Is Valero Energy Partners LP (NYSE:VLP) Going to Burn These Institutional Investors?

June 16, 2018 - By Michael Collier

Sentiment for Valero Energy Partners LP (NYSE:VLP)

Valero Energy Partners LP (NYSE:VLP) institutional sentiment increased to 1.57 in 2018 Q1. Its up 0.67, from 0.9 in 2017Q4. The ratio has increased, as 47 investment managers increased or started new positions, while 30 sold and decreased stakes in Valero Energy Partners LP. The investment managers in our partner’s database now have: 19.22 million shares, down from 19.75 million shares in 2017Q4. Also, the number of investment managers holding Valero Energy Partners LP in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 24 Increased: 29 New Position: 18.

Valero Energy Partners LP owns, operates, develops, and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets in the United States. The company has market cap of $2.78 billion. The Company’s assets consists of the Port Arthur logistics system, the McKee logistics system, the Memphis logistics system, the Three Rivers logistics system, the Ardmore logistics system, the Houston logistics system, the St. It has a 14.2 P/E ratio. Charles logistics system, the Corpus Christi logistics system, and the Meraux logistics system located in the Gulf Coast and Mid-Continent regions of the United States.

The stock decreased 1.13% or $0.45 during the last trading session, reaching $39.36. About 905,034 shares traded or 684.44% up from the average. Valero Energy Partners LP (NYSE:VLP) has declined 11.79% since June 16, 2017 and is downtrending. It has underperformed by 24.36% the S&P500.

Analysts await Valero Energy Partners LP (NYSE:VLP) to report earnings on July, 27. They expect $0.68 earnings per share, down 1.45 % or $0.01 from last year’s $0.69 per share. VLP’s profit will be $48.06 million for 14.47 P/E if the $0.68 EPS becomes a reality. After $0.72 actual earnings per share reported by Valero Energy Partners LP for the previous quarter, Wall Street now forecasts -5.56 % negative EPS growth.

Samson Capital Management Llc holds 7.13% of its portfolio in Valero Energy Partners LP for 162,728 shares. Spirit Of America Management Corp Ny owns 443,240 shares or 2.06% of their US portfolio. Moreover, Nbw Capital Llc has 1.92% invested in the company for 173,725 shares. The Kansas-based Tortoise Capital Advisors L.L.C. has invested 1.63% in the stock. Chickasaw Capital Management Llc, a Tennessee-based fund reported 1.65 million shares.

Valero Energy Partners LP (NYSE:VLP) Ratings Coverage

Ratings analysis reveals 67% of Valero Energy Partners’s analysts are positive. Out of 9 Wall Street analysts rating Valero Energy Partners, 6 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $37 while the high is $63.0. The stock’s average target of $48.44 is 23.07% above today’s ($39.36) share price. VLP was included in 13 notes of analysts from January 5, 2018. Barclays Capital maintained the shares of VLP in report on Monday, February 5 with “Equal-Weight” rating. The firm earned “Neutral” rating on Tuesday, March 27 by Citigroup. As per Monday, March 26, the company rating was maintained by Mizuho. The stock of Valero Energy Partners LP (NYSE:VLP) has “Buy” rating given on Tuesday, January 16 by RBC Capital Markets. The firm earned “Buy” rating on Monday, February 5 by SunTrust. As per Tuesday, April 17, the company rating was maintained by Barclays Capital. On Wednesday, January 17 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. Citigroup maintained it with “Neutral” rating and $40.5 target in Wednesday, May 2 report. The firm earned “Buy” rating on Wednesday, January 24 by Jefferies. The rating was maintained by SunTrust on Sunday, April 22 with “Buy”.

More recent Valero Energy Partners LP (NYSE:VLP) news were published by: Globenewswire.com which released: “Report: Exploring Fundamental Drivers Behind Schweitzer-Mauduit International, Valero Energy Partners LP, One …” on May 25, 2018. Also Nasdaq.com published the news titled: “Valero Energy Partners to Announce Second Quarter 2018 Earnings Results on July 26, 2018” on May 27, 2018. Fool.com‘s news article titled: “This Is One Impressive Dividend Growth Stock” with publication date: June 09, 2018 was also an interesting one.

Valero Energy Partners LP (NYSE:VLP) Institutional Positions Chart

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