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Camden National (CAC) Reaches $47.20 52-Week High; Gyroscope Capital Management Group Has Lowered Valero Energy New (VLO) Stake

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The stock of Camden National Corporation (NASDAQ:CAC) hit a new 52-week high and has $50.03 target or 6.00% above today’s $47.20 share price. The 7 months bullish chart indicates low risk for the $734.74 million company. The 1-year high was reported on Jun, 21 by Barchart.com. If the $50.03 price target is reached, the company will be worth $44.08 million more. The stock decreased 0.21% or $0.1 during the last trading session, reaching $47.2. About 481 shares traded. Camden National Corporation (NASDAQ:CAC) has risen 12.23% since June 21, 2017 and is uptrending. It has underperformed by 0.34% the S&P500. Some Historical CAC News: 24/04/2018 – Camden National Total Assets Were $4.1 Billion at March 31; 24/04/2018 – CAMDEN NATIONAL CORP – QTRLY TOTAL INTEREST INCOME $35.3 MLN VS $32.4 MLN; 16/05/2018 – Camden National Closes Above 50-Day Moving Average: Technicals; 24/04/2018 – CAMDEN NATIONAL CORP – QTRLY DILUTED EARNINGS PER SHARE $ 0.82; 24/04/2018 – Camden National 1Q EPS 82c; 23/03/2018 Camden National Closes Below 50-Day Moving Average: Technicals; 27/03/2018 – Camden National Corporation’s Board Declares Quarterly Dividend; 30/04/2018 – New Research: Key Drivers of Growth for Camden National, Myers Industries, Grand Canyon Education, MINDBODY, TransMontaigne Par; 21/04/2018 – DJ Camden National Corporation, Inst Holders, 1Q 2018 (CAC)

Gyroscope Capital Management Group Llc decreased Valero Energy Corp New (VLO) stake by 13.85% reported in 2018Q1 SEC filing. Gyroscope Capital Management Group Llc sold 11,144 shares as Valero Energy Corp New (VLO)’s stock rose 27.24%. The Gyroscope Capital Management Group Llc holds 69,307 shares with $6.43M value, down from 80,451 last quarter. Valero Energy Corp New now has $48.75 billion valuation. The stock decreased 2.26% or $2.61 during the last trading session, reaching $113.12. About 794,715 shares traded. Valero Energy Corporation (NYSE:VLO) has risen 87.89% since June 21, 2017 and is uptrending. It has outperformed by 75.32% the S&P500. Some Historical VLO News: 08/05/2018 – MARATHON, VALERO REFINERIES IN TEXAS CITY, TEXAS, LOSE POWER DUE TO SUBSTATION FIRE; 26/04/2018 – VALERO SAYS BEGINS PLANNED TEXAS CITY REFINERY GASOLINE UNIT OVERHAUL WHILE REPAIRING ALKY UNIT; 26/04/2018 – Valero Energy 1Q Refinery Throughput Capacity Utilization 94%; 03/05/2018 – Valero Energy Corporation Will Attend The Redburn Toronto Conference; 19/04/2018 – VALERO HAS `LITTLE INFO’ ON CAUSE OF FIRE: SPOKESWOMAN; 08/05/2018 – Marathon’s, Valero’s Texas City, Texas refineries lose power; 17/05/2018 – S&PGR Rates Valero Energy’s Proposed Snr Unsecured Notes ‘BBB’; 25/04/2018 – VALERO SUNRAY TEXAS MCKEE REFINERY RESTARTING HYDROCRACKER; 19/04/2018 – VLO: Explosions at Valero in Texas City; 26/04/2018 – 95-OCTANE FUEL STANDARD WOULD HELP INDUSTRY COMPETE W/ EVS: VLO

Among 3 analysts covering Camden National Corp. (NASDAQ:CAC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Camden National Corp. had 11 analyst reports since September 14, 2015 according to SRatingsIntel. Keefe Bruyette & Woods initiated the shares of CAC in report on Monday, September 14 with “Outperform” rating. The company was initiated on Wednesday, September 16 by Piper Jaffray. The rating was maintained by Keefe Bruyette & Woods on Tuesday, October 3 with “Buy”. The stock of Camden National Corporation (NASDAQ:CAC) has “Buy” rating given on Thursday, June 1 by Keefe Bruyette & Woods. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, October 31. PiperJaffray maintained Camden National Corporation (NASDAQ:CAC) on Friday, February 2 with “Overweight” rating. The stock of Camden National Corporation (NASDAQ:CAC) has “Buy” rating given on Tuesday, August 8 by Piper Jaffray. Piper Jaffray maintained Camden National Corporation (NASDAQ:CAC) rating on Friday, December 4. Piper Jaffray has “Overweight” rating and $54 target. The firm has “Hold” rating given on Wednesday, November 1 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Camden National Corporation (NASDAQ:CAC) on Thursday, December 21 with “Hold” rating.

Another recent and important Camden National Corporation (NASDAQ:CAC) news was published by Nasdaq.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Camden National, Cara Therapeutics, Albany …” on June 21, 2018.

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.52, from 1.43 in 2017Q4. It turned negative, as 10 investors sold Camden National Corporation shares while 35 reduced holdings. 12 funds opened positions while 29 raised stakes. 9.61 million shares or 0.10% less from 9.62 million shares in 2017Q4 were reported. Davis R M Inc has invested 0.01% in Camden National Corporation (NASDAQ:CAC). Rothschild Asset Mngmt holds 0.03% or 60,025 shares. 5,178 are held by Ubs Asset Management Americas Inc. Vanguard Group holds 688,963 shares or 0% of its portfolio. Endeavour Capital Advsr Incorporated owns 19,604 shares for 0.14% of their portfolio. Bankshares Of New York Mellon, a New York-based fund reported 179,042 shares. Virginia Retirement Et Al holds 0% or 8,250 shares in its portfolio. D E Shaw And Com holds 0% of its portfolio in Camden National Corporation (NASDAQ:CAC) for 8,608 shares. Williams Jones And Associate Lc holds 0.02% or 14,600 shares in its portfolio. First Manhattan Communication reported 7,500 shares. Invesco invested in 0% or 23,839 shares. Indexiq Advisors Ltd Liability has invested 0.06% in Camden National Corporation (NASDAQ:CAC). Atlantic Trust Group Inc Ltd Liability Com stated it has 28,213 shares. Minerva Ltd Liability Corporation holds 3.75% or 160,658 shares in its portfolio. Schwab Charles Inv owns 72,330 shares for 0% of their portfolio.

Analysts await Camden National Corporation (NASDAQ:CAC) to report earnings on July, 24. They expect $0.82 earnings per share, up 24.24% or $0.16 from last year’s $0.66 per share. CAC’s profit will be $12.76 million for 14.39 P/E if the $0.82 EPS becomes a reality. After $0.82 actual earnings per share reported by Camden National Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since February 27, 2018, it had 5 insider purchases, and 1 insider sale for $65,624 activity. On Tuesday, February 27 DUFOUR GREGORY A sold $60,284 worth of Camden National Corporation (NASDAQ:CAC) or 1,400 shares. On Thursday, March 15 Rose Patricia A bought $9,980 worth of Camden National Corporation (NASDAQ:CAC) or 331 shares. Shares for $16,191 were bought by Hayden Edmund M. JORDAN DEBORAH A had bought 961 shares worth $28,974 on Thursday, March 15. Another trade for 537 shares valued at $16,191 was made by CAMPBELL JOANNE T on Thursday, March 15.

Camden National Corporation operates as the holding firm for Camden National Bank that provides commercial and consumer banking services and products to consumer, institutional, municipal, non-profit, and commercial customers. The company has market cap of $734.74 million. It offers various deposit products, including demand, interest checking, saving, and money market accounts. It has a 23.6 P/E ratio. The firm also originates single family and multi-family residential loans, commercial real estate loans, business loans, municipal loans, and various consumer loans, as well as loans for the construction of residential homes, multi-family properties, and commercial real estate properties.

Since January 3, 2018, it had 0 buys, and 3 selling transactions for $33.95 million activity. 251,530 shares were sold by CISKOWSKI MICHAEL S, worth $23.46 million. Waters Stephen M also sold $121,043 worth of Valero Energy Corporation (NYSE:VLO) shares. Gorder Joseph W had sold 85,493 shares worth $10.36 million.

Among 24 analysts covering Valero Energy Corporation (NYSE:VLO), 12 have Buy rating, 0 Sell and 12 Hold. Therefore 50% are positive. Valero Energy Corporation has $146 highest and $54 lowest target. $95.12’s average target is -15.91% below currents $113.12 stock price. Valero Energy Corporation had 87 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Scotia Capital on Wednesday, April 11 to “Hold”. RBC Capital Markets maintained Valero Energy Corporation (NYSE:VLO) rating on Thursday, June 15. RBC Capital Markets has “Buy” rating and $7700 target. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, January 29. The stock of Valero Energy Corporation (NYSE:VLO) has “Strong-Buy” rating given on Tuesday, August 11 by Vetr. As per Tuesday, May 16, the company rating was downgraded by Goldman Sachs. The company was initiated on Thursday, May 19 by UBS. Jefferies downgraded the shares of VLO in report on Thursday, January 12 to “Hold” rating. The stock has “Overweight” rating by Morgan Stanley on Thursday, May 17. Cowen & Co maintained the shares of VLO in report on Thursday, July 27 with “Buy” rating. The rating was maintained by Piper Jaffray on Monday, April 23 with “Hold”.

Analysts await Valero Energy Corporation (NYSE:VLO) to report earnings on July, 26. They expect $2.29 earnings per share, up 86.18% or $1.06 from last year’s $1.23 per share. VLO’s profit will be $986.81M for 12.35 P/E if the $2.29 EPS becomes a reality. After $1.00 actual earnings per share reported by Valero Energy Corporation for the previous quarter, Wall Street now forecasts 129.00% EPS growth.

More notable recent Valero Energy Corporation (NYSE:VLO) news were published by: Seekingalpha.com which released: “The Good And Bad News About VLO” on June 14, 2018, also Seekingalpha.com with their article: “Outlook For Valero And Refiner Stocks” published on June 14, 2018, Bizjournals.com published: “Valero faces permit fight over emissions at Houston refinery” on June 04, 2018. More interesting news about Valero Energy Corporation (NYSE:VLO) were released by: Benzinga.com and their article: “8 Energy Stocks To Watch Ahead Of OPEC Meetings” published on June 21, 2018 as well as Bizjournals.com‘s news article titled: “Subcontractors sue Valero over explosion at Texas City refinery” with publication date: June 01, 2018.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.09, from 0.98 in 2017Q4. It fall, as 49 investors sold VLO shares while 351 reduced holdings. 91 funds opened positions while 264 raised stakes. 321.31 million shares or 3.15% less from 331.76 million shares in 2017Q4 were reported. Fort Washington Inv Oh accumulated 13,559 shares or 0.01% of the stock. Oak Assoc Limited Oh accumulated 114,555 shares or 0.74% of the stock. Leavell Invest Management has invested 0.21% in Valero Energy Corporation (NYSE:VLO). Loring Wolcott Coolidge Fiduciary Advisors Limited Liability Partnership Ma accumulated 49 shares. Old Mutual Customised Solutions (Proprietary) Ltd has 0.3% invested in Valero Energy Corporation (NYSE:VLO). Asset Management reported 0.14% stake. Wade G W Inc invested in 4,682 shares or 0.05% of the stock. Loomis Sayles And LP owns 16,975 shares. Bnp Paribas Arbitrage stated it has 427,396 shares or 0% of all its holdings. Pinebridge Invs LP reported 212,194 shares or 0.47% of all its holdings. First Merchants reported 0.31% in Valero Energy Corporation (NYSE:VLO). Denali Limited Liability Corporation invested in 114,271 shares. 4,290 were reported by Driehaus Limited Liability Com. Zweig stated it has 0.02% of its portfolio in Valero Energy Corporation (NYSE:VLO). Corecommodity Management Ltd Limited Liability Company has invested 1.55% in Valero Energy Corporation (NYSE:VLO).

Camden National Corporation (NASDAQ:CAC) Institutional Positions Chart

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