Analysts See $0.56 EPS for Tallgrass Energy Partners, LP (TEP); Torray Has Trimmed By $1.05 Million Its Charles Schwab (SCHW) Position

The Charles Schwab Corporation (NYSE:SCHW) Logo

Torray Llc decreased Charles Schwab (SCHW) stake by 4.03% reported in 2018Q1 SEC filing. Torray Llc sold 20,180 shares as Charles Schwab (SCHW)’s stock rose 6.64%. The Torray Llc holds 480,028 shares with $25.07 million value, down from 500,208 last quarter. Charles Schwab now has $69.77B valuation. The stock decreased 0.37% or $0.19 during the last trading session, reaching $51.71. About 6.61 million shares traded or 4.45% up from the average. The Charles Schwab Corporation (NYSE:SCHW) has risen 45.39% since June 28, 2017 and is uptrending. It has outperformed by 32.82% the S&P500. Some Historical SCHW News: 16/04/2018 – Charles Schwab 1Q Net Interest Revenue $1.26B; 23/03/2018 – Schwab Intermediate-Term U.S. Treasury ETF Closes Above 50D-MA; 03/05/2018 – Charles Schwab Creates Digital Accelerator Hubs in Austin and San Francisco; 14/03/2018 – CHARLES SCHWAB CORP – AVERAGE INTEREST-EARNING ASSETS ON COMPANY’S BALANCE SHEET WERE $239.9 BLN IN FEB, UP 11% FROM FEB 2017; 14/03/2018 – CHARLES SCHWAB CORP – AVERAGE INTEREST-EARNING ASSETS ON COMPANY’S BALANCE SHEET WERE $239.9 BLN IN FEBRUARY, UP 11% FROM FEBRUARY 2017; 14/05/2018 – CHARLES SCHWAB CORP – CORE NET NEW ASSETS BROUGHT TO COMPANY BY NEW AND EXISTING CLIENTS IN APRIL 2018 TOTALED $9.9 BLN; 31/05/2018 – Charles Schwab Opens 50-Acre Campus in Austin Featuring Modern, Flexible and Open Concept Elements; 16/04/2018 – Charles Schwab 1Q EPS 55c; 14/03/2018 – SCHWAB FEB. TOTAL ASSETS $3.33 TRILLION, UP 15% Y/Y; 10/04/2018 – Schwab International Equity ETF Closes Above 50-Day MA

Analysts expect Tallgrass Energy Partners, LP (NYSE:TEP) to report $0.56 EPS on August, 1.They anticipate $0.16 EPS change or 22.22% from last quarter’s $0.72 EPS. TEP’s profit would be $41.46 million giving it 20.08 P/E if the $0.56 EPS is correct. After having $0.91 EPS previously, Tallgrass Energy Partners, LP’s analysts see -38.46% EPS growth. The stock decreased 2.53% or $1.17 during the last trading session, reaching $44.99. About 805,448 shares traded or 142.37% up from the average. Tallgrass Energy Partners, LP (NYSE:TEP) has declined 16.37% since June 28, 2017 and is downtrending. It has underperformed by 28.94% the S&P500. Some Historical TEP News: 03/05/2018 – Tallgrass Energy Partners 1Q EPS 91c; 19/04/2018 – Mobilise Technology to Provide Global Wi-Fi Service to Tep Wireless; 20/04/2018 – TALLGRASS ENERGY PARTNERS LP TEP.N : CAPITAL ONE SECURITIES CUTS TO EQUALWEIGHT FROM OVERWEIGHT; 17/04/2018 – FTC: 20181057: Tallgrass Energy GP, LP; Tallgrass Equity, LLC; 30/05/2018 – SNAM COMPLETES ACQUISITION OF ENERGY EFFICIENCY CO. TEP; 26/03/2018 – Tallgrass Energy Announces Agreement For Tallgrass Energy GP To Acquire Tallgrass Energy Partners; Announces Increased Quarterly Distributions At TEGP And TEP; 08/03/2018 NARA: Exhibit Opening: Tallgrass to Knee High; 20/04/2018 – Tallgrass Energy Honored by Colorado’s Top Workplaces for Fourth Consecutive Year; 03/05/2018 – TEP CEO SAYS CLOSING OF TEGP MERGER STILL ON TRACK FOR 2Q 2018; 03/05/2018 – Tallgrass Energy Partners 1Q Rev $179.1M

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.28, from 1.15 in 2017Q4. It turned negative, as 55 investors sold SCHW shares while 335 reduced holdings. 81 funds opened positions while 258 raised stakes. 1.05 billion shares or 0.48% less from 1.05 billion shares in 2017Q4 were reported. Mitsubishi Ufj Securities Holdings Company owns 0.05% invested in The Charles Schwab Corporation (NYSE:SCHW) for 260 shares. Cadinha & Limited Liability Corporation invested 0.35% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). 601,174 are owned by Aviva Pcl. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.12% or 56,430 shares in its portfolio. Riggs Asset Managment has invested 0.02% in The Charles Schwab Corporation (NYSE:SCHW). Wg Shaheen & Dba Whitney & reported 0.5% in The Charles Schwab Corporation (NYSE:SCHW). Neuberger Berman Grp Inc Limited Liability Corp owns 2.81 million shares or 0.17% of their US portfolio. Beck Mack Oliver Ltd Llc holds 0.01% or 5,098 shares. Louisiana State Employees Retirement invested in 73,200 shares. Adirondack Company holds 1,141 shares. Natixis reported 1.65M shares. Hartford Inv Mngmt, Connecticut-based fund reported 241,450 shares. Fiera Cap has invested 0.18% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Iberiabank Corporation has 36,917 shares. Boston Common Asset Mngmt Limited Company reported 0.17% stake.

Analysts await The Charles Schwab Corporation (NYSE:SCHW) to report earnings on July, 17. They expect $0.59 earnings per share, up 51.28% or $0.20 from last year’s $0.39 per share. SCHW’s profit will be $796.03M for 21.91 P/E if the $0.59 EPS becomes a reality. After $0.55 actual earnings per share reported by The Charles Schwab Corporation for the previous quarter, Wall Street now forecasts 7.27% EPS growth.

Torray Llc increased Aspen Technology (NASDAQ:AZPN) stake by 5,247 shares to 17,674 valued at $1.39 million in 2018Q1. It also upped Unitedhealth Group (NYSE:UNH) stake by 2,323 shares and now owns 39,402 shares. Verisk Analytics (NASDAQ:VRSK) was raised too.

Since January 18, 2018, it had 0 insider buys, and 41 selling transactions for $250.45 million activity. 2,629 shares were sold by Craig Jonathan M., worth $136,984 on Monday, April 16. MARTINETTO JOSEPH R had sold 280,685 shares worth $15.38 million. Shares for $727,580 were sold by Murtagh Nigel J on Friday, April 27. Another trade for 174,750 shares valued at $10.46M was sold by SCHWAB CHARLES R. $105,236 worth of stock was sold by Kallsen Terri R on Wednesday, February 7. 37,330 The Charles Schwab Corporation (NYSE:SCHW) shares with value of $2.13M were sold by Garfield David R. $5,629 worth of stock was sold by Chandoha Marie A on Monday, April 30.

Among 12 analysts covering Charles Schwab (NYSE:SCHW), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Charles Schwab had 27 analyst reports since January 3, 2018 according to SRatingsIntel. Citigroup downgraded the shares of SCHW in report on Monday, January 22 to “Neutral” rating. Citigroup downgraded The Charles Schwab Corporation (NYSE:SCHW) on Friday, January 19 to “Hold” rating. The firm has “Outperform” rating given on Wednesday, February 7 by Credit Suisse. On Wednesday, January 17 the stock rating was maintained by Sandler O’Neill with “Buy”. The company was maintained on Friday, April 20 by Jefferies. The stock has “Hold” rating by Credit Suisse on Thursday, June 21. Jefferies maintained the stock with “Buy” rating in Monday, January 8 report. Keefe Bruyette & Woods maintained it with “Buy” rating and $60.0 target in Tuesday, February 6 report. Deutsche Bank maintained the shares of SCHW in report on Tuesday, April 17 with “Hold” rating. Credit Suisse maintained the shares of SCHW in report on Wednesday, April 11 with “Buy” rating.

Among 9 analysts covering Tallgrass Energy (NYSE:TEP), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Tallgrass Energy had 21 analyst reports since January 2, 2018 according to SRatingsIntel. Morgan Stanley maintained it with “Equal-Weight” rating and $42 target in Wednesday, March 28 report. Robert W. Baird maintained the shares of TEP in report on Thursday, February 8 with “Buy” rating. The rating was maintained by Robert W. Baird with “Buy” on Thursday, February 15. Stifel Nicolaus maintained Tallgrass Energy Partners, LP (NYSE:TEP) on Wednesday, February 14 with “Buy” rating. The firm has “Buy” rating by Scotia Capital given on Monday, January 29. On Tuesday, March 27 the stock rating was maintained by Citigroup with “Buy”. The firm has “Buy” rating by Scotia Capital given on Wednesday, February 14. The rating was downgraded by Stifel Nicolaus to “Hold” on Wednesday, March 28. The rating was downgraded by U.S. Capital Advisors to “Hold” on Thursday, January 4. The stock of Tallgrass Energy Partners, LP (NYSE:TEP) has “Buy” rating given on Tuesday, January 2 by Stifel Nicolaus.

Investors sentiment decreased to 0.77 in Q1 2018. Its down 0.34, from 1.11 in 2017Q4. It dropped, as 26 investors sold Tallgrass Energy Partners, LP shares while 39 reduced holdings. 17 funds opened positions while 33 raised stakes. 40.42 million shares or 5.47% less from 42.76 million shares in 2017Q4 were reported. Groesbeck Management Nj reported 54,174 shares stake. Umb National Bank N A Mo holds 0.01% or 5,450 shares. Oakworth Cap invested in 342 shares. Koch Industry accumulated 5,838 shares. First Manhattan holds 3,726 shares or 0% of its portfolio. Raymond James & Associate invested in 73,395 shares. Guardian Cap L P owns 12,000 shares for 0.01% of their portfolio. Northwestern Mutual Wealth Management stated it has 0% in Tallgrass Energy Partners, LP (NYSE:TEP). Oz Mngmt Limited Partnership stated it has 63,500 shares. Bank Of Montreal Can owns 41,459 shares. 59,204 are held by Deutsche Fincl Bank Ag. Barclays Public Limited Co reported 34,042 shares. Rr Advsrs Limited Liability invested in 669,000 shares or 2.65% of the stock. 914 are held by Stratos Wealth Ltd. Botty reported 0.01% of its portfolio in Tallgrass Energy Partners, LP (NYSE:TEP).

More important recent Tallgrass Energy Partners, LP (NYSE:TEP) news were published by: Seekingalpha.com which released: “Midstream Eases Higher” on June 25, 2018, also Prnewswire.com published article titled: “Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® 30 MLP Index”, Prnewswire.com published: “Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® Transportation …” on June 19, 2018. More interesting news about Tallgrass Energy Partners, LP (NYSE:TEP) was released by: Globenewswire.com and their article: “New Research Coverage Highlights Haverty Furniture Companies, Armstrong Flooring, VASCO Data Security …” with publication date: May 30, 2018.

Tallgrass Energy Partners, LP (NYSE:TEP) Institutional Positions Chart