Valero Energy Corporation (VLO) : Harel Insurance Investments Financial Services Ltd. reduced its stake in Valero Energy Corporation by 0.15% during the most recent quarter end. The investment management company now holds a total of 272,165 shares of Valero Energy Corporation which is valued at $14,890,147 after selling 408 shares in Valero Energy Corporation , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Valero Energy Corporation makes up approximately 1.70% of Harel Insurance Investments Financial Services Ltd.’s portfolio.
Other Hedge Funds, Including , Cutter Co Brokerage reduced its stake in VLO by selling 340 shares or 5.71% in the most recent quarter. The Hedge Fund company now holds 5,613 shares of VLO which is valued at $307,087. Valero Energy Corporation makes up approx 0.13% of Cutter Co Brokerage’s portfolio. Traynor Capital Management added VLO to its portfolio by purchasing 4,661 company shares during the most recent quarter which is valued at $243,351. Valero Energy Corporation makes up approx 0.18% of Traynor Capital Management’s portfolio.Old Mutual Global Investors (uk) Ltd. boosted its stake in VLO in the latest quarter, The investment management firm added 1,717,712 additional shares and now holds a total of 1,810,144 shares of Valero Energy Corporation which is valued at $90,289,983. Valero Energy Corporation makes up approx 1.61% of Old Mutual Global Investors (uk) Ltd.’s portfolio.Iab Financial Bank boosted its stake in VLO in the latest quarter, The investment management firm added 4,695 additional shares and now holds a total of 17,935 shares of Valero Energy Corporation which is valued at $910,739. Valero Energy Corporation makes up approx 0.56% of Iab Financial Bank’s portfolio.Davenport Co reduced its stake in VLO by selling 100 shares or 0.75% in the most recent quarter. The Hedge Fund company now holds 13,276 shares of VLO which is valued at $657,693. Valero Energy Corporation makes up approx 0.01% of Davenport Co’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.