BidaskClub cut shares of Western Refining Logistics, LP (NYSE:WNRL) from a hold rating to a sell rating in a research note published on Wednesday.

Separately, Zacks Investment Research raised Western Refining Logistics, from a strong sell rating to a hold rating in a research note on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. Western Refining Logistics, currently has an average rating of Hold and a consensus target price of $28.75.

Shares of Western Refining Logistics, (NYSE:WNRL) opened at 24.95 on Wednesday. The firm has a market cap of $1.52 billion, a P/E ratio of 20.10 and a beta of 0.80. Western Refining Logistics, has a 52 week low of $18.85 and a 52 week high of $26.85. The stock has a 50 day moving average of $25.00 and a 200 day moving average of $25.16.

Western Refining Logistics, (NYSE:WNRL) last posted its earnings results on Tuesday, August 8th. The pipeline company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.11). The firm had revenue of $627.51 million during the quarter, compared to the consensus estimate of $602.22 million. Western Refining Logistics, had a net margin of 3.05% and a return on equity of 78.84%. Western Refining Logistics,’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.33 earnings per share. Equities analysts forecast that Western Refining Logistics, will post $1.22 earnings per share for the current year.

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Several hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new stake in shares of Western Refining Logistics, in the second quarter valued at about $323,000. Virtu KCG Holdings LLC acquired a new stake in shares of Western Refining Logistics, in the second quarter valued at about $617,000. Citadel Advisors LLC increased its stake in shares of Western Refining Logistics, by 197.0% in the second quarter. Citadel Advisors LLC now owns 10,960 shares of the pipeline company’s stock valued at $281,000 after buying an additional 22,260 shares during the period. Uniplan Investment Counsel Inc. increased its stake in shares of Western Refining Logistics, by 8.3% in the second quarter. Uniplan Investment Counsel Inc. now owns 222,067 shares of the pipeline company’s stock valued at $5,696,000 after buying an additional 17,000 shares during the period. Finally, Atlantic Trust Group LLC increased its stake in shares of Western Refining Logistics, by 18.2% in the second quarter. Atlantic Trust Group LLC now owns 1,725,766 shares of the pipeline company’s stock valued at $44,266,000 after buying an additional 265,327 shares during the period. 40.49% of the stock is owned by institutional investors.

About Western Refining Logistics,

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’s segments include logistics and wholesale.

Analyst Recommendations for Western Refining Logistics, (NYSE:WNRL)

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