Munich Reinsurance Co Stock Corp in Munich Has $123,000 Stake in Valero Energy Corporation $VLO

Munich Reinsurance Co. significantly reduced its stake in Valero Energy Corporation by 85.8% in Q2, selling 2,858 shares and retaining 473 shares valued at $123,000. Despite this reduction, Valero reported strong quarterly earnings, exceeding analyst expectations with EPS of $12.54 and revenue of $44.48 billion, alongside a $1.20 quarterly dividend. Analysts maintain a "Moderate Buy" rating for VLO, with institutional investors holding 78.69% of shares.