Valero Energy (VLO) Holding Has Increased by Moody National Bank Trust Division; Symantec (SYMC) Holder Coatue Management Has Decreased Its Stake as Share Value Rose

January 18, 2018 - By Adrian Mccoy

Moody National Bank Trust Division increased its stake in Valero Energy Corp (VLO) by 121.36% based on its latest 2017Q3 regulatory filing with the SEC. Moody National Bank Trust Division bought 4,170 shares as the company’s stock declined 2.47% while stock markets rallied. The institutional investor held 7,606 shares of the integrated oil company at the end of 2017Q3, valued at $585,000, up from 3,436 at the end of the previous reported quarter. Moody National Bank Trust Division who had been investing in Valero Energy Corp for a number of months, seems to be bullish on the $42.29 billion market cap company. The stock decreased 0.93% or $0.91 during the last trading session, reaching $96.65. About 1.43 million shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since January 18, 2017 and is uptrending. It has underperformed by 1.41% the S&P500.

Philippe Laffont decreased its stake in Symantec Corp (SYMC) by 55.48% based on its latest 2017Q3 regulatory filing with the SEC. Coatue Management Llc sold 9.93M shares as the company’s stock rose 0.76% with the market. The hedge fund run by Philippe Laffont held 7.97 million shares of the prepackaged software company at the end of 2017Q3, valued at $261.52M, down from 17.90M at the end of the previous reported quarter. Coatue Management Llc who had been investing in Symantec Corp for a number of months, seems to be less bullish one the $16.86B market cap company. The stock decreased 1.20% or $0.33 during the last trading session, reaching $27.19. About 8.67M shares traded or 46.55% up from the average. Symantec Corporation (NASDAQ:SYMC) has risen 71.82% since January 18, 2017 and is uptrending. It has outperformed by 55.12% the S&P500.

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 stock of Valero Energy Corporation (NYSE:VLO) earned “Buy” rating by Jefferies on Thursday, June 22. Citigroup downgraded the shares of VLO in report on Tuesday, January 17 to “Neutral” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, April 26. The stock has “Accumulate” rating by Standpoint Research on Friday, June 30. The company was upgraded on Wednesday, November 16 by Tudor Pickering. The firm earned “Neutral” rating on Tuesday, May 16 by Goldman Sachs. The stock has “Buy” rating by Scotia Capital on Thursday, December 21. The stock has “Buy” rating by Citigroup on Wednesday, October 19. Macquarie Research initiated it with “Outperform” rating and $82 target in Friday, July 24 report. As per Friday, October 6, the company rating was downgraded by JP Morgan.

Moody National Bank Trust Division, which manages about $2.04B US Long portfolio, decreased its stake in Unitedhealth Group Inc (NYSE:UNH) by 2,500 shares to 6,485 shares, valued at $1.27M in 2017Q3, according to the filing. It also reduced its holding in Bank Of America Corp (NYSE:BAC) by 12,975 shares in the quarter, leaving it with 50,158 shares, and cut its stake in Morgan Stanley (NYSE:MS).

Since September 6, 2017, it had 0 insider purchases, and 5 selling transactions for $27.57 million activity. CISKOWSKI MICHAEL S sold $3.86 million worth of stock.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.19, from 1.19 in 2017Q2. It fall, 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. Pillar Pacific Cap Management Limited Liability Company has invested 0.57% in Valero Energy Corporation (NYSE:VLO). Glenmede Tru Na holds 784,335 shares or 0.26% of its portfolio. Tiedemann Wealth Ltd Llc holds 19,624 shares or 0.06% of its portfolio. Loring Wolcott & Coolidge Fiduciary Limited Liability Partnership Ma, Massachusetts-based fund reported 49 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.18% or 251,747 shares. Lodestar Investment Counsel Limited Liability Corp Il holds 0.08% or 8,115 shares in its portfolio. Catalyst Capital Advsr Ltd stated it has 1,005 shares. 26,994 are held by Old Mutual Customised Solutions (Proprietary) Limited. 2,983 were accumulated by Ingalls Snyder Llc. Ifc Fl invested in 0.09% or 16,521 shares. 180,398 were reported by Arizona State Retirement Systems. Hanseatic Management stated it has 0.05% of its portfolio in Valero Energy Corporation (NYSE:VLO). Schroder Investment Grp holds 968,857 shares or 0.13% of its portfolio. Old Second Retail Bank Of Aurora has 1.49% invested in Valero Energy Corporation (NYSE:VLO). British Columbia Inv holds 0.2% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 339,163 shares.

Since August 7, 2017, it had 0 buys, and 16 insider sales for $47.91 million activity. $5.59 million worth of Symantec Corporation (NASDAQ:SYMC) was sold by Clark Gregory S. on Monday, August 28. 15,000 Symantec Corporation (NASDAQ:SYMC) shares with value of $450,000 were sold by TAYLOR SCOTT C. Another trade for 7,688 shares valued at $230,640 was sold by Noviello Nicholas R. 15,111 Symantec Corporation (NASDAQ:SYMC) shares with value of $499,352 were sold by Divol Roxane. Another trade for 2,000 shares valued at $60,000 was made by Sands Anita M on Monday, August 28. $27,810 worth of stock was sold by Cappellanti-Wolf Amy L. on Thursday, September 7.

Coatue Management Llc, which manages about $14.38B and $12.24 billion US Long portfolio, upped its stake in Paypal Hldgs Inc by 27,351 shares to 5.18M shares, valued at $331.64M in 2017Q3, according to the filing. It also increased its holding in Snap Inc by 1.70 million shares in the quarter, for a total of 23.60 million shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Among 29 analysts covering Symantec (NASDAQ:SYMC), 10 have Buy rating, 1 Sell and 18 Hold. Therefore 34% are positive. Symantec had 81 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, September 15 by Guggenheim. The rating was maintained by Evercore with “Hold” on Thursday, August 3. The rating was maintained by Oppenheimer on Thursday, July 6 with “Buy”. The firm earned “Hold” rating on Friday, June 9 by Evercore. The stock of Symantec Corporation (NASDAQ:SYMC) earned “Mkt Perform” rating by FBR Capital on Thursday, November 5. RBC Capital Markets maintained it with “Hold” rating and $3200 target in Sunday, July 30 report. M Partners maintained the stock with “Neutral” rating in Wednesday, November 2 report. As per Friday, August 19, the company rating was upgraded by Citigroup. The company was maintained on Monday, September 11 by Piper Jaffray. The company was maintained on Friday, February 5 by M Partners.

Analysts await Symantec Corporation (NASDAQ:SYMC) to report earnings on February, 7. They expect $0.29 earnings per share, up 31.82% or $0.07 from last year’s $0.22 per share. SYMC’s profit will be $179.79 million for 23.44 P/E if the $0.29 EPS becomes a reality. After $0.21 actual earnings per share reported by Symantec Corporation for the previous quarter, Wall Street now forecasts 38.10% EPS growth.

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