Valero Energy Co. (NYSE:VLO) Holdings Raised by Sei Investments Co.

Sei Investments Co. lifted its position in shares of Valero Energy Co. (NYSE:VLO - Free Report) by 6.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 219,606 shares of the oil and gas company's stock after purchasing an additional 12,425 shares during the period. Sei Investments Co. owned about 0.07% of Valero Energy worth $26,924,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Asset Management One Co. Ltd. lifted its holdings in Valero Energy by 0.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 123,356 shares of the oil and gas company's stock worth $14,751,000 after buying an additional 455 shares in the last quarter. Kieckhefer Group LLC acquired a new position in shares of Valero Energy in the 4th quarter valued at approximately $1,226,000. Hudson Capital Management LLC boosted its stake 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 last quarter. Miracle Mile Advisors LLC acquired a new stake in shares of Valero Energy during the fourth quarter worth approximately $274,000. Finally, Captrust Financial Advisors increased its stake in shares of Valero Energy by 7.5% in the third quarter. Captrust Financial Advisors now owns 89,762 shares of the oil and gas company's stock worth $12,121,000 after buying an additional 6,278 shares during the last quarter. 78.69% of the stock is currently owned by hedge funds and other institutional investors.

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Valero Energy Stock Performance

VLO traded down $1.64 during trading hours on Friday, hitting $131.59. The company's stock had a trading volume of 788,151 shares, compared to its average volume of 2,884,010. The company has a 50-day simple moving average of $133.68 and a 200 day simple moving average of $133.35. 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 firm has a market capitalization of $41.45 billion, a PE ratio of 15.52, a PEG ratio of 2.93 and a beta of 1.36. Valero Energy Co. has a fifty-two week low of $116.84 and a fifty-two week high of $184.79.

Valero Energy (NYSE:VLO - Get Free Report) last released 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 net margin of 2.13% and a return on equity of 9.58%. As a group, 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. Shareholders of record on Thursday, January 30th were given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 3.43%. This is an increase 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 53.30%.

Wall Street Analyst Weigh In

A number of research analysts have commented on VLO shares. Piper Sandler reduced their price objective on shares of Valero Energy from $149.00 to $144.00 and set an "overweight" rating on the stock in a research note on Friday, March 7th. Tudor Pickering upgraded Valero Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Wells Fargo & Company dropped their price target on Valero Energy from $160.00 to $159.00 and set an "overweight" rating on the stock in a research report on Friday, January 31st. Finally, Mizuho decreased their price objective 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. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $152.67.

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.