2,334 Shares in DT Midstream, Inc. (NYSE:DTM) Purchased by Catalina Capital Group LLC

Catalina Capital Group LLC acquired a new stake in shares of DT Midstream, Inc. (NYSE:DTM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,334 shares of the company’s stock, valued at approximately $232,000.

Several other large investors have also bought and sold shares of DTM. CENTRAL TRUST Co increased its position in shares of DT Midstream by 14.4% during the fourth quarter. CENTRAL TRUST Co now owns 1,621 shares of the company’s stock valued at $161,000 after acquiring an additional 204 shares in the last quarter. Greenleaf Trust purchased a new stake in DT Midstream during the 4th quarter valued at $225,000. Spire Wealth Management increased its holdings in shares of DT Midstream by 242.8% in the 4th quarter. Spire Wealth Management now owns 1,385 shares of the company’s stock worth $138,000 after purchasing an additional 981 shares in the last quarter. Caprock Group LLC increased its holdings in shares of DT Midstream by 68.2% in the 4th quarter. Caprock Group LLC now owns 6,827 shares of the company’s stock worth $683,000 after purchasing an additional 2,769 shares in the last quarter. Finally, Crews Bank & Trust purchased a new position in shares of DT Midstream in the fourth quarter worth $53,000. 81.53% of the stock is owned by hedge funds and other institutional investors.

DT Midstream Trading Up 0.6 %

Shares of DTM stock opened at $101.72 on Tuesday. DT Midstream, Inc. has a 1 year low of $51.17 and a 1 year high of $114.50. The firm has a fifty day moving average price of $103.50 and a 200-day moving average price of $89.97. The company has a market cap of $9.88 billion, a price-to-earnings ratio of 24.75 and a beta of 0.79. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.95 and a quick ratio of 0.95.

Wall Street Analyst Weigh In

Several research firms recently commented on DTM. Morgan Stanley lifted their price objective on DT Midstream from $82.00 to $92.00 and gave the stock an “underweight” rating in a report on Friday, October 25th. Raymond James lifted their price target on shares of DT Midstream from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th. Citigroup upgraded shares of DT Midstream from a “neutral” rating to a “buy” rating and raised their target price for the stock from $90.00 to $115.00 in a report on Thursday, November 21st. The Goldman Sachs Group lifted their target price on shares of DT Midstream from $74.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 19th. Finally, Barclays began coverage on DT Midstream in a report on Friday, January 10th. They set an “equal weight” rating and a $112.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $101.56.

DT Midstream Company Profile

DT Midstream, Inc, together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines.