Valero Energy Co. (NYSE:VLO) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP reduced its stake in shares of Valero Energy Co. (NYSE:VLO - Free Report) by 90.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,460 shares of the oil and gas company's stock after selling 44,220 shares during the quarter. Quantbot Technologies LP's holdings in Valero Energy were worth $547,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. New Wave Wealth Advisors LLC purchased a new stake in shares of Valero Energy during the 4th quarter worth about $25,000. Tobam purchased a new position in Valero Energy during the fourth quarter worth approximately $30,000. True Wealth Design LLC grew its holdings in Valero Energy by 196.8% in the third quarter. True Wealth Design LLC now owns 276 shares of the oil and gas company's stock valued at $37,000 after purchasing an additional 183 shares during the period. OFI Invest Asset Management purchased a new stake in shares of Valero Energy in the fourth quarter valued at approximately $37,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Valero Energy during the 4th quarter worth approximately $38,000. 78.69% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VLO. Piper Sandler dropped their target price on shares of Valero Energy from $149.00 to $144.00 and set an "overweight" rating on the stock in a research report on Friday, March 7th. Wells Fargo & Company decreased 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 note 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. Finally, Mizuho lowered their price target on Valero Energy from $165.00 to $158.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Valero Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of $152.67.

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Valero Energy Trading Up 1.2 %

Shares of NYSE VLO traded up $1.58 during trading on Tuesday, hitting $133.65. 2,366,422 shares of the company were exchanged, compared to its average volume of 2,884,540. The company has a fifty day moving average price of $133.19 and a 200-day moving average price of $133.30. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.57. The firm has a market capitalization of $42.10 billion, a PE ratio of 15.76, a P/E/G ratio of 2.93 and a beta of 1.36. Valero Energy Co. has a 12-month low of $116.84 and a 12-month high of $184.79.

Valero Energy (NYSE:VLO - Get Free Report) last issued its earnings results on Thursday, January 30th. The oil and gas company reported $0.64 EPS 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%. As a group, equities research analysts expect that Valero Energy Co. will post 7.92 EPS for the current year.

Valero Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th were paid a dividend of $1.13 per share. This is a boost from Valero Energy's previous quarterly dividend of $1.07. The ex-dividend date was Thursday, January 30th. This represents a $4.52 annualized dividend and a yield of 3.38%. Valero Energy's dividend payout ratio (DPR) is 53.30%.

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.