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Valero Energy (VLO) Share Price Declined While Mengis Capital Management Has Decreased Its Stake by $786,524; Boyd Watterson Asset Management Has Lifted Stake in United Technologies (UTX) by $430,592

Mengis Capital Management Inc decreased its stake in Valero Energy Corp (VLO) by 19.71% based on its latest 2017Q3 regulatory filing with the SEC. Mengis Capital Management Inc sold 10,349 shares as the company’s stock declined 2.47% while stock markets rallied. The institutional investor held 42,170 shares of the integrated oil company at the end of 2017Q3, valued at $3.24 million, down from 52,519 at the end of the previous reported quarter. Mengis Capital Management Inc who had been investing in Valero Energy Corp for a number of months, seems to be less bullish one the $42.31 billion market cap company. The stock decreased 0.89% or $0.87 during the last trading session, reaching $96.69. About 1.02 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.

Boyd Watterson Asset Management Llc increased its stake in United Technologies Corp (UTX) by 54.88% based on its latest 2017Q3 regulatory filing with the SEC. Boyd Watterson Asset Management Llc bought 3,712 shares as the company’s stock rose 8.03% with the market. The institutional investor held 10,476 shares of the aerospace company at the end of 2017Q3, valued at $1.22 million, up from 6,764 at the end of the previous reported quarter. Boyd Watterson Asset Management Llc who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $107.56 billion market cap company. The stock increased 0.20% or $0.27 during the last trading session, reaching $134.69. About 1.15 million shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since January 18, 2017 and is uptrending. It has outperformed by 6.29% 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) has “Hold” rating given on Thursday, September 28 by Piper Jaffray. Jefferies maintained Valero Energy Corporation (NYSE:VLO) on Wednesday, August 23 with “Buy” rating. Macquarie Research downgraded the shares of VLO in report on Tuesday, October 24 to “Neutral” rating. As per Tuesday, May 16, the company rating was downgraded by Goldman Sachs. Jefferies initiated Valero Energy Corporation (NYSE:VLO) rating on Tuesday, August 23. Jefferies has “Buy” rating and $66 target. RBC Capital Markets maintained the shares of VLO in report on Friday, January 29 with “Outperform” rating. Argus Research upgraded Valero Energy Corporation (NYSE:VLO) rating on Wednesday, December 16. Argus Research has “Buy” rating and $78 target. The stock has “Neutral” rating by JP Morgan on Friday, October 6. The stock has “Buy” rating by Jefferies on Thursday, July 27. The stock of Valero Energy Corporation (NYSE:VLO) has “Overweight” rating given on Tuesday, October 10 by Barclays Capital.

Analysts await Valero Energy Corporation (NYSE:VLO) to report earnings on January, 30. They expect $1.26 EPS, up 55.56% or $0.45 from last year’s $0.81 per share. VLO’s profit will be $551.36 million for 19.18 P/E if the $1.26 EPS becomes a reality. After $1.91 actual EPS reported by Valero Energy Corporation for the previous quarter, Wall Street now forecasts -34.03% negative EPS growth.

Mengis Capital Management Inc, which manages about $163.94 million and $149.26M US Long portfolio, upped its stake in Williams Cos Inc Del Com (NYSE:WMB) by 11,791 shares to 40,656 shares, valued at $1.22M in 2017Q3, according to the filing.

Since September 6, 2017, it had 0 insider buys, and 5 insider sales for $27.57 million activity. Another trade for 53,012 shares valued at $3.86M was sold by CISKOWSKI MICHAEL S.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.19, from 1.19 in 2017Q2. It turned negative, 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. 286,373 are held by Pictet Asset Mgmt Limited. Rdl Fincl reported 1.96% in Valero Energy Corporation (NYSE:VLO). Personal Cap has invested 0.7% in Valero Energy Corporation (NYSE:VLO). Moreover, Old Mutual Customised Solutions (Proprietary) Ltd has 0.28% invested in Valero Energy Corporation (NYSE:VLO) for 26,994 shares. Vantage Prtnrs Ltd accumulated 85,424 shares. Virtus Invest Advisers Inc holds 37,952 shares. Moreover, Nationwide Fund Advisors has 0.09% invested in Valero Energy Corporation (NYSE:VLO) for 289,557 shares. Mutual Of America Cap Mngmt Ltd has 55,451 shares for 0.07% of their portfolio. Panagora Asset Mngmt Inc holds 0.48% or 1.57 million shares. 30,614 were reported by Northwestern Mutual Wealth Mngmt. Teacher Retirement Sys Of Texas reported 0.3% stake. Boys Arnold Inc holds 0.03% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 2,713 shares. Td Asset Management has invested 0.02% in Valero Energy Corporation (NYSE:VLO). Amica Retiree Med reported 4,373 shares. Assetmark owns 0.01% invested in Valero Energy Corporation (NYSE:VLO) for 14,097 shares.

Since December 13, 2017, it had 0 buys, and 3 selling transactions for $734,561 activity. The insider Amato Elizabeth B sold $546,600.

Boyd Watterson Asset Management Llc, which manages about $4.87 billion and $202.36 million US Long portfolio, decreased its stake in Metlife Inc (NYSE:MET) by 5,975 shares to 3,850 shares, valued at $200,000 in 2017Q3, according to the filing. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 9,372 shares in the quarter, leaving it with 75,560 shares, and cut its stake in Hp Inc.

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. United Technologies Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Monday, August 7 by Cowen & Co. The rating was downgraded by RBC Capital Markets on Tuesday, October 13 to “Sector Perform”. The company was maintained on Friday, July 7 by Jefferies. The stock of United Technologies Corporation (NYSE:UTX) has “Hold” rating given on Thursday, January 26 by Argus Research. RBC Capital Markets maintained it with “Hold” rating and $126.0 target in Friday, November 10 report. The firm earned “Equalweight” rating on Wednesday, July 27 by Barclays Capital. The firm earned “Hold” rating on Wednesday, July 22 by Deutsche Bank. Stifel Nicolaus maintained the shares of UTX in report on Friday, January 27 with “Hold” rating. Stifel Nicolaus maintained it with “Hold” rating and $124 target in Wednesday, October 25 report. As per Monday, May 2, the company rating was downgraded by Goldman Sachs.

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