U.S. Capital Wealth Advisors LLC Invests $220,000 in Pembina Pipeline Co. (NYSE:PBA)

U.S. Capital Wealth Advisors LLC bought a new position in shares of Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,396 shares of the pipeline company’s stock, valued at approximately $220,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Pembina Pipeline by 340.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,640,000 shares of the pipeline company’s stock valued at $79,412,000 after purchasing an additional 2,040,000 shares during the period. Mackenzie Financial Corp boosted its stake in Pembina Pipeline by 5.7% in the 4th quarter. Mackenzie Financial Corp now owns 12,652,115 shares of the pipeline company’s stock valued at $435,812,000 after purchasing an additional 680,945 shares during the period. Toronto Dominion Bank boosted its stake in Pembina Pipeline by 8.3% in the 3rd quarter. Toronto Dominion Bank now owns 7,699,608 shares of the pipeline company’s stock valued at $231,450,000 after purchasing an additional 593,061 shares during the period. Triasima Portfolio Management inc. bought a new stake in Pembina Pipeline in the 4th quarter valued at $17,285,000. Finally, Duff & Phelps Investment Management Co. boosted its stake in Pembina Pipeline by 44.9% in the 4th quarter. Duff & Phelps Investment Management Co. now owns 1,556,638 shares of the pipeline company’s stock valued at $53,850,000 after purchasing an additional 482,067 shares during the period. 55.37% of the stock is currently owned by institutional investors.

Pembina Pipeline Price Performance

Pembina Pipeline stock opened at $36.47 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.71 and a current ratio of 0.82. Pembina Pipeline Co. has a 52 week low of $28.15 and a 52 week high of $36.55. The stock has a market capitalization of $21.13 billion, a P/E ratio of 16.50, a price-to-earnings-growth ratio of 5.28 and a beta of 1.20. The stock has a fifty day moving average of $35.20 and a 200-day moving average of $34.02.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last posted its quarterly earnings results on Thursday, February 22nd. The pipeline company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.34. Pembina Pipeline had a return on equity of 13.11% and a net margin of 19.43%. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.83 billion. On average, sell-side analysts expect that Pembina Pipeline Co. will post 2.24 earnings per share for the current fiscal year.

Pembina Pipeline Increases Dividend

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

Analyst Upgrades and Downgrades

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