Teacher Retirement System of Texas Buys 141,001 Shares of Valero Energy Corporation (VLO)

Teacher Retirement System of Texas raised its holdings in Valero Energy Corporation (NYSE:VLO) by 28.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 629,108 shares of the oil and gas company’s stock after purchasing an additional 141,001 shares during the quarter. Teacher Retirement System of Texas owned 0.14% of Valero Energy Corporation worth $48,397,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in VLO. Snow Capital Management LP grew its stake in Valero Energy Corporation by 0.5% in the 1st quarter. Snow Capital Management LP now owns 19,003 shares of the oil and gas company’s stock valued at $1,260,000 after purchasing an additional 101 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in shares of Valero Energy Corporation by 7.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 72,187 shares of the oil and gas company’s stock valued at $4,785,000 after buying an additional 5,109 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Valero Energy Corporation by 8.6% during the 1st quarter. Geode Capital Management LLC now owns 4,735,660 shares of the oil and gas company’s stock valued at $313,514,000 after buying an additional 376,279 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Valero Energy Corporation by 23.4% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 344,900 shares of the oil and gas company’s stock valued at $22,888,000 after buying an additional 65,400 shares during the last quarter. Finally, Johnson Financial Group Inc. lifted its position in shares of Valero Energy Corporation by 2.7% during the 1st quarter. Johnson Financial Group Inc. now owns 38,910 shares of the oil and gas company’s stock valued at $2,579,000 after buying an additional 1,005 shares during the last quarter. Hedge funds and other institutional investors own 80.81% of the company’s stock.

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In other Valero Energy Corporation news, CFO Michael S. Ciskowski sold 53,012 shares of the stock in a transaction that occurred on 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 sale, the chief financial officer now owns 67,413 shares in the company, valued at approximately $4,913,059.44. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Stephen M. Waters sold 1,600 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $78.87, for a total value of $126,192.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 56,768 shares of company stock worth $4,141,471. 0.45% of the stock is owned by corporate insiders.

Valero Energy Corporation (NYSE:VLO) traded up $0.09 on Monday, reaching $81.37. The company had a trading volume of 2,473,800 shares, compared to its average volume of 4,097,899. The company has a current ratio of 1.91, a quick ratio of 1.24 and a debt-to-equity ratio of 0.39. Valero Energy Corporation has a fifty-two week low of $60.35 and a fifty-two week high of $82.19. The company has a market cap of $35,710.00, a price-to-earnings ratio of 17.58, a price-to-earnings-growth ratio of 1.69 and a beta of 1.17.

Valero Energy Corporation (NYSE:VLO) last posted its quarterly earnings results on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.08. Valero Energy Corporation had a return on equity of 9.87% and a net margin of 2.33%. The business had revenue of $23.56 billion for the quarter, compared to analyst estimates of $19.42 billion. During the same period last year, the company earned $1.24 EPS. Valero Energy Corporation’s revenue for the quarter was up 19.9% compared to the same quarter last year. equities research analysts anticipate that Valero Energy Corporation will post 4.83 EPS 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 dividend of $0.70 per share. The ex-dividend date is Monday, November 20th. This represents a $2.80 annualized dividend and a yield of 3.44%. Valero Energy Corporation’s payout ratio is 60.74%.

VLO has been the topic of a number of recent research reports. Citigroup Inc. dropped their price target on Valero Energy Corporation from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Monday, July 17th. ValuEngine raised Valero Energy Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $77.00 price target on shares of Valero Energy Corporation in a research report on Thursday, August 31st. Jefferies Group LLC dropped their price target on Valero Energy Corporation from $80.00 to $78.00 and set a “buy” rating on the stock in a research report on Wednesday, August 23rd. Finally, Scotiabank set a $70.00 price target on Valero Energy Corporation and gave the company a “buy” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price 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.

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

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