River Road Asset Management Boosted By $1.18 Million Its General Motors Company (GM) Stake; Valero Energy (VLO) Shorts Increased By 3.61%

February 15, 2018 - By Peter Erickson

River Road Asset Management Llc increased General Motors Company (GM) stake by 9.35% reported in 2017Q3 SEC filing. River Road Asset Management Llc acquired 29,513 shares as General Motors Company (GM)’s stock declined 12.09%. The River Road Asset Management Llc holds 345,183 shares with $13.94 million value, up from 315,670 last quarter. General Motors Company now has $58.24B valuation. The stock decreased 0.69% or $0.29 during the last trading session, reaching $41.52. About 4.34M shares traded. General Motors Company (NYSE:GM) has risen 7.92% since February 15, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Valero Energy Corporation (NYSE:VLO) had an increase of 3.61% in short interest. VLO’s SI was 17.22 million shares in February as released by FINRA. Its up 3.61% from 16.62M shares previously. With 3.32M avg volume, 5 days are for Valero Energy Corporation (NYSE:VLO)’s short sellers to cover VLO’s short positions. The stock decreased 0.21% or $0.19 during the last trading session, reaching $92.44. About 1.45 million shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since February 15, 2017 and is uptrending. It has underperformed by 1.41% the S&P500.

Among 29 analysts covering General Motors Company (NYSE:GM), 16 have Buy rating, 3 Sell and 10 Hold. Therefore 55% are positive. General Motors Company had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Monday, May 16. On Friday, September 18 the stock rating was maintained by S&P Research with “Strong Buy”. The rating was maintained by UBS on Friday, July 24 with “Buy”. On Wednesday, September 2 the stock rating was maintained by Citigroup with “Buy”. The stock has “Neutral” rating by Nomura on Thursday, February 8. The rating was maintained by Tigress Financial on Friday, March 31 with “Strong-Buy”. As per Thursday, October 22, the company rating was maintained by UBS. The firm earned “Buy” rating on Monday, February 12 by Citigroup. Morgan Stanley initiated it with “Underweight” rating and $26 target in Wednesday, February 24 report. The rating was maintained by Guggenheim on Wednesday, February 7 with “Buy”.

River Road Asset Management Llc decreased Bb&T Corporation (NYSE:BBT) stake by 49,569 shares to 2.21M valued at $103.74M in 2017Q3. It also reduced Sp Plus Corporation (NASDAQ:SP) stake by 323,130 shares and now owns 540,779 shares. Associated Capital Group Inc. was reduced too.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.15, from 1.02 in 2017Q2. It dived, as 66 investors sold GM shares while 322 reduced holdings. 96 funds opened positions while 242 raised stakes. 1.01 billion shares or 1.95% less from 1.03 billion shares in 2017Q2 were reported. Lumbard And Kellner Ltd Liability Com owns 41,826 shares or 0.92% of their US portfolio. Driehaus Mgmt Ltd Company has 319,116 shares for 0.5% of their portfolio. Baskin Fin Ser has 311,807 shares for 2.45% of their portfolio. Ny State Teachers Retirement System owns 2.39 million shares for 0.24% of their portfolio. Argi Svcs Lc has 0.13% invested in General Motors Company (NYSE:GM). Moreover, Meiji Yasuda Life Insurance has 0.24% invested in General Motors Company (NYSE:GM). Benchmark Advisors invested 4.33% in General Motors Company (NYSE:GM). Amalgamated Bank holds 0.19% or 151,791 shares. Rmb Cap Mgmt Ltd Liability holds 0.02% or 15,052 shares in its portfolio. Putnam Invests Ltd Limited Liability Company accumulated 2.15 million shares. Amer Savings Bank has invested 1.22% in General Motors Company (NYSE:GM). Zeke Cap Advisors Ltd Liability Com reported 0.08% stake. Westwood Group Inc has invested 0.01% in General Motors Company (NYSE:GM). Freestone Capital Holdg Ltd holds 1.5% in General Motors Company (NYSE:GM) or 522,808 shares. Amp Capital Investors Ltd has 0.15% invested in General Motors Company (NYSE:GM).

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing firm in the United States, Canada, the United Kingdom, and Ireland. The company has market cap of $40.45 billion. It operates through two divisions, Refining and Ethanol. It has a 10.09 P/E ratio. The firm is involved in refining, marketing, and bulk sales activities.

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 firm has “Buy” rating by Citigroup given on Wednesday, February 14. The firm has “Buy” rating given on Wednesday, August 23 by Jefferies. The rating was maintained by Cowen & Co with “Outperform” on Thursday, September 28. Cowen & Co maintained the shares of VLO in report on Wednesday, August 30 with “Buy” rating. As per Wednesday, April 26, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Credit Suisse on Monday, April 11 to “Neutral”. The firm earned “Buy” rating on Wednesday, January 24 by Bank of America. The stock of Valero Energy Corporation (NYSE:VLO) has “Neutral” rating given on Wednesday, November 15 by UBS. The stock of Valero Energy Corporation (NYSE:VLO) has “Overweight” rating given on Tuesday, October 10 by Barclays Capital. Standpoint Research downgraded Valero Energy Corporation (NYSE:VLO) on Thursday, November 16 to “Hold” rating.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.19, from 1.19 in 2017Q2. It turned negative, as 46 investors sold Valero Energy Corporation 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. Magnetar Ltd Liability has 0.01% invested in Valero Energy Corporation (NYSE:VLO) for 7,500 shares. The Colorado-based Alps has invested 0.36% in Valero Energy Corporation (NYSE:VLO). Cwm Limited invested in 931 shares. Oppenheimer Asset Management Incorporated owns 0.06% invested in Valero Energy Corporation (NYSE:VLO) for 28,406 shares. Hugh Johnson Ltd Liability Com invested in 65,418 shares or 1.51% of the stock. Pub Sector Pension Investment Board has invested 0.02% in Valero Energy Corporation (NYSE:VLO). Chicago Equity Prns Limited Liability Corporation reported 71,075 shares. Ubs Asset Americas reported 0.17% of its portfolio in Valero Energy Corporation (NYSE:VLO). Kentucky Retirement has invested 0.16% in Valero Energy Corporation (NYSE:VLO). Cincinnati Specialty Underwriters, a Ohio-based fund reported 14,133 shares. Parkside Natl Bank & owns 378 shares. Andra Ap has 0.13% invested in Valero Energy Corporation (NYSE:VLO). Moreover, Sun Life has 0.02% invested in Valero Energy Corporation (NYSE:VLO). West Oak Capital Lc has invested 0% in Valero Energy Corporation (NYSE:VLO). Credit Agricole S A accumulated 3.21M shares.

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