Jeff Stevens the director of Andeavor Logistics LP (ANDX), Obtained 11,980 Shares of the Company; Gofen & Glossberg Raised By $463,986 Its Blackrock (BLK) Position

Gofen & Glossberg Llc increased Blackrock (BLK) stake by 16.86% reported in 2017Q3 SEC filing. Gofen & Glossberg Llc acquired 1,038 shares as Blackrock (BLK)’s stock rose 1.17%. The Gofen & Glossberg Llc holds 7,196 shares with $3.22 million value, up from 6,158 last quarter. Blackrock now has $91.03 billion valuation. The stock increased 2.59% or $14.22 during the last trading session, reaching $563.97. About 639,590 shares traded or 6.25% up from the average. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since February 27, 2017 and is uptrending. It has underperformed by 4.51% the S&P500.

Jeff Stevens who right now serves as the director of Andeavor Logistics Lp not a long ago bought 11,980 shares of the Texas-based company. The new insider trade has $575,062 USD total value, at an average share price of $48.0. This purchase took place on February 26, 2018. A document submitted with the Security Exchange Commission and is available here, provides details of the purchase. Jeff Stevens has ownership of roughly 0.11% of Andeavor Logistics Lp’s total market capitalization or 250,150 shares.

Andeavor Logistics LP owns, operates, develops, and acquires logistics assets related to crude oil and refined products in the United States. The company has market cap of $10.57 billion. It operates in three divisions: Gathering, Processing, and Terminalling and Transportation. It has a 22.84 P/E ratio. The Gathering segment includes natural gas and crude oil pipeline gathering systems in the Bakken Shale/Williston Basin area of North Dakota and Montana; and the Green River Basin, Uinta Basin, and Vermillion Basin in the states of Utah, Colorado, and Wyoming.

Analysts await Andeavor Logistics LP (NYSE:ANDX) to report earnings on May, 14. They expect $0.73 EPS, up 43.14% or $0.22 from last year’s $0.51 per share. ANDX’s profit will be $160.09 million for 16.50 P/E if the $0.73 EPS becomes a reality. After $0.52 actual EPS reported by Andeavor Logistics LP for the previous quarter, Wall Street now forecasts 40.38% EPS growth.

Among 9 analysts covering Tesoro Logistics (NYSE:ANDX), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Tesoro Logistics has $64.0 highest and $41.0 lowest target. $56’s average target is 16.21% above currents $48.19 stock price. Tesoro Logistics had 13 analyst reports since August 10, 2017 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, September 11 with “Buy”. The stock has “Hold” rating by Jefferies on Monday, November 20. The company was maintained on Thursday, August 10 by Barclays Capital. The firm has “Hold” rating by Jefferies given on Monday, October 16. The stock of Andeavor Logistics LP (NYSE:ANDX) earned “Buy” rating by Bank of America on Wednesday, August 16. Mitsubishi UFJ upgraded the stock to “Buy” rating in Wednesday, August 16 report. RBC Capital Markets maintained the shares of ANDX in report on Sunday, October 15 with “Buy” rating. The firm has “Neutral” rating given on Friday, August 11 by Credit Suisse. As per Friday, November 10, the company rating was maintained by Barclays Capital. The stock has “Hold” rating by Mizuho on Thursday, November 9.

The stock decreased 0.58% or $0.28 during the last trading session, reaching $48.19. About 372,059 shares traded. Andeavor Logistics LP (NYSE:ANDX) has 0.00% since February 27, 2017 and is . It has underperformed by 16.70% the S&P500.

Gofen & Glossberg Llc decreased Novartis Ag Adr (NYSE:NVS) stake by 5,678 shares to 253,090 valued at $21.73 million in 2017Q3. It also reduced Coca (NYSE:KO) stake by 19,121 shares and now owns 518,555 shares. Nvidia (NASDAQ:NVDA) was reduced too.