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Banking & Finance

Valero Energy Corporation $VLO Shares Bought by Principal Financial Group Inc.

·15 Aug
Share:PostShare

Principal Financial Group Inc. increased its stake in Valero Energy Corporation by 2.2% in the second quarter, acquiring 7,881 additional shares, bringing its total holdings to 363,212 shares valued at approximately $94.6 million. Institutional investors collectively own 78.69% of VLO. The company holds a "Moderate Buy" consensus rating from analysts, with a target price of $288, despite trading near its 12-month high.

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