Filing Buzzer: Arc Logistics Partners Lp: Lightfoot Captial Partners Opened Big New Position

Filing Buzzer: Arc Logistics Partners Lp: Lightfoot Captial Partners Opened Big New Position

The New Lightfoot Captial Partners Holding in Arc Logistics Partners Lp

Lightfoot Captial Partners filed with the SEC SC 13D form for Arc Logistics Partners Lp. The form can be accessed here: 000119312516772399. As reported in Lightfoot Captial Partners’s form, the filler as of late owns 26.8% or 5,214,881 shares of the Energy–company.

Arc Logistics Partners Lp stake is a new one for the and it was filed because of activity on November 16, 2016. We feel this shows Lightfoot Captial Partners’s positive view for the stock.

Reasons Why Lightfoot Captial Partners Bought – Arc Logistics Partners Lp Stock

Purpose of Transaction

The acquisitions of Common Units by the Reporting Persons wereundertaken for investment purposes. LCP GP owns a 100% limited liability company interest in the General Partner.

(a) The ReportingPersons and the managers and Series A Members of LCP GP intend to review their investment in the Issuer, if any, on a continuing basis and, depending upon the price of and other market conditions relating to the Common Units or other securities ofthe Issuer, subsequent developments affecting the Issuer, the Issuer’s business and prospects, other investment and business opportunities available to the Reporting Persons and the managers and Series A Members of LCP GP, general stock marketand economic conditions, tax considerations, and other factors deemed relevant, may decide to increase or decrease the size of their investment in the Issuer.

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(b)-(j) The Reporting Persons and the managers and Series A Members of LCP GP have no plans orproposals which relate to, or could result in, any of the matters referred to in paragraphs (b)through (j)inclusive of Item 4 of the Schedule 13D.The Reporting Persons and the managers and Series A Members of LCP GP may, at anytime and from time to time, review or reconsider their position, change their purpose or formulate plans or proposals with respect thereto.

Arc Logistics Partners Lp Institutional Sentiment

Latest Security and Exchange filings show 23 investors own Arc Logistics Partners Lp. The institutional ownership in Q3 2015 is low, at 69.44% of the outstanding shares. This is increased by 1138846 the total institutional shares. 9180284 were the shares owned by these institutional investors. In total 6 funds opened new Arc Logistics Partners Lp stakes, 5 increased stakes. There were 4 that closed positions and 5 reduced them.

Salient Capital Advisors Llc is an institutional investor bullish on Arc Logistics Partners Lp, owning 720835 shares as of Q3 2015 for 0.24% of its portfolio. Hite Hedge Asset Management Llc owns 33093 shares or 0.18% of its portfolio. CA Triangle Peak Partners Lp have 2.93% of their stock portfolio for 120554 shares. Further, Kayne Anderson Capital Advisors Lp reported stake worth 0.58% of its US stock portfolio. The TX Eagle Global Advisors Llc owns 415288 shares. Arc Logistics Partners Lp is 0.18% of the manager’s US portfolio.

Business Profile

Arc Logistics Partners LP owns, operates, develops and acquires a portfolio of complementary energy logistics assets. The Company 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 Company operates through terminal and transloading facilities segment. The Company’s energy logistics assets are located in the East Coast, Gulf Coast, Midwest, Rocky Mountains and West Coast regions of the United States, and supply a group of third-party customers, including oil companies, independent refiners, crude oil and petroleum product marketers, distributors and various industrial manufacturers.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.43 in Q2 2016. Its down 0.32, from 0.75 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.

Tower Research Capital Ltd Liability Corp (Trc) reported 3,028 shares or 0% of all its holdings. The California-based Wells Fargo Com Mn has invested 0% in Arc Logistics Partners LP (NYSE:ARCX). Citigroup Inc reported 6,463 shares or 0% of all its holdings. Hite Hedge Asset Mgmt Limited Liability Company holds 0.53% of its portfolio in Arc Logistics Partners LP (NYSE:ARCX) for 99,330 shares. Eagle Glob Ltd Liability Corporation last reported 0.13% of its portfolio in the stock. Cohen & Steers last reported 0% of its portfolio in the stock. The New York-based Goldman Sachs Gp Incorporated has invested 0% in Arc Logistics Partners LP (NYSE:ARCX). Advisory Research last reported 542,595 shares in the company. California Pub Employees Retirement System last reported 22,800 shares in the company. Kayne Anderson Capital Ltd Partnership holds 3.72M shares or 0.54% of its portfolio. Walleye Trading Lc has invested 0% of its portfolio in Arc Logistics Partners LP (NYSE:ARCX). Toronto Dominion Financial Bank holds 0% of its portfolio in Arc Logistics Partners LP (NYSE:ARCX) for 826 shares. Moreover, Deutsche Bank & Trust Ag has 0% invested in Arc Logistics Partners LP (NYSE:ARCX) for 79,200 shares. Bancshares Of America Corporation De holds 0% of its portfolio in Arc Logistics Partners LP (NYSE:ARCX) for 236,789 shares. Morgan Stanley accumulated 0% or 125,066 shares.

The stock increased 0.40% or $0.06 on November 18, hitting $14.56. About 24,215 shares traded hands. Arc Logistics Partners LP (NYSE:ARCX) has risen 30.16% since April 18, 2016 and is uptrending. It has outperformed by 25.73% 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 $279.09 million. The Firm is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. It has a 15.45 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.

Arc Logistics Partners LP (NYSE:ARCX) Ratings Coverage

Out of 7 analysts covering Arc Logistics (NYSE:ARCX), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. $24 is the highest target while $11 is the lowest. The $17.14 average target is 17.72% above today’s ($14.56) stock price. Arc Logistics has been the topic of 13 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Arc Logistics Partners LP (NYSE:ARCX) has “Buy” rating given on Tuesday, March 15 by Citigroup. The rating was downgraded by Barclays Capital on Monday, January 11 to “Equal Weight”. The company was upgraded on Friday, May 6 by Seaport Global. The firm has “Equal-Weight” rating given on Monday, March 14 by Barclays Capital. The firm has “Buy” rating given on Tuesday, November 17 by DA Davidson. The firm earned “Buy” rating on Monday, November 7 by Stifel Nicolaus. The firm has “Hold” rating by Stifel Nicolaus given on Friday, August 5. The rating was maintained by Stifel Nicolaus on Friday, May 6 with “Buy”. Citigroup maintained Arc Logistics Partners LP (NYSE:ARCX) rating on Friday, May 20. Citigroup has “Buy” rating and $13 price target.

More notable recent Arc Logistics Partners LP (NYSE:ARCX) news were published by: Globenewswire.com which released: “Arc Logistics Partners LP Announces Third Quarter 2016 Results” on November 03, 2016, also Reuters.com with their article: “BRIEF-Arc Logistics Partners LP announces Q3 results” published on November 03, 2016, Marketwatch.com published: “Arc Logistics upgraded to buy from hold at Stifel Nicolaus” on November 20, 2013. More interesting news about Arc Logistics Partners LP (NYSE:ARCX) were released by: Globenewswire.com and their article: “Arc Logistics Partners LP Announces Quarterly Distribution, Second Quarter …” published on July 28, 2016 as well as Globenewswire.com‘s news article titled: “Arc Logistics Partners LP Announces Quarterly Distribution, Third Quarter 2016 …” with publication date: October 05, 2015.

According to Zacks Investment Research, “Arc Logistics Partners LP is principally engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products. It owns, operates, develops and acquires a portfolio of complementary energy logistics assets. Arc Logistics Partners LP is based in New York.”

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.

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