Balasa Dinverno & Foltz Has Lowered By $1.01 Million Its Valero Energy Corp. (VLO) Position; Matador Resources Co (MTDR) Covered By 15 Bullish Analysts Last Week

August 1, 2017 - By Winifred Garcia

Balasa Dinverno & Foltz Llc decreased Valero Energy Corp. (VLO) stake by 62.08% reported in 2016Q4 SEC filing. Balasa Dinverno & Foltz Llc sold 14,812 shares as Valero Energy Corp. (VLO)’s stock declined 2.47%. The Balasa Dinverno & Foltz Llc holds 9,046 shares with $618,000 value, down from 23,858 last quarter. Valero Energy Corp. now has $30.85B valuation. The stock rose 0.04% or $0.03 reaching $69. About 2,547 shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since August 1, 2016 and is uptrending. It has underperformed by 1.41% the S&P500.

Among 22 analysts covering Matador Resources (NYSE:MTDR), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Matador Resources had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 4 by Wunderlich. The firm earned “Accumulate” rating on Tuesday, January 19 by KLR Group. The firm has “Accumulate” rating given on Wednesday, September 21 by KLR Group. The firm has “Neutral” rating by Bank of America given on Wednesday, December 16. RBC Capital Markets maintained it with “Outperform” rating and $34 target in Friday, February 3 report. JP Morgan maintained the stock with “Overweight” rating in Tuesday, March 15 report. The rating was initiated by Nomura with “Neutral” on Thursday, December 3. Stifel Nicolaus maintained the shares of MTDR in report on Thursday, February 25 with “Buy” rating. Canaccord Genuity initiated it with “Hold” rating and $26 target in Tuesday, October 20 report. Northland Capital maintained the shares of MTDR in report on Thursday, August 6 with “Outperform” rating. See Matador Resources Co (NYSE:MTDR) latest ratings:

20/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $28.0000 Maintain
19/07/2017 Broker: Bank of America Old Rating: Neutral New Rating: Neutral New Target: $26 Maintain
18/07/2017 Broker: Imperial Capital Old Rating: Outperform New Rating: Outperform New Target: $32 Initiates Coverage On
17/07/2017 Broker: Northland Capital Rating: Buy New Target: $33.0000 Maintain
13/07/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $32.0000 Maintain
06/07/2017 Broker: Barclays Capital Rating: Hold New Target: $24.0000
29/06/2017 Broker: Scotia Capital Rating: Buy New Target: $26.0000
26/06/2017 Broker: BMO Capital Markets Rating: Buy New Target: $23.0000 Maintain
15/06/2017 Broker: RBC Capital Markets Rating: Buy New Target: $34.0000 Maintain
02/06/2017 Broker: Credit Suisse Rating: Outperform New Target: $34 Initiates Coverage On

Balasa Dinverno & Foltz Llc increased Spdr Msci A Cwi Ex (CWI) stake by 46,983 shares to 104,658 valued at $3.30 million in 2016Q4. It also upped Ishares Msci Emerging Market (EEM) stake by 70,572 shares and now owns 83,068 shares. Ishares Msci Eafe (EFA) was raised too.

Among 20 analysts covering Valero Energy Corporation (NYSE:VLO), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Valero Energy Corporation had 44 analyst reports since July 24, 2015 according to SRatingsIntel. Howard Weil maintained Valero Energy Corporation (NYSE:VLO) on Wednesday, October 26 with “Sector Outperform” rating. The firm has “Hold” rating by Tudor Pickering given on Monday, May 16. As per Wednesday, October 19, the company rating was maintained by Citigroup. Jefferies maintained it with “Buy” rating and $8000 target in Thursday, July 27 report. Citigroup maintained the shares of VLO in report on Monday, July 17 with “Buy” rating. The stock of Valero Energy Corporation (NYSE:VLO) has “Outperform” rating given on Friday, January 29 by RBC Capital Markets. The stock of Valero Energy Corporation (NYSE:VLO) has “Outperform” rating given on Tuesday, January 26 by Credit Suisse. On Monday, August 3 the stock rating was maintained by Oppenheimer with “Outperform”. The company was initiated on Tuesday, August 23 by Jefferies. The firm has “Buy” rating given on Wednesday, December 16 by Argus Research.

Since February 22, 2017, it had 0 insider purchases, and 2 selling transactions for $2.12 million activity. Shares for $2.05M were sold by Riggs R. Lane. The insider Waters Stephen M sold 1,000 shares worth $66,194.

Investors sentiment increased to 1.06 in 2016 Q4. Its up 0.05, from 1.01 in 2016Q3. It improved, as 56 investors sold VLO shares while 309 reduced holdings. 120 funds opened positions while 268 raised stakes. 341.48 million shares or 0.17% less from 342.05 million shares in 2016Q3 were reported. Asset Mgmt invested in 50,532 shares or 0.13% of the stock. Johnson Grp Inc has 37,905 shares. Umb Bancorp N A Mo accumulated 0.05% or 19,863 shares. Moreover, Narwhal Cap Mngmt has 0.57% invested in Valero Energy Corporation (NYSE:VLO) for 27,950 shares. Spectrum Group Incorporated Incorporated invested in 16,945 shares. Sls Mngmt Limited Liability Corporation reported 25,450 shares stake. Bancorpsouth Incorporated has invested 0.34% in Valero Energy Corporation (NYSE:VLO). Moreover, Hanseatic Ser has 0.01% invested in Valero Energy Corporation (NYSE:VLO). Conning invested in 1.23% or 452,865 shares. Tortoise Capital Ltd Com accumulated 13,534 shares. Richard Bernstein Advsr Limited Liability Company stated it has 0.21% of its portfolio in Valero Energy Corporation (NYSE:VLO). Sentinel Communications Lba holds 0.36% or 36,415 shares. Yhb Invest holds 0.05% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 3,366 shares. Choate Investment Advsr holds 0% or 4,847 shares. Moreover, Homrich Berg has 0.06% invested in Valero Energy Corporation (NYSE:VLO) for 10,104 shares.

It closed at $24.26 lastly. It is down 11.95% since August 1, 2016 and is uptrending. It has underperformed by 4.75% the S&P500.

Since February 27, 2017, it had 3 buys, and 1 sale for $67,490 activity. Foran Joseph Wm sold 11,000 shares worth $254,320. Shares for $242,300 were bought by STEWART KENNETH L.. FORRESTER JULIA P. bought $49,440 worth of stock or 2,000 shares.

Investors sentiment decreased to 1.09 in 2016 Q4. Its down 0.02, from 1.11 in 2016Q3. It fall, as 36 investors sold Matador Resources Co shares while 54 reduced holdings. 36 funds opened positions while 62 raised stakes. 84.51 million shares or 7.43% more from 78.67 million shares in 2016Q3 were reported. Assetmark Incorporated holds 2,102 shares. Engineers Gate Manager Lp holds 0.08% or 28,436 shares. Alliancebernstein Lp stated it has 1.14 million shares or 0.02% of all its holdings. Barclays Public Limited has 87,719 shares for 0% of their portfolio. Bluecrest Management Limited holds 0.06% or 40,280 shares in its portfolio. Cortina Asset Management Ltd Liability Corp owns 419,303 shares or 0.45% of their US portfolio. Rainier Invest Mgmt Limited Liability accumulated 216,090 shares. Essex Investment Mgmt Communication Lc owns 51,969 shares. Portolan Capital Mgmt Limited has invested 1.49% of its portfolio in Matador Resources Co (NYSE:MTDR). Great West Life Assurance Can, a Manitoba – Canada-based fund reported 8,458 shares. Zeke Ltd reported 8,212 shares or 0.06% of all its holdings. 55,332 are held by Commonwealth Equity Inc. Moreover, Caxton Associates L P has 0.03% invested in Matador Resources Co (NYSE:MTDR) for 23,700 shares. Friedberg Invest reported 107,710 shares or 1.27% of all its holdings. 15,800 are owned by Capstone Invest Ltd Limited Liability Company.

Matador Resources Company is an independent energy firm engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The company has market cap of $2.43 billion. The Company’s divisions include exploration and production, and midstream. It has a 40.75 P/E ratio. The Company’s activities are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.