Edge Advisors LLC lessened its holdings in Valero Energy Corporation (NYSE:VLO) by 96.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,856 shares of the oil and gas company’s stock after selling 55,638 shares during the period. Edge Advisors LLC’s holdings in Valero Energy Corporation were worth $142,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of VLO. Cable Hill Partners LLC grew its stake in Valero Energy Corporation by 1,015.3% during the third quarter. Cable Hill Partners LLC now owns 1,316 shares of the oil and gas company’s stock worth $101,000 after buying an additional 1,198 shares during the last quarter. Independent Portfolio Consultants Inc. grew its stake in shares of Valero Energy Corporation by 62.2% during the second quarter. Independent Portfolio Consultants Inc. now owns 1,614 shares of the oil and gas company’s stock valued at $109,000 after purchasing an additional 619 shares during the last quarter. First Personal Financial Services grew its stake in shares of Valero Energy Corporation by 13.6% during the second quarter. First Personal Financial Services now owns 1,636 shares of the oil and gas company’s stock valued at $110,000 after purchasing an additional 196 shares during the last quarter. Ffcm LLC grew its stake in shares of Valero Energy Corporation by 189.4% during the second quarter. Ffcm LLC now owns 1,881 shares of the oil and gas company’s stock valued at $128,000 after purchasing an additional 1,231 shares during the last quarter. Finally, Manchester Capital Management LLC grew its stake in shares of Valero Energy Corporation by 16.9% during the second quarter. Manchester Capital Management LLC now owns 2,076 shares of the oil and gas company’s stock valued at $140,000 after purchasing an additional 300 shares during the last quarter. 81.75% of the stock is owned by hedge funds and other institutional investors.

In related news, CFO Michael S. Ciskowski sold 53,012 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $72.88, for a total transaction of $3,863,514.56. Following the completion of the transaction, the chief financial officer now owns 67,413 shares in the company, valued at $4,913,059.44. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Stephen M. Waters sold 1,500 shares of the stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $68.00, for a total transaction of $102,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 58,268 shares of company stock valued at $4,263,601. 0.45% of the stock is currently owned by corporate insiders.

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A number of equities analysts have issued reports on VLO shares. Zacks Investment Research cut shares of Valero Energy Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Royal Bank Of Canada reiterated a “buy” rating and issued a $77.00 target price on shares of Valero Energy Corporation in a report on Thursday, August 31st. BidaskClub lowered shares of Valero Energy Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Citigroup Inc. increased their target price on shares of Valero Energy Corporation from $68.00 to $76.00 and gave the stock a “buy” rating in a report on Wednesday, October 18th. Finally, Macquarie restated a “neutral” rating on shares of Valero Energy Corporation in a report on Monday, October 23rd. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have given a buy rating to the company. Valero Energy Corporation has an average rating of “Hold” and an average target price of $79.28.

Shares of Valero Energy Corporation (NYSE VLO) traded down $1.13 during midday trading on Wednesday, reaching $82.67. 465,800 shares of the company traded hands, compared to its average volume of 4,071,344. The company has a market capitalization of $35,921.02, a price-to-earnings ratio of 17.73, a PEG ratio of 1.71 and a beta of 1.17. Valero Energy Corporation has a fifty-two week low of $60.35 and a fifty-two week high of $84.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.24 and a current ratio of 1.91.

Valero Energy Corporation (NYSE:VLO) last released its quarterly earnings data on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.83 by $0.08. The firm had revenue of $23.56 billion for the quarter, compared to the consensus estimate of $19.42 billion. Valero Energy Corporation had a net margin of 2.33% and a return on equity of 9.87%. The business’s revenue was up 19.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.24 earnings per share. equities analysts anticipate that Valero Energy Corporation will post 4.83 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 21st will be issued a $0.70 dividend. The ex-dividend date is Monday, November 20th. This represents a $2.80 annualized dividend and a dividend yield of 3.39%. Valero Energy Corporation’s dividend payout ratio is currently 60.48%.

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.

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

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