Valero Energy Corporation (VLO) : Green Owl Capital Management added new position in Valero Energy Corporation during the most recent quarter end. The investment management firm now holds 41,500 shares of Valero Energy Corporation which is valued at $2.3 Million , the company said in a statement filed on May 12, 2016 with the SEC.Valero Energy Corporation makes up approximately 5.37% of Green Owl Capital Management’s portfolio.
Other Hedge Funds, Including , Advisors Preferred sold out all of its stake in VLO during the most recent quarter. The investment firm sold 182 shares of VLO which is valued $10,030.Bessemer Group Inc reduced its stake in VLO by selling 19,962 shares or 42.64% in the most recent quarter. The Hedge Fund company now holds 26,849 shares of VLO which is valued at $1.5 Million. Valero Energy Corporation makes up approx 0.01% of Bessemer Group Inc’s portfolio.Ls Investment Advisors boosted its stake in VLO in the latest quarter, The investment management firm added 233 additional shares and now holds a total of 15,160 shares of Valero Energy Corporation which is valued at $835,468. Valero Energy Corporation makes up approx 0.06% of Ls Investment Advisors’s portfolio.Los Angeles Capital Management Equity Research Inc boosted its stake in VLO in the latest quarter, The investment management firm added 169,520 additional shares and now holds a total of 748,825 shares of Valero Energy Corporation which is valued at $41.5 Million. Valero Energy Corporation makes up approx 0.37% of Los Angeles Capital Management Equity Research Inc’s portfolio.Mizuho Trust Banking Ltd. boosted its stake in VLO in the latest quarter, The investment management firm added 10,750 additional shares and now holds a total of 760,783 shares of Valero Energy Corporation which is valued at $44.8 Million. Valero Energy Corporation makes up approx 0.14% of Mizuho Trust Banking Ltd.’s portfolio.
Valero Energy Corporation opened for trading at $55.59 and hit $56.3 on the upside on Friday, eventually ending the session at $56.13, with a gain of 1.32% or 0.73 points. The heightened volatility saw the trading volume jump to 34,98,410 shares. Company has a market cap of $26,370 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.