Viking Fund Management Cut By $7.57 Million Its Semgroup (SEMG) Stake; 5 Analysts Are Bullish TAL Education Group (ADR) (TAL) Last Week

October 13, 2017 - By Dolores Ford

Viking Fund Management Llc decreased Semgroup Corp (SEMG) stake by 60.5% reported in 2017Q2 SEC filing. Viking Fund Management Llc sold 280,500 shares as Semgroup Corp (SEMG)’s stock declined 17.35%. The Viking Fund Management Llc holds 183,100 shares with $4.94M value, down from 463,600 last quarter. Semgroup Corp now has $2.27B valuation. It closed at $28.8 lastly. It is down 7.33% since October 13, 2016 and is uptrending. It has underperformed by 9.37% the S&P500.

Among 11 analysts covering Tal International Group Inc. (NYSE:TAL), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Tal International Group Inc. had 26 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of TAL Education Group (ADR) (NYSE:TAL) earned “Buy” rating by Benchmark on Wednesday, April 19. RBC Capital Markets maintained TAL Education Group (ADR) (NYSE:TAL) on Friday, July 31 with “Sector Perform” rating. The stock of TAL Education Group (ADR) (NYSE:TAL) earned “Buy” rating by Bank of America on Tuesday, January 24. The stock of TAL Education Group (ADR) (NYSE:TAL) has “Market Perform” rating given on Thursday, October 29 by Cowen & Co. Morgan Stanley initiated TAL Education Group (ADR) (NYSE:TAL) on Friday, August 25 with “Buy” rating. As per Thursday, February 25, the company rating was maintained by Credit Suisse. Bank of America upgraded the shares of TAL in report on Monday, November 16 to “Neutral” rating. Jefferies maintained it with “Buy” rating and $13600 target in Thursday, July 13 report. As per Friday, September 11, the company rating was maintained by Bank of America. Cowen & Co maintained TAL Education Group (ADR) (NYSE:TAL) on Friday, July 31 with “Market Perform” rating. See TAL Education Group (ADR) (NYSE:TAL) latest ratings:

25/09/2017 Broker: Bank of America Rating: Buy Old Target: $29.1 New Target: $40.3 Maintain
28/08/2017 Broker: Jefferies Rating: Buy Old Target: $29.33 New Target: $35 Maintain
25/08/2017 Broker: Morgan Stanley Rating: Buy New Target: $37.0 Initiate
18/08/2017 Broker: Bank of America Rating: Underperform Old Target: $136 New Target: $174.5 Maintain
18/07/2017 Broker: Citigroup Rating: Hold New Target: $150.0000 Initiate
18/07/2017 Broker: each representing 2 Class A common shares Rating: Citigroup 150
13/07/2017 Broker: Jefferies Rating: Buy New Target: $136.0000 Maintain
28/04/2017 Broker: Benchmark Rating: Buy New Target: $137.00 Maintain
19/04/2017 Broker: Benchmark Rating: Buy New Target: $135.00 Maintain
19/04/2017 Broker: Jefferies Rating: Buy Maintain

It closed at $34.78 lastly. It is down 131.08% since October 13, 2016 and is uptrending. It has outperformed by 114.38% the S&P500.

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China . The company has market cap of $17.37 billion. The Firm is a K-12 after-school tutoring services well-known provider in China. It has a 827.11 P/E ratio. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

Investors sentiment increased to 1.11 in Q2 2017. Its up 0.10, from 1.01 in 2017Q1. It improved, as 38 investors sold SEMG shares while 42 reduced holdings. 23 funds opened positions while 66 raised stakes. 69.13 million shares or 0.59% more from 68.73 million shares in 2017Q1 were reported. Kayne Anderson Cap Advsr LP holds 0.42% or 1.36M shares. Ubs Asset Management Americas owns 33,690 shares. Pinnacle Limited Liability, a Oklahoma-based fund reported 2,407 shares. Bamco Inc New York has 46,900 shares. Price T Rowe Assocs Md owns 21,288 shares or 0% of their US portfolio. Nationwide Fund Advsrs owns 103,099 shares or 0.01% of their US portfolio. Teachers Retirement Sys Of The State Of Kentucky reported 20,355 shares stake. Harvest Fund Advisors Ltd holds 1.65% in SemGroup Corp (NYSE:SEMG) or 5.93 million shares. Massachusetts Financial Service Ma invested in 887,600 shares or 0.01% of the stock. 175,365 were accumulated by Millennium Mngmt Ltd Com. Grp One Trading Limited Partnership owns 2,008 shares for 0% of their portfolio. Bluecrest Capital Mngmt Limited owns 67,592 shares or 0.07% of their US portfolio. First Eagle Invest Management Ltd Liability stated it has 459,123 shares. Miller Howard Investments Ny owns 10,871 shares for 0.01% of their portfolio. Indexiq Advsr Limited Liability has 1,819 shares for 0% of their portfolio.

Analysts await SemGroup Corp (NYSE:SEMG) to report earnings on November, 6. They expect $0.45 EPS, up 309.09% or $0.34 from last year’s $0.11 per share. SEMG’s profit will be $35.47 million for 16.00 P/E if the $0.45 EPS becomes a reality. After $0.15 actual EPS reported by SemGroup Corp for the previous quarter, Wall Street now forecasts 200.00% EPS growth.

Viking Fund Management Llc increased Pioneer Natural (NYSE:PXD) stake by 16,000 shares to 121,000 valued at $19.31 million in 2017Q2. It also upped Keane Group Inc stake by 70,000 shares and now owns 430,000 shares. Johnson&Johnson (NYSE:JNJ) was raised too.

Among 8 analysts covering SemGroup (NYSE:SEMG), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. SemGroup had 22 analyst reports since August 10, 2015 according to SRatingsIntel. On Thursday, September 10 the stock rating was initiated by Raymond James with “Outperform”. The firm has “Outperform” rating given on Monday, August 10 by RBC Capital Markets. The stock of SemGroup Corp (NYSE:SEMG) has “Neutral” rating given on Thursday, November 3 by Citigroup. The company was initiated on Tuesday, December 15 by Citigroup. RBC Capital Markets maintained SemGroup Corp (NYSE:SEMG) rating on Sunday, August 27. RBC Capital Markets has “Buy” rating and $33.0 target. The firm has “Buy” rating given on Sunday, July 23 by RBC Capital Markets. The stock of SemGroup Corp (NYSE:SEMG) earned “Outperform” rating by Wells Fargo on Monday, December 7. As per Thursday, August 25, the company rating was initiated by Goldman Sachs. The company was maintained on Sunday, October 1 by RBC Capital Markets. The stock has “Neutral” rating by Citigroup on Friday, April 8.

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