Mirabella Financial Services LLP Takes Position in Valero Energy Co. (NYSE:VLO)

Mirabella Financial Services LLP acquired a new position in shares of Valero Energy Co. (NYSE:VLO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,515 shares of the oil and gas company's stock, valued at approximately $1,288,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Asset Management One Co. Ltd. raised its position in shares of Valero Energy by 0.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 123,356 shares of the oil and gas company's stock worth $14,751,000 after purchasing an additional 455 shares during the period. Kieckhefer Group LLC acquired a new stake in Valero Energy during the 4th quarter worth approximately $1,226,000. Hudson Capital Management LLC lifted its stake in Valero Energy by 6.5% in the fourth quarter. Hudson Capital Management LLC now owns 31,792 shares of the oil and gas company's stock valued at $3,897,000 after buying an additional 1,937 shares in the last quarter. Miracle Mile Advisors LLC acquired a new position in shares of Valero Energy in the fourth quarter valued at approximately $274,000. Finally, Patten Group Inc. bought a new stake in shares of Valero Energy during the fourth quarter worth $277,000. 78.69% of the stock is currently owned by institutional investors.

Valero Energy Stock Up 2.7 %

Shares of VLO stock opened at $109.98 on Monday. Valero Energy Co. has a 52-week low of $99.00 and a 52-week high of $168.85. The stock has a market cap of $34.64 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 2.93 and a beta of 1.17. The firm's 50-day moving average is $125.26 and its 200-day moving average is $130.70. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.57.

Valero Energy (NYSE:VLO - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate 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 predict that Valero Energy Co. will post 7.92 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Mizuho reduced their target price on shares of Valero Energy from $165.00 to $158.00 and set an "outperform" rating for the company in a research note on Wednesday, January 8th. Wells Fargo & Company reduced their price objective on Valero Energy from $160.00 to $159.00 and set an "overweight" rating for the company in a research report on Friday, January 31st. Tudor Pickering upgraded Valero Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Scotiabank reduced their price target on Valero Energy from $156.00 to $136.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. Finally, Piper Sandler lowered their price objective on shares of Valero Energy from $149.00 to $144.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $152.46.

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.

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