Goldman Sachs Group Inc. reduced its stake in VTTI Energy Partners LP (NYSE:VTTI) by 42.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,824,080 shares of the oil and gas company’s stock after selling 1,322,241 shares during the quarter. Goldman Sachs Group Inc. owned about 3.91% of VTTI Energy Partners worth $35,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Glazer Capital LLC purchased a new stake in VTTI Energy Partners in the second quarter valued at approximately $4,141,000. TIAA CREF Investment Management LLC raised its stake in VTTI Energy Partners by 230.3% in the second quarter. TIAA CREF Investment Management LLC now owns 106,874 shares of the oil and gas company’s stock valued at $2,100,000 after purchasing an additional 74,521 shares in the last quarter. Cowen Inc. purchased a new stake in VTTI Energy Partners in the second quarter valued at approximately $2,754,000. Vivaldi Capital Management LLC purchased a new stake in VTTI Energy Partners in the second quarter valued at approximately $724,024,000. Finally, Vivaldi Asset Management LLC purchased a new stake in VTTI Energy Partners in the second quarter valued at approximately $9,180,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.

VTTI has been the topic of a number of recent analyst reports. BidaskClub raised shares of VTTI Energy Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Zacks Investment Research downgraded shares of VTTI Energy Partners from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 13th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $19.50.

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About VTTI Energy Partners

VTTI Energy Partners LP provides terminaling services for third party companies engaged in the production, processing, distribution and marketing of refined petroleum products and crude oil. The Company operates through the segment of energy storage terminaling business. Its assets consist of approximately 42.6% interest in VTTI MLP B.V., which owns a portfolio of over six terminals with over 400 tanks and approximately 35.7 million barrels of refined petroleum product and crude oil storage capacity located in Europe, the Middle East, Asia and North America.

Institutional Ownership by Quarter for VTTI Energy Partners (NYSE:VTTI)

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