Citigroup Trims Valero Energy Partners (VLP) Target Price to $37.00

Share

Chatham Capital Group Inc sold 12,300 shares as the company's stock declined 17.41% with the market. The stock decreased 2.37% or $4.22 during the last trading session, reaching $173.62. About 3.20 million shares traded. TriMas Corporation (NASDAQ:TRS) has risen 20.81% since April 20, 2017 and is uptrending. It has outperformed by 15.18% the S&P500. Oak Assoc Limited Oh has 0.74% invested in Valero Energy Corporation (NYSE:VLO). Great West Life Assurance Can holds 0.34% or 1.57M shares. It also reduced its holding in Spdr S&P 500 Etf Tr (SPY) by 1,626 shares in the quarter, leaving it with 1,485 shares, and cut its stake in Chevron Corp New (NYSE:CVX).

Valero Energy announced that its board has authorized a share buyback program on Tuesday, January 23rd that permits the company to buyback $2.50 billion in shares. The stock has been active on the tape, now trading at $108.20, up from yesterday's close by 0.61%. About 1.90 million shares traded. As of late, investors have been taking notice of Valero Energy Corporation (NYSE:VLO) shares. It has outperformed by 27.77% the S&P500.

Investors sentiment decreased to 0.71 in 2017 Q4. That's change of 0.02, from 2017Q3's 1.

Several institutional investors and hedge funds have recently bought and sold shares of VLO. 331.76 million shares or 3.27% less from 342.98 million shares in 2017Q3 were reported. SunTrust maintained Caesars Entertainment Corporation (NASDAQ:CZR) on Monday, February 5 with "Buy" rating. South Texas Money Mngmt holds 3,573 shares or 0.02% of its portfolio. British Columbia Invest Mngmt Corporation has invested 0.22% in Valero Energy Corporation (NYSE:VLO). Caisse De Depot Et Placement Du Quebec reported 307,700 shares stake. Security Savings Bank Of Sioux City Iowa Ia holds 16,087 shares. Private Advisor Limited Liability Company holds 52,048 shares. Livforsakringsbolaget Skandia Omsesidigt stated it has 52,737 shares or 0.46% of all its holdings. Arvest Fincl Bank Trust Division owns 115,297 shs for 0.74% of their capital. During the same period in the previous year, the business earned $0.60 earnings per share.

Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. Cadence Cap Mngmt Ltd Co invested in 0.75% or 98,792 shares. Robeco Institutional Asset Mgmt Bv, Netherlands-based fund reported 599,020 shares.

Out of 8 Wall Street analysts rating Valero Energy Partners, 5 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". Therefore 31% are positive. Scotiabank restated a "buy" rating and set a $93.00 price objective on shares of Valero Energy in a report on Friday, December 22nd. Deutsche Bank maintained the shares of MA in report on Friday, May 26 with "Buy" rating. Citigroup now has a neutral rating on the pipeline company's stock. The firm has "Overweight" rating given on Thursday, September 8 by Barclays Capital. The company was initiated on Friday, October 9 by IBC.

Valero Energy Corporation (VLO) stock price distance from twenty day simple moving average surged at 11.24% while its distance from fifty day simple moving average raised 13.49% along with 28.66% above distance from two hundred simple moving averages. Intrust Bank & Trust Na holds 0.4% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 14,527 shares. The firm has "Hold" rating by Piper Jaffray given on Sunday, January 21. The company was downgraded on Wednesday, April 11 by Scotia Capital. The stock has "Buy" rating by SunTrust on Thursday, October 26.

Since December 13, 2017, it had 0 insider buys, and 2 sales for $23.55 million activity. Thompson Siegel And Walmsley Limited Liability Co owns 0.05% invested in Valero Energy Corporation (NYSE:VLO) for 46,422 shares.

Chatham Capital Group Inc, which manages about $394.80M and $363.45 million US Long portfolio, upped its stake in Jpmorgan Chase & Co (AMJ) by 29,342 shares to 266,052 shares, valued at $7.31M in 2017Q4, according to the filing. It also increased its holding in Emqq by 5,440 shares in the quarter, for a total of 13,740 shares, and has risen its stake in Has (NASDAQ:HAS).

20 analysts on average are expecting Valero Energy Corporation to report earnings of $2.37 per share for the current quarter. The company's quarterly revenue was up 27.4% compared to the same quarter last year. analysts predict that Valero Energy will post 7.13 earnings per share for the current fiscal year. VLP's profit will be $47.35M for 15.17 P/E if the $0.67 EPS becomes a reality. Valero Energy Partners reported sales of $105.82 million in the same quarter last year, which indicates a positive year over year growth rate of 21%.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.02, from 1 in 2017Q3. It dived, as 63 investors sold PEP shares while 712 reduced holdings. 74 funds opened positions while 161 raised stakes. 341,341 were reported by Clifford Swan Investment Counsel Ltd. Sii Investments Wi invested 0.19% of its portfolio in PepsiCo, Inc. (NASDAQ:AAPL) for 32,146 shares. Archford Strategies Limited Com invested in 1.32% or 20,887 shares. Americafirst Capital Management LLC now owns 2,181 shares of the oil and gas company's stock worth $145,000 after buying an additional 703 shares during the period. Perella Weinberg Capital Mngmt Lp owns 56,775 shares or 0.92% of their U.S. portfolio. Tradewinds Management Ltd Company accumulated 234 shares. 19,650 were accumulated by Anderson Hoagland &. Loudon Inv Management has 14,603 shares for 1.02% of their portfolio.

Shares of Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT) have seen the needle move 4.49% in the most recent session. Omers Administration Corporation holds 77,700 shares or 0.07% of its portfolio. Massachusetts-based Amundi Pioneer Asset has invested 1.16% in PepsiCo, Inc. (NASDAQ:AAPL). Bowen Hanes And Inc holds 1.92% of its portfolio in Apple Inc. This's net activity of $23.55 million. 69,491 shares were sold by SCHILLER PHILIP W, worth $11.56M.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Share