Paradigm Asset Management Co LLC Cut Its Valero Energy New (VLO) Stake by $1.49 Billion

March 14, 2018 - By Henry Gaston

Investors sentiment decreased to 1 in Q3 2017. Its down 0.19, from 1.19 in 2017Q2. It fall, as 46 investors sold VLO shares while 310 reduced holdings. 97 funds opened positions while 258 raised stakes. 342.98 million shares or 0.60% less from 345.06 million shares in 2017Q2 were reported. Balasa Dinverno Foltz Limited Liability has 17,443 shares. Hermes Investment Mngmt Ltd reported 5,900 shares. Amer Bankshares holds 52,296 shares or 1.2% of its portfolio. Skba Capital Ltd Liability Corp holds 2.14% or 193,400 shares in its portfolio. Legal And General Gp Public Limited Com has 2.82 million shares for 0.16% of their portfolio. Stevens Cap Mgmt Lp accumulated 155,880 shares. Moreover, Mirae Asset Invs has 0.06% invested in Valero Energy Corporation (NYSE:VLO). Oakworth Cap stated it has 0% of its portfolio in Valero Energy Corporation (NYSE:VLO). 51,230 are held by Amalgamated Bancorp. Cullen Frost Bankers Incorporated reported 278,858 shares. Capital Fund Mngmt holds 38,353 shares or 0.02% of its portfolio. Argyle Mgmt reported 12,921 shares stake. U S Glob reported 6,755 shares. Us National Bank De reported 0.07% of its portfolio in Valero Energy Corporation (NYSE:VLO). Sentinel Tru Lba owns 88,142 shares.

Since September 19, 2017, it had 0 insider buys, and 4 selling transactions for $27.47 million activity. Shares for $49,764 were sold by Waters Stephen M on Thursday, September 28.

Paradigm Asset Management Co Llc decreased its stake in Valero Energy New (VLO) by 26.05% based on its latest 2017Q3 regulatory filing with the SEC. Paradigm Asset Management Co Llc sold 19,350 shares as the company’s stock declined 2.47% while stock markets rallied. The institutional investor held 54,920 shares of the integrated oil company at the end of 2017Q3, valued at $4.22B, down from 74,270 at the end of the previous reported quarter. Paradigm Asset Management Co Llc who had been investing in Valero Energy New for a number of months, seems to be less bullish one the $40.24B market cap company. The stock decreased 0.64% or $0.6 during the last trading session, reaching $92.89. About 1.43M shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since March 14, 2017 and is uptrending. It has underperformed by 1.41% the S&P500.

Paradigm Asset Management Co Llc, which manages about $386.05 billion US Long portfolio, upped its stake in Grupo Televisa Sa (NYSE:TV) by 5,000 shares to 11,100 shares, valued at $273.84M in 2017Q3, according to the filing. It also increased its holding in Fomento Economico Mex (NYSE:FMX) by 2,000 shares in the quarter, for a total of 4,150 shares, and has risen its stake in Series.

Analysts await Valero Energy Corporation (NYSE:VLO) to report earnings on April, 24. They expect $1.31 earnings per share, up 92.65 % or $0.63 from last year’s $0.68 per share. VLO’s profit will be $567.46 million for 17.73 P/E if the $1.31 EPS becomes a reality. After $1.16 actual earnings per share reported by Valero Energy Corporation for the previous quarter, Wall Street now forecasts 12.93 % EPS growth.

More recent Valero Energy Corporation (NYSE:VLO) news were published by: which released: “Pre-Market Technical Scan on Oil & Gas Equities — Ultrapar Participacoes …” on March 14, 2018. Also published the news titled: “Valero to Purchase SemLogistics Milford Haven Fuel Storage Facility” on February 23, 2018.‘s news article titled: “Valero Energy plans $131 million pension contribution for 2018” with publication date: March 01, 2018 was also an interesting one.

Valero Energy Corporation (NYSE:VLO) Ratings Coverage

Among 22 analysts covering Valero Energy Corporation (NYSE:VLO), 11 have Buy rating, 0 Sell and 11 Hold. Therefore 50% are positive. Valero Energy Corporation had 73 analyst reports since July 24, 2015 according to SRatingsIntel. Argus Research upgraded the stock to “Buy” rating in Wednesday, December 16 report. As per Tuesday, November 14, the company rating was maintained by Barclays Capital. The rating was downgraded by Tudor Pickering to “Hold” on Monday, May 16. The firm has “Outperform” rating given on Saturday, September 5 by Oppenheimer. On Sunday, January 21 the stock rating was maintained by Piper Jaffray with “Hold”. The firm has “Overweight” rating given on Wednesday, February 1 by Barclays Capital. As per Friday, February 3, the company rating was maintained by Mizuho. The stock of Valero Energy Corporation (NYSE:VLO) earned “Outperform” rating by Cowen & Co on Thursday, September 28. The stock of Valero Energy Corporation (NYSE:VLO) earned “Neutral” rating by JP Morgan on Friday, October 6. The firm has “Hold” rating given on Thursday, September 28 by Piper Jaffray.

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