Valero Energy Partners LP (VLP) Can’t Burn Your Short Portfolio. Just Reaches 52 Week Low

March 14, 2018 - By Peter Erickson

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.17, from 0.72 in 2017Q2. It increased, as 10 investors sold Valero Energy Partners LP shares while 26 reduced holdings. 7 funds opened positions while 25 raised stakes. 20.12 million shares or 2.93% less from 20.72 million shares in 2017Q2 were reported.
Barnett has invested 0.04% in Valero Energy Partners LP (NYSE:VLP). Spirit Of America New York, a New York-based fund reported 424,190 shares. Atlantic Trust Gp Ltd Liability Co stated it has 342,168 shares. Barclays Public Limited holds 80,931 shares or 0% of its portfolio. Wells Fargo And Mn has 0% invested in Valero Energy Partners LP (NYSE:VLP) for 176,788 shares. 2,870 are held by Pnc Fincl Gru Incorporated. Botty Invsts Ltd, a Illinois-based fund reported 5,904 shares. Estabrook Cap holds 0.01% in Valero Energy Partners LP (NYSE:VLP) or 2,036 shares. Blackrock accumulated 219,995 shares or 0% of the stock. California Public Employees Retirement Sys holds 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP) for 11,439 shares. Deutsche State Bank Ag reported 0.01% in Valero Energy Partners LP (NYSE:VLP). 11,043 were reported by Alps Advsrs. Diversified Tru Comm reported 0.05% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Hightower Advsrs Lc reported 102,425 shares. Glob X Co Limited Liability holds 0.21% in Valero Energy Partners LP (NYSE:VLP) or 173,185 shares.

The stock of Valero Energy Partners LP (NYSE:VLP) hit a new 52-week low and has $35.64 target or 5.00 % below today’s $37.52 share price. The 6 months bearish chart indicates high risk for the $2.65 billion company. The 1-year low was reported on Mar, 14 by If the $35.64 price target is reached, the company will be worth $132.60 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 2.14% or $0.82 during the last trading session, reaching $37.52. About 45,131 shares traded. Valero Energy Partners LP (NYSE:VLP) has risen 4.06% since March 14, 2017 and is uptrending. It has underperformed by 12.64% the S&P500.

Analysts await Valero Energy Partners LP (NYSE:VLP) to report earnings on April, 27. They expect $0.68 EPS, down 5.56 % or $0.04 from last year’s $0.72 per share. VLP’s profit will be $48.06 million for 13.79 P/E if the $0.68 EPS becomes a reality. After $0.71 actual EPS reported by Valero Energy Partners LP for the previous quarter, Wall Street now forecasts -4.23 % negative EPS growth.

Valero Energy Partners LP (NYSE:VLP) Ratings Coverage

Among 14 analysts covering Valero Energy Partners LP (NYSE:VLP), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Valero Energy Partners LP had 40 analyst reports since August 6, 2015 according to SRatingsIntel. As per Monday, February 5, the company rating was maintained by SunTrust. The stock of Valero Energy Partners LP (NYSE:VLP) earned “Outperform” rating by Raymond James on Thursday, April 21. The stock has “Buy” rating by RBC Capital Markets on Monday, October 30. Barclays Capital maintained it with “Overweight” rating and $60 target in Friday, August 7 report. RBC Capital Markets maintained Valero Energy Partners LP (NYSE:VLP) rating on Tuesday, January 16. RBC Capital Markets has “Buy” rating and $63.0 target. The stock of Valero Energy Partners LP (NYSE:VLP) has “Buy” rating given on Friday, September 30 by Mizuho. ValuEngine upgraded the stock to “Buy” rating in Friday, May 26 report. Credit Suisse initiated the shares of VLP in report on Monday, October 26 with “Neutral” rating. As per Friday, October 27, the company rating was maintained by Mizuho. The stock of Valero Energy Partners LP (NYSE:VLP) has “Buy” rating given on Friday, May 26 by Citigroup.

More news for Valero Energy Partners LP (NYSE:VLP) were recently published by:, which released: “Valero Energy Partners LP (VLP) Files 10-K for the Fiscal Year Ended on …” on February 22, 2018.‘s article titled: “Valero to Purchase SemLogistics Milford Haven Fuel Storage Facility” and published on February 23, 2018 is yet another important article.

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 $2.65 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 13.52 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.

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