Monday, 10 December, 2018

Valero Energy Partners LP (NASDAQ:VLP) Expected To Report Earnings On Friday

Nellie Chapman | 03 February, 2018, 00:06

Several other large investors also recently made changes to their positions in the stock. Meru Capital Group Lp bought 22,500 shares as the company's stock rose 12.78% with the market.

Algert Global LLC trimmed its position in Valero Energy Co. The fund owned 231,891 shares of the oil and gas company's stock after selling 19,856 shares during the quarter.

J-P Marvel Investment Advisors Llc, which manages about $413.43 million and $314.33 million US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 53,924 shares to 198,798 shares, valued at $4.81 million in 2017Q3, according to the filing. Bank of New York Mellon Corp now owns 9,529 shares of the pipeline company's stock worth $435,000 after acquiring an additional 3,303 shares during the last quarter. Shares of VLO have uptrended 20.03% in the past three months, while the S&P 500 has moved 8.61% in that time. Willingdon Wealth Management owns 1,301 shares. (NYSE:PQG) to report $0.12 EPS on February, 12.PQG's profit would be $16.23M giving it 33.60 P/E if the $0.12 EPS is correct. Institutional investors and hedge funds own 81.40% of the company's stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The shares were sold at an average price of $93.29, for a total value of $23,465,233.70. Ameriprise Financial Inc has 11.29M shares. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 299,687 shares of company stock valued at $27,733,958. Valero Energy Corporation is comprised of insider ownership at and institutional ownership of.

Several research firms have weighed in on VLO. Wells Fargo & Co reiterated an "outperform" rating and set a $87.00 price target (up from $74.00) on shares of Valero Energy in a research report on Tuesday, October 17th. Analysts have placed a $98.63 price target on Valero Energy Corporation, suggesting a 4.16% gain from recent close.

Csu Producer Resources Inc. holds 9.13% of its portfolio in Valero Energy Corporation for 25,059 shares. Bank of America maintained the shares of VLO in report on Wednesday, January 24 with "Buy" rating. The firm has "Buy" rating by RBC Capital Markets given on Thursday, August 31. Standpoint Research downgraded the shares of VLO in report on Thursday, November 16 to "Hold" rating. Bp Plc stated it has 0.14% in Valero Energy Corporation (NYSE:VLO). Valero Energy Co. The firm has a market cap of $41,820.00, a price-to-earnings ratio of 20.54, a P/E/G ratio of 1.18 and a beta of 1.20.

Valero Energy Corporation (NYSE:VLO) shares were trading lower by -1.33 percent ($-1.28) at $94.69 a piece in Thursday's session. The oil and gas company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.08. The company had revenue of $26.39 billion during the quarter, compared to analysts' expectations of $23.02 billion. The ratio dropped, as 355 active investment managers opened new and increased holdings, while 356 sold and reduced equity positions in Valero Energy Corp. The firm's revenue was up 34.3% compared to the same quarter past year.

Flipping through the numbers on shares of Valero Energy Corp (VLO), we have noted that the current yearly earnings per share consensus projection is 4.64.

Valero Energy Corporation (VLO) stock is now showing negative return of -2.56% throughout last week and witnessed increasing return of 2.04% in one month period. This buyback authorization authorizes the oil and gas company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Investors of record on Monday, February 5th will be issued a dividend of $0.5075 per share. This is an increase from Valero Energy's previous quarterly dividend of $0.70. This represents a $1.82 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date is Monday, February 12th.

Moody National Bank Trust Division increased its stake in Valero Energy Corp (VLO) by 121.36% based on its latest 2017Q3 regulatory filing with the SEC.

COPYRIGHT VIOLATION WARNING: This story was first published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of USA & worldwide copyright and trademark legislation. Valero Energy's revenue for the quarter was up 27.4% compared to the same quarter last year. sell-side analysts expect that Valero Energy Co. will post 4.87 earnings per share for the current fiscal year. Illinois-based Blair William Il has invested 0.02% in Valero Energy Corporation (NYSE:VLO).