CTI Industries (CTIB) Forms $3.91 Double Bottom; Cushing Asset Management LP Has Lowered Its Valero Energy Partners LP (VLP) Holding

CTI Industries Corporation (CTIB) formed double bottom with $3.71 target or 5.00% below today’s $3.91 share price. CTI Industries Corporation (CTIB) has $13.80M valuation. The stock decreased 2.74% or $0.11 during the last trading session, reaching $3.91. About 49 shares traded. CTI Industries Corporation (NASDAQ:CTIB) has declined 30.77% since April 20, 2017 and is downtrending. It has underperformed by 42.32% the S&P500.

Cushing Asset Management Lp decreased Valero Energy Partners Lp (VLP) stake by 1.28% reported in 2017Q4 SEC filing. Cushing Asset Management Lp sold 13,483 shares as Valero Energy Partners Lp (VLP)’s stock declined 21.47%. The Cushing Asset Management Lp holds 1.04 million shares with $46.32 million value, down from 1.05M last quarter. Valero Energy Partners Lp now has $2.87B valuation. The stock decreased 0.37% or $0.15 during the last trading session, reaching $40.65. About 104,003 shares traded. Valero Energy Partners LP (NYSE:VLP) has declined 26.85% since April 20, 2017 and is downtrending. It has underperformed by 38.40% the S&P500.

Among 14 analysts covering Valero Energy Partners LP (NYSE:VLP), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Valero Energy Partners LP had 42 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Valero Energy Partners LP (NYSE:VLP) earned “Neutral” rating by Citigroup on Tuesday, March 27. The stock has “Buy” rating by Jefferies on Wednesday, January 24. Jefferies maintained Valero Energy Partners LP (NYSE:VLP) rating on Thursday, June 22. Jefferies has “Hold” rating and $5000 target. The stock of Valero Energy Partners LP (NYSE:VLP) has “Buy” rating given on Monday, April 24 by RBC Capital Markets. The stock of Valero Energy Partners LP (NYSE:VLP) has “Overweight” rating given on Tuesday, March 13 by JP Morgan. Citigroup maintained Valero Energy Partners LP (NYSE:VLP) on Friday, May 26 with “Buy” rating. The company was initiated on Monday, October 26 by Credit Suisse. The company was maintained on Monday, October 16 by Jefferies. The stock of Valero Energy Partners LP (NYSE:VLP) has “Buy” rating given on Friday, May 26 by ValuEngine. SunTrust maintained Valero Energy Partners LP (NYSE:VLP) on Monday, February 5 with “Buy” rating.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.01, from 0.89 in 2017Q3. It increased, as 10 investors sold VLP shares while 31 reduced holdings. 17 funds opened positions while 20 raised stakes. 19.75 million shares or 1.81% less from 20.12 million shares in 2017Q3 were reported. Connecticut-based Income Prtn Ltd Limited Liability Company has invested 0.15% in Valero Energy Partners LP (NYSE:VLP). Metropolitan Life Ins Com invested in 96,036 shares or 0.06% of the stock. Neuberger Berman Grp Ltd Co stated it has 6,904 shares. Northern Trust Corporation holds 20,400 shares. Bank Of America Corporation De holds 0% or 217,236 shares in its portfolio. Advantus Cap Inc owns 26,300 shares. Barclays Public Limited Liability Co reported 74,429 shares. Conning reported 12,157 shares. Van Eck Assocs Corp invested in 0% or 22,407 shares. Alps Advsr accumulated 11,043 shares. National Bank Of Nova Scotia invested in 5,868 shares. Diversified invested 0.03% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Center Coast Cap Advsr Lp has invested 0.54% in Valero Energy Partners LP (NYSE:VLP). Silvercrest Asset Management Grp Incorporated Ltd reported 282,031 shares or 0.12% of all its holdings. The Texas-based Tph Asset Management Ltd Limited Liability Company has invested 1.26% in Valero Energy Partners LP (NYSE:VLP).

Analysts await Valero Energy Partners LP (NYSE:VLP) to report earnings on April, 26 before the open. They expect $0.67 EPS, down 6.94% or $0.05 from last year’s $0.72 per share. VLP’s profit will be $47.35M for 15.17 P/E if the $0.67 EPS becomes a reality. After $0.71 actual EPS reported by Valero Energy Partners LP for the previous quarter, Wall Street now forecasts -5.63% negative EPS growth.

Cushing Asset Management Lp increased Technipfmc Plc stake by 96,917 shares to 156,917 valued at $4.91M in 2017Q4. It also upped Hi (NYSE:HCLP) stake by 808,375 shares and now owns 868,375 shares. Canadian Nat Res Ltd (NYSE:CNQ) was raised too.

Valero Energy Partners LP (NYSE:VLP) Institutional Positions Chart