Boardwalk Pipeline Partners, LP (BWP) Forms $13.49 Double Bottom; Silgan Holdings Has 1.32 Sentiment

Silgan Holdings Inc., together with its subsidiaries, makes and sells rigid packaging for shelf-stable food and other consumer goods products worldwide. The company has market cap of $3.13 billion. It operates through three divisions: Metal Containers, Closures, and Plastic Containers. It has a 21.71 P/E ratio. The Metal Containers segment makes and sells steel and aluminum containers for food products, such as soups, vegetables, fruits, meat, tomato based products, seafood, coffee, adult nutritional drinks, pet food, and other miscellaneous food products, as well as general line metal containers primarily for chemicals.

Boardwalk Pipeline Partners, LP (BWP) formed double bottom with $12.82 target or 5.00% below today’s $13.49 share price. Boardwalk Pipeline Partners, LP (BWP) has $3.38 billion valuation. The stock decreased 1.03% or $0.14 during the last trading session, reaching $13.49. About 1.43M shares traded. Boardwalk Pipeline Partners, LP (NYSE:BWP) has risen 11.68% since January 18, 2017 and is uptrending. It has underperformed by 5.02% the S&P500.

The stock decreased 3.35% or $0.98 during the last trading session, reaching $28.31. About 1.04 million shares traded or 134.36% up from the average. Silgan Holdings Inc. (SLGN) has risen 26.81% since January 18, 2017 and is uptrending. It has outperformed by 10.11% the S&P500.

Cardinal Capital Management Llc Ct holds 3.05% of its portfolio in Silgan Holdings Inc. for 2.51 million shares. Jlb & Associates Inc owns 197,342 shares or 1.42% of their US portfolio. Moreover, Three Peaks Capital Management Llc has 1.24% invested in the company for 284,277 shares. The Ohio-based Shoker Investment Counsel Inc. has invested 0.74% in the stock. Eagle Boston Investment Management Inc, a Massachusetts-based fund reported 222,364 shares.

Analysts await Silgan Holdings Inc. (NASDAQ:SLGN) to report earnings on January, 30. They expect $0.32 earnings per share, up 33.33% or $0.08 from last year’s $0.24 per share. SLGN’s profit will be $35.32M for 22.12 P/E if the $0.32 EPS becomes a reality. After $0.66 actual earnings per share reported by Silgan Holdings Inc. for the previous quarter, Wall Street now forecasts -51.52% negative EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 3 insider sales for $597,356 activity.

Among 9 analysts covering Boardwalk Pipeline Partners (NYSE:BWP), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Boardwalk Pipeline Partners has $24 highest and $15.0 lowest target. $17.13’s average target is 26.98% above currents $13.49 stock price. Boardwalk Pipeline Partners had 19 analyst reports since August 13, 2015 according to SRatingsIntel. As per Tuesday, August 2, the company rating was maintained by Barclays Capital. The firm has “Neutral” rating given on Thursday, July 21 by Ladenburg Thalmann. Barclays Capital upgraded the stock to “Equal-Weight” rating in Wednesday, January 17 report. The firm has “Hold” rating by RBC Capital Markets given on Monday, October 9. The firm has “Hold” rating given on Tuesday, January 16 by RBC Capital Markets. The company was maintained on Monday, June 5 by RBC Capital Markets. The rating was initiated by Goldman Sachs with “Sell” on Friday, November 17. The firm has “Sector Perform” rating given on Tuesday, August 1 by RBC Capital Markets. RBC Capital Markets maintained it with “Outperform” rating and $21 target in Tuesday, February 7 report. The firm earned “Neutral” rating on Thursday, September 29 by Janney Capital.

Investors sentiment decreased to 0.94 in Q3 2017. Its down 0.05, from 0.99 in 2017Q2. It turned negative, as 20 investors sold Boardwalk Pipeline Partners, LP shares while 48 reduced holdings. 21 funds opened positions while 43 raised stakes. 231.22 million shares or 2.65% more from 225.25 million shares in 2017Q2 were reported. Royal Bank & Trust Of Canada reported 451,278 shares. Perigon Wealth Mngmt Lc owns 280 shares. 32,000 were accumulated by Hussman Strategic Advisors. Prtn Gru Holdings Ag, Switzerland-based fund reported 66,000 shares. Atlantic Trust Gru Ltd has 0.27% invested in Boardwalk Pipeline Partners, LP (NYSE:BWP). 134,992 are owned by Mraz Amerine And Associate. Magnetar Limited Liability holds 0.23% in Boardwalk Pipeline Partners, LP (NYSE:BWP) or 701,676 shares. Virtu Lc holds 38,885 shares or 0.06% of its portfolio. Moreover, California Employees Retirement has 0.01% invested in Boardwalk Pipeline Partners, LP (NYSE:BWP) for 238,963 shares. Ngam Advsrs L P has invested 0% in Boardwalk Pipeline Partners, LP (NYSE:BWP). Blackhill Cap reported 10,000 shares. Harvest Fund Advisors Ltd Llc stated it has 9.86M shares. Fmr Ltd Liability Company accumulated 12.78M shares or 0.02% of the stock. Gsa Partners Llp reported 37,988 shares. Sg Americas Llc invested in 155,345 shares or 0.02% of the stock.