Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Western Refining Logistics, LP (NYSE:WNRL) by 2.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 698,123 shares of the pipeline company’s stock after acquiring an additional 15,417 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 1.14% of Western Refining Logistics worth $18,012,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Alps Advisors Inc. bought a new position in Western Refining Logistics during the 3rd quarter worth $478,000. Mizuho Securities USA LLC bought a new position in shares of Western Refining Logistics in the 3rd quarter worth about $349,000. Tower Research Capital LLC TRC bought a new position in shares of Western Refining Logistics in the 2nd quarter worth about $323,000. Virtu KCG Holdings LLC bought a new position in shares of Western Refining Logistics in the 2nd quarter worth about $617,000. Finally, Citadel Advisors LLC raised its position in shares of Western Refining Logistics by 197.0% in the 2nd quarter. Citadel Advisors LLC now owns 10,960 shares of the pipeline company’s stock worth $281,000 after acquiring an additional 22,260 shares in the last quarter. 40.12% of the stock is currently owned by institutional investors.
WNRL has been the subject of several research analyst reports. BidaskClub raised Western Refining Logistics from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Zacks Investment Research downgraded Western Refining Logistics from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 21st.
Shares of Western Refining Logistics, LP (NYSE:WNRL) traded down $0.45 on Wednesday, hitting $23.85. The stock had a trading volume of 778,300 shares, compared to its average volume of 213,410. The company has a debt-to-equity ratio of 3.91, a current ratio of 0.86 and a quick ratio of 0.86. Western Refining Logistics, LP has a 12 month low of $18.85 and a 12 month high of $26.85.
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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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