Cable Hill Partners LLC increased its stake in shares of Valero Energy Corporation (NYSE:VLO) by 1,015.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,316 shares of the oil and gas company’s stock after purchasing an additional 1,198 shares during the quarter. Cable Hill Partners LLC’s holdings in Valero Energy Corporation were worth $101,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Cadence Bank NA purchased a new stake in shares of Valero Energy Corporation during the 3rd quarter worth $251,000. Boys Arnold & Co. Inc. purchased a new stake in shares of Valero Energy Corporation during the 3rd quarter worth $209,000. Victory Capital Management Inc. lifted its stake in shares of Valero Energy Corporation by 64.1% during the 3rd quarter. Victory Capital Management Inc. now owns 222,120 shares of the oil and gas company’s stock worth $17,088,000 after purchasing an additional 86,739 shares during the last quarter. Mosaic Family Wealth LLC lifted its stake in shares of Valero Energy Corporation by 34.8% during the 3rd quarter. Mosaic Family Wealth LLC now owns 8,900 shares of the oil and gas company’s stock worth $684,000 after purchasing an additional 2,300 shares during the last quarter. Finally, OLD National Bancorp IN lifted its stake in shares of Valero Energy Corporation by 35.5% during the 3rd quarter. OLD National Bancorp IN now owns 45,645 shares of the oil and gas company’s stock worth $3,511,000 after purchasing an additional 11,953 shares during the last quarter. Hedge funds and other institutional investors own 80.63% of the company’s stock.

Valero Energy Corporation (NYSE VLO) traded up 2.384% during mid-day trading on Wednesday, reaching $80.771. The company had a trading volume of 869,655 shares. Valero Energy Corporation has a 12 month low of $57.40 and a 12 month high of $80.86. The firm’s 50 day moving average price is $75.96 and its 200-day moving average price is $68.66. The company has a market capitalization of $35.67 billion, a price-to-earnings ratio of 19.939 and a beta of 1.22.

Valero Energy Corporation (NYSE:VLO) last posted its earnings results on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.83 by $0.08. The business had revenue of $23.56 billion during the quarter, compared to the consensus estimate of $19.42 billion. Valero Energy Corporation had a return on equity of 9.93% and a net margin of 2.33%. The business’s quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.24 EPS. Equities research analysts anticipate that Valero Energy Corporation will post $4.82 earnings per share for the current year.

In other Valero Energy Corporation news, CFO Michael S. Ciskowski sold 53,012 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The stock was 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 of the company’s stock, valued at approximately $4,913,059.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen M. Waters sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $68.00, for a total value of $102,000.00. The disclosure for this sale can be found here. Over the last ninety 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.

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VLO has been the subject of a number of analyst reports. Royal Bank Of Canada restated a “buy” rating and set a $77.00 price objective on shares of Valero Energy Corporation in a research note on Thursday, August 31st. Zacks Investment Research cut Valero Energy Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. BidaskClub cut Valero Energy Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Scotiabank set a $70.00 price target on Valero Energy Corporation and gave the company a “buy” rating in a research note on Thursday, July 27th. Finally, Barclays PLC reiterated an “overweight” rating and issued a $86.00 price target (up from $85.00) on shares of Valero Energy Corporation in a research note on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company’s stock. Valero Energy Corporation presently has a consensus rating of “Hold” and a consensus price target of $77.19.

Valero Energy Corporation 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.

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

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