Rockefeller Capital Management L.P. Has $16.96 Million Stock Holdings in Valero Energy Corporation $VLO

Rockefeller Capital Management L.P. increased its position in shares of Valero Energy Corporation (NYSE:VLOFree Report) by 7.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,198 shares of the oil and gas company’s stock after acquiring an additional 7,580 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Valero Energy were worth $16,963,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VLO. Woodline Partners LP boosted its position in shares of Valero Energy by 40.7% during the first quarter. Woodline Partners LP now owns 26,747 shares of the oil and gas company’s stock worth $3,532,000 after purchasing an additional 7,735 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Valero Energy by 13.0% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,929 shares of the oil and gas company’s stock valued at $259,000 after buying an additional 222 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in shares of Valero Energy in the 2nd quarter valued at $528,000. Sei Investments Co. raised its stake in Valero Energy by 11.3% during the 2nd quarter. Sei Investments Co. now owns 269,043 shares of the oil and gas company’s stock worth $36,165,000 after buying an additional 27,291 shares during the period. Finally, Treasurer of the State of North Carolina raised its stake in Valero Energy by 0.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 145,810 shares of the oil and gas company’s stock worth $19,600,000 after buying an additional 1,338 shares during the period. Institutional investors and hedge funds own 78.69% of the company’s stock.

Insider Buying and Selling at Valero Energy

In other news, SVP Eric A. Fisher sold 7,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $236.90, for a total transaction of $1,776,750.00. Following the completion of the transaction, the senior vice president directly owned 27,242 shares of the company’s stock, valued at $6,453,629.80. This trade represents a 21.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.36% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VLO. Weiss Ratings upgraded Valero Energy from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Raymond James Financial boosted their price objective on Valero Energy from $215.00 to $290.00 and gave the company a “strong-buy” rating in a research report on Wednesday, March 25th. BMO Capital Markets increased their target price on Valero Energy from $230.00 to $270.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. The Goldman Sachs Group raised their target price on shares of Valero Energy from $203.00 to $237.00 and gave the stock a “buy” rating in a report on Thursday, March 12th. Finally, Wall Street Zen raised shares of Valero Energy from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 4th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Valero Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.59.

Read Our Latest Research Report on VLO

Valero Energy Stock Performance

VLO opened at $244.44 on Wednesday. The company has a market capitalization of $72.58 billion, a price-to-earnings ratio of 17.76, a P/E/G ratio of 0.35 and a beta of 0.55. The business’s 50-day moving average price is $245.38 and its two-hundred day moving average price is $216.02. Valero Energy Corporation has a 1 year low of $130.78 and a 1 year high of $265.61. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.58 and a quick ratio of 1.15.

Valero Energy (NYSE:VLOGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share for the quarter, topping the consensus estimate of $3.16 by $1.06. The company had revenue of $32.38 billion during the quarter, compared to analysts’ expectations of $31.38 billion. Valero Energy had a return on equity of 15.94% and a net margin of 3.37%.Valero Energy’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.89 earnings per share. Equities analysts expect that Valero Energy Corporation will post 27.45 EPS for the current fiscal year.

Valero Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $4.80 dividend on an annualized basis and a yield of 2.0%. Valero Energy’s dividend payout ratio is 34.88%.

Valero Energy Profile

(Free Report)

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.

Further Reading

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

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