Virtu KCG Holdings LLC Has $178,000 Holdings in Aegean Marine Petroleum Network Inc. (ANW)

Virtu KCG Holdings LLC grew its position in shares of Aegean Marine Petroleum Network Inc. (NYSE:ANW) by 107.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,364 shares of the oil and gas company’s stock after purchasing an additional 15,746 shares during the period. Virtu KCG Holdings LLC owned 0.08% of Aegean Marine Petroleum Network worth $178,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. MML Investors Services LLC boosted its stake in shares of Aegean Marine Petroleum Network by 68.8% during the 2nd quarter. MML Investors Services LLC now owns 41,857 shares of the oil and gas company’s stock worth $245,000 after purchasing an additional 17,065 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Aegean Marine Petroleum Network by 107.8% during the 2nd quarter. Northern Trust Corp now owns 31,785 shares of the oil and gas company’s stock worth $187,000 after purchasing an additional 16,489 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Aegean Marine Petroleum Network by 65.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,668,192 shares of the oil and gas company’s stock worth $15,609,000 after purchasing an additional 1,058,187 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Aegean Marine Petroleum Network by 47.8% during the 2nd quarter. Wells Fargo & Company MN now owns 113,712 shares of the oil and gas company’s stock worth $665,000 after purchasing an additional 36,762 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Aegean Marine Petroleum Network by 77.8% during the 2nd quarter. Franklin Resources Inc. now owns 930,000 shares of the oil and gas company’s stock worth $5,441,000 after purchasing an additional 407,000 shares during the last quarter. 69.92% of the stock is currently owned by institutional investors.

ANW has been the topic of several recent analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $9.00 price objective on shares of Aegean Marine Petroleum Network in a report on Friday, July 21st. Clarkson Capital upgraded shares of Aegean Marine Petroleum Network from a “neutral” rating to a “buy” rating and set a $6.00 price objective on the stock in a report on Friday, August 11th. Jefferies Group LLC reiterated a “buy” rating and set a $8.00 price objective on shares of Aegean Marine Petroleum Network in a report on Friday, August 11th. Zacks Investment Research upgraded shares of Aegean Marine Petroleum Network from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th. Finally, ValuEngine lowered shares of Aegean Marine Petroleum Network from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $7.67.

Aegean Marine Petroleum Network Inc. (NYSE ANW) opened at 4.45 on Monday. The stock’s 50 day moving average is $4.60 and its 200 day moving average is $6.30. Aegean Marine Petroleum Network Inc. has a one year low of $4.00 and a one year high of $13.10. The stock has a market capitalization of $180.82 million, a price-to-earnings ratio of 6.45 and a beta of 2.25.

Aegean Marine Petroleum Network (NYSE:ANW) last released its earnings results on Thursday, August 10th. The oil and gas company reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.10. Aegean Marine Petroleum Network had a return on equity of 7.97% and a net margin of 0.56%. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the business posted $0.32 EPS. The business’s revenue for the quarter was up 45.9% on a year-over-year basis. On average, equities analysts forecast that Aegean Marine Petroleum Network Inc. will post $0.46 EPS for the current year.

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Aegean Marine Petroleum Network Company Profile

Aegean Marine Petroleum Network Inc is an international marine fuel logistics company. The Company markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea and on rivers. As a physical supplier, the Company procures marine fuel from refineries, oil producers and other sources, and resells and delivers these fuels from its bunkering vessels to a range of end users.

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Institutional Ownership by Quarter for Aegean Marine Petroleum Network (NYSE:ANW)

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