Charter Trust Co. cut its position in Valero Energy Co. (NYSE:VLO) by 3.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,744 shares of the oil and gas company’s stock after selling 781 shares during the quarter. Charter Trust Co.’s holdings in Valero Energy were worth $2,182,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in VLO. Eaton Vance Management boosted its stake in shares of Valero Energy by 2.1% in the second quarter. Eaton Vance Management now owns 13,671 shares of the oil and gas company’s stock valued at $922,000 after purchasing an additional 285 shares during the period. Franklin Resources Inc. boosted its stake in shares of Valero Energy by 48.8% in the second quarter. Franklin Resources Inc. now owns 313,216 shares of the oil and gas company’s stock valued at $21,130,000 after purchasing an additional 102,703 shares during the period. BT Investment Management Ltd acquired a new stake in Valero Energy in the second quarter valued at $373,000. ProShare Advisors LLC raised its holdings in Valero Energy by 10.4% in the second quarter. ProShare Advisors LLC now owns 115,125 shares of the oil and gas company’s stock valued at $7,766,000 after acquiring an additional 10,823 shares in the last quarter. Finally, Sandy Spring Bank raised its holdings in Valero Energy by 24.0% in the second quarter. Sandy Spring Bank now owns 3,362 shares of the oil and gas company’s stock valued at $226,000 after acquiring an additional 650 shares in the last quarter. Institutional investors and hedge funds own 81.34% of the company’s stock.

Several analysts recently issued reports on VLO shares. Zacks Investment Research raised shares of Valero Energy from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a report on Monday, October 16th. Citigroup upped their price target on shares of Valero Energy from $68.00 to $76.00 and gave the company a “buy” rating in a report on Wednesday, October 18th. Cowen reaffirmed a “buy” rating and issued a $90.00 price target on shares of Valero Energy in a report on Friday, November 3rd. Scotiabank reaffirmed a “buy” rating and issued a $84.00 price target on shares of Valero Energy in a report on Tuesday, November 14th. Finally, ValuEngine raised shares of Valero Energy from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $81.41.

Shares of Valero Energy Co. (NYSE VLO) traded up $1.41 during trading hours on Wednesday, hitting $97.56. 2,940,671 shares of the company’s stock were exchanged, compared to its average volume of 3,080,000. The firm has a market capitalization of $43,090.00, a PE ratio of 21.16, a price-to-earnings-growth ratio of 1.56 and a beta of 1.20. Valero Energy Co. has a 52 week low of $60.69 and a 52 week high of $98.11. The company has a quick ratio of 1.24, a current ratio of 1.91 and a debt-to-equity ratio of 0.39.

Valero Energy (NYSE:VLO) last issued its earnings results on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.83 by $0.08. The company had revenue of $23.56 billion for the quarter, compared to analysts’ expectations of $19.42 billion. Valero Energy had a net margin of 2.33% and a return on equity of 9.87%. The firm’s revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.24 earnings per share. sell-side analysts predict that Valero Energy Co. will post 4.92 earnings per share for the current fiscal year.

In other news, CFO Michael S. Ciskowski sold 251,530 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $93.29, for a total transaction of $23,465,233.70. Following the completion of the transaction, the chief financial officer now owns 309,119 shares in the company, valued at $28,837,711.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen M. Waters sold 1,600 shares of the company’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $78.87, for a total transaction of $126,192.00. The disclosure for this sale can be found here. Insiders have sold 301,287 shares of company stock worth $27,860,150 over the last three months. 0.45% of the stock is owned by corporate insiders.

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Valero Energy Profile

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

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