26,000 Shares in Valero Energy Co. (NYSE:VLO) Acquired by Arrow Capital Pty Ltd

Arrow Capital Pty Ltd bought a new stake in shares of Valero Energy Co. (NYSE:VLO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 26,000 shares of the oil and gas company's stock, valued at approximately $3,187,000. Valero Energy makes up 2.9% of Arrow Capital Pty Ltd's portfolio, making the stock its 13th biggest position.

A number of other large investors have also modified their holdings of VLO. Asset Management One Co. Ltd. increased its holdings in Valero Energy by 0.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 123,356 shares of the oil and gas company's stock valued at $14,751,000 after buying an additional 455 shares during the last quarter. Kieckhefer Group LLC acquired a new stake in shares of Valero Energy during the 4th quarter valued at approximately $1,226,000. Hudson Capital Management LLC lifted its stake in Valero Energy by 6.5% during the fourth quarter. Hudson Capital Management LLC now owns 31,792 shares of the oil and gas company's stock worth $3,897,000 after purchasing an additional 1,937 shares during the last quarter. Miracle Mile Advisors LLC acquired a new position in Valero Energy in the fourth quarter worth $274,000. Finally, Patten Group Inc. bought a new position in shares of Valero Energy in the 4th quarter worth about $277,000. Institutional investors and hedge funds own 78.69% of the company's stock.

Valero Energy Price Performance

NYSE:VLO traded up $4.11 during mid-day trading on Tuesday, reaching $112.95. 1,074,315 shares of the company were exchanged, compared to its average volume of 2,982,549. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35. The company has a fifty day moving average of $124.82 and a 200 day moving average of $130.47. Valero Energy Co. has a 12 month low of $99.00 and a 12 month high of $168.85. The stock has a market cap of $35.58 billion, a PE ratio of 13.34, a PEG ratio of 2.93 and a beta of 1.17.

Valero Energy (NYSE:VLO - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.50. Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. On average, research analysts anticipate that Valero Energy Co. will post 7.92 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on VLO. Tudor Pickering raised shares of Valero Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Wells Fargo & Company dropped their price target on shares of Valero Energy from $160.00 to $159.00 and set an "overweight" rating on the stock in a research report on Friday, January 31st. Mizuho decreased their price target on Valero Energy from $165.00 to $158.00 and set an "outperform" rating for the company in a research report on Wednesday, January 8th. Piper Sandler dropped their price target on Valero Energy from $149.00 to $144.00 and set an "overweight" rating on the stock in a research report on Friday, March 7th. Finally, Raymond James cut their price target on shares of Valero Energy from $165.00 to $155.00 and set a "strong-buy" rating on the stock in a report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $152.46.

Valero Energy Company Profile

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.