Investors bought shares of Valero Energy Corporation (NYSE:VLO) on weakness during trading hours on Friday. $97.29 million flowed into the stock on the tick-up and $56.51 million flowed out of the stock on the tick-down, for a money net flow of $40.78 million into the stock. Of all equities tracked, Valero Energy Corporation had the 21st highest net in-flow for the day. Valero Energy Corporation traded down ($0.04) for the day and closed at $77.23

VLO has been the subject of several analyst reports. Credit Suisse Group restated a “hold” rating and issued a $65.00 target price on shares of Valero Energy Corporation in a research report on Wednesday, June 21st. Cowen and Company lifted their price target on shares of Valero Energy Corporation from $70.00 to $90.00 and gave the company an “outperform” rating in a report on Thursday, September 28th. J P Morgan Chase & Co lowered shares of Valero Energy Corporation from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $75.00 to $78.00 in a report on Friday. Standpoint Research initiated coverage on shares of Valero Energy Corporation in a report on Friday, June 30th. They set an “accumulate” rating and a $84.00 price target on the stock. Finally, Scotiabank set a $70.00 price target on shares of Valero Energy Corporation and gave the company a “buy” rating in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $74.61.

The stock has a market cap of $34.11 billion, a P/E ratio of 19.06 and a beta of 1.22. The company’s 50 day moving average price is $71.32 and its 200-day moving average price is $67.22.

Valero Energy Corporation (NYSE:VLO) last posted its quarterly earnings results on Thursday, July 27th. The oil and gas company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.08 by $0.15. The firm had revenue of $22.25 billion for the quarter, compared to the consensus estimate of $19.32 billion. Valero Energy Corporation had a net margin of 2.17% and a return on equity of 8.59%. The business’s revenue was up 13.6% compared to the same quarter last year. During the same period last year, the firm posted $1.07 earnings per share. On average, equities research analysts anticipate that Valero Energy Corporation will post $4.44 earnings per share for the current year.

In other news, CFO Michael S. Ciskowski sold 53,012 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $72.88, for a total value of $3,863,514.56. Following the transaction, the chief financial officer now owns 67,413 shares in the company, valued at $4,913,059.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephen M. Waters sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $68.00, for a total transaction of $102,000.00. The disclosure for this sale can be found here. Insiders sold 55,168 shares of company stock worth $4,015,279 in the last 90 days. Company insiders own 0.45% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. First National Bank of Mount Dora Trust Investment Services grew its holdings in shares of Valero Energy Corporation by 44.3% in the third quarter. First National Bank of Mount Dora Trust Investment Services now owns 46,490 shares of the oil and gas company’s stock worth $3,576,000 after purchasing an additional 14,280 shares during the last quarter. Fulton Bank N.A. grew its holdings in shares of Valero Energy Corporation by 6.1% in the third quarter. Fulton Bank N.A. now owns 16,356 shares of the oil and gas company’s stock worth $1,258,000 after purchasing an additional 938 shares during the last quarter. Eqis Capital Management Inc. grew its holdings in shares of Valero Energy Corporation by 29.0% in the third quarter. Eqis Capital Management Inc. now owns 32,852 shares of the oil and gas company’s stock worth $2,527,000 after purchasing an additional 7,392 shares during the last quarter. Perpetual Ltd grew its holdings in shares of Valero Energy Corporation by 19.3% in the second quarter. Perpetual Ltd now owns 8,027 shares of the oil and gas company’s stock worth $542,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Level Four Advisory Services LLC grew its holdings in shares of Valero Energy Corporation by 385.3% in the second quarter. Level Four Advisory Services LLC now owns 37,523 shares of the oil and gas company’s stock worth $781,000 after purchasing an additional 29,791 shares during the last quarter. Hedge funds and other institutional investors own 80.69% of the company’s stock.

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Valero Energy Corporation Company Profile

Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The Company’s segments include refining, ethanol and Valero Energy Partners LP (VLP). The refining segment includes its refining operations and the associated marketing activities. The ethanol segment includes its ethanol operations and the associated marketing activities, and logistics assets that support its ethanol operations.

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