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As Valero Energy (VLO) Market Value Declined, Shareholder Mengis Capital Management Decreased Stake; New York Reit (NYRT) Position Boosted by Yakira Capital Management Inc

Yakira Capital Management Inc increased its stake in New York Reit Inc (NYRT) by 56.98% based on its latest 2017Q3 regulatory filing with the SEC. Yakira Capital Management Inc bought 249,352 shares as the company’s stock declined 12.85% while stock markets rallied. The hedge fund held 686,976 shares of the consumer services company at the end of 2017Q3, valued at $5.39 million, up from 437,624 at the end of the previous reported quarter. Yakira Capital Management Inc who had been investing in New York Reit Inc for a number of months, seems to be bullish on the $340.92M market cap company. The stock increased 0.50% or $0.01 during the last trading session, reaching $2.02. About 1.81 million shares traded. New York REIT, Inc. (NYSE:NYRT) has declined 9.21% since February 24, 2017 and is downtrending. It has underperformed by 25.91% the S&P500.

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 $3.24M, 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 $40.46B market cap company. The stock increased 0.45% or $0.41 during the last trading session, reaching $92.46. About 2.07M shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since February 24, 2017 and is uptrending. It has underperformed by 1.41% the S&P500.

Mengis Capital Management Inc, which manages about $163.94M and $149.26 million US Long portfolio, upped its stake in Gs Etf Tr Intl Dvlpd by 24,435 shares to 186,330 shares, valued at $5.41 million in 2017Q3, according to the filing.

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 stock has “Neutral” rating by Citigroup on Tuesday, January 17. The firm has “Neutral” rating given on Monday, August 24 by Bank of America. The stock of Valero Energy Corporation (NYSE:VLO) has “Buy” rating given on Tuesday, January 30 by RBC Capital Markets. The company was downgraded on Wednesday, January 4 by Deutsche Bank. Mizuho maintained Valero Energy Corporation (NYSE:VLO) on Friday, February 3 with “Buy” rating. Goldman Sachs downgraded Valero Energy Corporation (NYSE:VLO) on Tuesday, May 16 to “Neutral” rating. Cowen & Co maintained the shares of VLO in report on Thursday, July 27 with “Buy” rating. Barclays Capital maintained Valero Energy Corporation (NYSE:VLO) rating on Tuesday, November 14. Barclays Capital has “Overweight” rating and $108 target. The firm has “Buy” rating given on Thursday, February 1 by Cowen & Co. Citigroup maintained Valero Energy Corporation (NYSE:VLO) on Wednesday, January 24 with “Neutral” rating.

Analysts await Valero Energy Corporation (NYSE:VLO) to report earnings on April, 24. They expect $1.33 earnings per share, up 95.59% or $0.65 from last year’s $0.68 per share. VLO’s profit will be $581.99M for 17.38 P/E if the $1.33 EPS becomes a reality. After $1.16 actual earnings per share reported by Valero Energy Corporation for the previous quarter, Wall Street now forecasts 14.66% EPS growth.

Since September 6, 2017, it had 0 insider buys, and 5 selling transactions for $27.57 million activity. On Wednesday, January 3 the insider CISKOWSKI MICHAEL S sold $23.46 million.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.19, from 1.19 in 2017Q2. It worsened, 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. Rockefeller Services holds 4,761 shares or 0.01% of its portfolio. Checchi Capital Advisers Lc owns 4,218 shares. Gw Henssler And Assocs Ltd has invested 1.21% of its portfolio in Valero Energy Corporation (NYSE:VLO). Cibc Ww Markets stated it has 0.08% of its portfolio in Valero Energy Corporation (NYSE:VLO). Cullinan Assoc Inc owns 46,400 shares. Green Square Cap Ltd Llc, Tennessee-based fund reported 93,046 shares. Raymond James & Associate reported 994,173 shares. Greenleaf Tru holds 6,580 shares. Bp Public Lc holds 52,000 shares or 0.14% of its portfolio. Susquehanna Grp Limited Liability Partnership stated it has 0.01% in Valero Energy Corporation (NYSE:VLO). Cornerstone has invested 0.01% in Valero Energy Corporation (NYSE:VLO). Rhumbline Advisers invested 0.15% in Valero Energy Corporation (NYSE:VLO). Westchester Cap Mngmt holds 4.33% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 131,210 shares. Lombard Odier Asset (Usa) Corporation, a New York-based fund reported 9,000 shares. 53,224 are held by First Citizens Comml Bank And.

Among 5 analysts covering New York REIT (NYSE:NYRT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. New York REIT had 9 analyst reports since October 9, 2015 according to SRatingsIntel. Compass Point initiated New York REIT, Inc. (NYSE:NYRT) rating on Friday, October 30. Compass Point has “Buy” rating and $13.50 target. The stock has “Buy” rating by Compass Point on Thursday, June 30. The stock of New York REIT, Inc. (NYSE:NYRT) has “Hold” rating given on Wednesday, January 31 by SunTrust. The firm has “Mkt Outperform” rating by JMP Securities given on Friday, October 9. SunTrust maintained the stock with “Hold” rating in Friday, December 1 report. The firm has “Buy” rating by Evercore given on Monday, November 16. SunTrust maintained the stock with “Hold” rating in Friday, November 3 report.

Yakira Capital Management Inc, which manages about $188.00M and $300.65M US Long portfolio, decreased its stake in Altaba Inc by 122,919 shares to 618,101 shares, valued at $40.94M in 2017Q3, according to the filing. It also reduced its holding in Advent Claymore Enh Grw & In (LCM) by 88,780 shares in the quarter, leaving it with 26,775 shares, and cut its stake in Discovery Communicatns New (NASDAQ:DISCA).

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