Castleton Investment Management LLC raised its stake in Oasis Midstream Partners LP (NYSE:OMP) by 25.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 50,000 shares of the company’s stock after acquiring an additional 10,000 shares during the period. Castleton Investment Management LLC’s holdings in Oasis Midstream Partners were worth $872,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently added to or reduced their stakes in the business. Salem Investment Counselors Inc. bought a new position in Oasis Midstream Partners in the 3rd quarter valued at about $187,000. EJF Capital LLC bought a new position in Oasis Midstream Partners in the 3rd quarter valued at about $254,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Oasis Midstream Partners in the 3rd quarter valued at about $1,165,000. Center Coast Capital Advisors LP bought a new position in Oasis Midstream Partners in the 3rd quarter valued at about $1,357,000. Finally, BlackRock Inc. bought a new position in Oasis Midstream Partners in the 4th quarter valued at about $1,519,000. 25.34% of the stock is currently owned by hedge funds and other institutional investors.
OMP has been the topic of several research analyst reports. Credit Suisse Group initiated coverage on shares of Oasis Midstream Partners in a report on Friday, January 5th. They issued a “neutral” rating and a $19.00 price target on the stock. Zacks Investment Research cut shares of Oasis Midstream Partners from a “hold” rating to a “sell” rating in a report on Wednesday, January 17th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $21.50.
The firm also recently announced a special dividend, which was paid on Monday, February 26th. Stockholders of record on Friday, February 16th were issued a dividend of $0.0245 per share. The ex-dividend date was Thursday, February 15th. This represents a dividend yield of 0.00131437768240343%.
TRADEMARK VIOLATION NOTICE: “Oasis Midstream Partners LP (OMP) Shares Bought by Castleton Investment Management LLC” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/3252655/oasis-midstream-partners-lp-omp-shares-bought-by-castleton-investment-management-llc.html.
Oasis Midstream Partners Company Profile
Oasis Midstream Partners LP is a master limited partnership company. The Company is formed to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations exclusively within the Williston Basin. The Company’s midstream services include gas gathering, compression, processing and gas lift services; crude gathering, stabilization, blending, storage and transportation services; produced water gathering and disposal services; and freshwater distribution services.
Want to see what other hedge funds are holding OMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oasis Midstream Partners LP (NYSE:OMP).
Receive News & Ratings for Oasis Midstream Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oasis Midstream Partners and related companies with MarketBeat.com's FREE daily email newsletter.