Algert Global LLC grew its stake in shares of Valero Energy Co. (NYSE:VLO) by 147.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,461 shares of the oil and gas company’s stock after purchasing an additional 18,758 shares during the quarter. Algert Global LLC’s holdings in Valero Energy were worth $2,420,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Willingdon Wealth Management acquired a new stake in Valero Energy during the third quarter worth approximately $100,000. Cable Hill Partners LLC increased its holdings in shares of Valero Energy by 1,015.3% in the 3rd quarter. Cable Hill Partners LLC now owns 1,316 shares of the oil and gas company’s stock valued at $101,000 after acquiring an additional 1,198 shares during the period. San Francisco Sentry Investment Group CA increased its holdings in shares of Valero Energy by 2,272.1% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,447 shares of the oil and gas company’s stock valued at $112,000 after acquiring an additional 1,386 shares during the period. First Personal Financial Services increased its holdings in shares of Valero Energy by 13.6% in the 2nd quarter. First Personal Financial Services now owns 1,636 shares of the oil and gas company’s stock valued at $110,000 after acquiring an additional 196 shares during the period. Finally, Ffcm LLC increased its holdings in shares of Valero Energy by 189.4% in the 2nd quarter. Ffcm LLC now owns 1,881 shares of the oil and gas company’s stock valued at $128,000 after acquiring an additional 1,231 shares during the period. 81.81% of the stock is currently owned by institutional investors.

A number of equities analysts have recently commented on VLO shares. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $87.00 target price (up from $74.00) on shares of Valero Energy in a report on Tuesday, October 17th. Deutsche Bank reaffirmed a “hold” rating and issued a $73.00 target price (up from $65.00) on shares of Valero Energy in a report on Wednesday, September 20th. ValuEngine raised shares of Valero Energy from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of Valero Energy from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a report on Monday, October 16th. Finally, Jefferies Group cut their target price on shares of Valero Energy from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $79.28.

In other Valero Energy news, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen M. Waters sold 656 shares of the business’s 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 57,768 shares of company stock worth $4,248,831. 0.45% of the stock is currently owned by insiders.

Valero Energy Co. (VLO) traded up $0.03 during trading hours on Friday, reaching $87.48. 3,635,700 shares of the company were exchanged, compared to its average volume of 4,018,403. Valero Energy Co. has a 1 year low of $60.69 and a 1 year high of $88.43. The company has a current ratio of 1.91, a quick ratio of 1.24 and a debt-to-equity ratio of 0.39. The stock has a market cap of $38,266.46, a price-to-earnings ratio of 18.89, a price-to-earnings-growth ratio of 1.93 and a beta of 1.20.

Valero Energy (NYSE:VLO) last posted its quarterly earnings data on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.08. Valero Energy had a net margin of 2.33% and a return on equity of 9.87%. The firm had revenue of $23.56 billion for the quarter, compared to analyst estimates of $19.42 billion. During the same period last year, the firm posted $1.24 EPS. Valero Energy’s quarterly revenue was up 19.9% on a year-over-year basis. equities research analysts anticipate that Valero Energy Co. will post 4.92 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st were given a $0.70 dividend. The ex-dividend date was Monday, November 20th. This represents a $2.80 dividend on an annualized basis and a yield of 3.20%. Valero Energy’s dividend payout ratio (DPR) is 60.48%.

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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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