Achmea Investment Management B.V. trimmed its holdings in Valero Energy Corporation (NYSE:VLO) by 20.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 116,744 shares of the oil and gas company’s stock after selling 30,646 shares during the period. Achmea Investment Management B.V.’s holdings in Valero Energy Corporation were worth $7,871,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Navellier & Associates Inc bought a new stake in Valero Energy Corporation in the second quarter worth approximately $422,000. Sentry Investment Management LLC grew its position in Valero Energy Corporation by 4.4% in the second quarter. Sentry Investment Management LLC now owns 35,564 shares of the oil and gas company’s stock worth $2,399,000 after acquiring an additional 1,483 shares in the last quarter. Toronto Dominion Bank grew its position in Valero Energy Corporation by 15.5% in the second quarter. Toronto Dominion Bank now owns 158,552 shares of the oil and gas company’s stock worth $10,695,000 after acquiring an additional 21,286 shares in the last quarter. Oak Associates Ltd. OH grew its position in Valero Energy Corporation by 17.2% in the second quarter. Oak Associates Ltd. OH now owns 106,720 shares of the oil and gas company’s stock worth $7,199,000 after acquiring an additional 15,650 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Valero Energy Corporation by 6.2% in the second quarter. Cetera Investment Advisers now owns 4,525 shares of the oil and gas company’s stock worth $304,000 after acquiring an additional 265 shares in the last quarter. 80.63% of the stock is owned by institutional investors.

Several research firms have commented on VLO. Citigroup Inc. boosted their target price on shares of Valero Energy Corporation from $68.00 to $76.00 and gave the stock a “buy” rating in a research report on Wednesday. Zacks Investment Research downgraded shares of Valero Energy Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday. Wells Fargo & Company reissued an “outperform” rating and issued a $87.00 target price (up from $74.00) on shares of Valero Energy Corporation in a research report on Tuesday. Jefferies Group LLC downgraded shares of Valero Energy Corporation from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Barclays PLC reissued an “overweight” rating and issued a $86.00 target price (up from $85.00) on shares of Valero Energy Corporation in a research report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the stock. Valero Energy Corporation presently has an average rating of “Hold” and a consensus price target of $76.39.

In other news, Director Stephen M. Waters sold 656 shares of Valero Energy Corporation stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $75.86, for a total transaction of $49,764.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael S. Ciskowski sold 53,012 shares of Valero Energy Corporation stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $72.88, for a total value of $3,863,514.56. Following the sale, the chief financial officer now directly owns 67,413 shares of the company’s stock, valued at approximately $4,913,059.44. The disclosure for this sale can be found here. Insiders have sold 55,168 shares of company stock valued at $4,015,279 in the last three months. Insiders own 0.45% of the company’s stock.

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Valero Energy Corporation (NYSE VLO) traded down 0.21% during trading on Thursday, reaching $77.46. 384,506 shares of the company traded hands. The company has a market cap of $34.21 billion, a PE ratio of 19.12 and a beta of 1.22. Valero Energy Corporation has a 12 month low of $54.21 and a 12 month high of $78.64. The company’s 50-day moving average is $73.86 and its 200 day moving average is $67.86.

Valero Energy Corporation (NYSE:VLO) last released its quarterly earnings data on Thursday, July 27th. The oil and gas company reported $1.23 EPS for the quarter, topping the Zacks’ consensus estimate of $1.08 by $0.15. Valero Energy Corporation had a net margin of 2.17% and a return on equity of 8.59%. The firm had revenue of $22.25 billion during the quarter, compared to analysts’ expectations of $19.32 billion. During the same period in the previous year, the business posted $1.07 earnings per share. The company’s revenue for the quarter was up 13.6% compared to the same quarter last year. On average, analysts anticipate that Valero Energy Corporation will post $4.55 earnings per share for the current year.

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

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