Valero Energy Corporation (VLO) : Green Owl Capital Management scooped up 66,500 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 15, 2016. The investment management firm now holds a total of 108,000 shares of Valero Energy Corporation which is valued at $5,867,640.Valero Energy Corporation makes up approximately 59.18% of Green Owl Capital Management’s portfolio.
Other Hedge Funds, Including , Bluecrest Capital Management Ltd reduced its stake in VLO by selling 92,653 shares or 92.05% in the most recent quarter. The Hedge Fund company now holds 8,000 shares of VLO which is valued at $434,640. Valero Energy Corporation makes up approx 0.04% of Bluecrest Capital Management Ltd’s portfolio.Raymond James Financial Services Advisors boosted its stake in VLO in the latest quarter, The investment management firm added 5,359 additional shares and now holds a total of 117,068 shares of Valero Energy Corporation which is valued at $6,360,304. Valero Energy Corporation makes up approx 0.06% of Raymond James Financial Services Advisors’s portfolio. Insight 2811 sold out all of its stake in VLO during the most recent quarter. The investment firm sold 9,521 shares of VLO which is valued $517,276.Blackrock Group Ltd reduced its stake in VLO by selling 163,267 shares or 2.91% in the most recent quarter. The Hedge Fund company now holds 5,446,498 shares of VLO which is valued at $295,908,236. Valero Energy Corporation makes up approx 0.15% of Blackrock Group Ltd’s portfolio. Kwmg added VLO to its portfolio by purchasing 6,402 company shares during the most recent quarter which is valued at $319,332. Valero Energy Corporation makes up approx 0.17% of Kwmg’s portfolio.
Valero Energy Corporation closed down -1.06 points or -1.92% at $54.29 with 52,81,497 shares getting traded on Thursday. Post opening the session at $55.37, the shares hit an intraday low of $53.87 and an intraday high of $55.4 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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 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.