The Valero Energy Corporation (VLO) Given Consensus Rating of "Buy" by Brokerages

Xavier Trudeau
Juin 17, 2017

The institutional investor held 315,821 shares of the integrated oil company at the end of 2016Q4, valued at $21.58M, down from 361,371 at the end of the previous reported quarter. The stock touched 52-week High of $71.40 on 01/03/17 and 52-week Low of $46.88 on 07/08/16. Its share price has decline -5.63% in three months and is up 2.39% for the last five trades. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company. Barclays Capital maintained the stock with "Overweight" rating in Friday, August 7 report. On Thursday, December 1 the stock rating was upgraded by Credit Suisse to "Outperform". The stock has "Buy" rating by Jefferies on Tuesday, August 23. The stock of BP plc (ADR) (NYSE:BP) earned "Equalweight" rating by Morgan Stanley on Monday, November 2.

10/31/2016 - Valero Energy Partners LP had its "buy" rating reiterated by analysts at Mizuho. The rating was downgraded by Deutsche Bank on Wednesday, January 4 to "Hold". Investors of record on Wednesday, May 17th were issued a dividend of $0.70 per share.

Kempen Capital Management decreased its stake in Valero Energy Corp New Com (VLO) by 12.6% based on its latest 2016Q4 regulatory filing with the SEC.

Valero Energy Corporation (NYSE:VLO) today announced that it will host a conference call on July 27, 2017 at 10:00 a.m. ET to discuss second quarter earnings results, which will be released earlier that day, and provide an update on company operations. They expect $2.44 earnings per share, up 17.31% or $0.36 from last year's $2.08 per share. Mizuho maintained the shares of VLP in report on Monday, October 31 with "Buy" rating. ValuEngine raised shares of Valero Energy Corporation from a "hold" rating to a "buy" rating in a report on Tuesday, June 6th. Therefore 45% are positive. STMicroelectronics had 38 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Valero Energy Corporation (NYSE:VLO) has "Sector Outperform" rating given on Wednesday, October 26 by Howard Weil. The expected VLO's profit could reach $630.06M giving the stock 11.69 P/E in the case that $1.41 earnings per share is reported. (The) downgraded shares of Valero Energy Corporation from a "buy" rating to a "neutral" rating and lifted their price target for the company from $65.55 to $73.00 in a research report on Tuesday, May 16th. The firm has "Outperform" rating given on Friday, January 29 by RBC Capital Markets. The company was maintained on Wednesday, April 12 by TD Securities. The stock has "Buy" rating by SunTrust on Thursday, September 24. The firm has "Outperform" rating by Oppenheimer given on Monday, August 3. Malaga Cove Ltd Liability reported 31,826 shares.

Since February 8, 2017, it had 0 buys, and 14 insider sales for $30.89 million activity. $2.11M worth of 3M Co (NYSE:MMM) shares were sold by Delgado Joaquin. Tortoise Capital Advsr Ltd Liability has invested 1.45% in Valero Energy Partners LP (NYSE:VLP).

US Capital Advisors also issued estimates for Valero Energy's Q3 2017 earnings at $1.41 EPS, Q4 2017 earnings at $0.75 EPS, FY2017 earnings at $4.20 EPS, Q1 2018 earnings at $0.69 EPS, Q2 2018 earnings at $1.33 EPS, Q3 2018 earnings at $1.49 EPS, Q4 2018 earnings at $0.84 EPS and FY2018 earnings at $4.35 EPS.

Beta is also an important valuation ratio for analyzing the stock of the company, VLO has Beta of 1.23 while its industry and Sector's beta remains at 0.93 and 0.79 respectively. It increased, as 67 investors sold MMM shares while 592 reduced holdings. 120 funds opened positions while 268 raised stakes. Ancora Ltd invested in 0% or 799 shares.

The share price of Valero Energy Partners LP (NYSE:VLP) was down -0.89% during the last trading session, with a day high of 42.64. Citigroup Inc. restated a "buy" rating on shares of Valero Energy Partners in a research report on Friday, May 26th. Cleararc Cap Inc holds 0.14% in Valero Energy Corporation (NYSE:VLO) or 11,021 shares. Evanston Inc Dba Evanston Advsrs owns 108,338 shares or 2.28% of their USA portfolio. California Pub Employees Retirement System stated it has 1.38 million shares.

First Trust Advisors LP raised its stake in Valero Energy Partners LP (NYSE:VLP) by 63.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Meeder Asset Inc reported 70,198 shares stake. 1,400 are owned by First Personal Fincl Svcs. 151 are held by Jfs Wealth Advisors Limited Liability Com. Bowling Portfolio Management LLC boosted its position in shares of Valero Energy Corporation by 1.5% in the fourth quarter. Csu Producer Resources holds 5.52% or 14,500 shares in its portfolio.

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