Valero Energy Partners (VLP) Stock Rating Reaffirmed by Barclays; The $41 Target Indicates 0.49% Potential; Waters Parkerson & Company Upped Pfizer (PFE) Stake By $429,876

April 17, 2018 - By Michael Collier

Pfizer Inc. (NYSE:PFE) Logo

Waters Parkerson & Company increased Pfizer Incorporated (PFE) stake by 3.25% reported in 2017Q4 SEC filing. Waters Parkerson & Company acquired 11,941 shares as Pfizer Incorporated (PFE)’s stock declined 3.13%. The Waters Parkerson & Company holds 379,593 shares with $13.75 million value, up from 367,652 last quarter. Pfizer Incorporated now has $216.02 billion valuation. The stock decreased 0.59% or $0.215 during the last trading session, reaching $36.315. About 9.48 million shares traded. Pfizer Inc. (NYSE:PFE) has risen 2.43% since April 17, 2017 and is uptrending. It has underperformed by 9.12% the S&P500.

In an analyst note issued on Tuesday morning, Valero Energy Partners (NYSE:VLP) stock “Equal-Weight” was kept by Analysts at Barclays. They currently have a $41 target on the stock. Barclays’s target would indicate a potential upside of 0.49% from the company’s last stock price.

The stock increased 1.32% or $0.53 during the last trading session, reaching $40.8. About 159,633 shares traded or 22.65% up from the average. Valero Energy Partners LP (NYSE:VLP) has declined 26.85% since April 17, 2017 and is downtrending. It has underperformed by 38.40% the S&P500.

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 $2.88 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 14.7 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.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.01, from 0.89 in 2017Q3. It increased, as 10 investors sold Valero Energy Partners LP shares while 31 reduced holdings. 17 funds opened positions while 20 raised stakes. 19.75 million shares or 1.81% less from 20.12 million shares in 2017Q3 were reported. Diversified invested 0.03% in Valero Energy Partners LP (NYSE:VLP). Tph Asset Management Limited Company owns 1.26% invested in Valero Energy Partners LP (NYSE:VLP) for 285,977 shares. New York-based Estabrook Management has invested 0.01% in Valero Energy Partners LP (NYSE:VLP). 74,521 were accumulated by Hightower Advsrs Lc. Country Club Na owns 9,727 shares. Glenmede Trust Co Na holds 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP) for 4,500 shares. Guggenheim Cap Ltd Llc reported 6,886 shares or 0% of all its holdings. 5.67M are owned by Tortoise Cap Advsr Ltd. Nbw Cap Ltd Llc holds 2.04% or 174,377 shares. 12,439 were accumulated by California Employees Retirement Sys. Moreover, Atlantic Gp Lc has 0.04% invested in Valero Energy Partners LP (NYSE:VLP). Mai Capital reported 150,119 shares stake. Metropolitan Life Insur Co Ny reported 0.06% stake. Retail Bank Of Mellon Corporation reported 11,225 shares. Renaissance Techs Ltd Liability Com has 57,100 shares for 0% of their portfolio.

Analysts await Valero Energy Partners LP (NYSE:VLP) to report earnings on April, 26 before the open. They expect $0.67 earnings per share, down 6.94% or $0.05 from last year’s $0.72 per share. VLP’s profit will be $47.36M for 15.22 P/E if the $0.67 EPS becomes a reality. After $0.71 actual earnings per share reported by Valero Energy Partners LP for the previous quarter, Wall Street now forecasts -5.63% negative EPS growth.

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 has $100 highest and $37 lowest target. $51.62’s average target is 26.52% above currents $40.8 stock price. Valero Energy Partners LP had 42 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Valero Energy Partners LP (NYSE:VLP) has “Buy” rating given on Monday, October 9 by RBC Capital Markets. The firm has “Buy” rating by Suntrust Robinson given on Thursday, September 24. The stock of Valero Energy Partners LP (NYSE:VLP) earned “Buy” rating by Jefferies on Wednesday, August 23. Mizuho maintained the shares of VLP in report on Monday, March 26 with “Buy” rating. The stock of Valero Energy Partners LP (NYSE:VLP) has “Buy” rating given on Thursday, October 26 by SunTrust. The rating was maintained by Barclays Capital with “Overweight” on Friday, August 7. The stock has “Overweight” rating by JP Morgan on Tuesday, March 13. Jefferies downgraded the stock to “Hold” rating in Tuesday, March 7 report. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, February 5. The firm has “Buy” rating by Mizuho given on Friday, September 30.

Since December 15, 2017, it had 0 insider purchases, and 12 insider sales for $12.99 million activity. The insider JOHNSON RADY A sold 8,000 shares worth $296,560. $986,292 worth of Pfizer Inc. (NYSE:PFE) was sold by HILL CHARLES H on Wednesday, February 28. CORNWELL W DON had sold 1,758 shares worth $64,679. LANKLER DOUGLAS M sold 50,000 shares worth $1.84 million. $249,750 worth of Pfizer Inc. (NYSE:PFE) was sold by MACKENZIE ALEXANDER R on Friday, December 15. Dolsten Mikael had sold 69,699 shares worth $2.55 million. 33,368 Pfizer Inc. (NYSE:PFE) shares with value of $1.24 million were sold by SUSMAN SALLY.

Investors sentiment increased to 1.06 in Q4 2017. Its up 0.10, from 0.96 in 2017Q3. It improved, as 51 investors sold PFE shares while 675 reduced holdings. 134 funds opened positions while 632 raised stakes. 4.07 billion shares or 0.28% more from 4.06 billion shares in 2017Q3 were reported. Schroder Inv Group reported 0.8% in Pfizer Inc. (NYSE:PFE). 11.48M were accumulated by Mackenzie Corporation. Stanley reported 0.77% in Pfizer Inc. (NYSE:PFE). Old Point Services N A owns 86,364 shares or 1.69% of their US portfolio. Adams Diversified Equity Fund reported 702,940 shares. Loudon Investment Mgmt Ltd holds 1.91% in Pfizer Inc. (NYSE:PFE) or 69,707 shares. Jolley Asset Mngmt Ltd Limited Liability Company accumulated 123,416 shares. Sit Inv Associates Inc holds 0.85% or 988,120 shares in its portfolio. Moreover, Heartland Incorporated has 0.69% invested in Pfizer Inc. (NYSE:PFE). Yorktown Management & Research Co, a Virginia-based fund reported 55,900 shares. Mcdaniel Terry And accumulated 15,994 shares. Moreover, Nomura has 0.03% invested in Pfizer Inc. (NYSE:PFE). Davis R M Inc holds 0.09% or 61,754 shares in its portfolio. Smith Asset Management Group LP invested in 95 shares or 0% of the stock. Jaffetilchin Invest Prtnrs Lc reported 7,277 shares.

Waters Parkerson & Company decreased Royal Dutch Shellf Sponsored A stake by 4,669 shares to 57,764 valued at $3.85M in 2017Q4. It also reduced Jpmorgan Chase & Co (NYSE:JPM) stake by 3,274 shares and now owns 390,229 shares. Johnson Ctls Intlf was reduced too.

Among 22 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 12 Hold. Therefore 41% are positive. Pfizer had 78 analyst reports since July 29, 2015 according to SRatingsIntel. BMO Capital Markets maintained Pfizer Inc. (NYSE:PFE) on Monday, June 12 with “Hold” rating. Piper Jaffray maintained it with “Overweight” rating and $48 target in Friday, August 28 report. The rating was maintained by Jefferies on Thursday, April 7 with “Buy”. BMO Capital Markets maintained the shares of PFE in report on Friday, December 15 with “Buy” rating. The stock has “Hold” rating by Societe Generale on Wednesday, April 6. The firm earned “Buy” rating on Wednesday, November 1 by UBS. The stock of Pfizer Inc. (NYSE:PFE) has “Buy” rating given on Thursday, September 14 by Piper Jaffray. The stock of Pfizer Inc. (NYSE:PFE) earned “Sell” rating by Citigroup on Tuesday, May 16. The firm has “Hold” rating by Jefferies given on Thursday, October 26. Jefferies maintained the stock with “Buy” rating in Tuesday, September 13 report.

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

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