Sandell Asset Management Has Increased Its Barnes & Noble (BKS) Stake; Valero Energy Partners LP (VLP)’s Sentiment Is 0.9

March 21, 2018 - By Linda Rogers

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 $2.47 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 12.59 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.

Sandell Asset Management Corp increased Barnes & Noble Inc (BKS) stake by 414.63% reported in 2017Q3 SEC filing. Sandell Asset Management Corp acquired 805,687 shares as Barnes & Noble Inc (BKS)’s stock declined 33.81%. The Sandell Asset Management Corp holds 1.00M shares with $7.60 million value, up from 194,313 last quarter. Barnes & Noble Inc now has $374.16 million valuation. The stock increased 3.00% or $0.15 during the last trading session, reaching $5.15. About 730,539 shares traded. Barnes & Noble, Inc. (NYSE:BKS) has declined 38.50% since March 21, 2017 and is downtrending. It has underperformed by 55.20% 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 12.85 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.

Samson Capital Management Llc holds 7.59% of its portfolio in Valero Energy Partners LP for 169,039 shares. Spirit Of America Management Corp Ny owns 424,190 shares or 1.96% of their US portfolio. Moreover, Nbw Capital Llc has 1.94% invested in the company for 163,427 shares. The Texas-based Tph Asset Management Llc has invested 1.66% in the stock. Tortoise Capital Advisors L.L.C., a Kansas-based fund reported 5.73 million shares.

Ratings analysis reveals 67% of Valero Energy Partners’s analysts are positive. Out of 3 Wall Street analysts rating Valero Energy Partners, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $53.0 while the high is $57.0. The stock’s average target of $55 is 57.39% above today’s ($34.945) share price. VLP was included in 3 notes of analysts from August 23, 2016. Mizuho initiated the stock with “Buy” rating in Friday, September 30 report. The stock of Valero Energy Partners LP (NYSE:VLP) has “Buy” rating given on Tuesday, August 23 by Jefferies. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, January 6.

The stock increased 3.97% or $1.335 during the last trading session, reaching $34.945. About 175,528 shares traded or 54.60% up from the average. Valero Energy Partners LP (VLP) has risen 4.06% since March 21, 2017 and is uptrending. It has underperformed by 12.64% the S&P500.

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