PBF Logistics LP (PBFX) Analysts See $0.61 EPS; Walleye Trading Has Decreased Genesis Energy LP (Call) (GEL) Stake By $764,400

January 14, 2018 - By Dolores Ford

Walleye Trading Llc decreased Genesis Energy LP (Call) (GEL) stake by 80.33% reported in 2017Q3 SEC filing. Walleye Trading Llc sold 29,400 shares as Genesis Energy LP (Call) (GEL)’s stock declined 7.73%. The Walleye Trading Llc holds 7,200 shares with $190,000 value, down from 36,600 last quarter. Genesis Energy LP (Call) now has $3.11 billion valuation. The stock increased 0.36% or $0.09 during the last trading session, reaching $25.36. About 1.12M shares traded or 41.10% up from the average. Genesis Energy, L.P. (NYSE:GEL) has declined 14.17% since January 14, 2017 and is downtrending. It has underperformed by 30.87% the S&P500.

Analysts expect PBF Logistics LP (NYSE:PBFX) to report $0.61 EPS on February, 15.They anticipate $0.04 EPS change or 7.02% from last quarter’s $0.57 EPS. PBFX’s profit would be $25.56 million giving it 8.81 P/E if the $0.61 EPS is correct. After having $0.63 EPS previously, PBF Logistics LP’s analysts see -3.17% EPS growth. The stock increased 0.94% or $0.2 during the last trading session, reaching $21.5. About 48,272 shares traded. PBF Logistics LP (NYSE:PBFX) has declined 6.31% since January 14, 2017 and is downtrending. It has underperformed by 23.01% the S&P500.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.37, from 1.18 in 2017Q2. It dropped, as 25 investors sold GEL shares while 44 reduced holdings. 20 funds opened positions while 36 raised stakes. 87.79 million shares or 1.92% less from 89.51 million shares in 2017Q2 were reported. The Illinois-based Advisory Research Inc has invested 1.24% in Genesis Energy, L.P. (NYSE:GEL). Keybank National Association Oh owns 26,880 shares. 329,325 are held by Argent Trust. Td Mgmt Ltd Company invested in 315 shares or 0% of the stock. Tarbox Family Office reported 0.01% stake. Groesbeck Investment Corp Nj holds 0.31% or 16,423 shares in its portfolio. Moreover, Hap Trading Limited Liability has 0.01% invested in Genesis Energy, L.P. (NYSE:GEL) for 11,828 shares. Fifth Third Financial Bank reported 0% stake. Cincinnati Insurance holds 60,879 shares. Envestnet Asset Mgmt Inc holds 197 shares. Invesco Limited reported 14,288 shares stake. Whittier has 462 shares for 0% of their portfolio. Us State Bank De owns 0% invested in Genesis Energy, L.P. (NYSE:GEL) for 7,953 shares. Kayne Anderson Capital Advisors Ltd Partnership holds 0.12% of its portfolio in Genesis Energy, L.P. (NYSE:GEL) for 357,000 shares. Cushing Asset Management Ltd Partnership accumulated 1.47M shares.

Among 14 analysts covering Genesis Energy LP (NYSE:GEL), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Genesis Energy LP had 38 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underweight” rating given on Tuesday, July 18 by Barclays Capital. The firm has “Hold” rating by RBC Capital Markets given on Monday, September 25. The firm earned “Buy” rating on Friday, September 25 by Wunderlich. On Friday, October 13 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. On Friday, January 15 the stock rating was downgraded by Wells Fargo to “Market Perform”. Wells Fargo downgraded Genesis Energy, L.P. (NYSE:GEL) on Wednesday, January 11 to “Market Perform” rating. RBC Capital Markets maintained Genesis Energy, L.P. (NYSE:GEL) rating on Sunday, August 20. RBC Capital Markets has “Hold” rating and $34.0 target. Credit Suisse downgraded the stock to “Neutral” rating in Friday, November 4 report. The company was downgraded on Friday, February 17 by CapitalOne. The rating was downgraded by Wells Fargo on Monday, January 18 to “Market Perform”.

Analysts await Genesis Energy, L.P. (NYSE:GEL) to report earnings on February, 15. They expect $0.36 earnings per share, up 89.47% or $0.17 from last year’s $0.19 per share. GEL’s profit will be $44.13M for 17.61 P/E if the $0.36 EPS becomes a reality. After $0.22 actual earnings per share reported by Genesis Energy, L.P. for the previous quarter, Wall Street now forecasts 63.64% EPS growth.

Since December 19, 2017, it had 1 insider buy, and 0 sales for $334,800 activity. $334,800 worth of Genesis Energy, L.P. (NYSE:GEL) was bought by JASTROW KENNETH M II.

Walleye Trading Llc increased Automatic Data Processing In (Put) (NASDAQ:ADP) stake by 121,700 shares to 140,000 valued at $15.31M in 2017Q3. It also upped Brocade Communications Sys I (NASDAQ:BRCD) stake by 630,895 shares and now owns 635,495 shares. Tucows Inc (Call) (NASDAQ:TCX) was raised too.

Among 4 analysts covering PBF Logistics (NYSE:PBFX), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. PBF Logistics had 9 analyst reports since July 31, 2015 according to SRatingsIntel. Raymond James initiated the stock with “Outperform” rating in Thursday, April 21 report. UBS maintained PBF Logistics LP (NYSE:PBFX) rating on Tuesday, October 17. UBS has “Buy” rating and $24 target. The stock has “Neutral” rating by Credit Suisse on Monday, October 26. The firm has “Equal Weight” rating given on Monday, January 11 by Barclays Capital. The rating was downgraded by Credit Suisse to “Neutral” on Tuesday, October 13. Barclays Capital maintained the shares of PBFX in report on Friday, February 12 with “Equal Weight” rating. Credit Suisse maintained PBF Logistics LP (NYSE:PBFX) on Friday, July 31 with “Outperform” rating.

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 $900.74 million. It operates through two divisions, Transportation and Terminaling, and Storage. It has a 9.23 P/E ratio. The company??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.

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