Addison Capital Co buys $3,843,836 stake in CST Brands Inc (CST)

CST Brands Inc (CST) : Addison Capital Co scooped up 4,483 additional shares in CST Brands Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 84,666 shares of CST Brands Inc which is valued at $3,843,836.CST Brands Inc makes up approximately 3.34% of Addison Capital Co’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management sold out all of its stake in CST during the most recent quarter. The investment firm sold 99 shares of CST which is valued $4,481.Fruth Investment Management reduced its stake in CST by selling 55 shares or 1.0% in the most recent quarter. The Hedge Fund company now holds 5,451 shares of CST which is valued at $241,043. CST Brands Inc makes up approx 0.11% of Fruth Investment Management’s portfolio.Creative Planning reduced its stake in CST by selling 291 shares or 8.82% in the most recent quarter. The Hedge Fund company now holds 3,010 shares of CST which is valued at $133,102.Weaver C. Barksdale Associates reduced its stake in CST by selling 40 shares or 3.38% in the most recent quarter. The Hedge Fund company now holds 1,144 shares of CST which is valued at $50,588. CST Brands Inc makes up approx 0.09% of Weaver C. Barksdale Associates’s portfolio.

CST Brands Inc closed down -0.05 points or -0.11% at $45.26 with 4,40,008 shares getting traded on Wednesday. Post opening the session at $45.5, the shares hit an intraday low of $45.055 and an intraday high of $45.67 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, CST Brands Inc reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 6, 2016. Analyst had a consensus of $0.23. The company had revenue of $2034.00 million for the quarter, compared to analysts expectations of $2260.66 million. The company’s revenue was down -8.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.20 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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