Mutual Of America Capital Management buys $18,456,075 stake in CST Brands Inc (CST)

CST Brands Inc (CST) : Mutual Of America Capital Management scooped up 70,791 additional shares in CST Brands Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 416,146 shares of CST Brands Inc which is valued at $18,456,075.CST Brands Inc makes up approximately 0.38% of Mutual Of America Capital Management’s portfolio.

Other Hedge Funds, Including , State Treasurer State Of Michigan boosted its stake in CST in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 30,384 shares of CST Brands Inc which is valued at $1,347,530. CST Brands Inc makes up approx 0.01% of State Treasurer State Of Michigan’s portfolio. Gierl Augustine Investment Management Inc sold out all of its stake in CST during the most recent quarter. The investment firm sold 44 shares of CST which is valued $1,946.

CST Brands Inc closed down -0.19 points or -0.43% at $43.88 with 3,35,029 shares getting traded on Monday. Post opening the session at $43.27, the shares hit an intraday low of $43.24 and an intraday high of $44.45 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, CST Brands Inc reported $0.39 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Aug 5, 2016. Analyst had a consensus of $0.45. The company had revenue of $2518.00 million for the quarter, compared to analysts expectations of $2540.02 million. The company’s revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.31 EPS.

Many Wall Street Analysts have commented on CST Brands Inc. CST Brands Inc was Downgraded by Raymond James to ” Mkt Perform” on Jul 25, 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.

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