Legacy Private Trust Lowers stake in VALERO ENERGY CORP NEW COM (VLO)

VALERO ENERGY CORP NEW COM (VLO) : Legacy Private Trust reduced its stake in VALERO ENERGY CORP NEW COM by 0.96% during the most recent quarter end. The investment management company now holds a total of 122,076 shares of VALERO ENERGY CORP NEW COM which is valued at $7,475,934 after selling 1,184 shares in VALERO ENERGY CORP NEW COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.VALERO ENERGY CORP NEW COM makes up approximately 1.12% of Legacy Private Trust’s portfolio.

VALERO ENERGY CORP NEW COM opened for trading at $61.77 and hit $62.535 on the upside on Wednesday, eventually ending the session at $62.19, with a gain of 0.61% or 0.38 points. The heightened volatility saw the trading volume jump to 46,11,792 shares. Company has a market cap of $29,254 M.

Other Hedge Funds, Including , Transamerica Financial Advisors boosted its stake in VLO in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 1,300 shares of VALERO ENERGY CORP NEW COM which is valued at $79,612. VALERO ENERGY CORP NEW COM makes up approx 0.01% of Transamerica Financial Advisors’s portfolio.Fisher Asset Management boosted its stake in VLO in the latest quarter, The investment management firm added 5,653 additional shares and now holds a total of 180,946 shares of VALERO ENERGY CORP NEW COM which is valued at $11,081,133. VALERO ENERGY CORP NEW COM makes up approx 0.02% of Fisher Asset Management’s portfolio.Signature Estate Investment Advisors boosted its stake in VLO in the latest quarter, The investment management firm added 651 additional shares and now holds a total of 2,418 shares of VALERO ENERGY CORP NEW COM which is valued at $143,847. VALERO ENERGY CORP NEW COM makes up approx 0.02% of Signature Estate Investment Advisors’s portfolio.Kistler-tiffany Companies boosted its stake in VLO in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 281 shares of VALERO ENERGY CORP NEW COM which is valued at $17,068. VALERO ENERGY CORP NEW COM makes up approx 0.01% of Kistler-tiffany Companies’s portfolio.

On the company’s financial health, VALERO ENERGY CORP NEW COM reported $1.79 EPS for the quarter, beating the analyst consensus estimate by $ 0.31 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $1.48. The company had revenue of $18777.00 million for the quarter, compared to analysts expectations of $16915.98 million. The company’s revenue was down -32.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.83 EPS.

Many Wall Street Analysts have commented on VALERO ENERGY CORP NEW COM. VALERO ENERGY CORP NEW COM was Downgraded by Credit Suisse to ” Neutral” on Apr 11, 2016. Shares were Reiterated by Barclays on Apr 8, 2016 to “Overweight” and Lowered the Price Target to $ 85 from a previous price target of $93 .VALERO ENERGY CORP NEW COM was Upgraded by BofA/Merrill to ” Neutral” on Mar 3, 2016.

Valero Energy Corp (Valero) is an international manufacturer and marketer of transportation fuels other petrochemical products and power. The Company’s refineries can produce conventional gasolines premium gasolines gasoline diesel fuel low-sulfur diesel fuel ultra-low-sulfur diesel fuel CARB diesel fuel other distillates jet fuel asphalt petrochemicals lubricants and other refined products. The Company markets branded and unbranded refined products through approximately 7400 outlets. The Company also owns 11 ethanol plants in the central plains region of the United States that primarily produce ethanol. The Company operates through two segments. The refining segment includes refining operations wholesale marketing product supply and distribution and transportation operations in the United States Canada the United Kingdom Aruba and Ireland. Its ethanol segment primarily includes sale of internally produced ethanol and distillers grains.

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