Simmons Bank Has $438,000 Position in Valero Energy Corporation (VLO)

Simmons Bank decreased its position in shares of Valero Energy Corporation (NYSE:VLO) by 32.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,500 shares of the oil and gas company’s stock after selling 3,118 shares during the quarter. Simmons Bank’s holdings in Valero Energy Corporation were worth $438,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VLO. BlackRock Inc. increased its holdings in Valero Energy Corporation by 2,578.1% in the 1st quarter. BlackRock Inc. now owns 38,217,393 shares of the oil and gas company’s stock valued at $2,533,433,000 after acquiring an additional 36,790,343 shares during the last quarter. FMR LLC increased its holdings in Valero Energy Corporation by 146.1% in the 2nd quarter. FMR LLC now owns 2,224,590 shares of the oil and gas company’s stock valued at $150,071,000 after acquiring an additional 1,320,524 shares during the last quarter. Harbour Capital Advisors LLC increased its holdings in Valero Energy Corporation by 6,236.6% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,226,760 shares of the oil and gas company’s stock valued at $18,185,000 after acquiring an additional 1,207,400 shares during the last quarter. Janus Henderson Group PLC increased its holdings in Valero Energy Corporation by 1,780.4% in the 2nd quarter. Janus Henderson Group PLC now owns 1,127,141 shares of the oil and gas company’s stock valued at $76,039,000 after acquiring an additional 1,067,201 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its holdings in Valero Energy Corporation by 88.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,138,646 shares of the oil and gas company’s stock valued at $144,273,000 after acquiring an additional 1,005,206 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.

A number of brokerages have issued reports on VLO. J P Morgan Chase & Co downgraded shares of Valero Energy Corporation from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $75.00 to $78.00 in a report on Friday. Cowen and Company lifted their price target on shares of Valero Energy Corporation from $70.00 to $90.00 and gave the company an “outperform” rating in a report on Thursday, September 28th. UBS AG reiterated a “neutral” rating and issued a $80.00 price target (up from $69.00) on shares of Valero Energy Corporation in a report on Wednesday, September 27th. Deutsche Bank AG reiterated a “hold” rating and issued a $73.00 price target (up from $65.00) on shares of Valero Energy Corporation in a report on Wednesday, September 20th. Finally, ValuEngine upgraded shares of Valero Energy Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $74.61.

WARNING: “Simmons Bank Has $438,000 Position in Valero Energy Corporation (VLO)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/10/simmons-bank-has-438000-position-in-valero-energy-corporation-vlo.html.

Shares of Valero Energy Corporation (VLO) traded down 0.01% during trading on Tuesday, reaching $77.12. 564,527 shares of the company traded hands. The firm has a 50 day moving average of $71.67 and a 200 day moving average of $67.29. Valero Energy Corporation has a 52 week low of $52.64 and a 52 week high of $78.64. The stock has a market capitalization of $34.06 billion, a PE ratio of 19.04 and a beta of 1.21.

Valero Energy Corporation (NYSE:VLO) last released its quarterly earnings data on Thursday, July 27th. The oil and gas company reported $1.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.15. Valero Energy Corporation had a net margin of 2.17% and a return on equity of 8.59%. The firm had revenue of $22.25 billion during the quarter, compared to analysts’ expectations of $19.32 billion. During the same period last year, the business earned $1.07 earnings per share. Valero Energy Corporation’s revenue was up 13.6% compared to the same quarter last year. On average, equities analysts predict that Valero Energy Corporation will post $4.44 EPS for the current year.

In related news, CFO Michael S. Ciskowski sold 53,012 shares of the firm’s 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 sale, the chief financial officer now directly 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 the SEC website. Also, Director Stephen M. Waters sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $68.00, for a total trans

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VLO. BlackRock Inc. increased its holdings in Valero Energy Corporation by 2,578.1% in the 1st quarter. BlackRock Inc. now owns 38,217,393 shares of the oil and gas company’s stock valued at $2,533,433,000 after acquiring an additional 36,790,343 shares during the last quarter. FMR LLC increased its holdings in Valero Energy Corporation by 146.1% in the 2nd quarter. FMR LLC now owns 2,224,590 shares of the oil and gas company’s stock valued at $150,071,000 after acquiring an additional 1,320,524 shares during the last quarter. Harbour Capital Advisors LLC increased its holdings in Valero Energy Corporation by 6,236.6% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,226,760 shares of the oil and gas company’s stock valued at $18,185,000 after acquiring an additional 1,207,400 shares during the last quarter. Janus Henderson Group PLC increased its holdings in Valero Energy Corporation by 1,780.4% in the 2nd quarter. Janus Henderson Group PLC now owns 1,127,141 shares of the oil and gas company’s stock valued at $76,039,000 after acquiring an additional 1,067,201 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its holdings in Valero Energy Corporation by 88.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,138,646 shares of the oil and gas company’s stock valued at $144,273,000 after acquiring an additional 1,005,206 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.

A number of brokerages have issued reports on VLO. J P Morgan Chase & Co downgraded shares of Valero Energy Corporation from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $75.00 to $78.00 in a report on Friday. Cowen and Company lifted their price target on shares of Valero Energy Corporation from $70.00 to $90.00 and gave the company an “outperform” rating in a report on Thursday, September 28th. UBS AG reiterated a “neutral” rating and issued a $80.00 price target (up from $69.00) on shares of Valero Energy Corporation in a report on Wednesday, September 27th. Deutsche Bank AG reiterated a “hold” rating and issued a $73.00 price target (up from $65.00) on shares of Valero Energy Corporation in a report on Wednesday, September 20th. Finally, ValuEngine upgraded shares of Valero Energy Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $74.61.

WARNING: “Simmons Bank Has $438,000 Position in Valero Energy Corporation (VLO)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/10/simmons-bank-has-438000-position-in-valero-energy-corporation-vlo.html.

Shares of Valero Energy Corporation (VLO) traded down 0.01% during trading on Tuesday, reaching $77.12. 564,527 shares of the company traded hands. The firm has a 50 day moving average of $71.67 and a 200 day moving average of $67.29. Valero Energy Corporation has a 52 week low of $52.64 and a 52 week high of $78.64. The stock has a market capitalization of $34.06 billion, a PE ratio of 19.04 and a beta of 1.21.

Valero Energy Corporation (NYSE:VLO) last released its quarterly earnings data on Thursday, July 27th. The oil and gas company reported $1.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.15. Valero Energy Corporation had a net margin of 2.17% and a return on equity of 8.59%. The firm had revenue of $22.25 billion during the quarter, compared to analysts’ expectations of $19.32 billion. During the same period last year, the business earned $1.07 earnings per share. Valero Energy Corporation’s revenue was up 13.6% compared to the same quarter last year. On average, equities analysts predict that Valero Energy Corporation will post $4.44 EPS for the current year.

In related news, CFO Michael S. Ciskowski sold 53,012 shares of the firm’s 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 sale, the chief financial officer now directly 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 the SEC website. Also, Director Stephen M. Waters sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The stock was 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. Over the last 90 days, insiders have sold 55,168 shares of company stock valued at $4,015,279. 0.45% of the stock is owned by company insiders.

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

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