Addison Capital Co Lowers stake in CST Brands Inc (CST)

CST Brands Inc (CST) : Addison Capital Co reduced its stake in CST Brands Inc by 1.54% during the most recent quarter end. The investment management company now holds a total of 80,183 shares of CST Brands Inc which is valued at $3,087,847 after selling 1,250 shares in CST Brands Inc , the firm said in a disclosure report filed with the SEC on Apr 11, 2016.CST Brands Inc makes up approximately 2.33% of Addison Capital Co’s portfolio.

CST Brands Inc closed down -0.16 points or -0.41% at $38.51 with 4,10,687 shares getting traded on Friday. Post opening the session at $38.49, the shares hit an intraday low of $38.31 and an intraday high of $38.725 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Fruth Investment Management boosted its stake in CST in the latest quarter, The investment management firm added 33 additional shares and now holds a total of 5,506 shares of CST Brands Inc which is valued at $212,421. CST Brands Inc makes up approx 0.11% of Fruth Investment Management’s portfolio.Creative Planning reduced its stake in CST by selling 719 shares or 17.89% in the most recent quarter. The Hedge Fund company now holds 3,301 shares of CST which is valued at $127,353.Weaver C. Barksdale Associates boosted its stake in CST in the latest quarter, The investment management firm added 92 additional shares and now holds a total of 1,184 shares of CST Brands Inc which is valued at $45,679. CST Brands Inc makes up approx 0.03% of Weaver C. Barksdale Associates’s portfolio.

On the company’s financial health, CST Brands Inc reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Feb 19, 2016. Analyst had a consensus of $0.45. The company had revenue of $2107.00 million for the quarter, compared to analysts expectations of $2349.60 million. The company’s revenue was down -22.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.95 EPS.

Many Wall Street Analysts have commented on CST Brands Inc. CST Brands Inc was Initiated by Jefferies to “Hold” on Apr 8, 2016.

CST Brands Inc. (CST) is a holding company. The Company is an independent retail and wholesale distributors of motor fuel and convenience merchandise and services in North America. Its retail operations include the sale of motor fuel at convenience stores commission agents and cardlocks; the sale of convenience merchandise items and services at convenience stores and the sale of heating oil to residential customers and heating oil and motor fuel to small commercial customers. The Company operates in three segments: U.S. Retail which is the Company owned and operated convenience store businesses; Canadian Retail which includes company owned and operated convenience stores commission agents cardlocks and heating oil operations located in Canada and CrossAmerica which distributes motor fuel to lessee dealers independent dealers affiliated dealers CST’s U.S. Retail Segment and sub-wholesalers retail commission agents and non-core Company operated convenience stores.

Leave a Reply

CST Brands Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on CST Brands Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.