Martin Midstream Partners L.P. (MMLP) Forms $13.95 Double Bottom; Osmium Partners Lifted Tucows (TCX) Holding By $18.09 Million

Tucows Inc. (NASDAQ:TCX) Logo

Martin Midstream Partners L.P. (MMLP) formed double bottom with $12.83 target or 8.00% below today’s $13.95 share price. Martin Midstream Partners L.P. (MMLP) has $536.04 million valuation. The stock decreased 0.36% or $0.05 during the last trading session, reaching $13.95. About 101,690 shares traded. Martin Midstream Partners L.P. (NASDAQ:MMLP) has declined 27.30% since April 14, 2017 and is downtrending. It has underperformed by 38.85% the S&P500.

Osmium Partners Llc increased Tucows Inc (TCX) stake by 355.46% reported in 2017Q4 SEC filing. Osmium Partners Llc acquired 258,420 shares as Tucows Inc (TCX)’s stock declined 18.15%. The Osmium Partners Llc holds 331,120 shares with $23.20M value, up from 72,700 last quarter. Tucows Inc now has $614.70 million valuation. The stock decreased 0.26% or $0.15 during the last trading session, reaching $58.05. About 35,733 shares traded. Tucows Inc. (NASDAQ:TCX) has risen 12.08% since April 14, 2017 and is uptrending. It has outperformed by 0.53% the S&P500.

Since December 15, 2017, it had 0 insider buys, and 3 sales for $579,098 activity. The insider Woroch David John sold $113,108. Ralls Rawleigh Hazen IV sold 6,772 shares worth $434,045. $31,945 worth of Tucows Inc. (NASDAQ:TCX) was sold by Stocks Jody on Friday, December 15.

Investors sentiment decreased to 1.44 in Q4 2017. Its down 0.27, from 1.71 in 2017Q3. It dropped, as 9 investors sold TCX shares while 18 reduced holdings. 13 funds opened positions while 26 raised stakes. 5.38 million shares or 3.00% less from 5.55 million shares in 2017Q3 were reported. Barclays Public Limited Liability Corporation invested in 0% or 12,461 shares. Wells Fargo And Company Mn holds 0% of its portfolio in Tucows Inc. (NASDAQ:TCX) for 25,501 shares. The Maryland-based Marathon has invested 0.36% in Tucows Inc. (NASDAQ:TCX). California State Teachers Retirement Sys stated it has 14,337 shares. Parallax Volatility Advisers Lp reported 0% in Tucows Inc. (NASDAQ:TCX). Td Asset Management holds 7,899 shares or 0% of its portfolio. Da Davidson & stated it has 0.01% of its portfolio in Tucows Inc. (NASDAQ:TCX). Advisory Serv Ntwk Ltd, a Georgia-based fund reported 79 shares. Pembroke Mgmt Limited invested 3.32% in Tucows Inc. (NASDAQ:TCX). Amer International Group Inc has invested 0% of its portfolio in Tucows Inc. (NASDAQ:TCX). Northwestern Mutual Wealth Mgmt Company has invested 0% of its portfolio in Tucows Inc. (NASDAQ:TCX). Aqr Capital Management Limited Liability Corp owns 9,814 shares for 0% of their portfolio. Boothbay Fund Management Limited Liability Corp holds 0.08% or 7,806 shares. State Street Corp owns 155,910 shares. 129,056 are held by Wasatch Advsrs.

Analysts await Martin Midstream Partners L.P. (NASDAQ:MMLP) to report earnings on April, 25. They expect $0.41 EPS, up 13.89% or $0.05 from last year’s $0.36 per share. MMLP’s profit will be $15.75M for 8.51 P/E if the $0.41 EPS becomes a reality. After $0.48 actual EPS reported by Martin Midstream Partners L.P. for the previous quarter, Wall Street now forecasts -14.58% negative EPS growth.

Among 6 analysts covering Martin Midstream Partners LP (NASDAQ:MMLP), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Martin Midstream Partners LP has $34 highest and $15 lowest target. $17.67’s average target is 26.67% above currents $13.95 stock price. Martin Midstream Partners LP had 19 analyst reports since September 21, 2015 according to SRatingsIntel. The stock of Martin Midstream Partners L.P. (NASDAQ:MMLP) earned “Neutral” rating by Janney Capital on Friday, September 16. The rating was maintained by Robert W. Baird on Tuesday, August 22 with “Hold”. The rating was initiated by FBR Capital on Monday, December 18 with “Buy”. The rating was maintained by Robert W. Baird on Thursday, March 8 with “Neutral”. On Thursday, September 14 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock of Martin Midstream Partners L.P. (NASDAQ:MMLP) has “Outperform” rating given on Friday, September 9 by FBR Capital. FBR Capital maintained the shares of MMLP in report on Friday, October 28 with “Outperform” rating. The stock of Martin Midstream Partners L.P. (NASDAQ:MMLP) has “Hold” rating given on Thursday, October 26 by Stifel Nicolaus. Robert W. Baird maintained the stock with “Hold” rating in Thursday, October 26 report. The firm has “Buy” rating by B. Riley & Co given on Tuesday, December 19.

Martin Midstream Partners L.P. (NASDAQ:MMLP) Institutional Positions Chart