Highbridge Capital Management LLC Invests $8343000 in Valero Energy Corporation (VLO)

Joanna Estrada
January 13, 2018

Valero Energy Corp New now has $41.73 billion valuation. The stock increased 0.42% or $0.4 during the last trading session, reaching $94.55. About 1.15 million shares traded.

Valero Energy Corporation (NYSE:VLO) is anticipated to report earnings of 32.98% per share for next year, according to research brokerages covering the stock. It has underperformed by 1.41% the S&P500.

(VLO) by 8.23% based on its latest 2017Q3 regulatory filing with the SEC. The firm owned 39,347,967 shares of the company's stock after buying an additional 49,957 shares during the period. The institutional investor held 688,618 shares of the major banks company at the end of 2017Q3, valued at $37.98M, down from 700,883 at the end of the previous reported quarter. Shayne & Co who had been investing in Wells Fargo Co New for a number of months, seems to be bullish on the $306.58 billion market cap company. The stock decreased 0.04% or $0.07 during the last trading session, reaching $187.77. It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.09, from 1.05 in 2017Q2. Farmers And Merchants Invests Incorporated holds 0% or 286 shares in its portfolio. 72 funds opened positions while 218 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Caisse DE Depot ET Placement DU Quebec now owns 366,000 shares of the oil and gas company's stock worth $28,275,000 after acquiring an additional 7,200 shares during the period. D E Shaw accumulated 125,240 shares. Mitsubishi Ufj Banking Corp invested in 1.05M shares. It also upped Ishares Tr (Call) (EFA) stake by 15,787 shares and now owns 801,000 shares. Plante Moran Finance Advsr Limited Company invested in 0.02% or 455 shares. (NASDAQ:PACB). Swiss Retail Bank invested 0% of its portfolio in Pacific Biosciences of California, Inc. Foster Motley accumulated 1,667 shares. (NASDAQ:EA). Sumitomo Life Insur Com reported 29,466 shares. Nationwide Fund reported 54,403 shares.

Currently, 10.80% of Mastercard Incorporated (NYSE:MA) are owned by insiders with 78.60% six-month change in the insider ownership. Ahl Partners Llp holds 0.02% in United Parcel Service, Inc. Hirtle Callaghan And Lc owns 0% invested in Valero Energy Corporation (NYSE:VLO) for 540 shares. Therefore 38% are positive. Cowen increased their price objective on Valero Energy from $70.00 to $90.00 and gave the stock an outperform rating in a report on Thursday, September 28th. The stock has "Hold" rating by J.P. Morgan on Friday, October 6. The company has a consensus rating of "Hold" and an average target price of $81.41. The firm has "Neutral" rating by JP Morgan given on Friday, October 6. (NYSE VLO) opened at $94.55 on Friday. The stock has "Hold" rating by Standpoint Research on Thursday, November 16. The company was maintained on Thursday, November 3 by Cantor Fitzgerald. The insider LINZNER JOEL sold $478,212. (NYSE:UPS) to report earnings on January, 30. They expect $1.26 earnings per share, up 55.56% or $0.45 from last year's $0.81 per share. VLO's profit will be $551.39 million for 19.18 P/E if the $1.26 EPS becomes a reality. 281.04 million shares or 1.59% less from 285.59 million shares in 2017Q2 were reported.

Several other institutional investors have also sold shares of the company. Therefore 31% are positive.

The average Wall Street analyst rating for Valero Energy Corporation is Hold, according to the average of 17 analyst scores.

Taking a look at insider trading at Valero Energy Corporation (NYSE:VLO) can give useful insight into how the stock is performing. The rating was maintained by Barclays Capital with "Overweight" on Wednesday, February 1. (NASDAQ:EA) rating on Friday, September 23. As per Monday, August 22, the company rating was maintained by Piper Jaffray. The rating was maintained by Jefferies on Wednesday, August 23 with "Buy". The company was maintained on Tuesday, January 26 by Credit Suisse. On Wednesday, December 6 the stock rating was downgraded by Bank of America to "Sell". RBC Capital Markets maintained Valero Energy Corporation (NYSE:VLO) on Thursday, July 20 with "Buy" rating.

Moody National Bank Trust Division, which manages about $2.04 billion US Long portfolio, decreased its stake in Prudential Finl Inc (NYSE:PRU) by 5,475 shares to 17,865 shares, valued at $1.90 million in 2017Q3, according to the filing. It also reduced its holding in Priceline Grp Inc (NASDAQ:PCLN) by 430 shares in the quarter, leaving it with 3,740 shares, and cut its stake in Dover Corp (NYSE:DOV).

Since September 6, 2017, it had 0 buys, and 5 sales for $27.57 million activity. Credit Suisse downgraded it to "Neutral" rating and $68 target in Monday, April 11 report.

Investors sentiment decreased to 0.73 in Q3 2017. It dived, as 46 investors sold VLO shares while 310 reduced holdings. Investors of record on Tuesday, November 21st were issued a dividend of $0.70 per share. Guinness Asset Mgmt Limited accumulated 155,247 shares. Retirement Of Alabama has 214,275 shares for 0.09% of their portfolio. Churchill Mgmt Corporation invested 0.45% in Valero Energy Corporation (NYSE:VLO). Raymond James & Assoc reported 0.15% of its portfolio in Valero Energy Corporation (NYSE:VLO). Investec Asset Mgmt Ltd owns 3.65M shares for 1.23% of their portfolio. 53,012 Valero Energy Corporation (NYSE:VLO) shares with value of $3.86 million were sold by CISKOWSKI MICHAEL S. Millennium Mngmt Lc has 575,183 shares for 0.07% of their portfolio. Synovus invested in 0.02% or 15,175 shares. State Common Retirement Fund has 1.39 million shares. Glenmede Na owns 784,335 shares or 0.26% of their USA portfolio. Ameritas Inv Prtnrs reported 18,983 shares. Lsv Asset Management holds 9.23 million shares or 1.17% of its portfolio. Commonwealth Equity Ser invested in 0.04% or 95,597 shares.

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