First National Bank of Mount Dora Trust Investment Services Has $4.51 Million Stake in Valero Energy Co. (VLO)

First National Bank of Mount Dora Trust Investment Services increased its stake in shares of Valero Energy Co. (NYSE:VLO) by 5.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 49,075 shares of the oil and gas company’s stock after purchasing an additional 2,585 shares during the period. Valero Energy accounts for approximately 2.0% of First National Bank of Mount Dora Trust Investment Services’ investment portfolio, making the stock its 25th biggest position. First National Bank of Mount Dora Trust Investment Services’ holdings in Valero Energy were worth $4,510,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Willingdon Wealth Management purchased a new stake in Valero Energy during the 3rd quarter valued at about $100,000. Cable Hill Partners LLC grew its stake in shares of Valero Energy by 1,015.3% in the 3rd quarter. Cable Hill Partners LLC now owns 1,316 shares of the oil and gas company’s stock valued at $101,000 after buying an additional 1,198 shares during the period. San Francisco Sentry Investment Group CA grew its stake in shares of Valero Energy by 2,272.1% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,447 shares of the oil and gas company’s stock valued at $112,000 after buying an additional 1,386 shares during the period. Chicago Partners Investment Group LLC grew its stake in shares of Valero Energy by 300.6% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,863 shares of the oil and gas company’s stock valued at $143,000 after buying an additional 1,398 shares during the period. Finally, Fieldpoint Private Securities LLC purchased a new stake in shares of Valero Energy in the 3rd quarter valued at approximately $160,000. Hedge funds and other institutional investors own 81.34% of the company’s stock.

In related news, CFO Michael S. Ciskowski sold 45,657 shares of Valero Energy stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $88.91, for a total transaction of $4,059,363.87. Following the sale, the chief financial officer now directly owns 57,589 shares in the company, valued at approximately $5,120,237.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen M. Waters sold 1,600 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $78.87, for a total transaction of $126,192.00. The disclosure for this sale can be found here. Insiders have sold a total of 301,287 shares of company stock worth $27,860,150 over the last quarter. 0.45% of the stock is owned by company insiders.

Shares of Valero Energy Co. (NYSE VLO) opened at $96.75 on Monday. Valero Energy Co. has a fifty-two week low of $60.69 and a fifty-two week high of $97.00. The firm has a market cap of $42,730.00, a price-to-earnings ratio of 20.99, a PEG ratio of 1.56 and a beta of 1.20. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.91 and a quick ratio of 1.24.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.83 by $0.08. Valero Energy had a net margin of 2.33% and a return on equity of 9.87%. 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 business earned $1.24 EPS. The company’s revenue was up 19.9% on a year-over-year basis. sell-side analysts anticipate that Valero Energy Co. will post 4.97 earnings per share for the current fiscal year.

Several analysts have recently weighed in on the stock. Credit Suisse Group initiated coverage on shares of Valero Energy in a research note on Wednesday, January 3rd. They issued a “neutral” rating and a $91.00 price target for the company. ValuEngine raised shares of Valero Energy from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Scotiabank reaffirmed a “buy” rating and set a $93.00 price objective on shares of Valero Energy in a research report on Friday, December 22nd. Standpoint Research cut shares of Valero Energy from a “buy” rating to a “hold” rating and set a $84.00 price objective for the company. in a research report on Thursday, November 16th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $78.00 price objective on shares of Valero Energy in a research report on Friday, November 17th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $81.41.

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About Valero Energy

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 (NYSE:VLO)

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