Economy

Andeavor Logistics (ANDX) Earning Somewhat Favorable Media Coverage, Report Finds

Virtu Fincl Limited Liability reported 38,846 shares.

Headlines about Andeavor Logistics (NASDAQ:ANDX) have been trending somewhat positive on Thursday, Accern Sentiment reports. Jpmorgan Chase & Communication, New York-based fund reported 1.18 million shares.

Andeavor Logistics has acquired Western Refining Logistics, LP in a unit-for-unit transaction and assumption of US$280 million of net debt for a total enterprise value of approximately US$1.7 billion.

Western Refining Logistics unitholders will receive Andeavor Logistics' quarterly cash distribution for 3Q17 after they have exchanged their Western Refining Logistics units for Andeavor Logistics units. Finally, Cowen and Company raised their target price on shares of Western Refining from $26.00 to $32.00 and gave the stock an outperform rating in a report on Monday, September 19th. Clearbridge Invs Ltd Liability Company invested 0.04% in Western Refining Logistics LP (NYSE:WNRL).

(NYSE:WNRL) shares saw light trading volume with 0 shares changing hands on Tuesday. Center Coast Advisors Lp stated it has 0.12% of its portfolio in Western Refining Logistics LP (NYSE:WNRL). Its down 0.44, from 1.5 in 2017Q1.

Fort Washington Investment Advisors Inc increased Tesoro Logistics Lp (TLLP) stake by 435.71% reported in 2017Q2 SEC filing. Access it here: 000119312517329713. Following the acquisition, the chairman now owns 3,109,466 shares of the company's stock, valued at $73,352,302.94.

Western Refining Logistics stake is new for [reportingPerson]. Morgan Stanley started coverage on Tesoro Logistics in a research note on Wednesday, August 2nd. This shows Andeavor's positive view for Western Refining Logistics. It worsened, as 21 investors sold TLLP shares while 41 reduced holdings. This is increased by 567276. 12919786 were owned by these investors. 7 funds opened new Western Refining Logistics stakes, 14 increased positions.

Tph Asset Management Llc is an investor bullish on Western Refining Logistics, owning 160250 shares as of Q3 2015 for 0.47% of its portfolio. The California-based Ares Management Llc has invested 0.06% in the stock. Westwood Holdings Grp holds 0.38% or 903,464 shares in its portfolio. Further, Center Coast Capital Advisors Lp reported stake worth less than 0.01% of its portfolio. The MA Nbw Capital Llc owns 337358 shares. The Company operates through three segments. (Western). Its logistics assets consist of pipeline and gathering infrastructure and terminalling, transportation and storage assets in the Southwest and the Upper Great Plains region. The company has market cap of $81.07 million. It has a 22.26 P/E ratio.

A number of equities research analysts have issued reports on ANDX shares. Therefore 67% are positive. Western Refining has a 12 month low of $18.14 and a 12 month high of $47.55. Based on the stock's volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 3.50% and month of 2.31%. Western Refining Logistics had 11 analyst reports since July 21, 2015 according to SRatingsIntel. Mitsubishi UFJ Financial Group upgraded Andeavor Logistics to a "buy" rating and set a $60.00 target price on the stock in a report on Wednesday, August 16th. As per Thursday, April 21, the company rating was initiated by Raymond James. Veritable Lp reported 0.01% in Andeavor Logistics LP (NYSE:ANDX). Deutsche Bank has "Buy" rating and $9 target. The rating was maintained by RBC Capital Markets with "Buy" on Monday, June 19.

COPYRIGHT VIOLATION NOTICE: "Andeavor Logistics (ANDX) Earning Somewhat Favorable Media Coverage, Report Finds" was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. Zacks Investment Research raised Western Refining Logistics, from a "strong sell" rating to a "hold" rating in a research report on Tuesday, October 17th. The firm has "Buy" rating given on Friday, September 30 by Mizuho. The firm has "Neutral" rating given on Monday, October 26 by Credit Suisse.



Like this

loading...
loading...

Latest


02 November 2017
Open Enrollment for 2018 Health Care Begins
Insurance agents say their best advice is if you need help, find it. "First, the enrollment period is shortened this year".

02 November 2017
Klopp pleased by Liverpool patience in Maribor win
It was a fantastic save as well and you have to respect this. But I don't think, in the moment, that he can play". For sure, we have to make a scan...

02 November 2017
How Have Sabra Health Care REIT, Inc. (SBRA) Earnings Forecasts Changed?
This particular stock's 5-day moving average is 20.37, its 20-day moving average is 21.08 and its 100-day moving average is 22.50. They expect this year's earnings to rise 2.93% year-over-year to $2.46, followed by 2.44% growth in the next year to $2.52.

02 November 2017
Nioh: Complete Edition (For PC Steam 11/7)
Called "Dharmachakra Kabuto", the helmet resembles the Valve logo of a man with a valve attached to his head. Those who already have played the PS4 Pro version, this two modes should be pretty familiar.

02 November 2017
Pharma stocks soar despite USA lawsuit
Portions of the complaint are redacted in order to avoid compromising the states' ongoing investigation. The generic pharmaceutical industry accounts for almost 88 per cent of all prescriptions in the US.

02 November 2017
Nigeria Leaps 25 Spots On Ease of Doing Business Index
The Christian Association of Nigeria (CAN) has insisted that there is an Islamisation plot by the President Muhammadu Buhari-led Federal Government.

02 November 2017
After 19 seasons, former Cardinals player Carlos Beltran gets World Series ring
When Carlos Beltran was 22 years old, he won the Rookie of the Year award after a sensational season with the Royals in 1999. Regardless, after all these years and seeing his team fall short so many times, Beltran now has a World Series ring.

02 November 2017
Pakistani woman kills 17 family members to escape arranged marriage
But cases of poisoning related to cases of forced marriages, still a common practice in the country, are not uncommon. But Bibi was desperately unhappy with the man she had been matched with and was, in fact, in love with someone else.

02 November 2017
Letting fee ban laws unveiled by Government
Require Trading Standards to enforce the ban and to make provision for tenants to be able to recover unlawfully charged fees. This latest action aims to help improve transparency, affordability and competition in the private rental market.

02 November 2017
Rangers: Ryan Jack wins appeal against red card against Kilmarnock
I'm excited and can't wait to get going. "I'm no different, I want to stake a claim and I will work hard to try to do that". Rangers appealed against the decision and the SFA's disciplinary tribunal downgraded the offence to unsporting behaviour.