Short Interest Change: Cst Brands (NYSE:CST)’s Stock Is Buy After Less Market Selling

November 30, 2016 - By Darrin Black   ·   0 Comments

Short Interest Change: Cst Brands (NYSE:CST)'s Stock Is Buy After Less Market Selling

The stock of Cst Brands (NYSE:CST) registered a decrease of 11.35% in short interest. CST’s total short interest was 1.71M shares in November as published by FINRA. Its down 11.35% from 1.93 million shares, reported previously. With 392,600 shares average volume, it will take short sellers 4 days to cover their CST’s short positions. The short interest to Cst Brands’s float is 2.31%. About 105,846 shares traded hands. CST Brands Inc (NYSE:CST) has risen 25.32% since April 27, 2016 and is uptrending. It has outperformed by 20.09% the S&P500.

CST Brands, Inc. is a holding company. The company has a market cap of $3.64 billion. The Firm is an independent retail of motor fuel and convenience merchandise in the United States and eastern Canada. It has a 11.07 P/E ratio. The Company’s retail activities include the sale of motor fuel at convenience stores, commission agents and cardlocks; the sale of food, convenience merchandise items and services at convenience stores, and the sale of heating oil to residential clients and heating oil and motor fuel to small commercial customers.

Insitutional Activity: The institutional sentiment decreased to 0.8 in 2016 Q2. Its down 0.25, from 1.05 in 2016Q1. The ratio is negative, as 27 funds sold all CST Brands Inc shares owned while 80 reduced positions. 33 funds bought stakes while 79 increased positions. They now own 68.12 million shares or 1.41% more from 67.17 million shares in 2016Q1.
The New York-based Amalgamated Bancorporation has invested 0.03% in CST Brands Inc (NYSE:CST). Beacon Mngmt has 0% invested in the company for 2 shares. Voloridge Invest Management Limited Liability has 54,879 shares for 0.07% of their US portfolio. King Wealth Management Group Incorporated Limited Liability Corporation last reported 0.16% of its portfolio in the stock. Litespeed Management Limited Liability Corp last reported 6.03% of its portfolio in the stock. Toronto Dominion Bancorporation holds 3 shares or 0% of its portfolio. Kcg Holding Inc reported 14,761 shares or 0.01% of all its holdings. Moreover, Cambiar Limited Company has 0.37% invested in CST Brands Inc (NYSE:CST) for 598,658 shares. Northern Trust, a Illinois-based fund reported 658,082 shares. Trust Of Vermont last reported 44 shares in the company. Advsr Asset holds 0% or 2,000 shares in its portfolio. Zacks Inv last reported 0.04% of its portfolio in the stock. Westport Resource Mngmt has 0% invested in the company for 88 shares. Sun Life Fin last reported 0.01% of its portfolio in the stock. Nationwide Fund has invested 0.06% of its portfolio in CST Brands Inc (NYSE:CST).

Insider Transactions: Since September 2, 2016, the stock had 0 insider purchases, and 1 sale for $4.80 million net activity. $4.80 million worth of CST Brands Inc (NYSE:CST) was sold by Topper Joseph V. Jr..

CST Brands Inc (NYSE:CST) Ratings Coverage

Out of 9 analysts covering CST Brands Inc (NYSE:CST), 1 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 11% are positive. CST Brands Inc has been the topic of 9 analyst reports since September 8, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Gabelli on Tuesday, August 23. The firm has “Outperform” rating by Raymond James given on Wednesday, September 16. The firm has “Neutral” rating given on Monday, August 22 by Mizuho. On Monday, August 22 the stock rating was downgraded by Wells Fargo to “Market Perform”. The company was maintained on Monday, February 22 by Credit Suisse. Jefferies maintained it with “Hold” rating and $41 target price in Wednesday, July 27 report. The firm has “Neutral” rating given on Thursday, August 11 by Citigroup. The rating was downgraded by Macquarie Research on Tuesday, August 23 to “Neutral”.

CST Company Profile

CST Brands, Inc. (CST), incorporated on November 7, 2012, is a holding company. The Firm is an independent retail of motor fuel and convenience merchandise in the United States and eastern Canada. The Company’s retail activities include the sale of motor fuel at convenience stores, commission agents and cardlocks; the sale of food, convenience merchandise items and services at convenience stores, and the sale of heating oil to residential clients and heating oil and motor fuel to small commercial customers. The Firm operates in three divisions: U.S. Retail, Canadian Retail and CrossAmerica. The U.S. Retail segment operates convenience stores, which are located in Arkansas, Arizona, California, Colorado, Louisiana, New Mexico, New York, Oklahoma, Texas and Wyoming. The Canadian Retail segment operates over 870 retail sites located in New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Quebec. The CrossAmerica segment operates sites, which are located in Pennsylvania, New Jersey, Ohio, New York, Massachusetts, Kentucky, New Hampshire, Maine, Florida, Georgia, North Carolina, Maryland, Delaware, Tennessee, Virginia, Illinois, West Virginia, Minnesota, Michigan, Wisconsin, South Dakota, Indiana, Rhode Island, Colorado and Texas.

More important recent CST Brands Inc (NYSE:CST) news were published by: Marketwatch.com which released: “Circle K parent close to deal to buy CST Brands” on August 16, 2016, also Bizjournals.com published article titled: “Pending buyer courted CST Brands for months before CST was interested”, Businesswire.com published: “CST Brands, Inc. Announces Merger Agreement with Alimentation Couche-Tard Inc …” on August 22, 2016. More interesting news about CST Brands Inc (NYSE:CST) was released by: Expressnews.com and their article: “CST Brands now a hot commodity” with publication date: June 08, 2016.

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By Darrin Black

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