Live Ownership Coverage: 0.43 is Arc Logistics Partners LP’s (NYSE:ARCX) Institutional Investor Sentiment

November 18, 2016 - By Winifred Garcia   ·   0 Comments

Live Ownership Coverage: 0.43 is Arc Logistics Partners LP's (NYSE:ARCX) Institutional Investor Sentiment

Sentiment for Arc Logistics Partners LP (NYSE:ARCX)

Arc Logistics Partners LP (NYSE:ARCX) institutional sentiment decreased to 0.43 in Q2 2016. Its down -0.32, from 0.75 in 2016Q1. The ratio is negative, as 9 active investment managers increased or opened new equity positions, while 12 decreased and sold their equity positions in Arc Logistics Partners LP. The active investment managers in our partner’s database reported: 7.25 million shares, down from 9.73 million shares in 2016Q1. Also, the number of active investment managers holding Arc Logistics Partners LP in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 7 Increased: 6 New Position: 3.

Arc Logistics Partners LP owns, operates, develops and acquires a portfolio of complementary energy logistics assets. The company has a market cap of $279.89 million. The Firm is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. It has a 15.49 P/E ratio. It is focused on growing its business through the optimization, organic development and acquisition of terminaling, storage, rail, pipeline and other energy logistics assets.

About 21,056 shares traded hands. Arc Logistics Partners LP (NYSE:ARCX) has risen 30.16% since April 18, 2016 and is uptrending. It has outperformed by 25.73% the S&P500.

According to Zacks Investment Research, “Arc Logistics Partners LP is principally engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products. It owns, operates, develops and acquires a portfolio of complementary energy logistics assets. Arc Logistics Partners LP is based in New York.”

Kayne Anderson Capital Advisors Lp holds 0.54% of its portfolio in Arc Logistics Partners LP for 3.72 million shares. Hite Hedge Asset Management Llc owns 99,330 shares or 0.53% of their US portfolio. Moreover, Salient Capital Advisors Llc has 0.16% invested in the company for 537,516 shares. The Illinois-based Magnetar Financial Llc has invested 0.14% in the stock. Eagle Global Advisors Llc, a Texas-based fund reported 353,357 shares.#img1#

Arc Logistics Partners LP (NYSE:ARCX) Ratings Coverage

Ratings analysis reveals 86% of Arc Logistics’s analysts are positive. Out of 7 Wall Street analysts rating Arc Logistics, 6 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $11 while the high is $24. The stock’s average target of $17.14 is 17.40% above today’s ($14.6) share price. ARCX was included in 13 notes of analysts from August 7, 2015. The company was downgraded on Friday, August 5 by Stifel Nicolaus. Barclays Capital downgraded it to “Equal Weight” rating and $15 target price in Monday, January 11 report. Citigroup maintained the shares of ARCX in a report on Tuesday, March 15 with “Buy” rating. DA Davidson initiated Arc Logistics Partners LP (NYSE:ARCX) rating on Tuesday, November 17. DA Davidson has “Buy” rating and $22 price target. The rating was upgraded by Stifel Nicolaus to “Buy” on Monday, November 7. The rating was upgraded by Seaport Global on Friday, May 6 to “Buy”. The stock of Arc Logistics Partners LP (NYSE:ARCX) has “Buy” rating given on Friday, May 20 by Citigroup. The firm has “Equal-Weight” rating given on Monday, March 14 by Barclays Capital. Stifel Nicolaus maintained the shares of ARCX in a report on Friday, May 6 with “Buy” rating.

ARCX Company Profile

Arc Logistics Partners LP, incorporated on July 29, 2013, owns, operates, develops and acquires a portfolio of complementary energy logistics assets. The Firm is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. It is focused on growing its business through the optimization, organic development and acquisition of terminaling, storage, rail, pipeline and other energy logistics assets. It offers storage and throughput services fees, and ancillary services fees. The Firm operates through terminal and transloading facilities segment.

More notable recent Arc Logistics Partners LP (NYSE:ARCX) news were published by: Globenewswire.com which released: “Arc Logistics Partners LP Announces Third Quarter 2016 Results” on November 03, 2016, also Reuters.com with their article: “BRIEF-Arc Logistics Partners LP announces Q3 results” published on November 03, 2016, Marketwatch.com published: “Arc Logistics upgraded to buy from hold at Stifel Nicolaus” on November 20, 2013. More interesting news about Arc Logistics Partners LP (NYSE:ARCX) were released by: Globenewswire.com and their article: “Arc Logistics Partners LP Announces Quarterly Distribution, Second Quarter …” published on July 28, 2016 as well as Globenewswire.com‘s news article titled: “Arc Logistics Partners LP Announces Quarterly Distribution, Third Quarter 2016 …” with publication date: October 05, 2015.

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By Winifred Garcia


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