Institutional Investor Sentiment About PBF Logistics LP (NYSE:PBFX) Up

June 18, 2018 - By Henry Gaston

PBF Logistics LP (NYSE:PBFX) Logo

Sentiment for PBF Logistics LP (NYSE:PBFX)

PBF Logistics LP (NYSE:PBFX) institutional sentiment decreased to 0.41 in 2018 Q1. Its down -1.03, from 1.44 in 2017Q4. The ratio has dropped, as 11 institutional investors increased or started new stock positions, while 27 sold and reduced equity positions in PBF Logistics LP. The institutional investors in our partner’s database reported: 13.45 million shares, down from 14.04 million shares in 2017Q4. Also, the number of institutional investors holding PBF Logistics LP in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 20 Increased: 7 New Position: 4.

PBF Logistics LP owns, leases, acquires, develops, and operates crude oil and refined petroleum products terminals, pipelines, storage facilities, and other logistics assets in the United States. The company has market cap of $896.25 million. It operates through two divisions, Transportation and Terminaling, and Storage. It has a 10.38 P/E ratio. The companyÂ’s assets include Delaware City rail unloading terminal, a light crude oil rail unloading terminal, which serves Delaware City and Paulsboro refineries; Toledo truck terminal, a crude oil truck unloading terminal that serves Toledo refinery; DCR West Rack, a heavy crude oil unloading facility, which serves Delaware City refinery; and a terminaling facility that consists of 27 propane storage bullets and a truck loading facility.

The stock increased 0.95% or $0.2 during the last trading session, reaching $21.35. About 42,280 shares traded. PBF Logistics LP (NYSE:PBFX) has declined 1.50% since June 18, 2017 and is downtrending. It has underperformed by 14.07% the S&P500.

Analysts await PBF Logistics LP (NYSE:PBFX) to report earnings on August, 2. They expect $0.49 earnings per share, 0.00 % or $0.00 from last year’s $0.49 per share. PBFX’s profit will be $20.57 million for 10.89 P/E if the $0.49 EPS becomes a reality. After $0.43 actual earnings per share reported by PBF Logistics LP for the previous quarter, Wall Street now forecasts 13.95 % EPS growth.

Nbw Capital Llc holds 2.1% of its portfolio in PBF Logistics LP for 364,346 shares. Green Square Capital Llc owns 138,981 shares or 0.4% of their US portfolio. Moreover, Advisory Research Inc has 0.3% invested in the company for 908,288 shares. The Pennsylvania-based Harvest Fund Advisors Llc has invested 0.28% in the stock. Arrow Investment Advisors Llc, a Maryland-based fund reported 32,646 shares.

Since January 1, 0001, it had 1 insider purchase, and 0 selling transactions for $13,358 activity.

More news for PBF Logistics LP (NYSE:PBFX) were recently published by: Prnewswire.com, which released: “PBF Energy to Attend the Wells Fargo West Coast Energy Conference” on June 08, 2018. Prnewswire.com‘s article titled: “PBF Energy to Attend the 2018 JP Morgan Energy Conference” and published on June 15, 2018 is yet another important article.

PBF Logistics LP (NYSE:PBFX) Institutional Positions Chart

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