Economy

Priming the Pump: Pengrowth Energy Corporation (TSX:PGF) Valuation in Focus

Zevin Asset Management Llc sold 20,018 shares as Unilever Plc (UL)'s stock rose 11.00%. Sentry Investment Management LLC now owns 35,564 shares of the oil and gas company's stock worth $2,399,000 after acquiring an additional 1,483 shares in the last quarter. Unilever Plc now has $171.13B valuation. The institutional investor held 61,665 shares of the integrated oil company at the end of 2017Q2, valued at $4.16 million, up from 47,904 at the end of the previous reported quarter. About 221,091 shares traded. T-Mobile US Inc (NYSE:TMUS) has risen 62.63% since October 19, 2016 and is uptrending. It has outperformed by 17.82% the S&P500. Standpoint Research initiated coverage on shares of Valero Energy Corporation in a research report on Friday, June 30th. The American Century Companies Inc holds 233,348 shares with $15.74M value, up from 16,998 last quarter. It also upped Atmos Energy Corp (NYSE:ATO) stake by 28,885 shares and now owns 704,830 shares. The stock rose 0.31% or $0.24 reaching $77.84. About 5,933 shares traded. It has underperformed by 1.41% the S&P500.

Among 34 analysts covering Microsoft Corporation (NASDAQ:MSFT), 28 have Buy rating, 2 Sell and 4 Hold. Therefore 77% are positive. Priceline.com had 83 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating by RBC Capital Markets given on Monday, April 24. The stock of Priceline Group Inc (NASDAQ:PCLN) earned "Buy" rating by Benchmark on Friday, August 7. As per Friday, October 6, the company rating was downgraded by JP Morgan.

In related news, CFO Michael S. Ciskowski sold 53,012 shares of the company's stock in a transaction that occurred on Tuesday, September 19th. RBC Capital Markets maintained the stock with "Buy" rating in Monday, October 9 report. On Friday, May 26 the stock rating was upgraded by ValuEngine to "Buy". Therefore 81% are positive.

Duff & Phelps Investment Management Co decreased Valero Energy Prtns (VLP) stake by 6.47% reported in 2017Q2 SEC filing. The company was upgraded on Wednesday, August 23 by Jefferies. As per Thursday, September 24, the company rating was upgraded by Suntrust Robinson. The rating was maintained by RBC Capital Markets with "Outperform" on Wednesday, April 26. Valero Energy Corporation now has an average rating of "Hold" and a consensus target price of $76.39. On Thursday, July 27 the stock rating was maintained by Cowen & Co with "Buy". The firm has "Buy" rating by Stifel Nicolaus given on Thursday, November 10. The company was maintained on Tuesday, July 11 by Piper Jaffray.

Since May 5, 2017, it had 0 insider buys, and 1 insider sale for $2.05 million activity.

The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE:VLP), (the "Partnership"), has approved the Partnership's third quarter 2017 cash distribution of $0.48 per unit. Its up 0.05, from 1.01 in 2017Q1. It dropped, as 11 investors sold VLP shares while 32 reduced holdings. 74 funds opened positions while 311 raised stakes. 278.36 million shares or 0.37% less from 279.41 million shares in 2017Q1 were reported. Valero Energy Corporation had a net margin of 2.17% and a return on equity of 8.59%. Wesbanco State Bank Incorporated holds 0.42% or 126,582 shares. American Century Companies Inc acquired 216,350 shares as Valero Energy Corp New (VLO)'s stock declined 2.47%. State Of Tennessee Treasury Department stated it has 411,645 shares. Inr Advisory Svcs Limited Company invested 0% in Valero Energy Corporation (NYSE:VLO). Ing Groep Nv, Netherlands-based fund reported 119,336 shares. Minnesota-based Us National Bank De has invested 0% in Valero Energy Partners LP (NYSE:VLP). About shares traded. Valero Energy Partners LP (NYSE:VLP) has risen 4.06% since October 19, 2016 and is uptrending. Citadel Advisors LLC now owns 14,813 shares of the pipeline company's stock valued at $676,000 after purchasing an additional 10,213 shares during the period. Atlantic Trust Group Ltd Liability Corp reported 259,848 shares or 0.07% of all its holdings. 30,823 were reported by Neuberger Berman Gru Limited.

04/19/2017 - Valero Energy Partners LP had its "neutral" rating reiterated by analysts at Citigroup.

05/01/2017 - Valero Energy Partners LP had its "overweight" rating reiterated by analysts at Barclays.

ILLEGAL ACTIVITY NOTICE: "Valero Energy Corporation (VLO) to Release Earnings on Thursday" was reported by TrueBlueTribune and is owned by of TrueBlueTribune. They expect $0.71 EPS, down 7.79% or $0.06 from last year's $0.77 per share. VLP's profit will be $49.42M for 14.77 P/E if the $0.71 EPS becomes a reality.

Analysts await Valero Energy Partners LP (NYSE:VLP) to report earnings on October, 26.

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