Published: Sun, February 04, 2018
Finance | By Cynthia Curry

Valero Energy Corporation Will Attend The Raymond James Institutional Investors Conference


(NYSE:VLO) by 15.4% during the fourth quarter, HoldingsChannel.com reports. Ltd acquired a new position in shares of Valero Energy during the 4th quarter worth about $135,000. Confluence Wealth Mgmt Lc has invested 0.47% in Valero Energy Corporation (NYSE:VLO).

Other hedge funds have also recently modified their holdings of the company. Valero Energy Corp New now has $41.15 billion valuation. For the last period, the company reported quarter over quarter EPS growth of 42.90% and quarter over quarter sales growth of 19.90%.

Highland Capital Management LLC cut its stake in Valero Energy Co. Finally, Fieldpoint Private Securities LLC acquired a new position in shares of Valero Energy during the 3rd quarter worth approximately $160,000. Finally, Chicago Partners Investment Group LLC raised its stake in Valero Energy by 300.6% during the third quarter. The stock decreased 2.78% or $1.24 during the last trading session, reaching $43.43. The company has a current ratio of 1.91, a quick ratio of 1.24 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 15.3371 and a beta of 0.75. RBC Capital Markets maintained Valero Energy Corporation (NYSE:VLO) rating on Friday, January 29.

In terms of earnings per share, 9 analysts have a 0.74 EPS mean target for the quarter ending Mar-18, for the quarter ending Jun-18, 9 analysts have a 0.75 EPS mean target and for the quarter ending Jun-18 there are 11 estimates of 3.02 EPS.

Overall, Valero reported net income attributable to shareholders of $2.4 billion, or $5.42 per share, compared to $367 million, or 81 cents per share, during the same quarter of 2016. It is positive, as 10 investors sold Valero Energy Partners LP shares while 26 reduced holdings. The business's quarterly revenue was up 27.4% on a year-over-year basis. analysts anticipate that Valero Energy Co. will post 4.87 earnings per share for the current fiscal year. During the same period in the previous year, the business earned $0.81 EPS. Its down 0.19, from 1.19 in 2017Q2.

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Oak Associates Ltd, which manages about $1.01B and $1.36B US Long portfolio, decreased its stake in Nvidia Corp (NASDAQ:NVDA) by 58,632 shares to 17,623 shares, valued at $3.15M in 2017Q3, according to the filing. Deutsche National Bank & Trust Ag has invested 0.01% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Valero Energy's payout ratio is presently 60.48%.

Phillips 66's consolidated earnings rose to $3.2 billion, or $6.25 per share, in the fourth quarter ended December 31 from $163 million, or 31 cents per share, a year earlier. This repurchase authorization allows the oil and gas company to repurchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its shares are undervalued. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.

Media stories about Valero Energy (NYSE:VLO) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Standpoint Research lowered shares of Valero Energy from a "buy" rating to a "hold" rating and set a $84.00 target price on the stock.in a research note on Thursday, November 16th. Bank of America upped their price target on shares of Valero Energy from $102.00 to $105.00 and gave the company a "buy" rating in a report on Wednesday, January 24th. The rating was maintained by Barclays Capital on Friday, October 13 with "Equal-Weight". Bnp Paribas Asset Mgmt Holdings stated it has 0.11% of its portfolio in Valero Energy Corporation (NYSE:VLO). Analysts' mean recommendation for the stock is 2.80 (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Valero Energy has a consensus rating of "Hold" and an average target price of $87.33. Insiders have sold 299,687 shares of company stock valued at $27,733,958 over the last three months. Following the sale, the chief financial officer now directly owns 309,119 shares of the company's stock, valued at $28,837,711.51. About 158,495 shares traded. Dekabank Deutsche Girozentrale owns 227,157 shares. Nepsis Capital Management Inc bought 80,917 shares as the company's stock declined 50.78% while stock markets rallied. Valero Energy Corporation is comprised of insider ownership at and institutional ownership of.

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