As Valero Energy Corp (VLO) Stock Value Rose, Cincinnati Insurance Company Boosted Its Holding

July 14, 2018 - By Elizabeth Bryant

Valero Energy Corporation (NYSE:VLO) LogoInvestors sentiment decreased to 0.89 in Q1 2018. Its down 0.09, from 0.98 in 2017Q4. It turned negative, as 49 investors sold VLO shares while 351 reduced holdings. 91 funds opened positions while 264 raised stakes. 321.31 million shares or 3.15% less from 331.76 million shares in 2017Q4 were reported. Invesco reported 2.43M shares. Jacobs Levy Equity has invested 0.5% in Valero Energy Corporation (NYSE:VLO). Putnam Fl Inv Mgmt stated it has 23,166 shares. Edgestream Prtnrs LP holds 0.19% in Valero Energy Corporation (NYSE:VLO) or 10,272 shares. British Columbia Investment Corporation invested in 301,094 shares or 0.21% of the stock. Segment Wealth Mngmt has 20,784 shares for 0.48% of their portfolio. Com Fincl Bank reported 24,464 shares. Mitsubishi Ufj & Bk Corporation reported 1.02M shares or 0.17% of all its holdings. Patten Gp reported 300 shares. Chevy Chase Holdings holds 367,665 shares or 0.15% of its portfolio. Dimensional Fund Advsr Lp has 5.65 million shares for 0.22% of their portfolio. Morgan Stanley has invested 0.09% in Valero Energy Corporation (NYSE:VLO). Eqis Capital Management Inc has invested 0.19% in Valero Energy Corporation (NYSE:VLO). Rothschild Asset reported 0% of its portfolio in Valero Energy Corporation (NYSE:VLO). Confluence Wealth Management Lc invested in 0.57% or 11,981 shares.

Since May 21, 2018, it had 0 buys, and 2 sales for $10.49 million activity. Shares for $10.36M were sold by Gorder Joseph W.

Cincinnati Insurance Company increased its stake in Valero Energy Corp (VLO) by 13.77% based on its latest 2018Q1 regulatory filing with the SEC. Cincinnati Insurance Company bought 38,210 shares as the company’s stock rose 27.24% while stock markets declined. The institutional investor held 315,738 shares of the integrated oil company at the end of 2018Q1, valued at $29.29 million, up from 277,528 at the end of the previous reported quarter. Cincinnati Insurance Company who had been investing in Valero Energy Corp for a number of months, seems to be bullish on the $46.26B market cap company. The stock increased 0.52% or $0.55 during the last trading session, reaching $107.34. About 2.50 million shares traded. Valero Energy Corporation (NYSE:VLO) has risen 87.89% since July 14, 2017 and is uptrending. It has outperformed by 75.32% the S&P500.

More recent Valero Energy Corporation (NYSE:VLO) news were published by: Fool.com which released: “3 Dividend Stocks That Put More Money in Your Pocket Each Quarter” on July 11, 2018. Also Fool.com published the news titled: “Why HollyFrontier Corporation (HFC) Dropped 11.3% in June” on July 13, 2018. Seekingalpha.com‘s news article titled: “Valero Profitably Juggles Complex Refining Factors” with publication date: June 22, 2018 was also an interesting one.

Valero Energy Corporation (NYSE:VLO) Ratings Coverage

Among 16 analysts covering Valero Energy Corp (NYSE:VLO), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Valero Energy Corp has $146 highest and $92.0 lowest target. $112.75’s average target is 5.04% above currents $107.34 stock price. Valero Energy Corp had 23 analyst reports since January 21, 2018 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Tuesday, April 24. JP Morgan maintained it with “Neutral” rating and $104 target in Monday, April 9 report. The rating was maintained by Jefferies on Wednesday, January 24 with “Hold”. Deutsche Bank maintained Valero Energy Corporation (NYSE:VLO) on Monday, March 19 with “Hold” rating. The stock of Valero Energy Corporation (NYSE:VLO) earned “Sector Perform” rating by Howard Weil on Wednesday, April 11. As per Friday, April 27, the company rating was maintained by Barclays Capital. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, April 16 report. The firm earned “Neutral” rating on Monday, April 30 by Credit Suisse. The rating was upgraded by Edward Jones to “Buy” on Thursday, May 10. The rating was maintained by Bank of America on Wednesday, January 24 with “Buy”.

Valero Energy Corporation (NYSE:VLO) Ratings Chart

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