$0.35 EPS Expected for Dominion Energy Midstream Partners LP (DM); Laffer Investments Has Cut Its Proctor & Gamble Co (PG) Holding

August 1, 2017 - By Dolores Ford

Analysts expect Dominion Energy Midstream Partners LP (NYSE:DM) to report $0.35 EPS on August, 2 before the open.They anticipate $0.07 EPS change or 25.00% from last quarter’s $0.28 EPS. DM’s profit would be $34.75M giving it 20.00 P/E if the $0.35 EPS is correct. After having $0.37 EPS previously, Dominion Energy Midstream Partners LP’s analysts see -5.41% EPS growth. The stock increased 1.82% or $0.5 during the last trading session, reaching $28. About shares traded. Dominion Energy Midstream Partners LP (NYSE:DM) has risen 2.59% since August 1, 2016 and is uptrending. It has underperformed by 14.11% the S&P500.

Laffer Investments decreased Proctor & Gamble Co (PG) stake by 82.21% reported in 2016Q4 SEC filing. Laffer Investments sold 51,246 shares as Proctor & Gamble Co (PG)’s stock declined 5.32%. The Laffer Investments holds 11,093 shares with $932,000 value, down from 62,339 last quarter. Proctor & Gamble Co now has $232.28 billion valuation. The stock increased 0.68% or $0.61 during the last trading session, reaching $90.82. About shares traded. Procter & Gamble Co (NYSE:PG) has risen 7.54% since August 1, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Dominion Energy Midstream Partners, LP, formerly Dominion Midstream Partners, LP, is a limited partnership. The company has market cap of $2.78 billion. The Firm is formed to grow a portfolio of natural gas terminaling, processing, storage, transportation and related assets. It has a 26.81 P/E ratio. The Company’s divisions include Dominion Energy, which consists of gas transportation, liquefied natural gas import and storage, and Corporate and Other.

Among 9 analysts covering Dominion Midstream Partners LP (NYSE:DM), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Dominion Midstream Partners LP had 18 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 2 by Mizuho. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, August 18. The stock of Dominion Energy Midstream Partners LP (NYSE:DM) has “Overweight” rating given on Thursday, August 4 by Barclays Capital. Zacks downgraded the stock to “Hold” rating in Thursday, August 6 report. The stock has “Buy” rating by DA Davidson on Thursday, July 23. RBC Capital Markets maintained it with “Outperform” rating and $41 target in Tuesday, November 3 report. Stifel Nicolaus upgraded Dominion Energy Midstream Partners LP (NYSE:DM) rating on Wednesday, September 14. Stifel Nicolaus has “Buy” rating and $29 target. Evercore maintained the stock with “Buy” rating in Thursday, January 5 report. Scotia Capital maintained the stock with “Buy” rating in Friday, April 28 report. The rating was initiated by Morgan Stanley on Thursday, February 25 with “Overweight”.

Investors sentiment increased to 1.42 in 2016 Q4. Its up 0.34, from 1.08 in 2016Q3. It increased, as 11 investors sold Dominion Energy Midstream Partners LP shares while 20 reduced holdings. 10 funds opened positions while 34 raised stakes. 33.61 million shares or 124.21% more from 14.99 million shares in 2016Q3 were reported. Janney Montgomery Scott Limited Liability Com reported 46,272 shares. A D Beadell Counsel reported 2.1% stake. Nelson Van Denburg & Campbell Wealth Management Grp Inc Ltd Limited Liability Company owns 325 shares. Moreover, Engy Income Prns Limited Liability Co has 0.77% invested in Dominion Energy Midstream Partners LP (NYSE:DM) for 1.37M shares. Salient Cap Limited Liability holds 0.31% of its portfolio in Dominion Energy Midstream Partners LP (NYSE:DM) for 547,632 shares. Signaturefd Ltd Liability has invested 0.05% in Dominion Energy Midstream Partners LP (NYSE:DM). 10,362 were reported by Linscomb & Williams. Atlantic Ltd Liability Corp has invested 0.04% in Dominion Energy Midstream Partners LP (NYSE:DM). Commonwealth Of Pennsylvania School Empls Retrmt holds 38,049 shares. Blackrock Invest Mgmt Lc invested in 0% or 48,359 shares. Citadel Advsrs Limited Liability Corporation reported 0% stake. Fincl Architects Inc reported 200 shares stake. Wells Fargo & Mn has 101,255 shares. Wills Fin owns 30,561 shares. Eagle Advisors Lc has 1.18M shares.

Laffer Investments increased Home Depot Inc (NYSE:HD) stake by 3,190 shares to 30,770 valued at $4.13M in 2016Q4. It also upped Unitedhealth Group Inc (NYSE:UNH) stake by 3,775 shares and now owns 23,771 shares. Lowe’s Cos Inc (NYSE:LOW) was raised too.

Investors sentiment decreased to 0.85 in 2016 Q4. Its down 0.03, from 0.88 in 2016Q3. It worsened, as 89 investors sold PG shares while 777 reduced holdings. 122 funds opened positions while 614 raised stakes. 1.48 billion shares or 15.87% less from 1.76 billion shares in 2016Q3 were reported. 9,573 were accumulated by Roosevelt Investment Incorporated. Ww Asset invested in 259,113 shares. Ibm Retirement Fund accumulated 241,017 shares. Lincoln Capital Ltd Limited Liability Company accumulated 0.74% or 12,364 shares. Moreover, Fil Ltd has 1.06% invested in Procter & Gamble Co (NYSE:PG). Princeton Portfolio Strategies Grp Ltd holds 0.86% or 32,381 shares in its portfolio. Bbr Partners Ltd Com reported 2,721 shares. 60,874 are owned by Bankshares Of The West. Panagora Asset Mgmt invested in 1.44% or 3.74M shares. Tremblant Capital Grp stated it has 2.46% in Procter & Gamble Co (NYSE:PG). Pub Sector Pension Board invested in 0.49% or 591,594 shares. 524,557 were reported by Commerzbank Aktiengesellschaft Fi. Ca has invested 0.19% of its portfolio in Procter & Gamble Co (NYSE:PG). Wellington Shields stated it has 0.59% of its portfolio in Procter & Gamble Co (NYSE:PG). Northside Cap Ltd Com reported 0.3% stake.

Analysts await Procter & Gamble Co (NYSE:PG) to report earnings on August, 2 before the open. They expect $0.78 EPS, down 1.27% or $0.01 from last year’s $0.79 per share. PG’s profit will be $1.99B for 29.11 P/E if the $0.78 EPS becomes a reality. After $0.96 actual EPS reported by Procter & Gamble Co for the previous quarter, Wall Street now forecasts -18.75% negative EPS growth.