CST Brands Inc (CST) : University Of Texas Investment Managment Co has sold out all of its stake in CST Brands Inc during the most recent quarter, according to the disclosure filed by the company on Apr 25, 2016 with the SEC. The investment management company has sold out 55 shares of CST Brands Inc which is valued at $2,077.
CST Brands Inc opened for trading at $37.82 and hit $37.86 on the upside on Monday, eventually ending the session at $37.83, with a gain of 0.16% or 0.06 points. The heightened volatility saw the trading volume jump to 5,08,055 shares. Company has a market cap of $2,861 M.
Other Hedge Funds, Including , Louisiana State Employees Retirement System boosted its stake in CST in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 21,000 shares of CST Brands Inc which is valued at $793,170. CST Brands Inc makes up approx 0.04% of Louisiana State Employees Retirement System’s portfolio. Acadian Asset Management added CST to its portfolio by purchasing 99 company shares during the most recent quarter which is valued at $3,812.Simplex Trading boosted its stake in CST in the latest quarter, The investment management firm added 2,761 additional shares and now holds a total of 22,316 shares of CST Brands Inc which is valued at $859,389. CST Brands Inc makes up approx 0.13% of Simplex Trading’s portfolio.Oregon Public Employees Retirement Fund reduced its stake in CST by selling 3,222 shares or 6.28% in the most recent quarter. The Hedge Fund company now holds 48,097 shares of CST which is valued at $1,852,215. CST Brands Inc makes up approx 0.04% of Oregon Public Employees Retirement Fund’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 CSTs U.S. Retail Segment and sub-wholesalers retail commission agents and non-core Company operated convenience stores.