AT Bancorp decreased its position in Valero Energy Corp. (NYSE:VLO) by 49.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,961 shares of the company’s stock after selling 37,418 shares during the period. AT Bancorp’s holdings in Valero Energy Corp. were worth $2,012,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Security National Trust Co. increased its position in shares of Valero Energy Corp. by 4.8% in the second quarter. Security National Trust Co. now owns 2,347 shares of the company’s stock worth $119,000 after buying an additional 107 shares in the last quarter. Amica Retiree Medical Trust purchased a new position in shares of Valero Energy Corp. during the second quarter worth $137,000. Point72 Asia Hong Kong Ltd increased its position in shares of Valero Energy Corp. by 554.3% in the second quarter. Point72 Asia Hong Kong Ltd now owns 2,951 shares of the company’s stock worth $151,000 after buying an additional 2,500 shares in the last quarter. Sandy Spring Bank increased its position in shares of Valero Energy Corp. by 33.2% in the second quarter. Sandy Spring Bank now owns 2,967 shares of the company’s stock worth $152,000 after buying an additional 740 shares in the last quarter. Finally, Smithfield Trust Co. increased its position in shares of Valero Energy Corp. by 4.5% in the second quarter. Smithfield Trust Co. now owns 3,199 shares of the company’s stock worth $163,000 after buying an additional 137 shares in the last quarter. 77.49% of the stock is owned by institutional investors and hedge funds.

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

Shares of Valero Energy Corp. (NYSE:VLO) traded down 1.65% during mid-day trading on Monday, hitting $63.79. 4,666,386 shares of the company were exchanged. Valero Energy Corp. has a 52 week low of $46.88 and a 52 week high of $73.70. The company has a market capitalization of $28.88 billion, a P/E ratio of 13.53 and a beta of 1.45. The company has a 50 day moving average of $59.28 and a 200 day moving average of $54.96.

Valero Energy Corp. (NYSE:VLO) last posted its quarterly earnings results on Tuesday, October 25th. The company reported $1.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.93 by $0.31. The firm had revenue of $19.65 billion for the quarter, compared to analysts’ expectations of $19.49 billion. Valero Energy Corp. had a net margin of 3.01% and a return on equity of 10.40%. The business’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.79 earnings per share. Equities analysts anticipate that Valero Energy Corp. will post $3.71 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Tuesday, November 22nd will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.70%. The ex-dividend date of this dividend is Friday, November 18th. Valero Energy Corp.’s payout ratio is presently 50.74%.

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Several equities research analysts have weighed in on the stock. Vetr downgraded shares of Valero Energy Corp. from a “buy” rating to a “hold” rating and set a $65.26 price target for the company. in a research note on Wednesday, November 16th. Zacks Investment Research raised shares of Valero Energy Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, September 6th. TheStreet downgraded shares of Valero Energy Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, October 25th. Jefferies Group set a $65.00 price target on shares of Valero Energy Corp. and gave the company a “buy” rating in a research note on Saturday, October 15th. Finally, Tudor Pickering raised shares of Valero Energy Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, November 16th. Eight investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $69.36.

Valero Energy Corp. Company Profile

Valero Energy Corporation (Valero), through Valero Energy Partners LP (VLP), owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. The Company operates in two segments: refining and ethanol. Its refining segment includes refining and marketing operations in the United States, Canada, the United Kingdom, Aruba and Ireland.

5 Day Chart for NYSE:VLO

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