Shares of the company are trading at $52.13 a tad above the 50 day moving average which is $48.98 and which is marginally over the 200 day moving average of $51.13. The 50 day moving average was up $3.15 or +6.42% and the 200 day average was up $1.00. Trading volume for Tesoro Logistics LP Common Unit was 0 on Wednesday. Trading volume was down nan% under the stocks average daily volume.
Additionally, here are a few investment firms who have increased or decreased their stake in (TLLP). Center Coast Capital Advisors, Lp reduced its position by shedding 299,592 shares a decrease of 4.9%. Center Coast Capital Advisors, Lp claims 5,765,784 shares valued at $298,033,000. The value of the position overall is down by 9.8%. As of the end of the quarter Spot Trading L.l.c had disposed of 5,300 shares trimming its position 69.7%. The value of the company’s investment in Tesoro Logistics LP Common Unit decreased from $386,000 to $125,000 a change of $261,000 since the last quarter.
As of quarter end Jane Street Group, LLC had bought a total of 34,316 shares growing its holdings by 123.1%. The value in dollars went from $1,519,000 to $3,215,000 a change of 111.7% for the reporting period. As of quarter end Ubs Group Ag had disposed of 38,500 shares trimming its stake by 2.8%. The value of the total investment in Tesoro Logistics LP Common Unit went from $76,070,000 to $70,197,000 decreasing 7.7% quarter to quarter.
The company is now up by 0.25% since yesterday’s close of $52.13. Additionally the company recently announced a dividend for shareholders paid on Monday the 14th of August 2017. The dividend was $0.940 per share for the quarter which comes to $3.76 on an annualized basis. This dividend represents a yield of $7.21 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Wednesday the 3rd of May 2017.
Tesoro Logistics LP (TLLP), launched on December 3, 2010, is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments: Gathering, Processing, and Terminalling and Transportation. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region. Its Processing segment consists of the Vermillion processing complex, the Uinta Basin processing complex, the Blacks Fork processing complex and the Emigrant Trail processing complex. Its Terminalling and Transportation segment consists of the Northwest Products Pipeline, which includes a regulated common carrier products; a regulated common carrier refined products pipeline system connecting Tesoro Corporation’s (Tesoro’s) Kenai refinery to Anchorage, Alaska, and crude oil and refined products terminals and storage facilities in the western and midwestern United States; marine terminals in California; a petroleum coke handling and storage facility in Los Angeles, and other pipelines..