Valero Energy (NYSE: VLO) has problems? Standpoint Research Issues Downgrade.



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November 26, 2017 – By Linda Rogers

   Do you have problems with Valero Energy (NYSE: VLO)? The investment of Standpoint Research Issues.

Investor confidence increased to 1.19 in Q2 of 2017. It rose 0.06, from 1.13 in 2017Q1. It improved, since 50 investors sold shares of Valero Energy Corporation while 274 reduced their holdings. 74 funds opened positions, while 311 increased positions. 345.06 million shares or 1.22% more than 340.91 million shares in 2017Q1.

Fruth Investment Mngmt owns 0.79% or 25,050 shares in its portfolio. Acadian Asset Mngmt Ltd Liability Com invested in 0.01% or 43,851 shares. Pictet Asset Mngmt Limited owns 292,729 shares. Argent has 0.18% invested in Valero Energy Corporation (NYSE: VLO). Hillsdale management owns 870 shares. Mitsubishi Ufj Trust And Banking invested 0.14% of its portfolio in Valero Energy Corporation (NYSE: VLO). Lpl Ltd Llc owns 0.03% or 106,389 shares. In addition, Captrust Advsr has 0.15% invested in Valero Energy Corporation (NYSE: VLO) for 26,381 shares. Pitcairn owns 57,342 shares or 0.46% of its portfolio. Eqis Capital Mngmt Incorporated has a 0.1% stake in Valero Energy Corporation (NYSE: VLO). Citigroup reported 546,877 shares or 0.03% of all its holdings. Foster And Motley Inc, based in Ohio, has invested 0.69% in Valero Energy Corporation (NYSE: VLO). In addition, Teachers Insur & Annuity Association of America has a 0.24% stake in Valero Energy Corporation (NYSE: VLO) for 100,600 shares. North Star Inv Mngmt Corporation reported a 0% stake. Provise Management Limited Com owns 0.45% or 43,715 shares.

Valero Energy (NYSE: VLO) receives a Downgrade

The equity rating of Valero Energy (NYSE: VLO) rating was reduced by research badysts at Standpoint Research since the previous rating of "Buy" to a "Hold" rating on a research note sent to clients and investors on Thursday morning.

Investor confidence increased to 1.19 in 2Q 2017. Its rise is 0.06, from 1.13 in 2017Q1. It improved, since 50 investors sold shares of Valero Energy Corporation while 274 reduced their holdings. 74 funds opened positions, while 311 increased positions. 345.06 million shares or 1.22% more than 340.91 million shares in 2017Q1 were reported.

Fruth Investment Mngmt holds 0.79% or 25,050 shares in its portfolio. Acadian Asset Mngmt Ltd Liability Com invested in 0.01% or 43,851 shares. Pictet Asset Mngmt Limited owns 292,729 shares. Argent has 0.18% invested in Valero Energy Corporation (NYSE: VLO). Hillsdale management owns 870 shares. Mitsubishi Ufj Trust And Banking invested 0.14% of its portfolio in Valero Energy Corporation (NYSE: VLO). Lpl Ltd Llc has a 0.03% stake or 106,389 shares. In addition, Captrust Advsr has 0.15% invested in Valero Energy Corporation (NYSE: VLO) for 26,381 shares. Pitcairn owns 57,342 shares or 0.46% of its portfolio. Eqis Capital Mngmt Incorporated has a 0.1% stake in Valero Energy Corporation (NYSE: VLO). Citigroup reported 546,877 shares or 0.03% of all its holdings. Foster And Motley Inc, based in Ohio, has invested 0.69% in Valero Energy Corporation (NYSE: VLO). In addition, Teachers Insur & Annuity Association of America has a 0.24% stake in Valero Energy Corporation (NYSE: VLO) for 100,600 shares. North Star Inv Mngmt Corporation reported a 0% stake. Provise Management Limited Com owns 0.45% or 43,715 shares.

Ratings Coverage of Valero Energy Corporation (NYSE: VLO)

Among 22 badysts covering Valero Energy Corporation (NYSE: VLO), 10 are Buy, 0 Sell and 12 Hold. Therefore, 45% is positive. Valero Energy Corporation has a higher target of $ 108 and a lower target of $ 54. The average target of $ 78.34 is -4.75% below the current $ 82.25 stock price. Valero Energy Corporation had 60 badyst reports from July 24, 2015 in accordance with SRatingsIntel. The stock has a "Neutral" rating by Macquarie Research on Tuesday, October 24. Cowen & Co maintained Valero Energy Corporation (NYSE: VLO) on Thursday, September 28 with an "Outperform" rating. The shares of Valero Energy Corporation (NYSE: VLO) have a "Neutral" rating granted on Friday, May 26 by Piper Jaffray. The rating was maintained by UBS on Wednesday, November 15 with "Neutral". The firm has a "Buy" rating granted by Jefferies on Thursday, July 27. Cowen & Co maintained the "Buy" rating in the report on Thursday, July 27. On Friday, July 24, Macquarie Research began the rating of the shares with "Outperform". The company was maintained on Thursday, July 20 by RBC Capital Markets. The company was demoted Monday, April 11 by Credit Suisse. Jefferies initiated the rating of Valero Energy Corporation (NYSE: VLO) on Tuesday, August 23. Jefferies has a "Purchase" rating and a goal of $ 66.

The stock declined 0.12% or $ 0.1 on November 24, reaching $ 82.25. Around 1.62 million shares traded. Valero Energy Corporation (NYSE: VLO) has risen 15.29% since November 26, 2016 and is trending upward. It has underperformed 1.41% of the S & P500.

Analysts expect Valero Energy Corporation (NYSE: VLO) to report earnings on January 30. They expect $ 1.24 EPS, an increase of 53.09% or $ 0.43 last year $ 0.81 per share. VLO earnings will be $ 547.71M for 16.58 P / E if EPS of $ 1.24 becomes a reality. After $ 1.91 of EPS reported by Valero Energy Corporation for the previous quarter, Wall Street now forecasts a negative EPS growth of -35.08%.

Valero Energy Corporation is an independent producer of oil and ethanol refineries. The company has a market capitalization of $ 36.33 billion. The company's divisions include refining, ethanol and Valero Energy Partners LP (VLP). It has a P / E ratio of 17.85. The refining segment includes its refining activities and the badociated marketing activities.

The latest notable news from Valero Energy Corporation (NYSE: VLO) was published by: Globenewswire.com, which published: "Valero Energy Corporation declares dividend in ordinary cash in ordinary shares" on November 1, 2017, also Globenewswire .com with your article: "Diamond Green Diesel initiates the engineering review for the expansion proposed to …" published on November 7, 2017, Bizjournals.com published: "Valero seeks to double production at" green diesel "refinery in Louisiana "on November 8, 2017. More interesting news about Valero Energy Corporation (NYSE: VLO) was released by: Seekingalpha.com and its article:" The Real Risk For Valero "published on November 21, 2017, as well as Bizjournals the .com news article entitled: "Valero donates $ 8.4 million to the SAISD Pipeline to College Success Program" with publication date: November 9, 2017.

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