Western Refining Logistics, LP (NYSE:WNRL) has received an average recommendation of “Hold” from the six research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $35.00.

Several analysts have recently issued reports on the company. BidaskClub upgraded Western Refining Logistics, from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Zacks Investment Research downgraded Western Refining Logistics, from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 21st.

Large investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Western Refining Logistics, by 30.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 682,706 shares of the pipeline company’s stock valued at $17,511,000 after acquiring an additional 160,032 shares in the last quarter. Atlantic Trust Group LLC lifted its position in shares of Western Refining Logistics, by 18.2% in the second quarter. Atlantic Trust Group LLC now owns 1,725,766 shares of the pipeline company’s stock valued at $44,266,000 after acquiring an additional 265,327 shares in the last quarter. Morgan Stanley lifted its position in shares of Western Refining Logistics, by 23.6% in the first quarter. Morgan Stanley now owns 2,569,281 shares of the pipeline company’s stock valued at $65,389,000 after acquiring an additional 490,068 shares in the last quarter. HITE Hedge Asset Management LLC lifted its position in shares of Western Refining Logistics, by 41.5% in the second quarter. HITE Hedge Asset Management LLC now owns 255,868 shares of the pipeline company’s stock valued at $6,563,000 after acquiring an additional 75,000 shares in the last quarter. Finally, Penserra Capital Management LLC lifted its position in shares of 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 acquiring an additional 3,823 shares in the last quarter. Institutional investors and hedge funds own 40.49% of the company’s stock.

Shares of Western Refining Logistics, (NYSE WNRL) traded up 0.19% on Thursday, reaching $25.75. The company’s stock had a trading volume of 132,906 shares. The company has a 50 day moving average of $25.39 and a 200 day moving average of $25.22. The stock has a market capitalization of $1.57 billion, a P/E ratio of 20.75 and a beta of 0.79. Western Refining Logistics, has a 1-year low of $18.85 and a 1-year high of $26.85.

Western Refining Logistics, (NYSE:WNRL) last posted its earnings results on Tuesday, August 8th. The pipeline company reported $0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.11). The firm had revenue of $627.51 million during the quarter, compared to analyst estimates of $602.22 million. Western Refining Logistics, had a net margin of 3.05% and a return on equity of 78.84%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the company posted $0.33 EPS. Equities research analysts expect that Western Refining Logistics, will post $1.27 earnings per share for the current fiscal year.

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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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