Valero Energy Partners (VLP) Given New $40.50 Price Target at Citigroup

04 May, 2018, 09:21 | Author: Brooke Harris

The hedge fund held 2.60M shares of the business services company at the end of 2017Q4, valued at $296.81 million, up from 2.58M at the end of the previous reported quarter. Woodstock Corp who had been investing in Fortinet Inc for a number of months, seems to be bullish on the $9.28B market cap company. LLC now owns 175,376 shares of the pipeline company's stock worth $7,804,000 after buying an additional 2,191 shares during the last quarter. About 6.41M shares traded. It has outperformed by 3.38% the S&P500. (CVS) by 11.02% based on its latest 2017Q4 regulatory filing with the SEC. Usca Ria Llc sold 38,437 shares as the company's stock rose 1.25% while stock markets declined. The pipeline company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The stock price volatility for last week at the close of regular trading was 1.45%, pushing the figure for the whole month to now reaching 1.95%. The company's stock had a trading volume of 7,476 shares, compared to its average volume of 121,430. Piper Jaffray maintained Valero Energy Corporation (NYSE:VLO) on Friday, May 26 with "Neutral" rating. The stock outperformed the S&P500 by 27.77%.

During Q4 2017 the big money sentiment decreased to 0.98. Its down 0.16, from 0.88 in 2017Q3. Sq Advisors Llc, a Florida-based fund reported 6.11 million shares.

Among 22 analysts covering Valero Energy Corporation (NYSE:VLO), 9 have Buy rating, 0 Sell and 13 Hold. Ubs Oconnor Limited Liability has invested 0.03% in Valero Energy Corporation (NYSE:VLO). Exxonmobil Inv Mngmt Tx reported 69,577 shares. 1,005 are held by Catalyst Capital.

Valero Energy Partners (NYSE:VLP) last released its quarterly earnings data on Thursday, April 26th. Tph Asset Ltd Liability owns 285,977 shares for 1.26% of their portfolio. Iat Reinsurance Communication Ltd invested 0.07% of its portfolio in Avnet, Inc. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company's stock. It also reduced Idexx Labs Inc (NASDAQ:IDXX) stake by 18,536 shares and now owns 4,180 shares.

Presently, the 14-day ADX for Valero Energy Partners LP (NYSE:VLP) is 29.94. Parametric Port Associate Ltd owns 0.01% invested in SemGroup Corporation (NYSE:SEMG) for 217,373 shares. Rampart Investment Mgmt Limited Liability Corp reported 5,417 shares.

Which Market Offer More Value? - Regions Financial Corporation (RF), QUALCOMM Incorporated (QCOM)
Bank Of Montreal decreased Generac Hldgs Inc (NYSE:GNRC) stake by 10,494 shares to 338,403 valued at $16.76 million in 2017Q4. Bokf increased Progressive Corp Ohio (NYSE:PGR) stake by 43,183 shares to 156,215 valued at $8.80 million in 2017Q4.

Since December 13, 2017, it had 0 insider purchases, and 2 insider sales for $23.55 million activity. The latest exchange of 0.1 Million shares is below its average trading activity of 129.78 Million shares.

Valero Energy Corporation (NYSE:VLO) now has a 14-day Commodity Channel Index (CCI) of 127.2. Therefore 33% are positive.

Analysts on average have given a price target of $101.68 to Valero Energy Corporation (VLO) stock. In Thursday, February 1 report Cowen & Co maintained it with "Buy" rating and $100.0 target. Mizuho maintained the stock with "Buy" rating in Monday, March 26 report. Jefferies has "Hold" rating and $78.0 target. The firm has "Hold" rating given on Thursday, September 28 by RBC Capital Markets. ValuEngine downgraded shares of Valero Energy Partners from a hold rating to a sell rating in a report on Wednesday. The company now has an average rating of "Hold" and an average price target of $48.32. As per Monday, May 16, the company rating was downgraded by Tudor Pickering. Macquarie Research initiated the shares of VLO in report on Friday, July 24 with "Outperform" rating. The firm has "Buy" rating given on Wednesday, June 15 by Suntrust Robinson. Market cap is just a fancy name for a straightforward concept: it is the market value of a company's outstanding shares. It also increased its holding in Ishares Tr (LQD) by 61,917 shares in the quarter, for a total of 127,641 shares, and has risen its stake in Ppl Corp (NYSE:PPL).

Investors sentiment increased to 1.05 in 2017 Q4. Its down 0.26, from 1.17 in 2017Q3. It dropped, as 39 investors sold CTAS shares while 185 reduced holdings. 53 funds opened positions while 97 raised stakes. Citadel Ltd Limited Liability Company holds 888,487 shares or 0.02% of its portfolio. Cambridge Advsr holds 51,473 shares. (NYSE:AVT). Geode Mngmt Llc accumulated 1.02M shares. The relative volume of the stock is 1, while its market cap is $48.27 Billion. Massachusetts Fin Svcs Ma reported 852,881 shares stake. Advisors Asset reported 97,107 shares.

Cabot Wealth Management Inc, which manages about $552.75M and $462.48 million US Long portfolio, upped its stake in Schwab Strategic Tr (SCHF) by 12,670 shares to 572,937 shares, valued at $19.52 million in 2017Q4, according to the filing. The Nebraska-based Ameritas Invest Ptnrs Inc has invested 0.01% in SemGroup Corporation (NYSE:SEMG). (NYSE:T) for 210,070 shares. 4,250 are owned by Buffington Mohr Mcneal. Augustine Asset stated it has 23,175 shares or 0.51% of all its holdings. The fund bought 4,570 shares of the pipeline company's stock, valued at approximately $203,000. Whalerock Point Ptnrs Limited Com has 65,425 shares for 2.36% of their portfolio.

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