Ffcm LLC raised its holdings in Valero Energy Co. (NYSE:VLO) by 29.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 53,973 shares of the oil and gas company’s stock after buying an additional 12,282 shares during the period. Ffcm LLC’s holdings in Valero Energy were worth $6,140,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Cleararc Capital Inc. raised its stake in Valero Energy by 57.8% in the second quarter. Cleararc Capital Inc. now owns 40,728 shares of the oil and gas company’s stock valued at $4,514,000 after buying an additional 14,913 shares in the last quarter. Community Bank & Trust Waco Texas raised its stake in Valero Energy by 7.6% in the third quarter. Community Bank & Trust Waco Texas now owns 35,570 shares of the oil and gas company’s stock valued at $4,046,000 after buying an additional 2,505 shares in the last quarter. Bailard Inc. raised its stake in Valero Energy by 62.1% in the second quarter. Bailard Inc. now owns 4,405 shares of the oil and gas company’s stock valued at $488,000 after buying an additional 1,687 shares in the last quarter. Vanguard Capital Wealth Advisors acquired a new stake in Valero Energy in the third quarter valued at $289,000. Finally, Reilly Financial Advisors LLC raised its stake in Valero Energy by 1,164.4% in the third quarter. Reilly Financial Advisors LLC now owns 1,315 shares of the oil and gas company’s stock valued at $150,000 after buying an additional 1,211 shares in the last quarter. Institutional investors own 77.72% of the company’s stock.

VLO opened at $78.61 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.99 and a current ratio of 1.59. Valero Energy Co. has a one year low of $78.00 and a one year high of $126.98. The stock has a market cap of $34.24 billion, a PE ratio of 15.85, a PEG ratio of 0.66 and a beta of 1.15.

Valero Energy (NYSE:VLO) last posted its earnings results on Thursday, October 25th. The oil and gas company reported $2.01 EPS for the quarter, topping the Zacks’ consensus estimate of $1.95 by $0.06. Valero Energy had a return on equity of 11.90% and a net margin of 3.96%. The business had revenue of $30.85 billion for the quarter, compared to analysts’ expectations of $31.82 billion. As a group, equities research analysts anticipate that Valero Energy Co. will post 6.48 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 12th. Stockholders of record on Tuesday, November 20th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend is Monday, November 19th. Valero Energy’s dividend payout ratio (DPR) is currently 64.52%.

A number of analysts have weighed in on VLO shares. Morgan Stanley set a $145.00 price target on Valero Energy and gave the company a “buy” rating in a research note on Friday, October 12th. ValuEngine cut Valero Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, September 4th. Goldman Sachs Group cut Valero Energy from a “neutral” rating to a “sell” rating in a research note on Friday, October 19th. Tudor Pickering cut Valero Energy from a “buy” rating to a “hold” rating in a research report on Thursday, October 11th. Finally, Citigroup cut their target price on Valero Energy from $132.00 to $122.00 and set a “buy” rating on the stock in a research report on Thursday, November 15th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $117.80.

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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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