Valero Energy Corporation (VLO) : Comerica Securities Inc scooped up 7,598 additional shares in Valero Energy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 15,466 shares of Valero Energy Corporation which is valued at $852,331.Valero Energy Corporation makes up approximately 0.64% of Comerica Securities Inc’s portfolio.
Other Hedge Funds, Including , Balasa Dinverno Foltz boosted its stake in VLO in the latest quarter, The investment management firm added 3,394 additional shares and now holds a total of 25,045 shares of Valero Energy Corporation which is valued at $1.4 Million. Valero Energy Corporation makes up approx 0.25% of Balasa Dinverno Foltz’s portfolio.Profund Advisors boosted its stake in VLO in the latest quarter, The investment management firm added 828 additional shares and now holds a total of 27,917 shares of Valero Energy Corporation which is valued at $1.5 Million. Valero Energy Corporation makes up approx 0.08% of Profund Advisors’s portfolio. Scott Selber sold out all of its stake in VLO during the most recent quarter. The investment firm sold 35,551 shares of VLO which is valued $2 Million.Evercore Wealth Management reduced its stake in VLO by selling 131 shares or 1.73% in the most recent quarter. The Hedge Fund company now holds 7,459 shares of VLO which is valued at $412,930. Valero Energy Corporation makes up approx 0.02% of Evercore Wealth Management’s portfolio.Russell Frank Co reduced its stake in VLO by selling 317,955 shares or 15.16% in the most recent quarter. The Hedge Fund company now holds 1,779,001 shares of VLO which is valued at $104.7 Million. Valero Energy Corporation makes up approx 0.18% of Russell Frank Co’s portfolio.
Valero Energy Corporation opened for trading at $55.27 and hit $55.375 on the upside on Monday, eventually ending the session at $55.19, with a gain of 0.15% or 0.08 points. The heightened volatility saw the trading volume jump to 57,94,808 shares. Company has a market cap of $25,928 M.
On the company’s financial health, Valero Energy Corporation reported $0.60 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $0.65. The company had revenue of $15714.00 million for the quarter, compared to analysts expectations of $17705.49 million. The company’s revenue was down -26.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.87 EPS.
Many Wall Street Analysts have commented on Valero Energy Corporation. Valero Energy Corporation was Downgraded by Tudor Pickering to ” Hold” on May 16, 2016. Valero Energy Corporation 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 (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.