Valero Energy New (VLO) Market Valuation Rose While Shelton Capital Management Boosted Its Stake; Kayne Anderson Rudnick Investment Management Increased Holding in Expeditors Intl Wash (EXPD)

May 18, 2018 - By Peter Mason

Valero Energy Corporation (NYSE:VLO) Logo

Shelton Capital Management increased its stake in Valero Energy Corp New (VLO) by 115.03% based on its latest 2017Q4 regulatory filing with the SEC. Shelton Capital Management bought 24,732 shares as the company’s stock rose 1.25% while stock markets declined. The institutional investor held 46,232 shares of the integrated oil company at the end of 2017Q4, valued at $4.25 million, up from 21,500 at the end of the previous reported quarter. Shelton Capital Management who had been investing in Valero Energy Corp New for a number of months, seems to be bullish on the $51.71 billion market cap company. The stock increased 0.23% or $0.28 during the last trading session, reaching $119.99. About 2.09 million shares traded. Valero Energy Corporation (NYSE:VLO) has risen 39.32% since May 18, 2017 and is uptrending. It has outperformed by 27.77% the S&P500.

Kayne Anderson Rudnick Investment Management Llc increased its stake in Expeditors Intl Wash (EXPD) by 2.98% based on its latest 2017Q4 regulatory filing with the SEC. Kayne Anderson Rudnick Investment Management Llc bought 27,726 shares as the company’s stock declined 4.85% with the market. The institutional investor held 958,200 shares of the transportation company at the end of 2017Q4, valued at $61.99 million, up from 930,474 at the end of the previous reported quarter. Kayne Anderson Rudnick Investment Management Llc who had been investing in Expeditors Intl Wash for a number of months, seems to be bullish on the $12.61 billion market cap company. The stock increased 0.38% or $0.27 during the last trading session, reaching $72.21. About 322,717 shares traded. Expeditors International of Washington, Inc. (NASDAQ:EXPD) has risen 10.79% since May 18, 2017 and is uptrending. It has underperformed by 0.76% the S&P500.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.12, from 1.04 in 2017Q3. It dropped, as 18 investors sold EXPD shares while 192 reduced holdings. 66 funds opened positions while 127 raised stakes. 154.06 million shares or 4.24% less from 160.89 million shares in 2017Q3 were reported. Moreover, Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt Corporation has 0.17% invested in Expeditors International of Washington, Inc. (NASDAQ:EXPD) for 296,000 shares. Hightower Ltd Liability Co accumulated 86,610 shares. Assetmark holds 81 shares or 0% of its portfolio. Aviva Public Limited Company accumulated 0.04% or 99,285 shares. Moreover, Aperio Grp Lc has 0.07% invested in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Wetherby Asset Mngmt owns 7,271 shares. Canada Pension Plan Inv Board reported 118 shares. Ls Advsr Limited Liability Company invested 0.1% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Benedict Financial Advisors Inc holds 0.61% or 19,716 shares. Westpac Bk invested 0.02% in Expeditors International of Washington, Inc. (NASDAQ:EXPD). X Mngmt Limited Co holds 0.01% or 6,713 shares. Tensile Cap Management Limited, California-based fund reported 606,015 shares. Jackson Square Prns holds 1.08 million shares or 0.36% of its portfolio. Long Road Counsel Limited Com reported 42,600 shares. First Allied Advisory, Missouri-based fund reported 8,378 shares.

Kayne Anderson Rudnick Investment Management Llc, which manages about $9.04 billion and $12.33 billion US Long portfolio, decreased its stake in Merck & Co Inc (NYSE:MRK) by 17,183 shares to 82,084 shares, valued at $4.62M in 2017Q4, according to the filing. It also reduced its holding in Ishares (IWO) by 6,673 shares in the quarter, leaving it with 4,888 shares, and cut its stake in Honeywell Intl Inc (NYSE:HON).

Among 15 analysts covering Expeditors International of Washington (NASDAQ:EXPD), 3 have Buy rating, 2 Sell and 10 Hold. Therefore 20% are positive. Expeditors International of Washington had 49 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Expeditors International of Washington, Inc. (NASDAQ:EXPD) earned “Positive” rating by Susquehanna on Tuesday, August 11. The stock of Expeditors International of Washington, Inc. (NASDAQ:EXPD) has “Neutral” rating given on Wednesday, November 4 by Macquarie Research. Buckingham Research initiated it with “Neutral” rating and $44 target in Tuesday, December 15 report. The rating was maintained by Cowen & Co with “Hold” on Monday, September 11. UBS downgraded Expeditors International of Washington, Inc. (NASDAQ:EXPD) on Thursday, January 7 to “Sell” rating. The stock has “Market Perform” rating by Cowen & Co on Wednesday, February 22. The stock of Expeditors International of Washington, Inc. (NASDAQ:EXPD) has “Hold” rating given on Thursday, August 4 by Stifel Nicolaus. The firm earned “Hold” rating on Thursday, April 21 by BB&T Capital. The rating was maintained by Barclays Capital on Monday, October 5 with “Equal-Weight”. Barclays Capital maintained Expeditors International of Washington, Inc. (NASDAQ:EXPD) rating on Monday, October 2. Barclays Capital has “Overweight” rating and $63 target.

Since February 26, 2018, it had 0 insider buys, and 8 selling transactions for $2.64 million activity. $175,742 worth of Expeditors International of Washington, Inc. (NASDAQ:EXPD) shares were sold by McClincy Christopher J.. Shares for $786,816 were sold by COUGHLIN PHILIP M. The insider Musser Jeffrey S sold 2,073 shares worth $137,937. 6,000 shares were sold by Emmert Mark A, worth $388,320 on Monday, March 12. Wall Daniel R sold 5,000 shares worth $330,400.

Another recent and important Expeditors International of Washington, Inc. (NASDAQ:EXPD) news was published by Streetinsider.com which published an article titled: “Expeditors Int’l (EXPD) PT Raised to $72 at Stifel” on May 09, 2018.

Shelton Capital Management, which manages about $1.01B and $1.56 billion US Long portfolio, decreased its stake in Ares Cap Corp (NASDAQ:ARCC) by 43,400 shares to 128,241 shares, valued at $2.02M in 2017Q4, according to the filing. It also reduced its holding in Kohls Corp (NYSE:KSS) by 111,000 shares in the quarter, leaving it with 6,387 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Among 23 analysts covering Valero Energy Corporation (NYSE:VLO), 11 have Buy rating, 0 Sell and 12 Hold. Therefore 48% are positive. Valero Energy Corporation had 85 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by Tudor Pickering on Wednesday, November 16 to “Buy”. As per Monday, March 19, the company rating was maintained by Deutsche Bank. Citigroup maintained it with “Buy” rating and $68 target in Monday, July 17 report. Credit Suisse reinitiated the stock with “Neutral” rating in Wednesday, March 7 report. The stock of Valero Energy Corporation (NYSE:VLO) has “Neutral” rating given on Friday, May 26 by Piper Jaffray. On Wednesday, January 24 the stock rating was maintained by Citigroup with “Neutral”. The stock of Valero Energy Corporation (NYSE:VLO) has “Hold” rating given on Wednesday, January 24 by Jefferies. The firm has “Buy” rating given on Thursday, July 27 by Cowen & Co. On Monday, August 3 the stock rating was maintained by Oppenheimer with “Outperform”. The rating was maintained by RBC Capital Markets on Wednesday, April 26 with “Outperform”.

Since December 13, 2017, it had 0 buys, and 2 insider sales for $23.55 million activity. On Wednesday, January 3 CISKOWSKI MICHAEL S sold $23.46 million worth of Valero Energy Corporation (NYSE:VLO) or 251,530 shares.

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.02, from 1 in 2017Q3. It dropped, as 51 investors sold VLO shares while 327 reduced holdings. 108 funds opened positions while 261 raised stakes. 331.76 million shares or 3.27% less from 342.98 million shares in 2017Q3 were reported. Adams Asset Advsrs invested in 1.57% or 138,411 shares. Amalgamated Fincl Bank reported 55,119 shares. Loudon Inv Limited Liability Co accumulated 14,603 shares. Tiverton Asset Llc has invested 0.04% in Valero Energy Corporation (NYSE:VLO). Moreover, Malaga Cove Ltd Liability has 1.6% invested in Valero Energy Corporation (NYSE:VLO) for 31,214 shares. Rdl Finance holds 36,865 shares. Highstreet Asset Incorporated has 13,916 shares for 0.08% of their portfolio. D E Shaw has 60,917 shares for 0.01% of their portfolio. Invesco Ltd reported 0.07% of its portfolio in Valero Energy Corporation (NYSE:VLO). St Johns Investment Communication Ltd Limited Liability Company owns 7,279 shares or 0.49% of their US portfolio. 1,052 were reported by Wealthtrust. State Of New Jersey Common Pension Fund D has invested 0.07% in Valero Energy Corporation (NYSE:VLO). California-based Lpl Financial has invested 0.04% in Valero Energy Corporation (NYSE:VLO). Meiji Yasuda Asset Mgmt Limited accumulated 16,647 shares or 0.15% of the stock. Central Bank has invested 1.46% in Valero Energy Corporation (NYSE:VLO).

More notable recent Valero Energy Corporation (NYSE:VLO) news were published by: Bizjournals.com which released: “Three Valero refineries to supply fuels to growing Mexico market” on May 15, 2018, also Seekingalpha.com with their article: “Valero: Beware Of The Downside Risk” published on May 16, 2018, Bizjournals.com published: “Valero buys biofuels plant in South America” on May 15, 2018. More interesting news about Valero Energy Corporation (NYSE:VLO) were released by: Seekingalpha.com and their article: “A Broad Look Into Valero Energy” published on April 26, 2018 as well as Benzinga.com‘s news article titled: “Morgan Stanley Upgrades Refining Sector, Names Valero A Top Pick” with publication date: May 17, 2018.

Expeditors International of Washington, Inc. (NASDAQ:EXPD) Institutional Positions Chart

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