American National Bank grew its stake in Valero Energy Co. (NYSE:VLO) by 11.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 34,749 shares of the oil and gas company’s stock after buying an additional 3,550 shares during the quarter. American National Bank’s holdings in Valero Energy were worth $2,948,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the stock. Oregon Public Employees Retirement Fund increased its position in Valero Energy by 4,599.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,491,501 shares of the oil and gas company’s stock worth $167,000 after buying an additional 12,225,706 shares during the period. AQR Capital Management LLC increased its position in Valero Energy by 10.3% during the third quarter. AQR Capital Management LLC now owns 8,371,097 shares of the oil and gas company’s stock worth $952,212,000 after buying an additional 781,426 shares during the period. Northern Trust Corp increased its position in Valero Energy by 3.3% during the fourth quarter. Northern Trust Corp now owns 6,386,167 shares of the oil and gas company’s stock worth $478,771,000 after buying an additional 202,230 shares during the period. Norges Bank acquired a new position in Valero Energy during the fourth quarter worth approximately $346,427,000. Finally, Morgan Stanley increased its position in Valero Energy by 14.2% during the third quarter. Morgan Stanley now owns 3,545,018 shares of the oil and gas company’s stock worth $403,246,000 after buying an additional 441,925 shares during the period. Hedge funds and other institutional investors own 79.20% of the company’s stock.

Several research firms have commented on VLO. Argus set a $110.00 price target on Valero Energy and gave the stock a “buy” rating in a research report on Tuesday, February 5th. Credit Suisse Group reissued an “outperform” rating on shares of Valero Energy in a report on Monday, March 25th. Zacks Investment Research raised Valero Energy from a “strong sell” rating to a “hold” rating in a report on Saturday, January 5th. Raymond James dropped their target price on Valero Energy from $105.00 to $100.00 and set an “outperform” rating on the stock in a report on Monday, December 31st. Finally, ValuEngine lowered Valero Energy from a “hold” rating to a “sell” rating in a report on Wednesday, January 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $113.32.

In related news, Director Stephen M. Waters acquired 500 shares of Valero Energy stock in a transaction dated Wednesday, February 20th. The shares were acquired at an average cost of $84.97 per share, for a total transaction of $42,485.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.38% of the stock is owned by corporate insiders.

VLO opened at $88.41 on Monday. The company has a current ratio of 1.65, a quick ratio of 1.04 and a debt-to-equity ratio of 0.39. The firm has a market cap of $37.18 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 1.62 and a beta of 1.17. Valero Energy Co. has a one year low of $68.81 and a one year high of $126.98.

Valero Energy (NYSE:VLO) last issued its quarterly earnings data on Thursday, January 31st. The oil and gas company reported $2.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $1.09. Valero Energy had a return on equity of 13.63% and a net margin of 2.67%. The business had revenue of $28.73 billion for the quarter, compared to the consensus estimate of $23.26 billion. On average, equities analysts anticipate that Valero Energy Co. will post 6.87 earnings per share for the current year.

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Valero Energy Company Profile

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company. 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. It produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel, other distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined petroleum products.

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

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