Diversified Trust Co Has $452,000 Stake in Valero Energy Partners LP (VLP)

Diversified Trust Co trimmed its holdings in shares of Valero Energy Partners LP (NYSE:VLP) by 31.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,156 shares of the pipeline company’s stock after selling 4,561 shares during the quarter. Diversified Trust Co’s holdings in Valero Energy Partners were worth $452,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in VLP. PNC Financial Services Group Inc. increased its position in shares of Valero Energy Partners by 11.7% during the second quarter. PNC Financial Services Group Inc. now owns 2,870 shares of the pipeline company’s stock worth $132,000 after acquiring an additional 300 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Valero Energy Partners by 5.9% during the second quarter. Alliancebernstein L.P. now owns 5,483 shares of the pipeline company’s stock worth $250,000 after acquiring an additional 307 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Valero Energy Partners by 53.1% during the second quarter. Bank of New York Mellon Corp now owns 9,529 shares of the pipeline company’s stock worth $435,000 after acquiring an additional 3,303 shares during the last quarter. CNH Partners LLC increased its position in shares of Valero Energy Partners by 1.0% during the second quarter. CNH Partners LLC now owns 10,321 shares of the pipeline company’s stock worth $471,000 after acquiring an additional 100 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in shares of Valero Energy Partners by 56.0% during the second quarter. California Public Employees Retirement System now owns 11,700 shares of the pipeline company’s stock worth $534,000 after acquiring an additional 4,200 shares during the last quarter. 29.26% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently weighed in on VLP shares. SunTrust Banks set a $50.00 price objective on Valero Energy Partners and gave the company a “buy” rating in a report on Monday, February 5th. Citigroup reissued a “neutral” rating and issued a $50.00 price objective on shares of Valero Energy Partners in a report on Wednesday, October 18th. Zacks Investment Research raised Valero Energy Partners from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. Mitsubishi UFJ Financial Group reissued an “overweight” rating on shares of Valero Energy Partners in a report on Friday, October 27th. Finally, Mizuho set a $53.00 price objective on Valero Energy Partners and gave the company a “buy” rating in a report on Sunday, October 29th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. Valero Energy Partners has an average rating of “Hold” and a consensus target price of $50.56.

Valero Energy Partners LP (VLP) traded down $0.83 during trading hours on Friday, hitting $40.72. The stock had a trading volume of 380,142 shares, compared to its average volume of 117,144. The company has a market capitalization of $2,877.64, a price-to-earnings ratio of 14.70, a PEG ratio of 1.07 and a beta of 0.65. Valero Energy Partners LP has a 52 week low of $39.49 and a 52 week high of $51.00. The company has a debt-to-equity ratio of 5.05, a current ratio of 4.26 and a quick ratio of 4.26.

Valero Energy Partners (NYSE:VLP) last posted its earnings results on Friday, February 2nd. The pipeline company reported $0.71 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by ($0.01). The company had revenue of $126.30 million for the quarter, compared to the consensus estimate of $123.24 million. Valero Energy Partners had a net margin of 52.75% and a return on equity of 158.05%. The firm’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period last year, the company posted $0.77 earnings per share. sell-side analysts forecast that Valero Energy Partners LP will post 2.94 EPS for the current fiscal year.

The business also recently announced a dividend, which will be paid on Tuesday, February 13th. Stockholders of record on Monday, February 5th will be issued a dividend of $0.5075 per share. This represents a dividend yield of 0.0109210243167635%. The ex-dividend date is Friday, February 2nd. Valero Energy Partners’s dividend payout ratio (DPR) is presently 73.29%.

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Valero Energy Partners Profile

Valero Energy Partners LP owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. The Company’s assets include crude oil and refined petroleum products pipelines, terminals, and other logistics assets in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the ten of Valero Energy Corporation (Valero) refineries.

Institutional Ownership by Quarter for Valero Energy Partners (NYSE:VLP)

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