Tesoro Logistics LP (NYSE:TLLP) is expected to pay $0.88 on Nov 14, 2016. The indicated annual dividend is $3.50. Shareholders owning the stock before Nov 2, 2016 will be eligible to receive the payout. Based on Tesoro Logistics LP’s current price of $47.74, the dividend is 1.83%. This dividend’s record date is Nov 4, 2016 and the announcement date is Oct 20, 2016. The stock decreased 0.54% or $0.26 on October 31, hitting $47.74. Tesoro Logistics LP (NYSE:TLLP) has risen 7.43% since March 30, 2016 and is uptrending. It has outperformed by 4.41% the S&P500.
Tesoro Logistics LP owns, operates, develops and acquires logistics assets. The company has a market cap of $4.90 billion. TLLP is a logistics firm operating primarily in the western and mid-continent regions of the United States. It has a 21.12 P/E ratio. The Firm operates through three divisions: Gathering, Processing, and Terminalling and Transportation.
Insitutional Activity: The institutional sentiment increased to 1.2 in 2016 Q2. Its up 0.17, from 1.03 in 2016Q1. The ratio is positive, as 14 funds sold all Tesoro Logistics LP shares owned while 42 reduced positions. 17 funds bought stakes while 50 increased positions. They now own 56.81 million shares or 2.09% more from 55.64 million shares in 2016Q1.
Hap Trading Ltd Liability holds 0.04% of its portfolio in Tesoro Logistics LP (NYSE:TLLP) for 14,526 shares. Capital Fincl Advisers Ltd Liability Corp owns 5,000 shares or 0% of their US portfolio. National Bank & Trust Of Montreal Can has 0.05% invested in the company for 808,152 shares. Global X Management Ltd Liability Com last reported 194,416 shares in the company. Moreover, Center Coast Cap Advsrs Lp has 7.08% invested in Tesoro Logistics LP (NYSE:TLLP) for 5.11M shares. Bb&T has 10,000 shares for 0.01% of their US portfolio. Royal Commercial Bank Of Canada holds 53,810 shares or 0% of its portfolio. Veritable Lp last reported 10,755 shares in the company. Kings Point Mgmt holds 698 shares or 0.01% of its portfolio. Starr has invested 0.79% of its portfolio in Tesoro Logistics LP (NYSE:TLLP). Westwood Group accumulated 0.48% or 1.09M shares. Diversified has invested 0.16% of its portfolio in Tesoro Logistics LP (NYSE:TLLP). Barclays Public Ltd Co has invested 0% of its portfolio in Tesoro Logistics LP (NYSE:TLLP). Us Natl Bank De last reported 32,936 shares in the company. Pinnacle Hldgs Ltd Llc reported 44,154 shares or 0% of all its holdings.
Insider Transactions: Since August 26, 2016, the stock had 1 buy, and 0 selling transactions for $75,747 net activity. $75,747 worth of Tesoro Logistics LP (NYSE:TLLP) was bought by Sterin Steven.
Tesoro Logistics LP (NYSE:TLLP) Ratings Coverage
Out of 8 analysts covering Tesoro Logistics LP (NYSE:TLLP), 6 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 75% are positive. Tesoro Logistics LP has been the topic of 13 analyst reports since August 7, 2015 according to StockzIntelligence Inc. As per Monday, October 10, the company rating was maintained by . Oppenheimer maintained it with “Outperform” rating and $59 target price in Friday, August 7 report. The firm earned “Hold” rating on Tuesday, August 23 by Jefferies. The firm has “Overweight” rating by JP Morgan given on Tuesday, March 15. Credit Suisse initiated the stock with “Neutral” rating in Monday, October 26 report. As per Monday, May 16, the company rating was maintained by JP Morgan. Barclays Capital maintained it with “Overweight” rating and $65 target price in Friday, August 7 report. The firm earned “Buy” rating on Friday, September 30 by Mizuho. Credit Suisse downgraded Tesoro Logistics LP (NYSE:TLLP) on Tuesday, October 13 to “Neutral” rating. The firm has “Accumulate” rating given on Thursday, October 22 by Seaport Global Securities.
More recent Tesoro Logistics LP (NYSE:TLLP) news were published by: Reuters.com which released: “BRIEF-Tesoro Logistics LP reports Q3 2016 results” on October 31, 2016. Also Forbes.com published the news titled: “Tesoro Logistics Named Top Dividend Stock With Insider Buying and 7.29% Yield …” on October 20, 2016. Seekingalpha.com‘s news article titled: “Tesoro Logistics LP: Investors’ Recent Worries About This Logistics MLP Are …” with publication date: August 15, 2016 was also an interesting one.
TLLP Company Profile
Tesoro Logistics LP (TLLP), incorporated on December 3, 2010, owns, operates, develops and acquires logistics assets. TLLP is a logistics firm operating primarily in the western and mid-continent regions of the United States. The Firm operates through three divisions: Gathering, Processing, and Terminalling and Transportation. The Firm owns and operates networks of over 3,500 miles of crude oil, refined products and natural gas pipelines and over 25 crude oil and refined products truck and marine terminals that have over 15 million barrels of storage capacity. In addition, the Company owns and operates approximately four natural gas processing complexes and over one fractionation facility.
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