Valero Energy Corporation makes up 0.5% of Alpha Windward LLC's holdings, making the stock its 16th largest position. Focused Wealth Management Inc's holdings in Valero Energy Corporation were worth $225,000 as of its most recent SEC filing.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. LBA Wealth Management LLC raised its position in shares of Valero Energy Corporation by 0.6% in the first quarter. The fund owned 25,050 shares of the oil and gas company's stock at the end of the second quarter. Country Club Trust Company n.a. boosted its position in Valero Energy Partners by 2.5% in the first quarter. Macquarie Group Ltd. now owns 38,200 shares of the pipeline company's stock valued at $1,691,000 after buying an additional 22,500 shares during the last quarter. Valero Energy Partners posted earnings of $0.67 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 11.9%. Skba Capital Management LLC now owns 221,600 shares of the oil and gas company's stock valued at $14,690,000 after buying an additional 79,700 shares in the last quarter. Guggenheim Capital LLC boosted its stake in shares of Valero Energy Partners by 151.5% in the fourth quarter. Sandy Spring Bank now owns 2,712 shares of the oil and gas company's stock worth $179,000 after buying an additional 1,335 shares during the period. Citigroup Inc. reiterated a neutral rating and set a $50.00 price target (up previously from $46.00) on shares of Valero Energy Partners in a research report on Saturday, April 22nd.
Shares of Valero Energy Partners (NYSE:VLP) traded up 0.04% during trading on Thursday, hitting $46.26. The firm has a market capitalization of $30.31 billion, a price-to-earnings ratio of 14.82 and a beta of 1.22. Valero Energy Partners has a one year low of $38.90 and a one year high of $51.00. The company has a 50 day moving average of $66.00 and a 200-day moving average of $66.05.
Valero Energy Corporation (NYSE:VLO) last released its quarterly earnings data on Tuesday, April 25th. The oil and gas company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.08. Valero Energy Partners had a return on equity of 226.35% and a net margin of 56.22%. The firm had revenue of $21.77 billion during the quarter, compared to the consensus estimate of $19.15 billion. During the same quarter in the prior year, the company earned $0.60 earnings per share. The business's revenue for the quarter was up 38.6% compared to the same quarter a year ago. On average, equities analysts forecast that Valero Energy Corporation will post $4.09 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 10th. 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 4.13%. Credit Suisse Group restated a "hold" rating and issued a $67.00 price target on shares of Valero Energy Corporation in a research report on Friday, March 24th.
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Several equities research analysts recently commented on VLO shares. The stock now has an average rating of Buy and a consensus price target of $53.78. Scotiabank set a $70.00 price target on shares of Valero Energy Corporation and gave the company a "buy" rating in a research note on Monday, June 26th. Comparatively, 80.6% of Valero Energy Corporation shares are held by institutional investors. Barclays PLC reiterated an overweight rating and set a $55.00 price target on shares of Valero Energy Partners in a research report on Tuesday, May 2nd. Seven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. The Company's assets include crude oil and refined petroleum products pipelines, terminals, and other logistics assets in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the ten of Valero Energy Corporation (Valero) refineries.
In other news, Director Susan Kaufman Purcell sold 5,151 shares of the firm's stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $64.68, for a total value of $333,166.68. Following the completion of the transaction, the director now directly owns 9,866 shares in the company, valued at $638,132.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The firm now has a $80.00 price target on the oil and gas company's stock, up from their prior price target of $65.00. The Company owns logistics assets (crude oil pipelines, refined petroleum product pipelines, terminals, tanks, marine docks, truck rack bays and other assets) that support its refining operations. The refining segment includes its refining operations and the associated marketing activities.