RD Lewis Holdings Inc. bought a new position in Valero Energy Co. (NYSE:VLO - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,291 shares of the oil and gas company's stock, valued at approximately $305,000.
A number of other institutional investors have also bought and sold shares of VLO. Asset Management One Co. Ltd. raised its position in shares of Valero Energy by 0.4% during the 4th 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 period. Kieckhefer Group LLC purchased a new stake in shares of Valero Energy during the 4th quarter valued at approximately $1,226,000. Hudson Capital Management LLC raised its position in shares of Valero Energy by 6.5% during the 4th 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 during the period. Miracle Mile Advisors LLC purchased a new stake in shares of Valero Energy during the 4th quarter valued at approximately $274,000. Finally, Captrust Financial Advisors raised its position in shares of Valero Energy by 7.5% during the 3rd quarter. Captrust Financial Advisors now owns 89,762 shares of the oil and gas company's stock valued at $12,121,000 after buying an additional 6,278 shares during the period. 78.69% of the stock is owned by hedge funds and other institutional investors.
Valero Energy Stock Down 2.5 %
NYSE:VLO traded down $3.41 during trading hours on Friday, hitting $131.42. The company's stock had a trading volume of 6,736,251 shares, compared to its average volume of 2,768,589. The stock has a market capitalization of $41.39 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 2.93 and a beta of 1.36. The stock has a fifty day moving average of $133.96 and a 200-day moving average of $133.48. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. Valero Energy Co. has a 52-week low of $116.84 and a 52-week high of $184.79.
Valero Energy (NYSE:VLO - Get Free Report) last posted its earnings results on Thursday, January 30th. The oil and gas company reported $0.64 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%. On average, equities analysts forecast that Valero Energy Co. will post 7.92 earnings per share for the current year.
Valero Energy Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th were paid a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 3.44%. The ex-dividend date was Thursday, January 30th. This is an increase from Valero Energy's previous quarterly dividend of $1.07. Valero Energy's dividend payout ratio is currently 53.30%.
Analyst Ratings Changes
Several analysts recently weighed in on the stock. Mizuho dropped their target price on shares of Valero Energy from $165.00 to $158.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company dropped their target price on shares of Valero Energy from $160.00 to $159.00 and set an "overweight" rating for the company in a report on Friday, January 31st. Piper Sandler dropped their target price on shares of Valero Energy from $149.00 to $144.00 and set an "overweight" rating for the company in a report on Friday, March 7th. Finally, Tudor Pickering upgraded shares of Valero Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Valero Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of $156.08.
Check Out Our Latest Analysis on Valero Energy
About Valero Energy
(
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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