Sentry Investment Management LLC raised its position in Valero Energy Corp. (NYSE:VLO) by 1.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,618 shares of the company’s stock after buying an additional 523 shares during the period. Sentry Investment Management LLC’s holdings in Valero Energy Corp. were worth $1,994,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the company. Security National Trust Co. raised 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 valued at $119,000 after buying an additional 107 shares during the period. Oakworth Capital Inc. raised its position in shares of Valero Energy Corp. by 3.3% in the third quarter. Oakworth Capital Inc. now owns 2,684 shares of the company’s stock valued at $142,000 after buying an additional 85 shares during the period. Amica Retiree Medical Trust purchased a new position in shares of Valero Energy Corp. during the second quarter valued at approximately $137,000. Point72 Asia Hong Kong Ltd raised 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 valued at $151,000 after buying an additional 2,500 shares during the period. Finally, Sandy Spring Bank raised 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 valued at $152,000 after buying an additional 740 shares during the period. Institutional investors and hedge funds own 77.49% of the company’s stock.

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

Valero Energy Corp. (NYSE:VLO) traded down 0.03% during mid-day trading on Tuesday, hitting $63.77. The company’s stock had a trading volume of 4,427,864 shares. The company has a market cap of $28.87 billion, a P/E ratio of 13.52 and a beta of 1.45. The firm’s 50-day moving average is $59.41 and its 200-day moving average is $54.96. Valero Energy Corp. has a 12-month low of $46.88 and a 12-month high of $73.70.

Valero Energy Corp. (NYSE:VLO) last announced its quarterly earnings data on Tuesday, October 25th. The company reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.31. The company 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 was down 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.79 EPS. Analysts predict that Valero Energy Corp. will post $3.71 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Tuesday, November 22nd will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, November 18th. This represents a $2.40 annualized dividend and a dividend yield of 3.76%. Valero Energy Corp.’s dividend payout ratio is currently 50.74%.

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Several brokerages have recently commented on VLO. Vetr lowered Valero Energy Corp. from a “buy” rating to a “hold” rating and set a $65.26 price objective on the stock. in a research report on Wednesday, November 16th. Zacks Investment Research upgraded Valero Energy Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, September 6th. TheStreet lowered Valero Energy Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, October 25th. Jefferies Group set a $65.00 price target on Valero Energy Corp. and gave the stock a “buy” rating in a research report on Saturday, October 15th. Finally, Tudor Pickering upgraded Valero Energy Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, November 16th. Seven analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Valero Energy Corp. has an average rating of “Buy” and a consensus target price of $68.91.

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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