Fort Washington Investment Advisors Has Lifted Prologis Reit (PLD) Stake; Harvest Fund Advisors Has Upped By $464,400 Its Pbf Logistics LP (PBFX) Stake

August 1, 2017 - By Ellis Scott

Fort Washington Investment Advisors Inc increased Prologis Inc Reit (PLD) stake by 50.79% reported in 2016Q4 SEC filing. Fort Washington Investment Advisors Inc acquired 6,400 shares as Prologis Inc Reit (PLD)’s stock rose 10.06%. The Fort Washington Investment Advisors Inc holds 19,000 shares with $1.00M value, up from 12,600 last quarter. Prologis Inc Reit now has $32.51 billion valuation. The stock rose 0.53% or $0.32 reaching $61.13 per share. About 851,376 shares traded. Prologis Inc (NYSE:PLD) has risen 18.74% since August 1, 2016 and is uptrending. It has outperformed by 2.04% the S&P500.

Harvest Fund Advisors Llc increased Pbf Logistics Lp (PBFX) stake by 2.11% reported in 2016Q4 SEC filing. Harvest Fund Advisors Llc acquired 25,800 shares as Pbf Logistics Lp (PBFX)’s stock declined 3.58%. The Harvest Fund Advisors Llc holds 1.25 million shares with $22.70M value, up from 1.22 million last quarter. Pbf Logistics Lp now has $851.73M valuation. The stock rose 0.25% or $0.05 reaching $20.35 per share. About 51,900 shares traded. PBF Logistics LP (NYSE:PBFX) has declined 6.31% since August 1, 2016 and is downtrending. It has underperformed by 23.01% the S&P500.

Investors sentiment decreased to 0.79 in Q4 2016. Its down 0.98, from 1.77 in 2016Q3. It is negative, as 6 investors sold PBFX shares while 18 reduced holdings. 6 funds opened positions while 13 raised stakes. 18.28 million shares or 2.38% less from 18.72 million shares in 2016Q3 were reported. Nuveen Asset Mgmt Ltd accumulated 0.02% or 173,410 shares. 93,371 are owned by Salient Advsrs Ltd. Meristem Limited Liability Partnership accumulated 10,000 shares. Raymond James And Assoc invested in 0% or 21,306 shares. Bamco owns 800,000 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt invested 0.05% in PBF Logistics LP (NYSE:PBFX). 1.25 million were accumulated by Harvest Fund Advisors Ltd. Moreover, Barclays Public Limited Company has 0% invested in PBF Logistics LP (NYSE:PBFX). Goldman Sachs Group Inc holds 0.01% or 2.11M shares. Advantus Capital invested in 0.05% or 111,196 shares. Massachusetts-based Wellington Management Group Llp has invested 0% in PBF Logistics LP (NYSE:PBFX). Nbw Capital Ltd Llc owns 365,895 shares or 1.91% of their US portfolio. Atlantic Trust Gru Ltd reported 733,045 shares or 0.09% of all its holdings. Bb&T Corp stated it has 10,000 shares. Metropolitan Life Ins accumulated 201,390 shares.

Among 3 analysts covering PBF Logistics (NYSE:PBFX), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. PBF Logistics had 7 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Thursday, April 21 by Raymond James. The firm has “Neutral” rating by Credit Suisse given on Tuesday, October 13. As per Friday, February 12, the company rating was maintained by Barclays Capital. The stock of PBF Logistics LP (NYSE:PBFX) has “Equal Weight” rating given on Monday, January 11 by Barclays Capital. Credit Suisse maintained PBF Logistics LP (NYSE:PBFX) on Friday, July 31 with “Outperform” rating. The stock of PBF Logistics LP (NYSE:PBFX) has “Neutral” rating given on Monday, October 26 by Credit Suisse.

Since May 31, 2017, it had 1 insider purchase, and 0 selling transactions for $14,565 activity. Jones Bruce A. also bought $14,565 worth of PBF Logistics LP (NYSE:PBFX) on Wednesday, May 31.

Harvest Fund Advisors Llc decreased Rice Midstream Partners Lp stake by 105,729 shares to 7.28M valued at $178.93 million in 2016Q4. It also reduced Macquarie Infrastructure Cor (NYSE:MIC) stake by 24,810 shares and now owns 3.14 million shares. Phillips 66 (NYSE:PSX) was reduced too.

Fort Washington Investment Advisors Inc decreased Celgene Corp (NASDAQ:CELG) stake by 3,979 shares to 84,466 valued at $9.78M in 2016Q4. It also reduced Targa Resources Corp (NYSE:TRGP) stake by 15,240 shares and now owns 179,760 shares. Summit Midstream Partners Lp Limited Partners (NYSE:SMLP) was reduced too.