Valero Energy Corporation (VLO) : Ikos Cif Ltd scooped up 135 additional shares in Valero Energy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 10,973 shares of Valero Energy Corporation which is valued at $596,163.Valero Energy Corporation makes up approximately 1.93% of Ikos Cif Ltd’s portfolio.
Other Hedge Funds, Including , Mitsubishi Ufj Trust Banking Corp reduced its stake in VLO by selling 6,315 shares or 0.6% in the most recent quarter. The Hedge Fund company now holds 1,038,270 shares of VLO which is valued at $56,409,209. Valero Energy Corporation makes up approx 0.12% of Mitsubishi Ufj Trust Banking Corp’s portfolio.Wimmer Associates 1 boosted its stake in VLO in the latest quarter, The investment management firm added 366 additional shares and now holds a total of 10,786 shares of Valero Energy Corporation which is valued at $586,003. Valero Energy Corporation makes up approx 0.51% of Wimmer Associates 1’s portfolio. Peak6 Investments added VLO to its portfolio by purchasing 73,401 company shares during the most recent quarter which is valued at $3,987,876. Valero Energy Corporation makes up approx 0.24% of Peak6 Investments’s portfolio. Icon Advisers Incco added VLO to its portfolio by purchasing 179,550 company shares during the most recent quarter which is valued at $9,758,543. Valero Energy Corporation makes up approx 0.64% of Icon Advisers Incco’s portfolio. Simmons Bank added VLO to its portfolio by purchasing 9,000 company shares during the most recent quarter which is valued at $492,390. Valero Energy Corporation makes up approx 0.05% of Simmons Bank’s portfolio.
Valero Energy Corporation opened for trading at $55.32 and hit $55.94 on the upside on Monday, eventually ending the session at $55.63, with a gain of 0.63% or 0.35 points. The heightened volatility saw the trading volume jump to 35,59,309 shares. Company has a market cap of $25,664 M.
On the company’s financial health, Valero Energy Corporation reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $0.99. The company had revenue of $19584.00 million for the quarter, compared to analysts expectations of $18667.34 million. The company’s revenue was down -22.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.66 EPS.
Many Wall Street Analysts have commented on Valero Energy Corporation. Jefferies Initiated Valero Energy Corporation on Aug 23, 2016 to “Buy”, Price Target of the shares are set at $66.Shares were Reiterated by Scotia Howard Weil on Jul 27, 2016 to “Sector Outperform” and Lowered the Price Target to $ 60 from a previous price target of $61 .Valero Energy Corporation was Downgraded by Tudor Pickering to ” Hold” on May 16, 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.