Tokio Marine Asset Management Co. Ltd. Has $315,000 Position in Valero Energy Corporation (VLO)

Tokio Marine Asset Management Co. Ltd. cut its stake in shares of Valero Energy Corporation (NYSE:VLO) by 86.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,100 shares of the oil and gas company’s stock after selling 26,132 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Valero Energy Corporation were worth $315,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VLO. Cable Hill Partners LLC lifted its position in Valero Energy Corporation by 1,015.3% during the third quarter. Cable Hill Partners LLC now owns 1,316 shares of the oil and gas company’s stock valued at $101,000 after purchasing an additional 1,198 shares in the last quarter. Independent Portfolio Consultants Inc. raised its holdings in Valero Energy Corporation by 62.2% during the second quarter. Independent Portfolio Consultants Inc. now owns 1,614 shares of the oil and gas company’s stock valued at $109,000 after acquiring an additional 619 shares during the period. First Personal Financial Services raised its holdings in Valero Energy Corporation by 13.6% during the second quarter. First Personal Financial Services now owns 1,636 shares of the oil and gas company’s stock valued at $110,000 after acquiring an additional 196 shares during the period. Guardian Life Insurance Co. of America raised its holdings in Valero Energy Corporation by 0.6% during the first quarter. Guardian Life Insurance Co. of America now owns 1,746 shares of the oil and gas company’s stock valued at $116,000 after acquiring an additional 11 shares during the period. Finally, Ffcm LLC raised its holdings in Valero Energy Corporation by 189.4% during the second quarter. Ffcm LLC now owns 1,881 shares of the oil and gas company’s stock valued at $128,000 after acquiring an additional 1,231 shares during the period. Institutional investors own 80.63% of the company’s stock.

VLO has been the topic of a number of recent analyst reports. ValuEngine raised Valero Energy Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Royal Bank Of Canada reissued a “buy” rating and set a $77.00 price target on shares of Valero Energy Corporation in a report on Thursday, August 31st. Jefferies Group LLC decreased their price target on Valero Energy Corporation from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, August 23rd. Citigroup Inc. decreased their price target on Valero Energy Corporation from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Monday, July 17th. Finally, BidaskClub raised Valero Energy Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have issued a buy rating to the stock. Valero Energy Corporation has a consensus rating of “Hold” and an average price target of $77.19.

Valero Energy Corporation (NYSE VLO) opened at $80.88 on Friday. The stock has a market capitalization of $35,721.70, a P/E ratio of 17.47, a PEG ratio of 1.70 and a beta of 1.17. The company has a quick ratio of 1.31, a current ratio of 2.05 and a debt-to-equity ratio of 0.40.

Valero Energy Corporation (NYSE:VLO) last released its quarterly earnings results on Thursday, October 26th. The oil and gas company reported $1.91 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.83 by $0.08. The company had revenue of $23.56 billion during the quarter, compared to analyst estimates of $19.42 billion. Valero Energy Corporation had a return on equity of 9.93% and a net margin of 2.33%. The firm’s revenue was up 19.9% on a year-over-year basis. During the same quarter last year, the business posted $1.24 earnings per share. analysts expect that Valero Energy Corporation will post 4.77 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st will be given a $0.70 dividend. The ex-dividend date of this dividend is Monday, November 20th. This represents a $2.80 annualized dividend and a yield of 3.46%. Valero Energy Corporation’s dividend payout ratio is currently 60.48%.

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In related news, Director Stephen M. Waters sold 1,600 shares of Valero Energy Corporation stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $78.87, for a total value of $126,192.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael S. Ciskowski sold 53,012 shares of Valero Energy Corporation stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $72.88, for a total value of $3,863,514.56. Following the completion of the transaction, the chief financial officer now owns 67,413 shares of the company’s stock, valued at approximately $4,913,059.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 56,768 shares of company stock valued at $4,141,471. 0.45% of the stock is currently 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.

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

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