Cullen Frost Bankers Has Lifted Its Holding in Valero Energy New Com (VLO) as Shares Declined; Croft-Leominster Has Trimmed Mgp Ingredients New (MGPI) Stake by $690,000

January 14, 2018 - By Adrian Erickson

Cullen Frost Bankers Inc increased its stake in Valero Energy Corp New Com (VLO) by 3.72% based on its latest 2017Q3 regulatory filing with the SEC. Cullen Frost Bankers Inc bought 9,999 shares as the company’s stock declined 2.47% while stock markets rallied. The institutional investor held 278,858 shares of the integrated oil company at the end of 2017Q3, valued at $21.45M, up from 268,859 at the end of the previous reported quarter. Cullen Frost Bankers Inc who had been investing in Valero Energy Corp New Com for a number of months, seems to be bullish on the $42.34 billion market cap company. The stock increased 2.33% or $2.2 during the last trading session, reaching $96.75. About 2.87M shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since January 14, 2017 and is uptrending. It has underperformed by 1.41% the S&P500.

Croft-Leominster Inc decreased its stake in Mgp Ingredients Inc New (MGPI) by 71.88% based on its latest 2017Q3 regulatory filing with the SEC. Croft-Leominster Inc sold 11,500 shares as the company’s stock rose 22.02% with the market. The institutional investor held 4,500 shares of the consumer non-durables company at the end of 2017Q3, valued at $272,000, down from 16,000 at the end of the previous reported quarter. Croft-Leominster Inc who had been investing in Mgp Ingredients Inc New for a number of months, seems to be less bullish one the $1.26 billion market cap company. The stock decreased 1.50% or $1.15 during the last trading session, reaching $75.41. About 95,290 shares traded. MGP Ingredients, Inc. (NASDAQ:MGPI) has risen 102.52% since January 14, 2017 and is uptrending. It has outperformed by 85.82% the S&P500.

Since August 17, 2017, it had 0 buys, and 4 selling transactions for $2.27 million activity.

Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.39, from 0.93 in 2017Q2. It improved, as 8 investors sold MGPI shares while 33 reduced holdings. 17 funds opened positions while 37 raised stakes. 16.40 million shares or 1.83% more from 16.10 million shares in 2017Q2 were reported. Loomis Sayles & Communications Limited Partnership reported 0.02% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI). Envestnet Asset Mngmt Incorporated invested in 5,706 shares or 0% of the stock. Citigroup has invested 0% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI). Driehaus Capital Limited Liability Com has 117,447 shares for 0.28% of their portfolio. Waddell Reed Financial Inc holds 0.01% or 69,523 shares in its portfolio. Great West Life Assurance Can, a Manitoba – Canada-based fund reported 1,300 shares. Moreover, Suffolk Capital Limited Liability Corp has 0.16% invested in MGP Ingredients, Inc. (NASDAQ:MGPI). Walthausen & Llc reported 227,650 shares. Alps Advsr accumulated 8,059 shares. Parametric Port Ltd Limited Liability Company stated it has 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). State Board Of Administration Of Florida Retirement System reported 0% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI). Kennedy Capital Mngmt, a Missouri-based fund reported 112,422 shares. Alliancebernstein Lp stated it has 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). Retail Bank Of Mellon invested 0% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI). Us Bankshares De owns 2,330 shares for 0% of their portfolio.

Among 3 analysts covering MGP Ingredients (NASDAQ:MGPI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. MGP Ingredients had 3 analyst reports since May 25, 2016 according to SRatingsIntel. The stock of MGP Ingredients, Inc. (NASDAQ:MGPI) has “Buy” rating given on Wednesday, February 1 by Sidoti. The stock of MGP Ingredients, Inc. (NASDAQ:MGPI) has “Buy” rating given on Wednesday, May 25 by Craig Hallum.

Croft-Leominster Inc, which manages about $892.29M and $422.62M US Long portfolio, upped its stake in Newell Brands Inc (NYSE:NWL) by 68,528 shares to 152,741 shares, valued at $6.52 million in 2017Q3, according to the filing. It also increased its holding in Lowe’s Companies (NYSE:LOW) by 4,504 shares in the quarter, for a total of 60,521 shares, and has risen its stake in Analog Devices Inc (NASDAQ:ADI).

Analysts await MGP Ingredients, Inc. (NASDAQ:MGPI) to report earnings on March, 14. They expect $0.49 earnings per share, up 2.08% or $0.01 from last year’s $0.48 per share. MGPI’s profit will be $8.19M for 38.47 P/E if the $0.49 EPS becomes a reality. After $0.38 actual earnings per share reported by MGP Ingredients, Inc. for the previous quarter, Wall Street now forecasts 28.95% EPS growth.

Since September 6, 2017, it had 0 insider purchases, and 5 insider sales for $27.57 million activity. 53,012 shares were sold by CISKOWSKI MICHAEL S, worth $3.86 million.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.19, from 1.19 in 2017Q2. It worsened, as 46 investors sold VLO shares while 310 reduced holdings. 97 funds opened positions while 258 raised stakes. 342.98 million shares or 0.60% less from 345.06 million shares in 2017Q2 were reported. 5,804 were reported by Karp Management. Hanseatic accumulated 608 shares or 0.05% of the stock. Tci Wealth Advisors accumulated 793 shares or 0.03% of the stock. Gradient Invests Llc holds 0.52% or 106,742 shares in its portfolio. Aqr Mgmt Limited Liability Company invested in 1.98M shares or 0.18% of the stock. Greenwood Associates Ltd Llc reported 27,140 shares. Of Vermont owns 752 shares for 0.01% of their portfolio. 286 were accumulated by Farmers Merchants Inc. Wade G W & reported 4,499 shares or 0.04% of all its holdings. Illinois-based Blair William Il has invested 0.02% in Valero Energy Corporation (NYSE:VLO). Baldwin Brothers Inc Ma reported 500 shares or 0.01% of all its holdings. Mcf Limited Liability Corp stated it has 921 shares. Highstreet Asset Mgmt stated it has 18,702 shares. Metropolitan Life holds 0.1% or 209,886 shares. Wells Fargo & Co Mn stated it has 0.06% of its portfolio in Valero Energy Corporation (NYSE:VLO).

Among 22 analysts covering Valero Energy Corporation (NYSE:VLO), 10 have Buy rating, 0 Sell and 12 Hold. Therefore 45% are positive. Valero Energy Corporation had 64 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Deutsche Bank on Wednesday, January 4 to “Hold”. The company was maintained on Thursday, December 21 by Scotia Capital. Citigroup maintained the shares of VLO in report on Wednesday, October 18 with “Buy” rating. On Friday, January 29 the stock rating was maintained by RBC Capital Markets with “Outperform”. Bank of America downgraded the stock to “Neutral” rating in Monday, August 24 report. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, April 26. JP Morgan downgraded Valero Energy Corporation (NYSE:VLO) on Friday, October 6 to “Neutral” rating. RBC Capital Markets maintained Valero Energy Corporation (NYSE:VLO) rating on Wednesday, December 20. RBC Capital Markets has “Buy” rating and $102.0 target. The firm has “Buy” rating given on Monday, July 17 by Citigroup. The company was downgraded on Monday, April 11 by Credit Suisse.

Cullen Frost Bankers Inc, which manages about $3.05 billion US Long portfolio, decreased its stake in Cvs Health Corp Com (NYSE:CVS) by 12,357 shares to 42,758 shares, valued at $3.48M in 2017Q3, according to the filing. It also reduced its holding in Disney (Walt) Company Holding (NYSE:DIS) by 81,700 shares in the quarter, leaving it with 248,234 shares, and cut its stake in Procter & Gamble Co Com (NYSE:PG).

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