CST Brands Inc (CST) : Tudor Investment Corp Et Al added new position in CST Brands Inc during the most recent quarter end. The investment management firm now holds 750,052 shares of CST Brands Inc which is valued at $36,190,009 , the company said in a statement filed on Nov 14, 2016 with the SEC.CST Brands Inc makes up approximately 1.31% of Tudor Investment Corp Et Al’s portfolio.
Other Hedge Funds, Including , First Republic Investment Management reduced its stake in CST by selling 1,000 shares or 19.26% in the most recent quarter. The Hedge Fund company now holds 4,191 shares of CST which is valued at $202,216.Ubs Asset Management Americas Inc boosted its stake in CST in the latest quarter, The investment management firm added 540 additional shares and now holds a total of 78,778 shares of CST Brands Inc which is valued at $3,779,768.Advisors Capital Management reduced its stake in CST by selling 344 shares or 0.55% in the most recent quarter. The Hedge Fund company now holds 62,270 shares of CST which is valued at $2,986,469. CST Brands Inc makes up approx 0.31% of Advisors Capital Management’s portfolio.Cambiar Investors reduced its stake in CST by selling 203,046 shares or 25.33% in the most recent quarter. The Hedge Fund company now holds 598,658 shares of CST which is valued at $28,819,396. CST Brands Inc makes up approx 0.39% of Cambiar Investors’s portfolio. Wealthtrust-arizona sold out all of its stake in CST during the most recent quarter. The investment firm sold 12 shares of CST which is valued $578.
CST Brands Inc opened for trading at $48.05 and hit $48.14 on the upside on Monday, eventually ending the session at $48.11, with a gain of 0.08% or 0.04 points. The heightened volatility saw the trading volume jump to 3,48,091 shares. Company has a market cap of $3,642 M.
On the company’s financial health, CST Brands Inc reported $0.51 EPS for the quarter, missing the analyst consensus estimate by $ -0.08 based on the information available during the earnings call on Nov 7, 2016. Analyst had a consensus of $0.59. The company had revenue of $2466.00 million for the quarter, compared to analysts expectations of $2473.13 million. The company’s revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.12 EPS.
Many Wall Street Analysts have commented on CST Brands Inc. CST Brands Inc was Downgraded by Macquarie to ” Neutral” on Aug 23, 2016. CST Brands Inc was Downgraded by Gabelli & Co to ” Hold” on Aug 23, 2016. Company shares were Downgraded by Mizuho on Aug 22, 2016 to ” Neutral”, Firm has raised the Price Target to $ 48.53 from a previous price target of $45 .
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.