Dimensional Fund Advisors LP reduced its holdings in shares of Valero Energy Corporation (NYSE:VLO) by 0.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,852,654 shares of the oil and gas company’s stock after selling 32,230 shares during the quarter. Dimensional Fund Advisors LP owned 1.33% of Valero Energy worth $450,235,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Willingdon Wealth Management acquired a new position in shares of Valero Energy during the third quarter worth $100,000. Cable Hill Partners LLC lifted its position in shares of Valero Energy by 1,015.3% during the third quarter. Cable Hill Partners LLC now owns 1,316 shares of the oil and gas company’s stock worth $101,000 after purchasing an additional 1,198 shares in the last quarter. First Personal Financial Services lifted its position in shares of Valero Energy by 13.6% during the second quarter. First Personal Financial Services now owns 1,636 shares of the oil and gas company’s stock worth $110,000 after purchasing an additional 196 shares in the last quarter. Ffcm LLC lifted its position in shares of Valero Energy by 189.4% during the second quarter. Ffcm LLC now owns 1,881 shares of the oil and gas company’s stock worth $128,000 after purchasing an additional 1,231 shares in the last quarter. Finally, Manchester Capital Management LLC lifted its position in shares of Valero Energy by 16.9% during the second quarter. Manchester Capital Management LLC now owns 2,076 shares of the oil and gas company’s stock worth $140,000 after purchasing an additional 300 shares in the last quarter. Institutional investors own 81.81% of the company’s stock.

Valero Energy Corporation (VLO) traded up $2.01 on Friday, reaching $87.60. 3,516,864 shares of the company traded hands, compared to its average volume of 3,095,900. The firm has a market capitalization of $37,452.55, a PE ratio of 18.49, a PEG ratio of 1.75 and a beta of 1.20. The company has a quick ratio of 1.24, a current ratio of 1.91 and a debt-to-equity ratio of 0.39. Valero Energy Corporation has a 1 year low of $60.69 and a 1 year high of $87.73.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.08. The firm had revenue of $23.56 billion for the quarter, compared to analysts’ expectations of $19.42 billion. Valero Energy had a net margin of 2.33% and a return on equity of 9.87%. The firm’s quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.24 earnings per share. sell-side analysts predict that Valero Energy Corporation will post 4.9 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Monday, November 20th. This represents a $2.80 annualized dividend and a yield of 3.20%. Valero Energy’s payout ratio is 60.48%.

In other Valero Energy news, CFO Michael S. Ciskowski sold 53,012 shares of the business’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $72.88, for a total transaction of $3,863,514.56. Following the completion of the sale, the chief financial officer now owns 67,413 shares in the company, valued at $4,913,059.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Philip J. Pfeiffer sold 1,500 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $81.42, for a total transaction of $122,130.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 56,768 shares of company stock valued at $4,161,601. 0.45% of the stock is owned by insiders.

A number of research firms have recently commented on VLO. Standpoint Research cut shares of Valero Energy from a “buy” rating to a “hold” rating and set a $84.00 target price on the stock. in a research report on Thursday, November 16th. Piper Jaffray Companies reissued a “hold” rating and set a $78.00 target price on shares of Valero Energy in a research report on Friday, November 17th. Barclays boosted their target price on shares of Valero Energy from $86.00 to $108.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 14th. UBS boosted their target price on shares of Valero Energy from $80.00 to $83.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 15th. Finally, Scotiabank reissued a “buy” rating and set a $84.00 target price on shares of Valero Energy in a research report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $79.28.

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Valero Energy 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.

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

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