Bronfman E.L. Rothschild L.P. reduced its position in Valero Energy Corporation (NYSE:VLO) by 8.0% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 5,113 shares of the oil and gas company’s stock after selling 442 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Valero Energy Corporation were worth $339,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp boosted its position in Valero Energy Corporation by 190.3% in the first quarter. Tompkins Financial Corp now owns 1,701 shares of the oil and gas company’s stock worth $109,000 after buying an additional 1,115 shares during the period. Thompson Davis & CO. Inc. bought a new position in Valero Energy Corporation during the first quarter worth $127,000. Americafirst Capital Management LLC boosted its position in Valero Energy Corporation by 47.6% in the first quarter. Americafirst Capital Management LLC now owns 2,181 shares of the oil and gas company’s stock worth $145,000 after buying an additional 703 shares during the period. Advantage Investment Management LLC bought a new position in Valero Energy Corporation during the fourth quarter worth $167,000. Finally, Financial Architects Inc boosted its position in Valero Energy Corporation by 122.7% in the first quarter. Financial Architects Inc now owns 2,913 shares of the oil and gas company’s stock worth $193,000 after buying an additional 1,605 shares during the period. 80.58% of the stock is owned by institutional investors.

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

Shares of Valero Energy Corporation (VLO) opened at 65.80 on Friday. The stock has a market cap of $29.43 billion, a P/E ratio of 14.39 and a beta of 1.28. Valero Energy Corporation has a 12 month low of $46.88 and a 12 month high of $71.40. The stock has a 50 day moving average price of $64.28 and a 200 day moving average price of $65.98.

Valero Energy Corporation (NYSE:VLO) last posted its earnings results on Tuesday, April 25th. The oil and gas company reported $0.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.08. The firm had revenue of $21.77 billion for the quarter, compared to the consensus estimate of $19.15 billion. Valero Energy Corporation had a net margin of 2.57% and a return on equity of 8.31%. The business’s quarterly revenue was up 38.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 earnings per share. Equities analysts anticipate that Valero Energy Corporation will post $4.72 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 7th. Shareholders of record on Wednesday, May 17th were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.26%. The ex-dividend date was Monday, May 15th. Valero Energy Corporation’s payout ratio is 61.54%.

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A number of equities research analysts have recently commented on the company. US Capital Advisors reaffirmed an “overweight” rating on shares of Valero Energy Corporation in a research report on Monday, May 22nd. ValuEngine raised Valero Energy Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 6th. BidaskClub raised Valero Energy Corporation from a “strong sell” rating to a “sell” rating in a research report on Tuesday. Piper Jaffray Companies reaffirmed a “neutral” rating on shares of Valero Energy Corporation in a research report on Thursday, May 25th. Finally, Royal Bank Of Canada lifted their price objective on Valero Energy Corporation from $77.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $70.02.

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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