Valero Energy Corporation (VLO) : Trust Investment Advisors reduced its stake in Valero Energy Corporation by 20.19% during the most recent quarter end. The investment management company now holds a total of 22,500 shares of Valero Energy Corporation which is valued at $1,222,875 after selling 5,693 shares in Valero Energy Corporation , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Valero Energy Corporation makes up approximately 1.36% of Trust Investment Advisors’s portfolio.
Other Hedge Funds, Including , Twin Capital Management Inc reduced its stake in VLO by selling 25,340 shares or 30.01% in the most recent quarter. The Hedge Fund company now holds 59,110 shares of VLO which is valued at $3,212,629. Valero Energy Corporation makes up approx 0.23% of Twin Capital Management Inc’s portfolio. Todd Asset Management sold out all of its stake in VLO during the most recent quarter. The investment firm sold 147,430 shares of VLO which is valued $8,065,895.Msi Financial Services Inc boosted its stake in VLO in the latest quarter, The investment management firm added 12,903 additional shares and now holds a total of 24,817 shares of Valero Energy Corporation which is valued at $1,295,696. Valero Energy Corporation makes up approx 0.05% of Msi Financial Services Inc’s portfolio.Spc Financial reduced its stake in VLO by selling 3,100 shares or 7.27% in the most recent quarter. The Hedge Fund company now holds 39,515 shares of VLO which is valued at $1,971,008. Valero Energy Corporation makes up approx 0.69% of Spc Financial’s portfolio.Id Management As boosted its stake in VLO in the latest quarter, The investment management firm added 4,800 additional shares and now holds a total of 65,145 shares of Valero Energy Corporation which is valued at $3,285,262. Valero Energy Corporation makes up approx 1.00% of Id Management As’s portfolio.
Valero Energy Corporation opened for trading at $54.38 and hit $54.71 on the upside on Monday, eventually ending the session at $54.52, with a gain of 0.35% or 0.19 points. The heightened volatility saw the trading volume jump to 49,42,605 shares. Company has a market cap of $25,152 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. 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.