AT Bancorp lowered its position in Valero Energy Corporation (NYSE:VLO) by 57.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,999 shares of the oil and gas company’s stock after selling 13,246 shares during the period. AT Bancorp’s holdings in Valero Energy Corporation were worth $675,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Tompkins Financial Corp increased its position in shares of Valero Energy Corporation by 190.3% in the first quarter. Tompkins Financial Corp now owns 1,701 shares of the oil and gas company’s stock worth $109,000 after buying an additional 1,115 shares during the last quarter. Americafirst Capital Management LLC increased its position in shares of Valero Energy Corporation by 47.6% in the first quarter. Americafirst Capital Management LLC now owns 2,181 shares of the oil and gas company’s stock worth $145,000 after buying an additional 703 shares during the last quarter. DnB Asset Management AS increased its position in shares of Valero Energy Corporation by 20.7% in the first quarter. DnB Asset Management AS now owns 53,027 shares of the oil and gas company’s stock worth $3,515,000 after buying an additional 9,100 shares during the last quarter. Bank of The West increased its position in shares of Valero Energy Corporation by 3.7% in the first quarter. Bank of The West now owns 52,969 shares of the oil and gas company’s stock worth $3,512,000 after buying an additional 1,881 shares during the last quarter. Finally, Coastline Trust Co increased its position in shares of Valero Energy Corporation by 4.1% in the first quarter. Coastline Trust Co now owns 49,495 shares of the oil and gas company’s stock worth $3,281,000 after buying an additional 1,950 shares during the last quarter. 78.88% of the stock is owned by hedge funds and other institutional investors.

Shares of Valero Energy Corporation (NYSE VLO) opened at 65.99 on Thursday. The company’s 50 day moving average price is $67.62 and its 200 day moving average price is $66.13. The stock has a market capitalization of $29.15 billion, a PE ratio of 16.29 and a beta of 1.21. Valero Energy Corporation has a 12 month low of $51.17 and a 12 month high of $71.40.

Valero Energy Corporation (NYSE:VLO) last issued its quarterly earnings data on Thursday, July 27th. The oil and gas company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.15. The firm had revenue of $22.25 billion during the quarter, compared to analysts’ expectations of $19.32 billion. Valero Energy Corporation had a return on equity of 8.59% and a net margin of 2.17%. Valero Energy Corporation’s revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.07 earnings per share. Equities analysts anticipate that Valero Energy Corporation will post $4.02 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 7th. Investors of record on Wednesday, August 9th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Monday, August 7th. This represents a $2.80 annualized dividend and a yield of 4.24%. Valero Energy Corporation’s dividend payout ratio is presently 69.14%.

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A number of brokerages have issued reports on VLO. BidaskClub downgraded Valero Energy Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Scotiabank set a $70.00 price target on Valero Energy Corporation and gave the company a “buy” rating in a report on Thursday, July 27th. Citigroup Inc. decreased their price target on Valero Energy Corporation from $70.00 to $68.00 and set a “buy” rating for the company in a report on Monday, July 17th. Standpoint Research began coverage on Valero Energy Corporation in a report on Friday, June 30th. They issued an “accumulate” rating and a $84.00 price target for the company. Finally, Royal Bank Of Canada boosted their price target on Valero Energy Corporation from $77.00 to $78.00 and gave the company an “outperform” rating in a report on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the stock. Valero Energy Corporation has an average rating of “Buy” and a consensus price target of $71.59.

In related news, Director Susan Kaufman Purcell sold 5,151 shares of Valero Energy Corporation stock in a transaction on Wednesday, June 21st. The stock was sold at an average price of $64.68, for a total transaction of $333,166.68. Following the completion of the transaction, the director now directly owns 9,866 shares of the company’s stock, valued at $638,132.88. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.45% of the company’s stock.

Valero Energy Corporation Company Profile

Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The Company’s segments include refining, ethanol and Valero Energy Partners LP (VLP). The refining segment includes its refining operations and the associated marketing activities. The ethanol segment includes its ethanol operations and the associated marketing activities, and logistics assets that support its ethanol operations.

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

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