Grupo Financiero Galicia S.A. (GGAL) Reaches $67.46 After 5.00% Up Move; Massachusetts Financial Services Company Has Lowered Valero Energy New (VLO) Stake

February 15, 2018 - By Kurt Siggers

Massachusetts Financial Services Company decreased Valero Energy Corp New (VLO) stake by 1% reported in 2017Q3 SEC filing. Massachusetts Financial Services Company sold 13,131 shares as Valero Energy Corp New (VLO)’s stock declined 2.47%. The Massachusetts Financial Services Company holds 1.31 million shares with $100.49 million value, down from 1.32M last quarter. Valero Energy Corp New now has $40.60 billion valuation. The stock increased 0.17% or $0.16 during the last trading session, reaching $92.79. About 2.06 million shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since February 15, 2017 and is uptrending. It has underperformed by 1.41% the S&P500.

The stock of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) is a huge mover today! The stock increased 4.73% or $3.045 during the last trading session, reaching $67.455. About 311,432 shares traded. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has risen 63.44% since February 15, 2017 and is uptrending. It has outperformed by 46.74% the S&P500.The move comes after 6 months positive chart setup for the $10.62 billion company. It was reported on Feb, 15 by Barchart.com. We have $70.83 PT which if reached, will make NASDAQ:GGAL worth $531.15M more.

Grupo Financiero Galicia S.A., a financial services holding company, provides various financial services and products in Argentina. The company has market cap of $10.62 billion. The firm operates through Banking, Regional Credit Cards, CFA Personal Loans, Insurance, and Other Grupo Galicia Businesses divisions. It has a 215.51 P/E ratio. It offers corporate banking services to companies, and the agricultural and livestock sector; foreign trade transactions; corporate debt and securitization transactions; and e-banking services.

Among 4 analysts covering Grupo Financiero Galicia (NASDAQ:GGAL), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Grupo Financiero Galicia has $32 highest and $31 lowest target. $31.50’s average target is -53.30% below currents $67.455 stock price. Grupo Financiero Galicia had 6 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, February 9 by JP Morgan. The stock has “Outperform” rating by Credit Suisse on Friday, October 28. The stock of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has “Buy” rating given on Friday, August 7 by Zacks. Citigroup upgraded the shares of GGAL in report on Monday, August 22 to “Neutral” rating. On Tuesday, March 29 the stock rating was initiated by Credit Suisse with “Neutral”.

Massachusetts Financial Services Company increased Molson Coors Brewing Co (NYSE:TAP) stake by 17,048 shares to 962,111 valued at $78.55M in 2017Q3. It also upped Barclays Plc (NYSE:BCS) stake by 62,335 shares and now owns 314,504 shares. Alaska Air Group Inc (NYSE:ALK) was raised too.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.19, from 1.19 in 2017Q2. It dived, 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. Plante Moran Financial Advisors Limited Liability Corp reported 455 shares or 0.02% of all its holdings. Kcm Invest Advsrs Ltd Company holds 0.02% or 4,084 shares. Lombard Odier Asset Mngmt (Switzerland) Sa accumulated 28,287 shares. Next Finance Grp invested 0.06% in Valero Energy Corporation (NYSE:VLO). Natl Bank Of Nova Scotia Tru invested in 0.07% or 8,880 shares. Palladium Partners Ltd Liability Corp accumulated 161,267 shares or 0.95% of the stock. Kempen Mgmt Nv invested in 345,221 shares. 200,047 were accumulated by Jane Street Gp Limited Liability Corporation. Stratos Wealth Partners Limited invested in 59,912 shares. 174 are held by Kings Point Capital Mgmt. Moreover, Scott & Selber Incorporated has 1.21% invested in Valero Energy Corporation (NYSE:VLO). Guinness Atkinson Asset Management reported 20,069 shares. Smith Moore And owns 4,033 shares for 0.09% of their portfolio. Boston Private Wealth Ltd Company holds 0.35% or 116,635 shares in its portfolio. Ontario Teachers Pension Plan Board has invested 0.12% in Valero Energy Corporation (NYSE:VLO).

Since September 6, 2017, it had 0 insider purchases, and 5 sales for $27.57 million activity. Waters Stephen M sold 656 shares worth $49,764. 251,530 Valero Energy Corporation (NYSE:VLO) shares with value of $23.46 million were sold by CISKOWSKI MICHAEL S.

Among 22 analysts covering Valero Energy Corporation (NYSE:VLO), 11 have Buy rating, 0 Sell and 11 Hold. Therefore 50% are positive. Valero Energy Corporation had 71 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Wednesday, January 24 with “Hold”. The rating was maintained by UBS with “Neutral” on Wednesday, November 15. The rating was downgraded by Goldman Sachs on Tuesday, May 16 to “Neutral”. The firm has “Buy” rating given on Thursday, July 27 by Cowen & Co. The firm earned “Buy” rating on Wednesday, December 16 by Argus Research. Cowen & Co maintained the shares of VLO in report on Thursday, September 28 with “Outperform” rating. The rating was maintained by Piper Jaffray on Thursday, September 28 with “Hold”. The firm earned “Buy” rating on Wednesday, October 19 by Citigroup. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Tuesday, May 30. The firm has “Neutral” rating by JP Morgan given on Friday, October 6.

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By1 Kurt Siggers

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