Traders sold shares of Valero Energy Corporation (NYSE:VLO) on strength during trading hours on Wednesday after an insider sold shares in the company. $38.26 million flowed into the stock on the tick-up and $62.00 million flowed out of the stock on the tick-down, for a money net flow of $23.74 million out of the stock. Of all equities tracked, Valero Energy Corporation had the 0th highest net out-flow for the day. Valero Energy Corporation traded up $0.11 for the day and closed at $81.48Specifically, 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 transaction of $3,863,514.56. Following the completion of the transaction, the chief financial officer now owns 67,413 shares of the company’s stock, valued at approximately $4,913,059.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Philip J. Pfeiffer sold 1,500 shares of Valero Energy Corporation stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $81.42, for a total value of $122,130.00. The disclosure for this sale can be found here. Insiders have sold a total of 58,268 shares of company stock valued at $4,263,601 in the last ninety days. Corporate insiders own 0.45% of the company’s stock.

A number of research firms recently commented on VLO. Standpoint Research cut Valero Energy Corporation from a “buy” rating to a “hold” rating and set a $84.00 price objective for the company. in a research report on Thursday. US Capital Advisors cut Valero Energy Corporation from an “overweight” rating to a “hold” rating in a research report on Thursday, August 17th. Macquarie reiterated a “neutral” rating on shares of Valero Energy Corporation in a research report on Monday, October 23rd. They noted that the move was a valuation call. BidaskClub cut Valero Energy Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $73.00 price objective (up previously from $65.00) on shares of Valero Energy Corporation in a research report on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company’s stock. Valero Energy Corporation presently has a consensus rating of “Hold” and a consensus price target of $79.35.

The company has a debt-to-equity ratio of 0.39, a current ratio of 1.91 and a quick ratio of 1.24. The company has a market capitalization of $36,270.00, a price-to-earnings ratio of 17.58, a PEG ratio of 1.69 and a beta of 1.17.

Valero Energy Corporation (NYSE:VLO) last issued its earnings results on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.83 by $0.08. Valero Energy Corporation had a return on equity of 9.87% and a net margin of 2.33%. The business had revenue of $23.56 billion during the quarter, compared to analysts’ expectations of $19.42 billion. During the same quarter in the previous year, the business earned $1.24 EPS. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. analysts anticipate that Valero Energy Corporation will post 4.83 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 21st will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date is Monday, November 20th. Valero Energy Corporation’s payout ratio is currently 60.74%.

Several large investors have recently modified their holdings of the company. BKD Wealth Advisors LLC grew its holdings in shares of Valero Energy Corporation by 0.4% during the 2nd quarter. BKD Wealth Advisors LLC now owns 6,542 shares of the oil and gas company’s stock worth $441,000 after purchasing an additional 24 shares during the period. Eads & Heald Investment Counsel grew its holdings in shares of Valero Energy Corporation by 0.3% during the 2nd quarter. Eads & Heald Investment Counsel now owns 8,420 shares of the oil and gas company’s stock worth $568,000 after purchasing an additional 25 shares during the period. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Valero Energy Corporation by 0.7% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 4,140 shares of the oil and gas company’s stock worth $279,000 after purchasing an additional 30 shares during the period. Wetherby Asset Management Inc. grew its holdings in shares of Valero Energy Corporation by 0.6% during the 2nd quarter. Wetherby Asset Management Inc. now owns 6,067 shares of the oil and gas company’s stock worth $409,000 after purchasing an additional 38 shares during the period. Finally, Capital Wealth Planning LLC grew its holdings in shares of Valero Energy Corporation by 1.1% during the 2nd quarter. Capital Wealth Planning LLC now owns 4,045 shares of the oil and gas company’s stock worth $273,000 after purchasing an additional 45 shares during the period. Institutional investors and hedge funds own 80.81% of the company’s stock.

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About Valero Energy Corporation

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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