Heritage Trust Co acquired a new position in Valero Energy Co. (NYSE:VLO - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 10,152 shares of the oil and gas company's stock, valued at approximately $1,245,000.
Several other large investors also recently bought and sold shares of the company. Summit Financial Wealth Advisors LLC raised its holdings in Valero Energy by 1.2% in the 4th quarter. Summit Financial Wealth Advisors LLC now owns 86,863 shares of the oil and gas company's stock valued at $11,829,000 after acquiring an additional 1,071 shares during the last quarter. Scotia Capital Inc. lifted its position in Valero Energy by 3.0% during the fourth quarter. Scotia Capital Inc. now owns 21,295 shares of the oil and gas company's stock worth $2,611,000 after buying an additional 626 shares in the last quarter. Bessemer Group Inc. grew its holdings in Valero Energy by 18.9% in the 4th quarter. Bessemer Group Inc. now owns 20,106 shares of the oil and gas company's stock valued at $2,465,000 after buying an additional 3,200 shares in the last quarter. DRW Securities LLC acquired a new position in shares of Valero Energy during the 4th quarter valued at about $1,492,000. Finally, Texas Yale Capital Corp. increased its position in Valero Energy by 18.2% during the fourth quarter. Texas Yale Capital Corp. now owns 55,078 shares of the oil and gas company's stock worth $6,752,000 after purchasing an additional 8,500 shares during the last quarter. 78.69% of the stock is currently owned by hedge funds and other institutional investors.
Valero Energy Stock Down 2.5 %
Valero Energy stock traded down $2.79 during mid-day trading on Tuesday, reaching $107.54. 3,106,437 shares of the company's stock were exchanged, compared to its average volume of 2,982,163. The company has a fifty day moving average of $127.39 and a 200-day moving average of $131.52. The company has a market cap of $33.87 billion, a P/E ratio of 12.68, a P/E/G ratio of 2.93 and a beta of 1.17. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35. Valero Energy Co. has a twelve month low of $99.00 and a twelve month high of $171.23.
Valero Energy (NYSE:VLO - Get Free Report) last released its earnings results on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.50. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. Sell-side analysts expect that Valero Energy Co. will post 7.92 EPS for the current year.
Valero Energy Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, January 30th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.20%. This is a positive change from Valero Energy's previous quarterly dividend of $1.07. The ex-dividend date was Thursday, January 30th. Valero Energy's dividend payout ratio is presently 53.30%.
Analyst Ratings Changes
VLO has been the topic of several recent analyst reports. Scotiabank decreased their target price on shares of Valero Energy from $156.00 to $136.00 and set a "sector outperform" rating on the stock in a report on Friday. Mizuho lowered their price objective 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. Tudor Pickering upgraded Valero Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. Wells Fargo & Company lowered their price target on Valero Energy from $160.00 to $159.00 and set an "overweight" rating for the company in a report on Friday, January 31st. Finally, Raymond James reduced their price objective 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 analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Valero Energy currently has an average rating of "Moderate Buy" and a consensus price target of $152.46.
View Our Latest Stock Analysis on Valero Energy
Valero Energy Profile
(
Free Report)
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.
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