Quantres Asset Management Ltd buys $3,701,096 stake in Valero Energy Corporation (VLO)

Valero Energy Corporation (VLO) : Quantres Asset Management Ltd scooped up 51,900 additional shares in Valero Energy Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 74,200 shares of Valero Energy Corporation which is valued at $3,701,096.Valero Energy Corporation makes up approximately 2.20% of Quantres Asset Management Ltd’s portfolio.

Other Hedge Funds, Including , New Century Investment Management Inc reduced its stake in VLO by selling 7,463 shares or 13.79% in the most recent quarter. The Hedge Fund company now holds 46,671 shares of VLO which is valued at $2,327,949. Valero Energy Corporation makes up approx 1.20% of New Century Investment Management Inc’s portfolio. Sentinel Trust Co Lba added VLO to its portfolio by purchasing 15,100 company shares during the most recent quarter which is valued at $766,778. Valero Energy Corporation makes up approx 0.11% of Sentinel Trust Co Lba’s portfolio.Balasa Dinverno Foltz boosted its stake in VLO in the latest quarter, The investment management firm added 1,587 additional shares and now holds a total of 26,632 shares of Valero Energy Corporation which is valued at $1,343,052. Valero Energy Corporation makes up approx 0.24% of Balasa Dinverno Foltz’s portfolio.New England Research Management boosted its stake in VLO in the latest quarter, The investment management firm added 19,500 additional shares and now holds a total of 30,000 shares of Valero Energy Corporation which is valued at $1,495,200. Valero Energy Corporation makes up approx 1.30% of New England Research Management’s portfolio.

Valero Energy Corporation closed down -0.07 points or -0.14% at $50.78 with 45,08,950 shares getting traded on Wednesday. Post opening the session at $51.06, the shares hit an intraday low of $50.5 and an intraday high of $51.15 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Valero Energy Corporation reported $0.60 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $0.65. The company had revenue of $15714.00 million for the quarter, compared to analysts expectations of $17705.49 million. The company’s revenue was down -26.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.87 EPS.

Many Wall Street Analysts have commented on Valero Energy Corporation. 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.

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