Published: Sat, February 03, 2018
Money | By Armando Alvarado

Torch Wealth Management LLC Buys New Holdings in Valero Energy Co. (VLO)


A beta above 1 signals above average market risk, while a beta below 1 implies below average volatility. (USFD) shares declined -1.63% and ended the day at $32.59.

Valero Energy Corporation (NYSE:VLO) market capitalization at present is $41.42B at the rate of $94.34 a share. The company had a trading volume of 2,267,504 shares, compared to its average volume of 2,822,637. The shares were sold at an average price of $81.42, for a total value of $122,130.00.

Valero Energy Corporation (VLO) has been given an average price target of $98.63 from analysts, according to data collected by Finviz. It has underperformed by 12.64% the S&P500.

South Dakota Investment Council increased its stake in United Contl Hldgs Inc (UAL) by 10.29% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 51,275 shares of the integrated oil company at the end of 2017Q3, valued at $3.94 million, up from 36,908 at the end of the previous reported quarter. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.90 as current ratio and on the opponent side the debt to equity ratio was 0.42 and long-term debt to equity ratio also remained 0.41. Valero Energy Partners LP (NYSE:VLP) has risen 4.06% since January 30, 2017 and is uptrending. It has outperformed by 45.22% the S&P500.

Since September 6, 2017, it had 0 insider buys, and 5 selling transactions for $27.57 million activity. About 4.29 million shares traded or 38.22% up from the average.

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Investors sentiment decreased to 1 in Q3 2017. It turned negative, as 46 investors sold VLO shares while 310 reduced holdings.

A number of analysts have recently issued reports on VLP shares. Mizuho maintained Valero Energy Corporation (NYSE:VLO) rating on Friday, February 3. Comparatively, Valero Energy Corporation posted earnings of $1.2 per share in the same quarter past year. Credit Suisse Ag owns 835,321 shares for 0.06% of their portfolio. 5,450 were accumulated by Godshalk Welsh Mgmt. 7,880 were accumulated by Kemnay Advisory Svcs. Tru Of Vermont has invested 0.01% of its portfolio in Valero Energy Corporation (NYSE:VLO).

Price earnings ratio (P/E) ratio of Valero Energy Corporation (VLO) is 20.47. Axa reported 973,778 shares stake. Delta Asset Mngmt Tn reported 0.01% of its portfolio in Valero Energy Corporation (NYSE:VLO). Dupont Mngmt Corporation reported 107,545 shares. Legacy Private Company reported 0.07% stake.

Valero Energy declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, January 23rd that authorizes the company to buyback $2.50 billion in outstanding shares. Janney Montgomery Scott Limited Liability Corp owns 0.05% invested in Valero Energy Corporation (NYSE:VLO) for 62,244 shares. Cornercap Invest Counsel Incorporated holds 0.9% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 82,887 shares. Valero Energy Corporation had 69 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has "Buy" rating by Bank of America on Wednesday, January 24. RBC Capital Markets maintained Valero Energy Corporation (NYSE:VLO) on Friday, January 29 with "Outperform" rating. RBC Capital Markets maintained Valero Energy Partners LP (NYSE:VLP) on Sunday, July 30 with "Buy" rating. The stock has "Buy" rating by RBC Capital Markets on Thursday, June 15. The rating was maintained by Piper Jaffray on Friday, May 26 with "Neutral". RBC Capital Markets maintained the shares of AGU in report on Tuesday, August 11 with "Outperform" rating. Cowen restated a "buy" rating and issued a $90.00 target price on shares of Valero Energy in a research note on Friday, November 3rd. They expect $0.52 EPS, up 4.00% or $0.02 from last year's $0.5 per share. FIG's profit will be $104.94M for 7.27 P/E if the $0.27 EPS becomes a reality. After $0.90 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts 7.78% EPS growth. It also increased its holding in Mantech Intl Corp (NASDAQ:MANT) by 10,337 shares in the quarter, for a total of 2.16M shares, and has risen its stake in Motorcar Pts Amer Inc (NASDAQ:MPAA). Investor speculation and demand also help increase a share's price over time. Its up 0.09, from 1.05 in 2017Q2. 12 funds opened positions while 26 raised stakes. Bnp Paribas Arbitrage stated it has 716,061 shares or 0.13% of all its holdings. Parametric Portfolio Limited Liability Corporation holds 2.18 million shares or 0.19% of its portfolio. Harvest Fund Management Co. Willingdon Wealth Management purchased a new stake in Valero Energy in the third quarter valued at approximately $100,000. Omers Administration Corp holds 0.21% or 2.33 million shares in its portfolio. Prudential Pcl holds 0.28% or 1.17 million shares in its portfolio. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued. Segantii Capital Ltd has invested 5.9% in Fortress Investment Group LLC (NYSE:FIG). Century Cos stated it has 477,004 shares or 0.04% of all its holdings. Jpmorgan Chase & invested in 0.02% or 12.85M shares. Bb&T Securities Limited Liability reported 33,300 shares. Finally, Fieldpoint Private Securities LLC purchased a new position in shares of Valero Energy during the third quarter valued at $160,000. The rating was downgraded by Standpoint Research to "Hold" on Thursday, November 16.

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