Investment Doubling Stocks on Cards: Valero Energy Corporation (NYSE:VLO)

Posted February 03, 2018

Shares of Cerus Corporation (NASDAQ:CERS) have seen a movement of -1.35% in the most recent session.

Several other large investors have also added to or reduced their stakes in VLO. Williams Jones & Associates LLC boosted its stake in Valero Energy by 5.7% in the 2nd quarter. Entrustpermal Mgmt Llc reported 1.31% of its portfolio in Valero Energy Partners LP (NYSE:VLP). The stock decreased 4.43% or $7.43 during the last trading session, reaching $160.35. Moreover, American Beacon Advisors has 1.26% invested in Valero Energy Corporation (NYSE:VLO) for 1,371 shares.

The top 5 institutional holders, in ascending order, are as follows: BLACKROCK INC. with 39.35 million shares, VANGUARD GROUP INC with 34.22 million shares, STATE STREET CORP with 23.72 million shares, AMERIPRISE FINANCIAL INC with 11.29 million shares, and BANK OF NEW YORK MELLON CORP with 11.27 million shares. Harvest Fund Management Co.

Valero Energy Corporation (VLO) closed the Thursday at final price of $94.69 after traded 5032298 shares. FMR LLC grew its position in Valero Energy by 146.1% in the 2nd quarter. The stock trades on NYSE in the Oils-Energy sector and Oil and Gas - Refining and Marketing industry. "(NYSE:VLO)" was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. Valero Energy Co. has a fifty-two week low of $60.69 and a fifty-two week high of $99.95. Narrowing in a bit closer, the 5 month price index is 1.06310, the 3 month is 1.07341, and the 1 month is now 0.98431. For the last period, the company reported quarter over quarter EPS growth of 42.90% and quarter over quarter sales growth of 19.90%.

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SAN ANTONIO (AP) _ Valero Energy Partners LP (VLP) on Friday reported fourth-quarter profit of $64.3 million. The business had revenue of $26.39 billion during the quarter, compared to analysts' expectations of $23.02 billion. The formula for calculating the price-earnings ratio for any stock is simple: the market value per share divided by the earnings per share (EPS).

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Investors of record on Tuesday, February 13th will be given a $0.80 dividend. Clark Capital Management has invested 0.85% in Valero Energy Corporation (NYSE:VLO). The ex-dividend date is Monday, February 12th. Valero Energy's dividend payout ratio is presently 60.74%.

Valero Energy declared that its Board of Directors has initiated a share buyback plan on Tuesday, January 23rd that authorizes the company to buyback $2.50 billion in shares.

Refiners are likely to outshine other energy segments in 2018 as they benefit from a surge in US oil production and rack up among the biggest gains from the recent corporate tax cuts, analysts said ahead of the earnings season.

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A number of equities research analysts have recently weighed in on VLO shares. RBC Capital Markets maintained it with "Buy" rating and $88.0 target in Wednesday, October 18 report. The stock has "Buy" rating by Scotia Capital on Thursday, December 21. Cowen restated a "buy" rating and issued a $90.00 price target on shares of Valero Energy in a research note on Friday, November 3rd. The stock of Valero Energy Corporation (NYSE:VLO) has "Neutral" rating given on Monday, August 22 by Piper Jaffray. Now trading with a market value of 73.41B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Mengis Capital Management Inc sold 10,349 shares as Valero Energy Corp (VLO)'s stock declined 2.47%. The stock was sold at an average price of $88.91, for a total transaction of $4,059,363.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Outstanding shares include restricted shares owned by the company's employees and officers as well as the public. The shares were sold at an average price of $87.23, for a total value of $87,230.00. Cadence Retail Bank Na stated it has 3,255 shares. The disclosure for this sale can be found here.

Shares of Marathon and Valero, which have gained more than 45 percent in the past 12 months, were marginally up in early trading on Thursday. The firm has price to earnings growth of 0.69, which is a valuation metric for determining relative trade-off among price of a stock.

TRADEMARK VIOLATION NOTICE: "Highstreet Asset Management Inc". If you are viewing this story on another domain, it was illegally stolen and reposted in violation of US & global trademark & copyright laws. Investors at the moment see that Valero Energy Corporation, has a long term debt/equity of, with total debt/equity coming to.

Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer.

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