U.S. Capital Wealth Advisors LLC Acquires Shares of 6,396 Pembina Pipeline Co. (NYSE:PBA)

U.S. Capital Wealth Advisors LLC acquired a new stake in Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,396 shares of the pipeline company’s stock, valued at approximately $220,000.

Other large investors also recently modified their holdings of the company. Baystate Wealth Management LLC acquired a new stake in Pembina Pipeline during the 4th quarter worth $34,000. First Horizon Advisors Inc. increased its position in shares of Pembina Pipeline by 303.7% during the fourth quarter. First Horizon Advisors Inc. now owns 1,518 shares of the pipeline company’s stock worth $52,000 after purchasing an additional 1,142 shares in the last quarter. Massmutual Trust Co. FSB ADV lifted its holdings in shares of Pembina Pipeline by 22.6% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 1,786 shares of the pipeline company’s stock valued at $61,000 after purchasing an additional 329 shares during the last quarter. Rational Advisors LLC acquired a new stake in shares of Pembina Pipeline in the 3rd quarter valued at about $59,000. Finally, Pacifica Partners Inc. grew its stake in Pembina Pipeline by 159.0% during the 4th quarter. Pacifica Partners Inc. now owns 2,020 shares of the pipeline company’s stock worth $68,000 after buying an additional 1,240 shares during the last quarter. 55.37% of the stock is owned by hedge funds and other institutional investors.

Pembina Pipeline Trading Up 1.2 %

NYSE:PBA opened at $36.47 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 0.72. The stock’s 50 day simple moving average is $35.20 and its 200-day simple moving average is $34.02. Pembina Pipeline Co. has a 12-month low of $28.15 and a 12-month high of $36.55. The firm has a market cap of $21.13 billion, a P/E ratio of 16.50, a PEG ratio of 5.28 and a beta of 1.20.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last released its earnings results on Thursday, February 22nd. The pipeline company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.55 by $0.34. Pembina Pipeline had a net margin of 19.43% and a return on equity of 13.11%. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Equities analysts anticipate that Pembina Pipeline Co. will post 2.24 EPS for the current year.

Pembina Pipeline Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a dividend of $0.4944 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 5.42%. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.48. The ex-dividend date was Thursday, March 14th. Pembina Pipeline’s payout ratio is 88.69%.

Analyst Upgrades and Downgrades

PBA has been the subject of a number of research reports. CIBC boosted their price objective on Pembina Pipeline from $56.00 to $57.00 and gave the company an “outperformer” rating in a research note on Friday, April 19th. StockNews.com raised shares of Pembina Pipeline from a “hold” rating to a “buy” rating in a report on Friday, April 12th. Finally, TheStreet raised shares of Pembina Pipeline from a “c” rating to a “b-” rating in a research report on Thursday, February 29th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $52.00.

Pembina Pipeline Company Profile

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.