Exclusive: Here is What Institutional Investors Think About World Point Terminals LP (NYSE:WPT)

November 17, 2016 - By Marguerite Chambers   ·   0 Comments

Exclusive: Here is What Institutional Investors Think About World Point Terminals LP (NYSE:WPT)

Sentiment for World Point Terminals LP (NYSE:WPT)

World Point Terminals LP (NYSE:WPT) institutional sentiment increased to 1 in Q2 2016. Its up 0.50, from 0.5 in 2016Q1. The ratio has improved, as 11 investment professionals started new or increased positions, while 11 sold and decreased stock positions in World Point Terminals LP. The investment professionals in our partner’s database now have: 5.15 million shares, down from 5.43 million shares in 2016Q1. Also, the number of investment professionals holding World Point Terminals LP in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 5 Reduced: 6 Increased: 7 New Position: 4.

World Point Terminals, LP owns, operates, develops and acquires liquid bulk storage terminals and other assets relating to the storage of petroleum products, including light refined products, heavy refined products and crude oil. The company has a market cap of $534.82 million. The Firm operates fee facilities located along the East Coast, Gulf Coast and Midwest regions of the United States. It has a 14.8 P/E ratio. Through its subsidiary, Terminal Company, LLC , the Company owns and operates approximately 15.5 million barrels of tankage at terminals, which are located in the East Coast, Gulf Coast and Midwest regions of the United States.

The stock increased 0.40% or $0.06 on November 16, hitting $15.22. World Point Terminals LP (NYSE:WPT) has risen 4.89% since April 15, 2016 and is uptrending. It has outperformed by 0.27% the S&P500.

According to Zacks Investment Research, “World Point Terminals, LP owns, operates, develops and acquires terminals and other assets relating to the storage of light refined products, heavy refined products and crude oil. The Company’s storage terminals are located in the East Coast, Gulf Coast and Midwest regions of the United States. It provides terminaling and storage of light refined products, such as gasoline, distillates and jet fuels; heavy refined products, such as residual fuel oils and liquid asphalt, and crude oil. World Point Terminals, LP is headquartered in St. Louis, Missouri.”

Lafitte Capital Management Lp holds 7.28% of its portfolio in World Point Terminals LP for 700,000 shares. Trafelet Brokaw Capital Management L.P. owns 463,279 shares or 7.17% of their US portfolio. Moreover, Moab Capital Partners Llc has 0.54% invested in the company for 107,668 shares. The Illinois-based Advisory Research Inc has invested 0.22% in the stock. Westwood Holdings Group Inc, a Texas-based fund reported 430,328 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 5 buys, and 0 selling transactions for $1.24 million net activity.

WPT Company Profile

World Point Terminals, LP, incorporated on April 19, 2013, owns, operates, develops and acquires liquid bulk storage terminals and other assets relating to the storage of petroleum products, including light refined products, heavy refined products and crude oil. The Firm operates fee facilities located along the East Coast, Gulf Coast and Midwest regions of the United States. Through its subsidiary, Terminal Company, LLC (Center Point), the Company owns and operates approximately 15.5 million barrels of tankage at terminals, which are located in the East Coast, Gulf Coast and Midwest regions of the United States. The Company’s terminal facilities are located on waterways, providing ship or barge access for the movement of petroleum products, and have truck racks with loading logistics. The Company’s terminal facilities also have rail or pipeline access. The Firm has approximately 18,375,510 common units and over 16,485,510 subordinated units representing its limited partner interest.

More important recent World Point Terminals LP (NYSE:WPT) news were published by: Marketwatch.com which released: “World Point Terminals LP” on May 27, 2011, also Seekingalpha.com published article titled: “World Point Terminals LP: Sometimes Slow And Steady Actually Does Win The Race”, Businesswire.com published: “World Point Terminals, LP Announces Retirement of Chief Financial Officer and …” on June 30, 2015. More interesting news about World Point Terminals LP (NYSE:WPT) was released by: Seekingalpha.com and their article: “World Point Terminals, LP (WPT) Q4 2015 Results – Earnings Call Transcript” with publication date: March 30, 2016.

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By Marguerite Chambers


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