Prudential Financial Inc. increased its stake in Valero Energy by 14.5% in the 3rd quarter.
Thrivent Financial For Lutherans, which manages about $82.94 billion and $28.31B US Long portfolio, upped its stake in American Homes 4 Rent (NYSE:AMH) by 26,500 shares to 163,499 shares, valued at $3.55 million in 2017Q3, according to the filing. Mirae Asset Global Invs Company Limited invested in 46,258 shares or 0.06% of the stock.
Shares of Valero Energy (NYSE VLO) traded down $3.07 during mid-day trading on Thursday, reaching $86.77.
Other large investors also recently added to or reduced their stakes in the company. Shelton Capital Management purchased a new position in shares of Valero Energy in the 2nd quarter valued at approximately $272,000. Inc. acquired a new position in Valero Energy Corporation during the 1st quarter valued at about $127,000. Due to the fact that insiders are prevented from trading stock within a six-month period, it can be assumed that they are buying their own shares because they are confident that their company will be a top performer over a long period of time. San Francisco Sentry Investment Group CA grew its holdings in shares of Valero Energy by 2,272.1% during the third quarter. After going under observation of traders 7.07 million shares traded at hands. Harvest Fund Management Co. Sector Pension Inv Board holds 0.02% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 49,960 shares. The Corecommodity Management Llc holds 19,036 shares with $130,000 value, down from 164,058 last quarter. Chicago Partners Investment Group LLC now owns 1,863 shares of the oil and gas company's stock worth $143,000 after purchasing an additional 1,398 shares during the last quarter. FTB Advisors Inc. now owns 96,672 shares of the oil and gas company's stock valued at $6,505,000 after purchasing an additional 6,137 shares during the period. Catalyst Capital Ltd Liability Co has 1,005 shares. NA Buys Shares of 3,359 Valero Energy Co. Over the last 90 days, insiders have sold 299,687 shares of company stock worth $27,733,958. Valero Energy Co. has a 1-year low of $60.69 and a 1-year high of $99.95. 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 capitalization of $3,069.16, a P/E ratio of 15.67, a P/E/G ratio of 1.11 and a beta of 0.65. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since February 8, 2017 and is uptrending.
The company reported its last earnings Actual EPS of $1.1/share. Valero Energy had a return on equity of 10.55% and a net margin of 4.33%. The company had revenue of $26.39 billion for the quarter, compared to analysts' expectations of $23.02 billion. During the same period a year ago, the firm earned $0.81 EPS.
The business also recently announced a dividend, which will be paid on Tuesday, February 13th.
Does it pay an annual yield higher than 75% of dividend payers? This is a boost from Valero Energy's previous quarterly dividend of $0.70. Shareholders of record on Monday, February 5th will be given a dividend of $0.5075 per share. Public Employees Retirement Sys Of Ohio reported 0.13% in Valero Energy Corporation (NYSE:VLO). Permal Asset Management Llc bought 38,300 shares as the company's stock declined 7.37% while stock markets rallied. This repurchase authorization allows the oil and gas company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued. Tudor Pickering upgraded the shares of VLO in report on Wednesday, November 16 to "Buy" rating. They noted that the move was a valuation call. Jefferies downgraded the stock to "Hold" rating in Thursday, December 14 report. The stock of Valero Energy Corporation (NYSE:VLO) has "Buy" rating given on Thursday, July 20 by RBC Capital Markets. Finally, Royal Bank of Canada reissued a "buy" rating and set a $110.00 price target on shares of Valero Energy in a report on Tuesday, January 30th. This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. After keeping Technical check on movement of stock price comparison to its moving averages like 20, 50 and 200 SMA, we detected following trends of VLO. Also, Director Philip J. Pfeiffer sold 1,500 shares of Valero Energy stock in a transaction that occurred on Tuesday, November 14th. The average analysts gave this company a mean recommendation of 2.20. The disclosure for this sale can be found here. The firm's revenue for the quarter was up 27.4% on a year-over-year basis. The Company's assets include crude oil and refined petroleum products pipelines, terminals, and other logistics assets in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the ten of Valero Energy Corporation (Valero) refineries. If you are reading this story on another site, it was illegally copied and republished in violation of USA & global trademark and copyright legislation. The Company's segments include refining, ethanol and Valero Energy Partners LP (VLP).