Alps Advisors Inc. Takes Position in Western Refining Logistics, LP (WNRL)

Alps Advisors Inc. bought a new stake in Western Refining Logistics, LP (NYSE:WNRL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,525 shares of the pipeline company’s stock, valued at approximately $478,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mizuho Securities USA LLC bought a new stake in shares of Western Refining Logistics, during the 3rd quarter worth about $349,000. Tower Research Capital LLC TRC bought a new stake in shares of Western Refining Logistics, during the 2nd quarter worth about $323,000. Virtu KCG Holdings LLC bought a new stake in shares of Western Refining Logistics, during the 2nd quarter worth about $617,000. Citadel Advisors LLC boosted its stake in shares of Western Refining Logistics, by 197.0% during the 2nd quarter. Citadel Advisors LLC now owns 10,960 shares of the pipeline company’s stock worth $281,000 after acquiring an additional 22,260 shares in the last quarter. Finally, Uniplan Investment Counsel Inc. boosted its stake in shares of Western Refining Logistics, by 8.3% during the 2nd quarter. Uniplan Investment Counsel Inc. now owns 222,067 shares of the pipeline company’s stock worth $5,696,000 after acquiring an additional 17,000 shares in the last quarter. Hedge funds and other institutional investors own 40.12% of the company’s stock.

Several research firms have recently issued reports on WNRL. BidaskClub downgraded Western Refining Logistics, from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 25th. Zacks Investment Research upgraded Western Refining Logistics, from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 17th.

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Western Refining Logistics, LP (NYSE WNRL) opened at $23.85 on Monday. Western Refining Logistics, LP has a 12-month low of $18.85 and a 12-month high of $26.85. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 3.91.

Western Refining Logistics, Company Profile

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.

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Institutional Ownership by Quarter for Western Refining Logistics, (NYSE:WNRL)

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