Valero Energy Corporation (VLO) : Capital Advisors Incok added new position in Valero Energy Corporation during the most recent quarter end. The investment management firm now holds 244,430 shares of Valero Energy Corporation which is valued at $13,284,771 , the company said in a statement filed on Aug 9, 2016 with the SEC.Valero Energy Corporation makes up approximately 1.98% of Capital Advisors Incok’s portfolio.
Other Hedge Funds, Including , Sii Investments Incwi boosted its stake in VLO in the latest quarter, The investment management firm added 1,914 additional shares and now holds a total of 16,942 shares of Valero Energy Corporation which is valued at $918,087. Valero Energy Corporation makes up approx 0.07% of Sii Investments Incwi’s portfolio. Wade G W Inc sold out all of its stake in VLO during the most recent quarter. The investment firm sold 3,634 shares of VLO which is valued $194,419.Foster Motley Inc boosted its stake in VLO in the latest quarter, The investment management firm added 15,170 additional shares and now holds a total of 90,818 shares of Valero Energy Corporation which is valued at $4,968,653. Valero Energy Corporation makes up approx 0.96% of Foster Motley Inc’s portfolio.Cibc World Markets reduced its stake in VLO by selling 75,632 shares or 72.49% in the most recent quarter. The Hedge Fund company now holds 28,702 shares of VLO which is valued at $1,431,656. Valero Energy Corporation makes up approx 0.01% of Cibc World Markets’s portfolio.
Valero Energy Corporation opened for trading at $54.43 and hit $55.29 on the upside on Wednesday, eventually ending the session at $55.17, with a gain of 1.23% or 0.67 points. The heightened volatility saw the trading volume jump to 58,03,411 shares. Company has a market cap of $25,452 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.