Cable Hill Partners LLC raised its stake in shares of Valero Energy by 1,015.3% during the 3rd quarter. Stifel Financial Corp now owns 1,378,101 shares of the oil and gas company's stock worth $106,014,000 after acquiring an additional 1,350,627 shares during the last quarter. The institutional investor owned 27,449 shares of the oil and gas company's stock after purchasing an additional 1,068 shares during the quarter. Harvest Fund Management Co. FMR LLC lifted its holdings in shares of Valero Energy by 146.1% in the second quarter. Finally, Chicago Partners Investment Group LLC raised its stake in Valero Energy by 300.6% during the third quarter. According to the most recent data, Valero Energy Corporation has a 52-week high of $99.95 and a 52-week low of $60.69. (VLO) opened at $94.69 on Friday.
They expect $0.72 EPS, down 6.94% or $0.05 from last year's $0.77 per share. Nepsis Capital Management Inc who had been investing in United States Stl Corp New for a number of months, seems to be bullish on the $6.11 billion market cap company. The institutional investor held 424,190 shares of the natural gas distribution company at the end of 2017Q3, valued at $18.55 million, up from 403,190 at the end of the previous reported quarter. The business had revenue of $26.39 billion during the quarter, compared to the consensus estimate of $23.02 billion. Valero Energy Partners LP (NYSE:VLP) has risen 4.06% since February 2, 2017 and is uptrending. The business's revenue for the quarter was up 27.4% compared to the same quarter a year ago. During the same quarter in the prior year, the business posted $0.61 earnings per share. Stockholders of record on Tuesday, February 13th will be issued a $0.80 dividend.
On 11/1/2017 announced a quarterly dividend of $0.70 3.43% with an ex dividend date of 11/20/2017 which will be payable on 11/21/2017. This is a positive change from Valero Energy's previous quarterly dividend of $0.70. Valero Energy's payout ratio is now 60.48%. While talking about Performance of the Stock, Valero Energy Corporation now has a Weekly performance of -2.56%, monthly performance percentage is 2.04 percent, Quarterly performance is 20.03 percent, 6 months performance shows a percent value of 38.23% and Yearly Performance is 44.85 percent. This repurchase authorization allows the oil and gas company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.
A number of equities research analysts have recently weighed in on VLO shares.
Ratings analysis reveals 45% of Valero Energy Corporation's analysts are positive. Royal Bank of Canada reissued a "buy" rating and issued a $110.00 price target on shares of Valero Energy in a report on Tuesday. Jefferies maintained the stock with "Hold" rating in Thursday, June 22 report. The rating was maintained by Axiom Capital with "Buy" on Monday, December 28. The stock of Valero Energy Partners LP (NYSE:VLP) has "Equal-Weight" rating given on Wednesday, January 17 by Barclays Capital. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company's stock. The company now has an average rating of "Hold" and a consensus price target of $87.33. Mengis Capital Management Inc sold 10,349 shares as Valero Energy Corp (VLO)'s stock declined 2.47%. Teachers Retirement System Of The State Of Kentucky sold 21,000 shares as the company's stock rose 20.33% with the market. 53,012 shares were sold by CISKOWSKI MICHAEL S, worth $3.86 million.
On 12/13/2017 Stephen M. Waters, Director, sold 1,000 with an average share price of $87.23 per share and the total transaction amounting to $87,230.00. Heritage Invsts Management owns 112,185 shares. The disclosure for this sale can be found here. Looking back over the last month, shares have performed 4.42%. If you are viewing this article on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright & trademark laws. Hightower Advsrs reported 102,425 shares. If you are accessing this piece of content on another domain, it was stolen and republished in violation of worldwide copyright & trademark legislation. Amazon.com had 254 analyst reports since July 21, 2015 according to SRatingsIntel.
Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer.
Among 22 analysts covering Valero Energy Corporation (NYSE:VLO), 10 have Buy rating, 0 Sell and 12 Hold.
Since September 6, 2017, it had 0 insider buys, and 5 selling transactions for $27.57 million activity.