Adirondack Trust Co. raised its stake in shares of Valero Energy Co. (NYSE:VLO) by 27.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 610 shares of the oil and gas company’s stock after acquiring an additional 130 shares during the period. Adirondack Trust Co.’s holdings in Valero Energy were worth $52,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Advisory Alpha LLC bought a new position in shares of Valero Energy in the 1st quarter worth approximately $27,000. Archford Capital Strategies LLC lifted its stake in shares of Valero Energy by 122.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 363 shares of the oil and gas company’s stock worth $31,000 after purchasing an additional 200 shares during the period. Titan Capital Management LLC CA bought a new position in shares of Valero Energy in the 2nd quarter worth approximately $32,000. Stonebridge Capital Advisors LLC bought a new position in shares of Valero Energy in the 2nd quarter worth approximately $32,000. Finally, Griffin Asset Management Inc. bought a new position in shares of Valero Energy in the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 76.33% of the company’s stock.

Several equities analysts have recently weighed in on VLO shares. JPMorgan Chase & Co. lowered their price objective on shares of Valero Energy from $96.00 to $83.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 10th. Wells Fargo & Co increased their price objective on shares of Valero Energy from $107.00 to $108.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 25th. Royal Bank of Canada set a $98.00 price objective on shares of Valero Energy and gave the stock a “buy” rating in a research note on Friday, July 26th. Finally, ValuEngine upgraded shares of Valero Energy from a “sell” rating to a “hold” rating in a research note on Friday, September 27th. Five research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $103.56.

Valero Energy stock traded up $1.75 during midday trading on Wednesday, hitting $85.07. The stock had a trading volume of 2,523,620 shares, compared to its average volume of 3,508,722. The firm’s fifty day moving average is $80.50 and its two-hundred day moving average is $81.96. The company has a market capitalization of $35.03 billion, a PE ratio of 11.54, a P/E/G ratio of 2.26 and a beta of 1.48. Valero Energy Co. has a 52-week low of $68.81 and a 52-week high of $116.15. The company has a current ratio of 1.42, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Valero Energy (NYSE:VLO) last released its earnings results on Thursday, July 25th. The oil and gas company reported $1.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.37 by $0.14. The company had revenue of $28.93 billion during the quarter, compared to analyst estimates of $25.45 billion. Valero Energy had a net margin of 2.27% and a return on equity of 11.31%. The firm’s quarterly revenue was down 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.15 EPS. As a group, equities research analysts predict that Valero Energy Co. will post 4.67 earnings per share for the current fiscal year.

Valero Energy Profile

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Ethanol, and VLP (Valero Energy Partners LP). The company is involved in oil and gas refining, marketing, and bulk selling activities.

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

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