Valero Energy Partners LP (VLP)’s Trend Down, Especially After Today’s 1 Year Low Hit

March 14, 2018 - By Kurt Siggers

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.17, from 0.72 in 2017Q2. It improved, 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.
Credit Suisse Ag reported 31,646 shares. Conning has 0.03% invested in Valero Energy Partners LP (NYSE:VLP). Samson Cap Management Limited Liability Company holds 7.59% of its portfolio in Valero Energy Partners LP (NYSE:VLP) for 169,039 shares. Cbre Clarion Secs Ltd Liability Corporation accumulated 61,334 shares or 0.03% of the stock. Missouri-based Ent Finance has invested 0.01% in Valero Energy Partners LP (NYSE:VLP). Stephens Ar owns 8,900 shares for 0.01% of their portfolio. Nbw Cap Lc accumulated 163,427 shares. Glob X Mngmt Ltd Liability Corp holds 0.21% or 173,185 shares in its portfolio. Barnett And has 1,750 shares. Cushing Asset L P stated it has 1.05M shares or 1.47% of all its holdings. Susquehanna International Gp Ltd Liability Partnership, a Pennsylvania-based fund reported 12,226 shares. Goldman Sachs Grp invested 0.05% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Bancshares Of America De has 289,010 shares. 5,904 were accumulated by Botty Invsts Llc. 26,497 were accumulated by Van Eck Assocs.

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. The company was maintained on Wednesday, January 24 by Jefferies. As per Wednesday, October 18, the company rating was maintained by Citigroup. The company was maintained on Friday, August 7 by Barclays Capital. Scotia Capital maintained the stock with “Buy” rating in Friday, March 24 report. Jefferies initiated Valero Energy Partners LP (NYSE:VLP) rating on Tuesday, August 23. Jefferies has “Buy” rating and $53 target. Mizuho maintained Valero Energy Partners LP (NYSE:VLP) on Monday, October 31 with “Buy” rating. The stock has “Buy” rating by ValuEngine on Friday, May 26. On Monday, October 26 the stock rating was maintained by Evercore with “Buy”. The firm has “Overweight” rating by JP Morgan given on Tuesday, March 13. The stock of Valero Energy Partners LP (NYSE:VLP) earned “Neutral” rating by Credit Suisse on Monday, October 26.

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