Dividend Report: Shareholders can safely expect $0.42 dividends by Nov 23, 2016, from Western Refining Logistics, LP (NYSE:WNRL).

Dividend Report: Shareholders can safely expect $0.42 dividends by Nov 23, 2016, from Western Refining Logistics, LP (NYSE:WNRL).

Western Refining Logistics, LP (NYSE:WNRL) is expected to pay $0.42 on Nov 23, 2016. The indicated annual dividend is $1.69. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Western Refining Logistics, LP’s current price of $22.30, the dividend is 1.90%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 25, 2016. About 6,956 shares traded hands. Western Refining Logistics LP (NYSE:WNRL) has declined 4.50% since March 31, 2016 and is downtrending. It has underperformed by 7.02% the S&P500.

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 has a market cap of $1.29 billion. The Company’s divisions are the logistics segment and the wholesale segment. It has a 17.7 P/E ratio. The Firm operates its logistics business and wholesale business under commercial and service agreements with Western Refining, Inc. .

Insitutional Activity: The institutional sentiment increased to 1.29 in 2016 Q2. Its up 0.29, from 1 in 2016Q1. The ratio is positive, as 8 funds sold all Western Refining Logistics LP shares owned while 13 reduced positions. 12 funds bought stakes while 15 increased positions. They now own 12.49 million shares or 2.30% less from 12.78 million shares in 2016Q1.
Financial Bank Of New York Mellon Corporation holds 0% or 136,889 shares in its portfolio. Citigroup Inc, a New York-based fund reported 6,527 shares. Cumberland holds 0.01% or 580 shares in its portfolio. Nbw Capital Limited Liability Com accumulated 347,219 shares or 2.79% of the stock. Magnetar Lc, a Illinois-based fund reported 500,000 shares. Renaissance Tech Ltd Liability has 0% invested in the company for 61,000 shares. Hite Hedge Asset Management Lc accumulated 2.53% or 237,901 shares. Cushing Asset Mgmt L P has 13,300 shares for 0.01% of their US portfolio. X Management Commerce Ltd Liability Co has 0.01% invested in the company for 4,567 shares. Us State Bank De holds 0% or 15,640 shares in its portfolio. Susquehanna International Grp Llp accumulated 23,492 shares or 0% of the stock. Envestnet Asset Mgmt holds 0% of its portfolio in Western Refining Logistics LP (NYSE:WNRL) for 8,621 shares. Finemark Bancorp has 0.01% invested in the company for 3,070 shares. Pnc Svcs Inc has invested 0% of its portfolio in Western Refining Logistics LP (NYSE:WNRL). Mariner Wealth Advsr Ltd Liability has 27,950 shares for 0.04% of their US portfolio.

Insider Transactions: Since May 16, 2016, the stock had 9 insider buys, and 0 sales for $20.53 million net activity. Shares for $999,993 were bought by WEAVER SCOTT D on Monday, May 16. 5,000 shares were bought by Atterbury Andrew L, worth $111,600 on Thursday, September 8. Foster Paul L bought 276,115 shares worth $6.00 million. 134,408 shares were bought by Stevens Jeff A, worth $3.00 million on Thursday, September 8. The insider KINDER DAVID D bought 7,500 shares worth $167,400. On Thursday, September 8 the insider Linn Michael C bought $249,984.

Western Refining Logistics LP (NYSE:WNRL) Ratings Coverage

Out of 6 analysts covering Western Refining Logistics (NYSE:WNRL), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Western Refining Logistics has been the topic of 10 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating given on Wednesday, August 5 by Barclays Capital. The firm has “Equal Weight” rating given on Monday, January 11 by Barclays Capital. Goldman Sachs maintained it with “Neutral” rating and $34 target price in Friday, September 11 report. The stock of Western Refining Logistics LP (NYSE:WNRL) has “Neutral” rating given on Monday, October 26 by Credit Suisse. Raymond James initiated Western Refining Logistics LP (NYSE:WNRL) on Thursday, April 21 with “Strong Buy” rating. Deutsche Bank initiated it with “Hold” rating and $31 target price in Tuesday, July 21 report. Credit Suisse maintained it with “Neutral” rating and $28 target price in Friday, February 26 report. The stock of Western Refining Logistics LP (NYSE:WNRL) earned “Hold” rating by on Monday, October 10. The stock has “Equal-Weight” rating given by Barclays Capital on Monday, September 26.

Another recent and important Western Refining Logistics LP (NYSE:WNRL) news was published by Globenewswire.com which published an article titled: “Western Refining Logistics, LP Reports Third Quarter 2016 Results” on November 01, 2016.

WNRL Company Profile

Western Refining Logistics, LP, incorporated on July 17, 2013, 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 divisions are the logistics segment and the wholesale segment. The Firm operates its logistics business and wholesale business under commercial and service agreements with Western Refining, Inc. (Western).

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