Arc Logistic Partners LP (NYSE:ARCX) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Thursday.

Other equities analysts have also issued research reports about the stock. SunTrust Banks, Inc. lowered shares of Arc Logistic Partners from a “buy” rating to a “hold” rating and raised their price objective for the stock from $15.00 to $16.50 in a research note on Wednesday, August 30th. Zacks Investment Research lowered shares of Arc Logistic Partners from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Stifel Nicolaus lowered shares of Arc Logistic Partners from a “buy” rating to a “hold” rating and decreased their target price for the company from $18.00 to $16.50 in a research note on Wednesday, August 30th. Finally, ValuEngine lowered shares of Arc Logistic Partners from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $18.00.

Shares of Arc Logistic Partners (ARCX) traded up 0.18% on Thursday, hitting $16.64. The company’s stock had a trading volume of 58,983 shares. The company has a market cap of $325.23 million, a price-to-earnings ratio of 27.37 and a beta of 0.81. The stock’s 50 day moving average is $15.38 and its 200-day moving average is $14.81. Arc Logistic Partners has a 52 week low of $12.86 and a 52 week high of $17.40.

Arc Logistic Partners (NYSE:ARCX) last posted its quarterly earnings data on Tuesday, August 8th. The pipeline company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). Arc Logistic Partners had a return on equity of 4.10% and a net margin of 13.28%. The firm had revenue of $26.59 million during the quarter, compared to analyst estimates of $26.71 million. On average, equities research analysts anticipate that Arc Logistic Partners will post $0.68 earnings per share for the current year.

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Several large investors have recently modified their holdings of the business. Mariner Wealth Advisors LLC boosted its stake in shares of Arc Logistic Partners by 3.0% during the 2nd quarter. Mariner Wealth Advisors LLC now owns 14,765 shares of the pipeline company’s stock valued at $224,000 after buying an additional 434 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Arc Logistic Partners by 3.2% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 41,600 shares of the pipeline company’s stock valued at $593,000 after buying an additional 1,300 shares during the period. D.A. Davidson & CO. boosted its stake in shares of Arc Logistic Partners by 29.7% during the 2nd quarter. D.A. Davidson & CO. now owns 9,604 shares of the pipeline company’s stock valued at $145,000 after buying an additional 2,200 shares during the period. BB&T Securities LLC acquired a new stake in shares of Arc Logistic Partners during the 1st quarter valued at $174,000. Finally, KCG Holdings Inc. acquired a new stake in shares of Arc Logistic Partners during the 1st quarter valued at $464,000. 40.60% of the stock is owned by institutional investors.

About Arc Logistic Partners

Arc Logistics Partners LP owns, operates, develops and acquires a portfolio of energy logistics assets. The Company is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. The Company is focused on growing its business through the optimization, organic development and acquisition of terminaling, storage, rail, pipeline and other energy logistics assets.

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