Short Interest Summary: Valero Energy Corporation (NYSE:VLO) Reports Increase in Sellers; Strong Momentum for Short Players

November 21, 2016 - By Vivian Park   ·   0 Comments

Short Interest Summary: Valero Energy Corporation (NYSE:VLO) Reports Increase in Sellers; Strong Momentum for Short Players

The stock of Valero Energy Corporation (NYSE:VLO) registered an increase of 0.96% in short interest. VLO’s total short interest was 16.99M shares in November as published by FINRA. Its up 0.96% from 16.82 million shares, reported previously. With 5.12 million shares average volume, it will take short sellers 3 days to cover their VLO’s short positions. The short interest to Valero Energy Corporation’s float is 3.69%. The stock decreased 1.06% or $0.68 on November 18, hitting $63.39. Valero Energy Corporation (NYSE:VLO) has risen 5.46% since April 19, 2016 and is uptrending. It has outperformed by 1.60% the S&P500.

Valero Energy Corporation , through Valero Energy Partners LP (VLP), owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. The company has a market cap of $29.07 billion. The Firm operates in two divisions: refining and ethanol. It has a 13.4 P/E ratio. The Company’s refining segment includes refining and marketing activities in the United States, Canada, the United Kingdom, Aruba and Ireland.

Insitutional Activity: The institutional sentiment increased to 1.01 in Q2 2016. Its up 0.03, from 0.98 in 2016Q1. The ratio increased, as 87 funds sold all Valero Energy Corporation shares owned while 287 reduced positions. 72 funds bought stakes while 296 increased positions. They now own 353.74 million shares or 8.81% less from 387.93 million shares in 2016Q1.
Hsbc Public Limited Co holds 0.1% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 691,163 shares. The Missouri-based Crestpoint Capital Ltd has invested 0.56% in Valero Energy Corporation (NYSE:VLO). Magnetar Ltd Liability last reported 0.48% of its portfolio in the stock. Auxier Asset Management reported 72,360 shares or 0.84% of all its holdings. Gyroscope Cap Mngmt Grp Incorporated last reported 64,506 shares in the company. Valley Natl Advisers has 200 shares for 0.01% of their US portfolio. Kanaly Co last reported 0.01% of its portfolio in the stock. The Korea-based Natl Pension Ser has invested 0.15% in Valero Energy Corporation (NYSE:VLO). Credit Agricole S A reported 1.14 million shares or 0.22% of all its holdings. Sun Life Inc owns 11,619 shares or 0.07% of their US portfolio. Spot Trading Ltd Company last reported 0.06% of its portfolio in the stock. New Century Investment has invested 1.27% of its portfolio in Valero Energy Corporation (NYSE:VLO). Mariner Wealth Advsr Limited Liability accumulated 0.07% or 25,571 shares. Ladenburg Thalmann Financial Services accumulated 31,911 shares or 0.03% of the stock. Coastline Trust reported 42,890 shares or 0.44% of all its holdings.

Valero Energy Corporation (NYSE:VLO) Ratings Coverage

Out of 13 analysts covering Valero Energy Corporation (NYSE:VLO), 9 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 69% are positive. $95 is the highest target while $54 is the lowest. The $71.28 average target is 12.45% above today’s ($63.39) stock price. Valero Energy Corporation has been the topic of 26 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Monday, August 3 by Oppenheimer. As per Monday, August 24, the company rating was downgraded by Bank of America. Argus Research upgraded the shares of VLO in a report on Wednesday, December 16 to “Buy” rating. Howard Weil maintained Valero Energy Corporation (NYSE:VLO) rating on Wednesday, October 26. Howard Weil has “Sector Outperform” rating and $62 price target. The firm has “Buy” rating by Jefferies given on Tuesday, August 23. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, July 31 report. The stock of Valero Energy Corporation (NYSE:VLO) earned “Outperform” rating by Macquarie Research on Friday, July 24. RBC Capital Markets maintained Valero Energy Corporation (NYSE:VLO) rating on Friday, January 29. RBC Capital Markets has “Outperform” rating and $73 price target. Vetr downgraded Valero Energy Corporation (NYSE:VLO) on Tuesday, August 11 to “Strong-Buy” rating. As per Wednesday, November 16, the company rating was upgraded by Tudor Pickering.

VLO Company Profile

Valero Energy Corporation (Valero), incorporated on June 8, 1981, through Valero Energy Partners LP (VLP), owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. The Firm operates in two divisions: refining and ethanol. The Company’s refining segment includes refining and marketing activities in the United States, Canada, the United Kingdom, Aruba and Ireland. The Company’s ethanol segment includes ethanol and marketing activities in the United States. VLP’s assets include crude oil and refined petroleum products pipeline and terminal systems in the United States Gulf Coast and the United States Mid-Continent regions. The Company’s refineries can produce conventional gasolines, premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), diesel, low-sulfur diesel, ultra-low-sulfur diesel, CARB diesel, other distillates, jet fuel, asphalt, petrochemicals, lubricants and other refined products. It markets branded and unbranded refined products on a wholesale basis in the United States, Canada, the Caribbean, the United Kingdom and Ireland through a bulk and rack marketing network, and through approximately 7,500 outlets that carry its brand names. It also owns over 10 ethanol plants in the central plains region of the United States that primarily produce ethanol, which it markets on a wholesale basis through a bulk-marketing network.

Another recent and important Valero Energy Corporation (NYSE:VLO) news was published by Nasdaq.com which published an article titled: “Valero Energy Corporation (VLO) Ex-Dividend Date Scheduled for November 18, 2016” on November 17, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Vivian Park


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>