Andra AP fonden boosted its stake in shares of Valero Energy Co. (NYSE:VLO) by 2.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 63,500 shares of the oil and gas company’s stock after buying an additional 1,500 shares during the quarter. Andra AP fonden’s holdings in Valero Energy were worth $7,223,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of VLO. Cleararc Capital Inc. boosted its position in Valero Energy by 57.8% during the second quarter. Cleararc Capital Inc. now owns 40,728 shares of the oil and gas company’s stock worth $4,514,000 after purchasing an additional 14,913 shares during the period. Bailard Inc. boosted its position in Valero Energy by 62.1% during the second quarter. Bailard Inc. now owns 4,405 shares of the oil and gas company’s stock worth $488,000 after purchasing an additional 1,687 shares during the period. Richard Bernstein Advisors LLC boosted its position in Valero Energy by 5.1% during the second quarter. Richard Bernstein Advisors LLC now owns 42,606 shares of the oil and gas company’s stock worth $4,722,000 after purchasing an additional 2,079 shares during the period. Canada Pension Plan Investment Board lifted its holdings in shares of Valero Energy by 16.5% in the second quarter. Canada Pension Plan Investment Board now owns 297,324 shares of the oil and gas company’s stock worth $32,952,000 after buying an additional 42,100 shares in the last quarter. Finally, FMR LLC lifted its holdings in shares of Valero Energy by 71.1% in the second quarter. FMR LLC now owns 16,436,742 shares of the oil and gas company’s stock worth $1,821,684,000 after buying an additional 6,831,581 shares in the last quarter. Institutional investors own 78.31% of the company’s stock.

A number of brokerages have recently issued reports on VLO. Citigroup lowered their price target on shares of Valero Energy from $134.00 to $132.00 and set a “buy” rating on the stock in a report on Tuesday. Morgan Stanley increased their price target on shares of Valero Energy from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Tuesday, July 31st. Standpoint Research raised shares of Valero Energy from a “hold” rating to a “buy” rating in a report on Friday, October 12th. Mizuho began coverage on shares of Valero Energy in a report on Wednesday, August 1st. They issued a “neutral” rating and a $125.00 price target on the stock. Finally, ValuEngine downgraded shares of Valero Energy from a “buy” rating to a “hold” rating in a report on Wednesday, July 4th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the company’s stock. Valero Energy currently has an average rating of “Hold” and a consensus price target of $116.18.

Shares of VLO opened at $92.76 on Friday. The company has a market capitalization of $44.34 billion, a P/E ratio of 18.70, a P/E/G ratio of 1.78 and a beta of 1.03. The company has a current ratio of 1.67, a quick ratio of 1.10 and a debt-to-equity ratio of 0.39. Valero Energy Co. has a 1-year low of $75.84 and a 1-year high of $126.98.

Valero Energy (NYSE:VLO) last announced its earnings results on Thursday, July 26th. The oil and gas company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.17. The business had revenue of $31.02 billion for the quarter, compared to the consensus estimate of $26.56 billion. Valero Energy had a net margin of 4.21% and a return on equity of 12.06%. Valero Energy’s quarterly revenue was up 39.4% on a year-over-year basis. During the same period last year, the firm posted $1.23 earnings per share. On average, analysts anticipate that Valero Energy Co. will post 6.48 EPS for the current fiscal year.

In related news, Director Stephen M. Waters sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, July 30th. The shares were sold at an average price of $116.76, for a total value of $116,760.00. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.45% of the company’s stock.

About Valero Energy

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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