Game Creek Capital LP Acquires 47,736 Shares of Valero Energy Co. (NYSE:VLO)

Game Creek Capital LP boosted its holdings in Valero Energy Co. (NYSE:VLO) by 159.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 77,650 shares of the oil and gas company’s stock after buying an additional 47,736 shares during the quarter. Valero Energy accounts for about 3.8% of Game Creek Capital LP’s investment portfolio, making the stock its 5th largest position. Game Creek Capital LP’s holdings in Valero Energy were worth $6,648,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of VLO. Northwest Bancshares Inc. grew its position in Valero Energy by 3.0% during the 1st quarter. Northwest Bancshares Inc. now owns 3,887 shares of the oil and gas company’s stock worth $330,000 after purchasing an additional 115 shares in the last quarter. RDL Financial Inc. grew its position in Valero Energy by 0.6% during the 1st quarter. RDL Financial Inc. now owns 24,114 shares of the oil and gas company’s stock worth $2,046,000 after purchasing an additional 133 shares in the last quarter. HighPoint Advisor Group LLC grew its position in Valero Energy by 2.8% during the 1st quarter. HighPoint Advisor Group LLC now owns 4,929 shares of the oil and gas company’s stock worth $415,000 after purchasing an additional 133 shares in the last quarter. Wealth Architects LLC grew its position in Valero Energy by 4.4% during the 2nd quarter. Wealth Architects LLC now owns 3,226 shares of the oil and gas company’s stock worth $276,000 after purchasing an additional 136 shares in the last quarter. Finally, Capital Investment Advisory Services LLC grew its position in Valero Energy by 23.6% during the 1st quarter. Capital Investment Advisory Services LLC now owns 754 shares of the oil and gas company’s stock worth $64,000 after purchasing an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 78.80% of the company’s stock.

Shares of NYSE:VLO traded down $1.01 during trading on Tuesday, reaching $78.69. 83,517 shares of the company traded hands, compared to its average volume of 3,449,999. The firm has a fifty day simple moving average of $81.77 and a 200 day simple moving average of $82.85. The firm has a market cap of $32.37 billion, a P/E ratio of 10.68, a price-to-earnings-growth ratio of 1.88 and a beta of 1.48. Valero Energy Co. has a 1-year low of $68.81 and a 1-year high of $122.42. The company has a quick ratio of 0.92, a current ratio of 1.42 and a debt-to-equity ratio of 0.42.

Valero Energy (NYSE:VLO) last issued its earnings results on Thursday, July 25th. The oil and gas company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.14. The company had revenue of $28.93 billion during the quarter, compared to analyst estimates of $25.45 billion. Valero Energy had a net margin of 2.27% and a return on equity of 11.31%. The company’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same quarter last year, the business posted $2.15 EPS. As a group, research analysts anticipate that Valero Energy Co. will post 5.2 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 4th. Investors of record on Tuesday, August 6th will be paid a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 4.57%. The ex-dividend date is Monday, August 5th. Valero Energy’s payout ratio is presently 48.85%.

Several equities analysts have weighed in on VLO shares. Raymond James lifted their price objective on shares of Valero Energy from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. ValuEngine cut shares of Valero Energy from a “hold” rating to a “sell” rating in a research report on Friday, August 2nd. Goldman Sachs Group upgraded shares of Valero Energy from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $96.00 to $92.00 in a research report on Thursday, June 6th. JPMorgan Chase & Co. upgraded shares of Valero Energy from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $102.00 to $105.00 in a research report on Tuesday, May 14th. Finally, Wells Fargo & Co set a $107.00 price objective on shares of Valero Energy and gave the stock a “buy” rating in a research report on Friday, July 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $105.47.

About Valero Energy

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Ethanol, and VLP (Valero Energy Partners LP). The company is involved in oil and gas refining, marketing, and bulk selling activities.

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

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