Western Refining Logistics, LP (WNRL) Stake Held by BP Capital Fund Advisors LLC

BP Capital Fund Advisors LLC continued to hold its position in shares of Western Refining Logistics, LP (NYSE:WNRL) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,534 shares of the pipeline company’s stock at the end of the first quarter. BP Capital Fund Advisors LLC owned about 0.11% of Western Refining Logistics, worth $1,668,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Koch Industries Inc. acquired a new position in shares of Western Refining Logistics, during the first quarter worth about $210,000. Envestnet Asset Management Inc. boosted its position in shares of 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 worth $216,000 after buying an additional 4,586 shares during the period. Wealthsource Partners LLC acquired a new position in shares of Western Refining Logistics, during the first quarter worth about $232,000. Global X Management Co. LLC boosted its position in shares of Western Refining Logistics, by 4.0% in the first quarter. Global X Management Co. LLC now owns 9,530 shares of the pipeline company’s stock worth $243,000 after buying an additional 370 shares during the period. Finally, California Public Employees Retirement System boosted its position in shares of 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 worth $468,000 after buying an additional 2,200 shares during the period. 44.31% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Western Refining Logistics, (NYSE:WNRL)

Western Refining Logistics, LP (WNRL) traded down 1.73% during mid-day trading on Monday, reaching $25.55. 127,193 shares of the company’s stock were exchanged. The firm has a market capitalization of $1.56 billion, a P/E ratio of 19.81 and a beta of 0.82. The company’s 50-day moving average is $25.11 and its 200 day moving average is $23.79. Western Refining Logistics, LP has a one year low of $18.85 and a one year high of $26.28.

Western Refining Logistics, (NYSE:WNRL) last released its quarterly earnings results on Tuesday, May 2nd. The pipeline company reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.14. The firm had revenue of $604.69 million for the quarter, compared to analysts’ expectations of $594.45 million. Western Refining Logistics, had a net margin of 3.07% and a return on equity of 93.85%. The business’s quarterly revenue was up 29.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.28 earnings per share. Equities analysts predict that Western Refining Logistics, LP will post $1.49 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 23rd. Shareholders of record on Tuesday, May 9th were given a dividend of $0.4525 per share. This represents a $1.81 annualized dividend and a dividend yield of 7.08%. This is a positive change from Western Refining Logistics,’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Friday, May 5th. Western Refining Logistics,’s dividend payout ratio is presently 166.06%.

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Separately, Zacks Investment Research raised shares of Western Refining Logistics, from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 25th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $29.67.

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.

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