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New Vernon Capital Holdings Ii Has Lowered Icici Bk LTD (IBN) Holding by $1.43 Million; Bollard Group Has Cut Its Valero Energy (VLO) Holding by $1.12 Million

ICICI Bank Limited (NYSE:IBN) Logo

New Vernon Capital Holdings Ii Llc decreased its stake in Icici Bk Ltd (IBN) by 28.26% based on its latest 2017Q4 regulatory filing with the SEC. New Vernon Capital Holdings Ii Llc sold 158,580 shares as the company’s stock declined 11.13% with the market. The hedge fund held 402,613 shares of the commercial banks company at the end of 2017Q4, valued at $3.92 million, down from 561,193 at the end of the previous reported quarter. New Vernon Capital Holdings Ii Llc who had been investing in Icici Bk Ltd for a number of months, seems to be less bullish one the $27.52B market cap company. The stock decreased 3.31% or $0.29 during the last trading session, reaching $8.46. About 10.83 million shares traded or 26.98% up from the average. ICICI Bank Limited (NYSE:IBN) has risen 12.06% since April 23, 2017 and is uptrending. It has outperformed by 0.51% the S&P500.

Bollard Group Llc decreased its stake in Valero Energy Corp (VLO) by 17.39% based on its latest 2017Q4 regulatory filing with the SEC. Bollard Group Llc sold 12,253 shares as the company’s stock rose 1.25% while stock markets declined. The hedge fund held 58,222 shares of the integrated oil company at the end of 2017Q4, valued at $5.35 million, down from 70,475 at the end of the previous reported quarter. Bollard Group Llc who had been investing in Valero Energy Corp for a number of months, seems to be less bullish one the $46.78B market cap company. The stock increased 0.32% or $0.35 during the last trading session, reaching $108.55. About 2.80 million shares traded. Valero Energy Corporation (NYSE:VLO) has risen 39.32% since April 23, 2017 and is uptrending. It has outperformed by 27.77% the S&P500.

Among 22 analysts covering Valero Energy Corporation (NYSE:VLO), 9 have Buy rating, 0 Sell and 13 Hold. Therefore 41% are positive. Valero Energy Corporation had 78 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, October 16 by Jefferies. Deutsche Bank maintained Valero Energy Corporation (NYSE:VLO) rating on Monday, March 19. Deutsche Bank has “Hold” rating and $95 target. The rating was downgraded by Standpoint Research to “Hold” on Thursday, November 16. The rating was downgraded by Jefferies to “Hold” on Thursday, January 12. Mizuho maintained it with “Buy” rating and $58 target in Friday, February 3 report. The firm has “Neutral” rating by Piper Jaffray given on Friday, May 26. RBC Capital Markets maintained the shares of VLO in report on Friday, July 31 with “Outperform” rating. The stock of Valero Energy Corporation (NYSE:VLO) has “Neutral” rating given on Friday, October 6 by JP Morgan. Citigroup maintained the stock with “Buy” rating in Monday, July 17 report. The rating was maintained by Barclays Capital on Tuesday, October 10 with “Overweight”.

Since December 13, 2017, it had 0 insider buys, and 2 selling transactions for $23.55 million activity. $87,233 worth of Valero Energy Corporation (NYSE:VLO) shares were sold by Waters Stephen M.

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.02, from 1 in 2017Q3. It turned negative, 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. Cadence Capital Mgmt Ltd Limited Liability Company has 0.45% invested in Valero Energy Corporation (NYSE:VLO) for 77,089 shares. Exchange Capital Mngmt holds 0.84% or 25,621 shares. New York-based Tocqueville Asset Lp has invested 0.02% in Valero Energy Corporation (NYSE:VLO). Jefferies Gru Ltd Liability Com invested in 0.01% or 15,195 shares. Canada Pension Plan Board invested in 373,524 shares. Verition Fund Mgmt Limited Liability Company reported 6,388 shares stake. Sumitomo Life Ins accumulated 13,929 shares. Moreover, Gabelli Funds Ltd Com has 0.04% invested in Valero Energy Corporation (NYSE:VLO) for 80,000 shares. Prudential Public Ltd has invested 0.3% in Valero Energy Corporation (NYSE:VLO). Moreover, Srb has 0.03% invested in Valero Energy Corporation (NYSE:VLO) for 2,338 shares. Natl Pension owns 431,929 shares. New York State Common Retirement Fund has invested 0.15% in Valero Energy Corporation (NYSE:VLO). Alpha Cubed Invests Lc holds 0.03% or 2,189 shares. Nordea Mngmt owns 0.5% invested in Valero Energy Corporation (NYSE:VLO) for 2.32 million shares. Acg Wealth invested in 2,850 shares.

Bollard Group Llc, which manages about $2.78B and $2.08B US Long portfolio, upped its stake in Becton Dickinson & Co (NYSE:BDX) by 7,068 shares to 7,438 shares, valued at $1.59M in 2017Q4, according to the filing. It also increased its holding in British American Tobacco Plc S (NYSEMKT:BTI) by 123,723 shares in the quarter, for a total of 151,332 shares, and has risen its stake in Enbridge Inc (NYSE:ENB).

Analysts await Valero Energy Corporation (NYSE:VLO) to report earnings on April, 26 before the open. They expect $0.96 earnings per share, up 41.18% or $0.28 from last year’s $0.68 per share. VLO’s profit will be $413.69 million for 28.27 P/E if the $0.96 EPS becomes a reality. After $1.16 actual earnings per share reported by Valero Energy Corporation for the previous quarter, Wall Street now forecasts -17.24% negative EPS growth.

Analysts await ICICI Bank Limited (NYSE:IBN) to report earnings on May, 2. They expect $0.09 earnings per share, 0.00% or $0.00 from last year’s $0.09 per share. IBN’s profit will be $292.73 million for 23.50 P/E if the $0.09 EPS becomes a reality.

Among 7 analysts covering ICICI Bank (NYSE:IBN), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. ICICI Bank had 11 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Wednesday, August 19 by Zacks. The firm has “Hold” rating given on Wednesday, August 26 by Standpoint Research. The stock of ICICI Bank Limited (NYSE:IBN) earned “Neutral” rating by Goldman Sachs on Tuesday, May 3. Morgan Stanley initiated the shares of IBN in report on Tuesday, January 16 with “Buy” rating. The firm has “Buy” rating by UBS given on Friday, October 21. Goldman Sachs upgraded ICICI Bank Limited (NYSE:IBN) on Monday, October 24 to “Buy” rating. Zacks upgraded the stock to “Sell” rating in Tuesday, August 25 report. On Thursday, April 21 the stock rating was upgraded by Credit Suisse to “Outperform”. The stock of ICICI Bank Limited (NYSE:IBN) has “Hold” rating given on Thursday, September 3 by Zacks. The stock of ICICI Bank Limited (NYSE:IBN) earned “Buy” rating by Goldman Sachs on Monday, September 14.

Valero Energy Corporation (NYSE:VLO) Ratings Chart

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