Valero Energy Co. (VLO) Position Raised by Unigestion Holding SA

Unigestion Holding SA boosted its position in Valero Energy Co. (NYSE:VLO) by 4.1% in the 3rd quarter, Holdings Channel reports. The firm owned 106,910 shares of the oil and gas company’s stock after acquiring an additional 4,179 shares during the period. Unigestion Holding SA’s holdings in Valero Energy were worth $12,161,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of VLO. FMR LLC lifted its stake in Valero Energy by 71.1% in the 2nd quarter. FMR LLC now owns 16,436,742 shares of the oil and gas company’s stock valued at $1,821,684,000 after purchasing an additional 6,831,581 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Valero Energy by 58.3% in the 2nd quarter. Janus Henderson Group PLC now owns 1,757,883 shares of the oil and gas company’s stock valued at $194,827,000 after purchasing an additional 647,321 shares during the last quarter. Natixis lifted its stake in Valero Energy by 118.4% in the 2nd quarter. Natixis now owns 1,109,729 shares of the oil and gas company’s stock valued at $122,991,000 after purchasing an additional 601,582 shares during the last quarter. Cornerstone Wealth Management LLC lifted its stake in Valero Energy by 12,113.4% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 327,198 shares of the oil and gas company’s stock valued at $2,995,000 after purchasing an additional 324,519 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its stake in Valero Energy by 51.6% in the 2nd quarter. Acadian Asset Management LLC now owns 811,810 shares of the oil and gas company’s stock valued at $89,974,000 after purchasing an additional 276,345 shares during the last quarter. Institutional investors and hedge funds own 78.12% of the company’s stock.

Shares of VLO stock opened at $87.58 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.59 and a quick ratio of 1.10. The company has a market cap of $39.57 billion, a price-to-earnings ratio of 17.66, a P/E/G ratio of 0.76 and a beta of 1.15. Valero Energy Co. has a 12-month low of $80.00 and a 12-month high of $126.98.

Valero Energy (NYSE:VLO) last issued its quarterly earnings data on Thursday, October 25th. The oil and gas company reported $2.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.95 by $0.06. The firm had revenue of $30.85 billion during the quarter, compared to the consensus estimate of $31.82 billion. Valero Energy had a net margin of 3.96% and a return on equity of 11.90%. On average, sell-side analysts anticipate that Valero Energy Co. will post 6.47 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 12th. Shareholders of record on Tuesday, November 20th will be given a dividend of $0.80 per share. The ex-dividend date is Monday, November 19th. This represents a $3.20 annualized dividend and a yield of 3.65%. Valero Energy’s dividend payout ratio (DPR) is presently 64.52%.

Several brokerages recently issued reports on VLO. Credit Suisse Group upgraded shares of Valero Energy from a “neutral” rating to an “outperform” rating and cut their target price for the company from $135.00 to $120.00 in a research note on Thursday, November 1st. Morgan Stanley cut their target price on shares of Valero Energy from $145.00 to $135.00 and set a “buy” rating for the company in a research note on Monday, October 29th. Raymond James cut their target price on shares of Valero Energy from $141.00 to $117.00 and set an “outperform” rating for the company in a research note on Friday, October 26th. Wells Fargo & Co cut their target price on shares of Valero Energy from $141.00 to $135.00 and set a “buy” rating for the company in a research note on Friday, October 26th. Finally, Goldman Sachs Group downgraded shares of Valero Energy from a “neutral” rating to a “sell” rating in a research note on Friday, October 19th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $115.82.

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Valero Energy Profile

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company. It operates through three segments: Refining, Ethanol, and VLP (Valero Energy Partners LP). The company is involved in oil and gas refining, marketing, and bulk selling activities. It produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel, other distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined petroleum products.

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Institutional Ownership by Quarter for Valero Energy (NYSE:VLO)

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