Valero Energy Co. (VLO) Shares Sold by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC decreased its position in Valero Energy Co. (NYSE:VLO) by 48.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,201 shares of the oil and gas company’s stock after selling 12,182 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Valero Energy were worth $1,016,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Wealth Planning LLC boosted its position in Valero Energy by 1.1% during the 2nd quarter. Capital Wealth Planning LLC now owns 4,045 shares of the oil and gas company’s stock valued at $273,000 after purchasing an additional 45 shares during the period. AMG Funds LLC boosted its position in Valero Energy by 0.4% during the 2nd quarter. AMG Funds LLC now owns 26,824 shares of the oil and gas company’s stock valued at $1,810,000 after purchasing an additional 110 shares during the period. Optimum Investment Advisors boosted its position in Valero Energy by 1.1% during the 2nd quarter. Optimum Investment Advisors now owns 14,352 shares of the oil and gas company’s stock valued at $968,000 after purchasing an additional 152 shares during the period. ETRADE Capital Management LLC boosted its position in Valero Energy by 1.8% during the 2nd quarter. ETRADE Capital Management LLC now owns 10,407 shares of the oil and gas company’s stock valued at $702,000 after purchasing an additional 184 shares during the period. Finally, First Personal Financial Services boosted its position in Valero Energy by 13.6% during the 2nd 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 period. Institutional investors own 81.31% of the company’s stock.

In other news, CFO Michael S. Ciskowski sold 45,657 shares of the business’s stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $88.91, for a total value of $4,059,363.87. Following the sale, the chief financial officer now owns 57,589 shares of the company’s stock, valued at approximately $5,120,237.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Michael S. Ciskowski sold 251,530 shares of the business’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $93.29, for a total value of $23,465,233.70. Following the completion of the sale, the chief financial officer now directly owns 309,119 shares in the company, valued at approximately $28,837,711.51. The disclosure for this sale can be found here. Insiders sold a total of 301,287 shares of company stock worth $27,860,150 in the last three months. Company insiders own 0.45% of the company’s stock.

Shares of Valero Energy Co. (NYSE:VLO) traded up $0.39 during trading on Thursday, reaching $94.55. The company’s stock had a trading volume of 2,680,000 shares, compared to its average volume of 3,170,000. The company has a quick ratio of 1.24, a current ratio of 1.91 and a debt-to-equity ratio of 0.39. The company has a market cap of $41,760.00, a P/E ratio of 20.51, a P/E/G ratio of 1.47 and a beta of 1.20. Valero Energy Co. has a 52-week low of $60.69 and a 52-week high of $94.96.

Valero Energy (NYSE:VLO) last announced its earnings results on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.08. Valero Energy had a return on equity of 16.72% and a net margin of 3.66%. The firm had revenue of $23.56 billion for the quarter, compared to the consensus estimate of $19.42 billion. During the same quarter in the previous year, the business earned $1.24 EPS. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. equities research analysts predict that Valero Energy Co. will post 5 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 21st were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend was Monday, November 20th. Valero Energy’s dividend payout ratio is presently 60.74%.

A number of research firms recently issued reports on VLO. Piper Jaffray Companies restated a “hold” rating and set a $78.00 price objective on shares of Valero Energy in a research report on Friday, November 17th. Citigroup boosted their price objective on Valero Energy from $68.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, October 18th. Jefferies Group lowered Valero Energy from a “buy” rating to a “hold” rating in a research report on Monday, October 16th. Cowen restated a “buy” rating and set a $90.00 price objective on shares of Valero Energy in a research report on Friday, November 3rd. Finally, Standpoint Research lowered Valero Energy from a “buy” rating to a “hold” rating and set a $84.00 price objective for the company. in a research report on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $81.41.

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Valero Energy 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 (NYSE:VLO)

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