Valero Energy Corporation (VLO) Becoming A Gem To Institutional Investors?

Valero Energy Corporation (NYSE:VLO) went up to recover about 6.39% since recording its record low price of $68.91. The stock experienced 6.34% jump, arriving at $73.31 on 12/26/2018. During the day, the stock price traveled from $68.81 to $73.49. This company shares are 59.6% off its target price of $117 and the current market capitalization stands at $31.17B. The recent change has given its price a -12.82% deficit over SMA 50 and -42.27% deficit over its 52-week high. The stock witnessed -4.83% declines, -37.21% declines and -33.51% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found VLO’s volatility during a week at 4.54% and during a month it has been found around 3.86%.

Valero Energy Corporation (VLO) Top Holders

Institutional investors currently hold around $23.4 billion or 82.1% in VLO stock. Look at its top three institutional owners. Blackrock Inc. owns $2.38 billion in Valero Energy Corporation, which represents roughly 7.64% of the company’s market cap and approximately 10.18% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 34,011,347 shares of the stock are valued at $2.34 billion. The third largest holder is State Street Corp, which currently holds $1.57 billion worth of this stock and that ownership represents nearly 5.05% of its market capitalization.

Valero Energy Corporation 13F Filings

At the end of September reporting period, 492 institutional holders increased their position in Valero Energy Corporation (NYSE:VLO) by some 17,727,678 shares, 573 decreased positions by 22,442,683 and 172 held positions by 299,295,389. That puts total institutional holdings at 339,465,750 shares, according to SEC filings. The stock grabbed 91 new institutional investments totaling 1,274,977 shares while 75 institutional investors sold out their entire positions totaling 1,750,871 shares.

Valero Energy Corporation (NYSE:VLO) Insider Trades

Multiple company employees have indulged in significant insider trading. Valero Energy Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Weisenburger Randall J has acquired 25,000 shares of Valero Energy Corporation (VLO) in trading session dated Dec. 11, 2018. These shares are worth $1,818,500 and were traded at $72.74 each. The SEC filing shows that Eberhart Paulett performed a purchase of 60 shares. The Director added these shares by way of transaction on Oct. 29, 2018. The company’s shares were assimilated at $86.23 per share worth to an investment of some $5,174 on account of Eberhart Paulett.

Director, Waters Stephen M, sold 1,000 common shares of Valero Energy Corporation (VLO) in the open market. In a transaction dated Jul. 30, 2018, the shares were put up for sale at an average price of $116.76, raking in a sum of $116,760. After this sale, 7,464 common shares of VLO are directly owned by the insider, with total stake valued at $547,186.

In the transaction dated May. 23, 2018, the great number of shares disposed came courtesy the Director; Waters Stephen M disposed a total of 1,000 shares at an average price of $121.04, amounting to approximately $121,040. The insider now directly owns 8,464 shares worth $620,496.

Valero Energy Corporation (VLO) Analyst Guide

Several analysts have released their opinion on Valero Energy Corporation (NYSE:VLO), with 4 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 8 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.21 average brokerage recommendation.