Sprague Resources (SRLP) is Upgraded by Raymond James to Outperform

Sprague Resources (SRLP) is Upgraded by Raymond James to Outperform , according to the research report released to the investors. Earlier the firm had a rating of Mkt Perform on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

Sprague Resources LP is up 7.52% in the last 3-month period. Year-to-Date the stock performance stands at -7.03%.

Sprague Resources LP (NYSE:SRLP) has lost 0.54% during the past week and dropped 7.05% in the last 4 weeks. The shares have outperformed the S&P 500 by 0.29% in the past week but underperformed the index by 4.88% in the last 4 weeks.

Shares of Sprague Resources LP (NYSE:SRLP) ended Thursday session in red amid volatile trading. The shares closed down 0.27 points or 1.32% at $20.17 with 137,440 shares getting traded. Post opening the session at $20.3245, the shares hit an intraday low of $20 and an intraday high of $20.45 and the price vacillated in this range throughout the day. The company has a market cap of $425 million and the number of outstanding shares have been calculated to be 21,083,726 shares. The 52-week high of Sprague Resources LP (NYSE:SRLP) is $28.8999 and the 52-week low is $17.1461.

Institutional Investors own 58.26% of Sprague Resources LP shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Vice President, Natural Gas) of Sprague Resources Lp, Weego Brian W. had sold 2,500 shares worth of $63,750 in a transaction dated March 23, 2015. In this transaction, 2,500 shares were sold at $25.5 per share.

BLDRS Developed Markets 100 ADR Index Fund (the Fund) is an exchange-traded fund based on the BNY Mellon Developed Markets 100 ADR Index (the Index). The Fund normally holds at least 95% of its total assets in depositary receipts that comprise the Index. The Index is capitalization-weighted and designed to track the performance of approximately 100 developed market-based depositary receipts. The Fund is rebalanced and reconstituted quarterly. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities. Invesco PowerShares Capital Management LLC is the sponsor of the Fund and The Bank of New York Mellon is the trustee.