Sigma Planning Corp reduced its stake in Valero Energy Corporation (NYSE:VLO) by 35.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,517 shares of the oil and gas company’s stock after selling 6,204 shares during the period. Sigma Planning Corp’s holdings in Valero Energy Corporation were worth $886,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of VLO. BlackRock Inc. lifted its stake in shares of Valero Energy Corporation by 2,578.1% in the 1st quarter. BlackRock Inc. now owns 38,217,393 shares of the oil and gas company’s stock worth $2,533,433,000 after acquiring an additional 36,790,343 shares during the period. FMR LLC lifted its stake in shares of Valero Energy Corporation by 146.1% in the 2nd quarter. FMR LLC now owns 2,224,590 shares of the oil and gas company’s stock worth $150,071,000 after acquiring an additional 1,320,524 shares during the period. Harbour Capital Advisors LLC lifted its stake in shares of Valero Energy Corporation by 6,236.6% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,226,760 shares of the oil and gas company’s stock worth $18,185,000 after acquiring an additional 1,207,400 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Valero Energy Corporation by 1,780.4% in the 2nd quarter. Janus Henderson Group PLC now owns 1,127,141 shares of the oil and gas company’s stock worth $76,039,000 after acquiring an additional 1,067,201 shares during the period. Finally, Parametric Portfolio Associates LLC lifted its stake in shares of Valero Energy Corporation by 88.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,138,646 shares of the oil and gas company’s stock worth $144,273,000 after acquiring an additional 1,005,206 shares during the period. 80.81% of the stock is owned by institutional investors.

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In other Valero Energy Corporation news, Director Stephen M. Waters sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $68.00, for a total value of $102,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Michael S. Ciskowski sold 53,012 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $72.88, for a total transaction of $3,863,514.56. Following the completion of the transaction, the chief financial officer now owns 67,413 shares in the company, valued at approximately $4,913,059.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 56,768 shares of company stock worth $4,141,471. Company insiders own 0.45% of the company’s stock.

Valero Energy Corporation (NYSE VLO) traded up $0.70 during mid-day trading on Wednesday, hitting $81.37. 3,108,600 shares of the stock were exchanged, compared to its average volume of 4,086,451. Valero Energy Corporation has a twelve month low of $60.35 and a twelve month high of $82.19. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.91 and a quick ratio of 1.24. The firm has a market capitalization of $35,299.66, a price-to-earnings ratio of 17.42, a P/E/G ratio of 1.68 and a beta of 1.17.

Valero Energy Corporation (NYSE:VLO) last released its quarterly earnings data on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.83 by $0.08. The firm had revenue of $23.56 billion for the quarter, compared to analyst estimates of $19.42 billion. Valero Energy Corporation had a net margin of 2.33% and a return on equity of 9.87%. The company’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.24 EPS. equities research analysts predict that Valero Energy Corporation will post 4.83 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be paid a $0.70 dividend. The ex-dividend date is Monday, November 20th. This represents a $2.80 annualized dividend and a yield of 3.44%. Valero Energy Corporation’s dividend payout ratio is presently 60.48%.

VLO has been the subject of a number of research analyst reports. J P Morgan Chase & Co lowered shares of Valero Energy Corporation from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $75.00 to $78.00 in a research note on Friday, October 6th. Cowen and Company upped their price target on shares of Valero Energy Corporation from $70.00 to $90.00 and gave the stock an “outperform” rating in a research note on Thursday, September 28th. Barclays PLC reaffirmed an “overweight” rating and issued a $86.00 price target (up from $85.00) on shares of Valero Energy Corporation in a research note on Tuesday, October 10th. UBS AG reaffirmed a “neutral” rating and issued a $80.00 price target (up from $69.00) on shares of Valero Energy Corporation in a research note on Wednesday, September 27th. Finally, Scotiabank set a $70.00 price target on shares of Valero Energy Corporation and gave the stock a “buy” rating in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company. Valero Energy Corporation has a consensus rating of “Hold” and an average price target of $79.19.

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.

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

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