Filing Buzzer: Parker Karman D Just Disclosed New Arc Logistics Partners Lp Position

Filing Buzzer: Parker Karman D Just Disclosed New Arc Logistics Partners Lp Position

The New Parker Karman D Holding in Arc Logistics Partners Lp

Parker Karman D filed with the SEC SC 13G form for Arc Logistics Partners Lp. The form can be accessed here: 000114036116087931. As reported in Parker Karman D’s form, the filler as of late owns 5.6% or 1,088,076 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 Parker Karman D’s positive view for the stock.

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 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

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.

Citigroup accumulated 0% or 6,463 shares. California Employees Retirement Sys has 0% invested in the company for 22,800 shares. Hite Hedge Asset Mngmt Ltd Liability Corporation last reported 99,330 shares in the company. Cohen & Steers accumulated 103,693 shares or 0% of the stock. Goldman Sachs accumulated 0% or 739,072 shares. Jpmorgan Chase And holds 8,572 shares or 0% of its portfolio. Advisory Rech holds 0.12% or 542,595 shares in its portfolio. Walleye Trading Ltd Liability, a Minnesota-based fund reported 5,800 shares. Comml Bank Of America De last reported 0% of its portfolio in the stock. Renaissance Tech Limited Liability Company holds 45,700 shares or 0% of its portfolio. Raymond James Fincl Serv reported 40,800 shares or 0.01% of all its holdings. Toronto Dominion Natl Bank holds 826 shares or 0% of its portfolio. Kayne Anderson Advisors Lp last reported 3.72M shares in the company. The Texas-based Salient Cap Ltd has invested 0.16% in Arc Logistics Partners LP (NYSE:ARCX). Magnetar Fincl Ltd Llc has 572,635 shares for 0.14% of their US portfolio.

Analysts await Arc Logistics Partners LP (NYSE:ARCX) to report earnings on March, 9. They expect $0.26 EPS, up 100.00% or $0.13 from last year’s $0.13 per share. ARCX’s profit will be $5.18M for 13.99 P/E if the $0.26 EPS becomes a reality. After $0.22 actual EPS reported by Arc Logistics Partners LP for the previous quarter, Wall Street now forecasts 18.18% EPS growth.

About 24,080 shares traded hands. Arc Logistics Partners LP (NYSE:ARCX) has risen 16.44% since April 25, 2016 and is uptrending. It has outperformed by 10.43% 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 $289.86 million. The Firm is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. It has a 15.44 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 17.80% above today’s ($14.55) stock price. Arc Logistics has been the topic of 13 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, May 20 by Citigroup. As per Friday, August 5, the company rating was downgraded by Stifel Nicolaus. The rating was maintained by Citigroup with “Buy” on Tuesday, March 15. Stifel Nicolaus maintained Arc Logistics Partners LP (NYSE:ARCX) rating on Friday, May 6. Stifel Nicolaus has “Buy” rating and $13 price target. The firm earned “Equal Weight” rating on Monday, January 11 by Barclays Capital. The firm earned “Buy” rating on Monday, November 7 by Stifel Nicolaus. The rating was upgraded by Seaport Global on Friday, May 6 to “Buy”. The stock of Arc Logistics Partners LP (NYSE:ARCX) has “Equal-Weight” rating given on Monday, March 14 by Barclays Capital. On Tuesday, November 17 the stock rating was initiated by DA Davidson with “Buy”.

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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