Valero Energy Corporation (VLO) : Amica Pension Fund Board Of Trustees added new position in Valero Energy Corporation during the most recent quarter end. The investment management firm now holds 17,389 shares of Valero Energy Corporation which is valued at $951,352 , the company said in a statement filed on Aug 2, 2016 with the SEC.Valero Energy Corporation makes up approximately 0.12% of Amica Pension Fund Board Of Trustees’s portfolio.
Other Hedge Funds, Including , Ipswich Investment Management sold out all of its stake in VLO during the most recent quarter. The investment firm sold 50 shares of VLO which is valued $2,736.Tocqueville Asset Management boosted its stake in VLO in the latest quarter, The investment management firm added 298 additional shares and now holds a total of 11,949 shares of Valero Energy Corporation which is valued at $624,694. Valero Energy Corporation makes up approx 0.01% of Tocqueville Asset Management’s portfolio.First Midwest Bank Trust Division reduced its stake in VLO by selling 27,713 shares or 26.94% in the most recent quarter. The Hedge Fund company now holds 75,161 shares of VLO which is valued at $3,924,156. Valero Energy Corporation makes up approx 0.47% of First Midwest Bank Trust Division’s portfolio.Lingohr Partner Asset Management Gmbh boosted its stake in VLO in the latest quarter, The investment management firm added 1,700 additional shares and now holds a total of 21,160 shares of Valero Energy Corporation which is valued at $1,055,461. Valero Energy Corporation makes up approx 1.02% of Lingohr Partner Asset Management Gmbh’s portfolio.Raymond James Trust N.a. reduced its stake in VLO by selling 476 shares or 3.37% in the most recent quarter. The Hedge Fund company now holds 13,631 shares of VLO which is valued at $650,608. Valero Energy Corporation makes up approx 0.05% of Raymond James Trust N.a.’s portfolio.
Valero Energy Corporation opened for trading at $54 and hit $54.615 on the upside on Monday, eventually ending the session at $54.19, with a gain of 1.29% or 0.69 points. The heightened volatility saw the trading volume jump to 66,24,378 shares. Company has a market cap of $25,000 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.