Dividend Flows: Shareholders can safely expect $0.44 dividends by Nov 15, 2016, from Arc Logistic Partners LP (NYSE:ARCX).

Dividend Flows: Shareholders can safely expect $0.44 dividends by Nov 15, 2016, from Arc Logistic Partners LP (NYSE:ARCX).

Arc Logistic Partners LP (NYSE:ARCX) is expected to pay $0.44 on Nov 15, 2016. The indicated annual dividend is $1.76. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Arc Logistic Partners LP’s current price of $14.91, the dividend is 2.95%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 28, 2016. The stock decreased 0.80% or $0.12 on November 1, hitting $14.91. Arc Logistics Partners LP (NYSE:ARCX) has risen 46.63% since March 31, 2016 and is uptrending. It has outperformed by 44.10% the S&P500.

Arc Logistics Partners LP owns, operates, develops and acquires a portfolio of complementary energy logistics assets. The company has a market cap of $286.52 million. The Firm is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. It has a 14.33 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.

Insitutional Activity: The institutional sentiment decreased to 0.75 in Q2 2016. Its down 0.63, from 1.38 in 2016Q1. The ratio dived, as 5 funds sold all Arc Logistics Partners LP shares owned while 7 reduced positions. 3 funds bought stakes while 6 increased positions. They now own 7.25 million shares or 25.50% less from 9.73 million shares in 2016Q1.
Jpmorgan Chase And accumulated 0% or 8,572 shares. Magnetar Lc owns 572,635 shares or 0.14% of their US portfolio. Advisory Research accumulated 542,595 shares or 0.12% of the stock. Cohen And Steers reported 103,693 shares or 0% of all its holdings. Citigroup last reported 0% of its portfolio in the stock. Salient Cap Advisors Lc last reported 537,516 shares in the company. Walleye Trading last reported 0% of its portfolio in the stock. Renaissance Technologies Ltd Llc has invested 0% of its portfolio in Arc Logistics Partners LP (NYSE:ARCX). The New York-based Tower Research Cap Ltd Limited Liability Company (Trc) has invested 0% in Arc Logistics Partners LP (NYSE:ARCX). Kayne Anderson Advsrs Lp last reported 0.54% of its portfolio in the stock. Deutsche Comml Bank Ag accumulated 79,200 shares or 0% of the stock. Wells Fargo And Com Mn has invested 0% of its portfolio in Arc Logistics Partners LP (NYSE:ARCX). Morgan Stanley holds 0% or 125,066 shares in its portfolio. Goldman Sachs Grp Inc has invested 0% of its portfolio in Arc Logistics Partners LP (NYSE:ARCX). Fincl Bank Of America De accumulated 236,789 shares or 0% of the stock.

Arc Logistics Partners LP (NYSE:ARCX) Ratings Coverage

Out of 7 analysts covering Arc Logistics (NYSE:ARCX), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. Arc Logistics has been the topic of 12 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Arc Logistics Partners LP (NYSE:ARCX) has “Buy” rating given on Friday, May 6 by Seaport Global. On Friday, August 5 the stock rating was downgraded by Stifel Nicolaus to “Hold”. Citigroup maintained Arc Logistics Partners LP (NYSE:ARCX) rating on Friday, May 20. Citigroup has “Buy” rating and $13 price target. The rating was maintained by Barclays Capital on Monday, March 14 with “Equal-Weight”. Stifel Nicolaus maintained Arc Logistics Partners LP (NYSE:ARCX) on Friday, May 6 with “Buy” rating. The stock of Arc Logistics Partners LP (NYSE:ARCX) earned “Buy” rating by Citigroup on Tuesday, March 15. On Monday, January 11 the stock rating was downgraded by Barclays Capital to “Equal Weight”. The rating was initiated by DA Davidson on Tuesday, November 17 with “Buy”.

More notable recent Arc Logistics Partners LP (NYSE:ARCX) news were published by: Globenewswire.com which released: “Arc Logistics Partners LP Announces Quarterly Distribution, Second Quarter …” on July 28, 2016, also Nasdaq.com with their article: “Arc Logistics Partners LP Announces Quarterly Distribution, Third Quarter 2016 …” published on October 27, 2016, Globenewswire.com published: “Arc Logistics Partners LP Announces Fourth Quarter and Full Year 2015 Results” on March 10, 2016. More interesting news about Arc Logistics Partners LP (NYSE:ARCX) were released by: Globenewswire.com and their article: “Arc Logistics Partners LP Completes Its Acquisition of Four Refined Products …” published on January 14, 2016 as well as Globenewswire.com‘s news article titled: “Arc Logistics Partners LP Acquires Terminal and Development Assets in …” with publication date: July 14, 2015.

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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment