Traders bought shares of Valero Energy Corporation (NYSE:VLO) on weakness during trading on Wednesday. $50.81 million flowed into the stock on the tick-up and $29.42 million flowed out of the stock on the tick-down, for a money net flow of $21.39 million into the stock. Of all companies tracked, Valero Energy Corporation had the 18th highest net in-flow for the day. Valero Energy Corporation traded down ($1.16) for the day and closed at $65.99

A number of equities analysts recently issued reports on VLO shares. Jefferies Group LLC set a $65.00 price objective on Valero Energy Corporation and gave the stock a “hold” rating in a report on Wednesday, April 19th. Citigroup Inc. reissued a “neutral” rating and issued a $70.00 price objective (up from $69.50) on shares of Valero Energy Corporation in a report on Saturday, April 22nd. Royal Bank Of Canada reissued a “buy” rating on shares of Valero Energy Corporation in a report on Wednesday, April 26th. Goldman Sachs Group, Inc. (The) lowered Valero Energy Corporation from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $65.55 to $73.00 in a report on Tuesday, May 16th. Finally, US Capital Advisors reaffirmed an “overweight” rating on shares of Valero Energy Corporation in a research note on Monday, May 22nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $71.59.

The company has a market capitalization of $29.15 billion, a P/E ratio of 16.29 and a beta of 1.21. The company’s 50 day moving average price is $67.64 and its 200 day moving average price is $66.13.

Valero Energy Corporation (NYSE:VLO) last issued its quarterly earnings results on Thursday, July 27th. The oil and gas company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.08 by $0.15. The firm had revenue of $22.25 billion for the quarter, compared to analysts’ expectations of $19.32 billion. Valero Energy Corporation had a net margin of 2.17% and a return on equity of 8.59%. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.07 EPS. Analysts forecast that Valero Energy Corporation will post $4.01 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Wednesday, August 9th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Monday, August 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 4.24%. Valero Energy Corporation’s payout ratio is 69.14%.

In other news, Director Susan Kaufman Purcell sold 5,151 shares of the company’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $64.68, for a total value of $333,166.68. Following the sale, the director now directly owns 9,866 shares of the company’s stock, valued at approximately $638,132.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.45% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of the stock. Guardian Life Insurance Co. of America boosted its stake in shares of Valero Energy Corporation by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 1,746 shares of the oil and gas company’s stock worth $116,000 after buying an additional 11 shares during the last quarter. Welch & Forbes LLC boosted its stake in shares of Valero Energy Corporation by 0.3% in the first quarter. Welch & Forbes LLC now owns 4,781 shares of the oil and gas company’s stock worth $317,000 after buying an additional 16 shares during the last quarter. BKD Wealth Advisors LLC boosted its stake in shares of Valero Energy Corporation by 0.4% in the second quarter. BKD Wealth Advisors LLC now owns 6,542 shares of the oil and gas company’s stock worth $441,000 after buying an additional 24 shares during the last quarter. Brown Advisory Securities LLC boosted its stake in shares of Valero Energy Corporation by 0.7% in the first quarter. Brown Advisory Securities LLC now owns 3,815 shares of the oil and gas company’s stock worth $254,000 after buying an additional 25 shares during the last quarter. Finally, Eads & Heald Investment Counsel boosted its stake in shares of Valero Energy Corporation by 0.3% in the second quarter. Eads & Heald Investment Counsel now owns 8,420 shares of the oil and gas company’s stock worth $568,000 after buying an additional 25 shares during the last quarter. 78.88% of the stock is currently owned by institutional investors.

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Valero Energy Corporation Company 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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