Fullcircle Wealth LLC acquired a new position in shares of Plains All American Pipeline, L.P. (NYSE:PAA - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 15,665 shares of the pipeline company's stock, valued at approximately $287,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its stake in Plains All American Pipeline by 1,684.0% during the fourth quarter. Jones Financial Companies Lllp now owns 3,568 shares of the pipeline company's stock worth $61,000 after buying an additional 3,368 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Plains All American Pipeline in the fourth quarter valued at approximately $11,247,000. PNC Financial Services Group Inc. boosted its stake in shares of Plains All American Pipeline by 1.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 197,143 shares of the pipeline company's stock valued at $3,367,000 after purchasing an additional 2,757 shares during the period. Larson Financial Group LLC boosted its stake in shares of Plains All American Pipeline by 4.7% in the fourth quarter. Larson Financial Group LLC now owns 13,083 shares of the pipeline company's stock valued at $223,000 after purchasing an additional 583 shares during the period. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Plains All American Pipeline by 41.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 14,436 shares of the pipeline company's stock valued at $247,000 after purchasing an additional 4,241 shares during the period. 41.78% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on PAA shares. Wall Street Zen raised shares of Plains All American Pipeline from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. Barclays reaffirmed an "underweight" rating and issued a $18.00 target price on shares of Plains All American Pipeline in a report on Friday, May 9th. Scotiabank reduced their target price on shares of Plains All American Pipeline from $20.00 to $19.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 5th. Mizuho set a $22.00 target price on shares of Plains All American Pipeline and gave the company an "outperform" rating in a report on Wednesday, June 18th. Finally, UBS Group reaffirmed a "buy" rating on shares of Plains All American Pipeline in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $20.36.
View Our Latest Analysis on Plains All American Pipeline
Plains All American Pipeline Stock Performance
NYSE PAA traded up $0.00 during trading hours on Wednesday, hitting $18.58. The company had a trading volume of 435,533 shares, compared to its average volume of 3,229,055. Plains All American Pipeline, L.P. has a fifty-two week low of $15.58 and a fifty-two week high of $21.00. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 0.64. The business has a fifty day simple moving average of $17.44 and a 200-day simple moving average of $18.46. The firm has a market cap of $13.07 billion, a P/E ratio of 25.42 and a beta of 0.68.
Plains All American Pipeline (NYSE:PAA - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The pipeline company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.45 by ($0.06). Plains All American Pipeline had a net margin of 1.54% and a return on equity of 11.69%. Plains All American Pipeline's revenue for the quarter was up .1% on a year-over-year basis. During the same period last year, the business earned $0.41 EPS. Equities analysts predict that Plains All American Pipeline, L.P. will post 1.52 EPS for the current year.
Plains All American Pipeline Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Thursday, July 31st will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 8.18%. The ex-dividend date of this dividend is Thursday, July 31st. Plains All American Pipeline's dividend payout ratio (DPR) is 163.44%.
Plains All American Pipeline Company Profile
(
Free Report)
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and on barges or railcars.
Recommended Stories

Before you consider Plains All American Pipeline, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Plains All American Pipeline wasn't on the list.
While Plains All American Pipeline currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.