TIAA CREF Investment Management LLC raised its stake in VTTI Energy Partners LP (NYSE:VTTI) by 230.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 106,874 shares of the oil and gas company’s stock after buying an additional 74,521 shares during the quarter. TIAA CREF Investment Management LLC owned about 0.23% of VTTI Energy Partners worth $2,100,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in VTTI. Chicago Capital Management LLC bought a new position in VTTI Energy Partners in the second quarter valued at approximately $19,892,000. Vivaldi Asset Management LLC bought a new position in VTTI Energy Partners in the second quarter valued at approximately $9,180,000. Bank of Montreal Can bought a new position in VTTI Energy Partners in the second quarter valued at approximately $8,607,000. Morgan Stanley lifted its stake in VTTI Energy Partners by 89.7% in the first quarter. Morgan Stanley now owns 618,759 shares of the oil and gas company’s stock valued at $11,756,000 after buying an additional 292,651 shares in the last quarter. Finally, Mizuho Securities USA LLC lifted its stake in VTTI Energy Partners by 833.5% in the second quarter. Mizuho Securities USA LLC now owns 165,000 shares of the oil and gas company’s stock valued at $3,242,000 after buying an additional 147,325 shares in the last quarter. 74.49% of the stock is currently owned by hedge funds and other institutional investors.
A number of research analysts have weighed in on VTTI shares. BidaskClub raised shares of VTTI Energy Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Zacks Investment Research lowered shares of VTTI Energy Partners from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $19.50.
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VTTI Energy Partners Company Profile
VTTI Energy Partners LP provides terminaling services for third party companies engaged in the production, processing, distribution and marketing of refined petroleum products and crude oil. The Company operates through the segment of energy storage terminaling business. Its assets consist of approximately 42.6% interest in VTTI MLP B.V., which owns a portfolio of over six terminals with over 400 tanks and approximately 35.7 million barrels of refined petroleum product and crude oil storage capacity located in Europe, the Middle East, Asia and North America.
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