroup Corp (SEMG) opened at $25.05 on Friday. SemGroup Corp has a 12-month low of $22.55 and a 12-month high of $43.20.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Monday, November 20th will be given a $0.45 dividend. The ex-dividend date is Friday, November 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.19%.

SemGroup Corp Profile

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Institutional Ownership by Quarter for SemGroup Corp (NASDAQ:SEMG)

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