Western Refining Logistics, LP (NYSE:WNRL) Stock Rating Lowered by BidaskClub

BidaskClub downgraded shares of Western Refining Logistics, LP (NYSE:WNRL) from a sell rating to a strong sell rating in a research note published on Wednesday, October 25th.

Separately, Zacks Investment Research upgraded shares of Western Refining Logistics, from a strong sell rating to a hold rating in a report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $35.00.

Shares of Western Refining Logistics, (NYSE WNRL) traded down $0.45 during mid-day trading on Wednesday, hitting $23.85. 778,300 shares of the stock traded hands, compared to its average volume of 213,410. Western Refining Logistics, has a 1-year low of $18.85 and a 1-year high of $26.85. The company has a debt-to-equity ratio of 3.91, a quick ratio of 0.86 and a current ratio of 0.86.

TRADEMARK VIOLATION NOTICE: “Western Refining Logistics, LP (NYSE:WNRL) Stock Rating Lowered by BidaskClub” was first reported by BBNS and is the property of of BBNS. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://baseballnewssource.com/markets/western-refining-logistics-lp-wnrl-rating-lowered-to-strong-sell-at-bidaskclub/1734274.html.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. US Bancorp DE raised its holdings in Western Refining Logistics, by 4.1% in the second quarter. US Bancorp DE now owns 43,639 shares of the pipeline company’s stock valued at $1,119,000 after buying an additional 1,736 shares during the period. California Public Employees Retirement System raised its holdings in Western Refining Logistics, by 13.6% in the first quarter. California Public Employees Retirement System now owns 18,400 shares of the pipeline company’s stock valued at $468,000 after buying an additional 2,200 shares during the period. Penserra Capital Management LLC raised its holdings in Western Refining Logistics, by 503.0% in the second quarter. Penserra Capital Management LLC now owns 4,583 shares of the pipeline company’s stock valued at $117,000 after buying an additional 3,823 shares during the period. Envestnet Asset Management Inc. raised its holdings in Western Refining Logistics, by 118.0% in the first quarter. Envestnet Asset Management Inc. now owns 8,473 shares of the pipeline company’s stock valued at $216,000 after buying an additional 4,586 shares during the period. Finally, Lee Financial Co purchased a new position in Western Refining Logistics, in the second quarter valued at approximately $257,000. Hedge funds and other institutional investors own 40.12% of the company’s stock.

Western Refining Logistics, Company Profile

Western Refining Logistics, LP owns, operates, develops, and acquires logistics and related assets and businesses to include terminals, storage tanks, pipelines and other logistics assets related to the terminaling, transportation, storage and distribution of crude oil and refined products. The Company’s segments include logistics and wholesale.

Receive News & Ratings for Western Refining Logistics LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Refining Logistics LP and related companies with our FREE daily email newsletter.

 


Latest News

Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts


Leave a Reply

 
© 2006-2017 BBNS.