GSA Capital Partners LLP lowered its holdings in shares of Alon USA Partners, LP (NYSE:ALDW) by 21.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 60,162 shares of the oil and gas company’s stock after selling 16,170 shares during the period. GSA Capital Partners LLP owned about 0.10% of Alon USA Partners, worth $630,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in ALDW. Acrospire Investment Management LLC grew its holdings in shares of Alon USA Partners, by 683.7% during the 2nd quarter. Acrospire Investment Management LLC now owns 9,514 shares of the oil and gas company’s stock valued at $100,000 after purchasing an additional 8,300 shares during the last quarter. Russell Investments Group Ltd. bought a new position in shares of Alon USA Partners, during the 2nd quarter valued at $173,000. Acadian Asset Management LLC bought a new position in shares of Alon USA Partners, during the 2nd quarter valued at $544,000. Bank of New York Mellon Corp grew its holdings in shares of Alon USA Partners, by 0.6% during the 1st quarter. Bank of New York Mellon Corp now owns 271,529 shares of the oil and gas company’s stock valued at $2,487,000 after purchasing an additional 1,528 shares during the last quarter. Finally, HITE Hedge Asset Management LLC grew its holdings in shares of Alon USA Partners, by 41.2% during the 2nd quarter. HITE Hedge Asset Management LLC now owns 388,875 shares of the oil and gas company’s stock valued at $4,075,000 after purchasing an additional 113,470 shares during the last quarter. 5.26% of the stock is currently owned by institutional investors.

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Several equities research analysts have weighed in on ALDW shares. TheStreet raised shares of Alon USA Partners, from a “c” rating to a “b-” rating in a research report on Friday, July 28th. Citigroup Inc. reissued a “buy” rating and set a $13.00 price target on shares of Alon USA Partners, in a research report on Wednesday, August 2nd. Barclays PLC reissued an “equal weight” rating and set a $12.00 price target on shares of Alon USA Partners, in a research report on Wednesday, July 5th. BidaskClub raised shares of Alon USA Partners, from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. Finally, ValuEngine raised shares of Alon USA Partners, from a “sell” rating to a “hold” rating in a research report on Monday, September 18th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $12.25.

In other Alon USA Partners, news, VP Shai Even sold 2,937 shares of the business’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $11.50, for a total transaction of $33,775.50. Following the transaction, the vice president now owns 4,263 shares in the company, valued at $49,024.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Alon USA Partners, LP (NYSE:ALDW) opened at 11.73 on Friday. The stock has a market cap of $733.47 million, a PE ratio of 16.38 and a beta of 1.04. The firm’s 50-day moving average is $11.28 and its 200 day moving average is $10.66. Alon USA Partners, LP has a 12 month low of $7.63 and a 12 month high of $12.72.

Alon USA Partners, (NYSE:ALDW) last posted its quarterly earnings data on Thursday, July 27th. The oil and gas company reported $0.35 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.07). Alon USA Partners, had a net margin of 2.20% and a return on equity of 40.06%. The firm had revenue of $521.75 million for the quarter, compared to the consensus estimate of $436.80 million. During the same quarter last year, the firm earned $0.02 EPS. On average, equities analysts predict that Alon USA Partners, LP will post $1.38 EPS for the current year.

Alon USA Partners, Company Profile

Alon USA Partners, LP (Alon) is engaged principally in the business of operating a crude oil refinery in Big Spring, Texas. The Company had a crude oil throughput capacity of 73,000 barrels per day, which the Company referred to as its Big Spring refinery, as of December 31, 2016. The Company refines crude oil into finished products, which the Company markets primarily in Central and West Texas, Oklahoma, New Mexico and Arizona through its integrated wholesale distribution network to retail convenience stores and other third-party distributors.

Institutional Ownership by Quarter for Alon USA Partners, (NYSE:ALDW)

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