Marshall Wace North America L.P. increased its position in Valero Energy Co. (NYSE:VLO) by 2,616.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 141,239 shares of the oil and gas company’s stock after acquiring an additional 136,039 shares during the quarter. Marshall Wace North America L.P.’s holdings in Valero Energy were worth $16,065,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VLO. Appleton Partners Inc. MA boosted its stake in Valero Energy by 1.2% in the 3rd quarter. Appleton Partners Inc. MA now owns 41,763 shares of the oil and gas company’s stock worth $4,751,000 after purchasing an additional 497 shares during the period. San Francisco Sentry Investment Group CA boosted its stake in Valero Energy by 12.1% in the 2nd quarter. San Francisco Sentry Investment Group CA now owns 4,677 shares of the oil and gas company’s stock worth $519,000 after purchasing an additional 505 shares during the period. Impax Asset Management LLC boosted its stake in Valero Energy by 10.7% in the 2nd quarter. Impax Asset Management LLC now owns 5,227 shares of the oil and gas company’s stock worth $579,000 after purchasing an additional 505 shares during the period. Stephens Inc. AR boosted its stake in Valero Energy by 3.8% in the 2nd quarter. Stephens Inc. AR now owns 14,335 shares of the oil and gas company’s stock worth $1,589,000 after purchasing an additional 522 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its stake in Valero Energy by 16.7% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 3,730 shares of the oil and gas company’s stock worth $413,000 after purchasing an additional 533 shares during the period. 78.74% of the stock is owned by institutional investors.

Several research analysts have commented on VLO shares. Standpoint Research upgraded Valero Energy from a “hold” rating to a “buy” rating in a research note on Friday, October 12th. Wells Fargo & Co cut their target price on Valero Energy from $141.00 to $135.00 and set a “buy” rating for the company in a research note on Friday, October 26th. ValuEngine upgraded Valero Energy from a “sell” rating to a “hold” rating in a research note on Monday, November 26th. Goldman Sachs Group downgraded Valero Energy from a “neutral” rating to a “sell” rating in a research note on Friday, October 19th. Finally, Tudor Pickering downgraded Valero Energy from a “buy” rating to a “hold” rating in a research note on Thursday, October 11th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company’s stock. Valero Energy currently has an average rating of “Buy” and an average price target of $116.80.

Shares of VLO opened at $75.99 on Friday. The stock has a market cap of $33.45 billion, a PE ratio of 15.32, a price-to-earnings-growth ratio of 0.33 and a beta of 1.08. The company has a quick ratio of 0.99, a current ratio of 1.59 and a debt-to-equity ratio of 0.39. Valero Energy Co. has a 12-month low of $75.55 and a 12-month high of $126.98.

Valero Energy (NYSE:VLO) last issued its quarterly earnings results on Thursday, October 25th. The oil and gas company reported $2.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.95 by $0.06. The firm had revenue of $30.85 billion during the quarter, compared to the consensus estimate of $31.82 billion. Valero Energy had a return on equity of 11.90% and a net margin of 3.96%. On average, equities analysts forecast that Valero Energy Co. will post 6.21 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 12th. Stockholders of record on Tuesday, November 20th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, November 19th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.21%. Valero Energy’s dividend payout ratio (DPR) is presently 64.52%.

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About Valero Energy

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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