Aerohive Networks, Inc. (HIVE) Reaches $4.04 After 4.00% Up Move; Buckeye Partners, L.P. (BPL) Covered By 5 Bulls

Buckeye Partners, L.P. (NYSE:BPL) Logo

Among 17 analysts covering Buckeye Partners (NYSE:BPL), 5 have Buy rating, 1 Sell and 11 Hold. Therefore 29% are positive. Buckeye Partners had 55 analyst reports since August 4, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Equal-Weight” rating and $55 target in Monday, February 12 report. Stifel Nicolaus maintained Buckeye Partners, L.P. (NYSE:BPL) rating on Wednesday, September 20. Stifel Nicolaus has “Buy” rating and $68.0 target. As per Monday, February 12, the company rating was maintained by Guggenheim. Stifel Nicolaus maintained Buckeye Partners, L.P. (NYSE:BPL) on Monday, November 6 with “Buy” rating. Goldman Sachs initiated it with “Neutral” rating and $78 target in Thursday, August 25 report. Stifel Nicolaus maintained the shares of BPL in report on Monday, November 2 with “Buy” rating. RBC Capital Markets maintained the stock with “Hold” rating in Monday, August 7 report. The company was maintained on Tuesday, October 10 by Wells Fargo. The rating was downgraded by Morgan Stanley on Friday, March 23 to “Equal-Weight”. The firm has “Hold” rating given on Sunday, July 30 by RBC Capital Markets. See Buckeye Partners, L.P. (NYSE:BPL) latest ratings:

27/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $60 New Target: $55 Maintain
23/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
13/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $56 New Target: $50 Maintain
06/03/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $55 New Target: $52 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $64 New Target: $55 Maintain
14/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $55.0 Maintain
12/02/2018 Broker: Guggenheim Rating: Hold Maintain
12/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $58 New Target: $55 Maintain
11/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $56.0 Maintain
09/02/2018 Broker: Mizuho Rating: Hold New Target: $55.0 Maintain

The stock of Aerohive Networks, Inc. (NYSE:HIVE) is a huge mover today! The stock increased 5.21% or $0.2 during the last trading session, reaching $4.04. About 280,131 shares traded. Aerohive Networks, Inc. (NYSE:HIVE) has declined 6.54% since March 31, 2017 and is downtrending. It has underperformed by 18.09% the S&P500.The move comes after 7 months positive chart setup for the $218.89M company. It was reported on Mar, 31 by Barchart.com. We have $4.20 PT which if reached, will make NYSE:HIVE worth $8.76M more.

Among 9 analysts covering Aerohive Networks (NYSE:HIVE), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Aerohive Networks had 14 analyst reports since August 6, 2015 according to SRatingsIntel. Craig Hallum initiated Aerohive Networks, Inc. (NYSE:HIVE) rating on Tuesday, October 17. Craig Hallum has “Buy” rating and $6.0 target. The stock of Aerohive Networks, Inc. (NYSE:HIVE) has “Buy” rating given on Wednesday, August 26 by Bank of America. DA Davidson initiated Aerohive Networks, Inc. (NYSE:HIVE) rating on Friday, December 16. DA Davidson has “Buy” rating and $10 target. Buckingham Research maintained the stock with “Buy” rating in Thursday, February 4 report. The firm has “Mkt Perform” rating by JMP Securities given on Monday, February 6. As per Friday, October 14, the company rating was downgraded by Buckingham Research. The stock of Aerohive Networks, Inc. (NYSE:HIVE) earned “Buy” rating by Dougherty & Company on Thursday, August 6. Wunderlich initiated it with “Buy” rating and $8 target in Wednesday, June 8 report. As per Friday, May 5, the company rating was upgraded by Wunderlich. The stock has “Hold” rating by Wunderlich on Friday, October 14.

Aerohive Networks, Inc., together with its subsidiaries, creates and develops cloud networking and enterprise Wi-Fi solutions in Americas, Europe, the Middle East and Africa, and the Asia Pacific. The company has market cap of $218.89 million. The firm provides hardware products, such as wireless access points, branch routers, and switches; tiered maintenance and support services comprising technical support, bug fixes, access to priority hardware replacement service, and unspecified upgrades; and Software as a Service subscriptions, including comparable maintenance and support services. It currently has negative earnings. The Company’s cloud product comprises HiveManager, a network management application; and Mobility Suite, which includes guest access, personal device access, ID manager, and social login applications.

Investors sentiment increased to 2.15 in Q4 2017. Its up 0.71, from 1.44 in 2017Q3. It is positive, as 9 investors sold Aerohive Networks, Inc. shares while 17 reduced holdings. 28 funds opened positions while 28 raised stakes. 21.23 million shares or 25.23% more from 16.95 million shares in 2017Q3 were reported. Invesco Ltd invested 0% of its portfolio in Aerohive Networks, Inc. (NYSE:HIVE). Cubist Systematic Strategies invested in 15,583 shares or 0% of the stock. Old Second Fincl Bank Of Aurora holds 0.01% or 4,673 shares in its portfolio. Barclays Public Ltd Com holds 9,730 shares. 109,736 are held by Schwab Charles Invest Mngmt Incorporated. The Maryland-based Price T Rowe Assoc Md has invested 0% in Aerohive Networks, Inc. (NYSE:HIVE). Gru One Trading Ltd Partnership stated it has 16,256 shares or 0% of all its holdings. Stoneridge Invest Prtn Lc reported 0.01% stake. Bnp Paribas Arbitrage accumulated 6,777 shares. Nj State Employees Deferred Compensation Plan has invested 0.07% in Aerohive Networks, Inc. (NYSE:HIVE). Qs Limited Company reported 0% stake. Blackrock holds 0% or 2.05 million shares in its portfolio. Wells Fargo And Com Mn holds 0% or 39,872 shares in its portfolio. Menta Capital Ltd accumulated 0.16% or 145,131 shares. Morgan Stanley reported 278,343 shares or 0% of all its holdings.

Analysts await Aerohive Networks, Inc. (NYSE:HIVE) to report earnings on May, 2. They expect $-0.14 earnings per share, 0.00% or $0.00 from last year’s $-0.14 per share. After $-0.06 actual earnings per share reported by Aerohive Networks, Inc. for the previous quarter, Wall Street now forecasts 133.33% negative EPS growth.

The stock decreased 1.53% or $0.58 during the last trading session, reaching $37.39. About 1.43 million shares traded or 51.69% up from the average. Buckeye Partners, L.P. (NYSE:BPL) has declined 43.06% since March 31, 2017 and is downtrending. It has underperformed by 54.61% the S&P500.

Buckeye Partners, L.P. owns and operates liquid petroleum products pipelines in the United States. The company has market cap of $5.49 billion. The firm operates through three divisions: Domestic Pipelines & Terminals, Global Marine Terminals, and Merchant Services. It has a 11.26 P/E ratio. The Domestic Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, diesel fuel, heating oil, and kerosene; refined petroleum products, such as propane and butane, refinery feedstock, and blending components; and crude oil.

Investors sentiment decreased to 0.57 in 2017 Q4. Its down 0.43, from 1 in 2017Q3. It worsened, as 48 investors sold Buckeye Partners, L.P. shares while 116 reduced holdings. 29 funds opened positions while 65 raised stakes. 98.68 million shares or 1.84% more from 96.89 million shares in 2017Q3 were reported. Botty Limited Liability Company holds 0.11% or 7,325 shares. Cibc Asset Mngmt has 0% invested in Buckeye Partners, L.P. (NYSE:BPL) for 4,691 shares. First Manhattan owns 16,500 shares. Jpmorgan Chase & invested in 3.15M shares or 0.03% of the stock. Asset Mgmt reported 4,434 shares. Bridges Invest Counsel accumulated 0.49% or 17,758 shares. Captrust Advisors holds 3,220 shares or 0.01% of its portfolio. Moreover, Private Advisor Group Inc Incorporated Ltd Co has 0.02% invested in Buckeye Partners, L.P. (NYSE:BPL). California Employees Retirement has invested 0.02% in Buckeye Partners, L.P. (NYSE:BPL). Ftb Advsr Inc holds 815 shares. New Jersey-based Raab Moskowitz Asset Management Limited has invested 0.22% in Buckeye Partners, L.P. (NYSE:BPL). 5,355 are owned by Usca Ria Ltd Liability Company. Nelson Van Denburg And Campbell Wealth Management Group Inc Ltd Liability reported 6,415 shares. Country Tru Savings Bank stated it has 600 shares or 0% of all its holdings. Wealthtrust Axiom Ltd holds 8,600 shares.

Since March 9, 2018, it had 1 buying transaction, and 1 sale for $445,244 activity. 1,000 shares were bought by McKinley Mark C., worth $38,463. Sauger Joseph also sold $483,707 worth of Buckeye Partners, L.P. (NYSE:BPL) shares.

Aerohive Networks, Inc. (NYSE:HIVE) Institutional Positions Chart