Published: Mon, January 01, 2018
Finance | By Loren Pratt

Valero Energy Corp (VLO) Holder Huntington National Bank Has Lifted Holding

FMR LLC now owns 2,224,590 shares of the oil and gas company's stock worth $150,071,000 after purchasing an additional 1,320,524 shares during the period. It has underperformed by 15.16% the S&P500.

Foundation Resource Management Inc decreased its stake in Valero Energy Corp New (VLO) by 2.61% based on its latest 2017Q3 regulatory filing with the SEC. Conning Inc sold 7,737 shares as Valero Energy Corp New (VLO)'s stock declined 2.47%. The institutional investor held 447,624 shares of the integrated oil company at the end of 2017Q3, valued at $34.44M, down from 612,824 at the end of the previous reported quarter. Kempen Capital Management who had been investing in Valero Energy Corp New Com for a number of months, seems to be less bullish one the $40.22 billion market cap company. (VLO) traded down $0.39 during mid-day trading on Friday, hitting $91.91. Finally, ValuEngine raised shares of Valero Energy from a "hold" rating to a "buy" rating in a research note on Sunday. Signature Bank (NASDAQ:SBNY) has risen 4.47% since December 31, 2016 and is uptrending.

Investors sentiment decreased to 1 in 2017 Q3. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.24 and a current ratio of 1.91. It worsened, as 46 investors sold VLO shares while 310 reduced holdings.

Dimensional Fund Advisors LP lowered its position in shares of Valero Energy Co. The pipeline company reported $0.65 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.68 by ($0.03). Guggenheim Cap Limited Liability stated it has 1.10M shares. The Company's assets include crude oil and refined petroleum products pipelines, terminals, and other logistics assets in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the ten of Valero Energy Corporation (Valero) refineries. 2,928 are owned by Syntal Capital Prns Limited. Cypress Group Inc holds 0.4% or 24,611 shares in its portfolio. Strs Ohio reported 0.09% of its portfolio in Valero Energy Corporation (NYSE:VLO). Bb&T Secs Limited Co owns 0.03% invested in Valero Energy Corporation (NYSE:VLO) for 33,300 shares. Moreover, Nippon Life Glob Investors Americas Inc has 0.38% invested in Valero Energy Corporation (NYSE:VLO).

Investors may be interested in viewing the Gross Margin score on shares of CECO Environmental Corp. Susquehanna Group Inc Llp holds 0.01% or 153,300 shares in its portfolio. Dreman Value Mgmt L L C reported 16,794 shares stake. Jacobs Levy Equity Management accumulated 307,846 shares or 0.46% of the stock.

Since September 6, 2017, it had 0 insider purchases, and 4 sales for $4.10 million activity. Also, Director Stephen M. Waters sold 1,600 shares of Valero Energy stock in a transaction on Tuesday, October 31st. Therefore 75% are positive. Mizuho upped their price objective on Valero Energy from $55.00 to $58.00 and gave the stock a "buy" rating in a report on Friday, February 3rd. The rating was maintained by Citigroup on Wednesday, October 19 with "Buy". BMO Capital Markets maintained Signature Bank (NASDAQ:SBNY) rating on Tuesday, October 3. The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. The firm has "Outperform" rating by RBC Capital Markets given on Friday, July 31. The firm earned "Hold" rating on Thursday, November 16 by Standpoint Research. The firm has "Overweight" rating given on Wednesday, February 1 by Barclays Capital. The rating was upgraded by Jefferies to "Buy" on Thursday, June 22. Macquarie Research has "Outperform" rating and $82 target. The original version of this story can be viewed at During the same period in the previous year, the firm earned $0.77 EPS. equities analysts expect that Valero Energy Partners LP will post 2.81 EPS for the current year. VLO's profit will be $551.35 million for 18.24 P/E if the $1.26 EPS becomes a reality.

Huntington National Bank, which manages about $5.93 billion US Long portfolio, decreased its stake in Johnson & Johnson (NYSE:JNJ) by 23,365 shares to 586,006 shares, valued at $76.19M in 2017Q3, according to the filing. It also increased its holding in Corecivic Inc Com by 45,400 shares in the quarter, for a total of 79,300 shares, and has risen its stake in Patterson Uti Energy Inc Com (NASDAQ:PTEN).

Analysts await Santander Consumer USA Holdings Inc. They expect $0.32 EPS, up 88.24% or $0.15 from last year's $0.17 per share. Randolph Incorporated reported 305,850 shares stake. Janus Henderson Group PLC increased its holdings in shares of Valero Energy by 1,780.4% in the second quarter. Its up 0.15, from 0.79 in 2017Q2. 17,373 were accumulated by Voloridge Invest Mgmt Limited Co. (NYSE:SEAS). Thompson Siegel And Walmsley has 0.23% invested in SeaWorld Entertainment, Inc. Ontario Teachers Pension Plan Board invested in 1.34 million shares. Lenox Wealth Advsr holds 176 shares. Teachers Insurance & Annuity Association Of America has 101,180 shares for 0.21% of their portfolio. Cincinnati accumulated 123,068 shares or 0.28% of the stock. 12,591 are held by Girard Ptnrs Ltd. Jennison Associate Ltd Liability Com invested in 325,843 shares or 0.03% of the stock. Washington National Bank holds 0.64% or 52,678 shares in its portfolio.

Conning Inc increased Texas Instrs Inc (NASDAQ:TXN) stake by 31,080 shares to 440,200 valued at $39.46M in 2017Q3. Royal Comml Bank Of Canada invested 0% in SeaWorld Entertainment, Inc. The New York-based Canandaigua Bank & has invested 0.13% in Valero Energy Corporation (NYSE:VLO). Zendesk, Inc. The ERP5 Rank may assist investors with spotting companies that are undervalued. Proficio Capital Partners LLC bought a new position in Valero Energy Partners in the 2nd quarter worth $221,000.

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