Valero Energy Co. (NYSE:VLO) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. decreased its position in Valero Energy Co. (NYSE:VLO - Free Report) by 8.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,789 shares of the oil and gas company's stock after selling 9,969 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Valero Energy were worth $12,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. New Wave Wealth Advisors LLC acquired a new position in Valero Energy during the fourth quarter valued at $25,000. Tobam acquired a new position in shares of Valero Energy in the 4th quarter valued at about $30,000. OFI Invest Asset Management purchased a new stake in shares of Valero Energy in the fourth quarter worth about $37,000. Golden State Wealth Management LLC purchased a new position in Valero Energy during the fourth quarter valued at approximately $38,000. Finally, Creative Capital Management Investments LLC lifted its holdings in Valero Energy by 122.0% in the fourth quarter. Creative Capital Management Investments LLC now owns 333 shares of the oil and gas company's stock valued at $41,000 after acquiring an additional 183 shares during the period. Institutional investors and hedge funds own 78.69% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Mizuho decreased their price objective on shares of Valero Energy from $165.00 to $158.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Wells Fargo & Company lowered their price objective on Valero Energy from $160.00 to $159.00 and set an "overweight" rating on the stock in a report on Friday, January 31st. Raymond James reduced their target price on Valero Energy from $165.00 to $155.00 and set a "strong-buy" rating for the company in a report on Wednesday, April 9th. UBS Group lowered their price target on Valero Energy from $160.00 to $150.00 and set a "buy" rating on the stock in a research note on Monday. Finally, Morgan Stanley lowered their price target on shares of Valero Energy from $160.00 to $145.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Four analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $149.80.

Valero Energy Stock Up 0.7 %

VLO stock traded up $0.82 during trading on Tuesday, hitting $115.57. 1,385,449 shares of the company's stock were exchanged, compared to its average volume of 3,004,381. The stock has a market capitalization of $36.40 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 2.93 and a beta of 1.17. Valero Energy Co. has a 52-week low of $99.00 and a 52-week high of $168.85. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $122.65 and a two-hundred day moving average price of $129.52.

Valero Energy (NYSE:VLO - Get Free Report) last issued its earnings results on Thursday, April 24th. The oil and gas company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.27). Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. The company had revenue of $28.76 billion during the quarter, compared to analyst estimates of $28.54 billion. During the same quarter in the previous year, the company posted $3.82 EPS. The company's quarterly revenue was down 4.7% on a year-over-year basis. As a group, equities research analysts expect that Valero Energy Co. will post 7.92 EPS for the current year.

About Valero Energy

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.