Susquehanna Fundamental Investments LLC Buys New Shares in Valero Energy Co. (NYSE:VLO)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Valero Energy Co. (NYSE:VLO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 151,925 shares of the oil and gas company's stock, valued at approximately $18,624,000.

Several other institutional investors and hedge funds also recently bought and sold shares of VLO. Virtu Financial LLC purchased a new position in shares of Valero Energy during the 3rd quarter worth about $3,249,000. Westside Investment Management Inc. grew its stake in shares of Valero Energy by 18.1% during the third quarter. Westside Investment Management Inc. now owns 679 shares of the oil and gas company's stock valued at $92,000 after buying an additional 104 shares during the last quarter. Anchor Investment Management LLC raised its holdings in shares of Valero Energy by 13.1% in the third quarter. Anchor Investment Management LLC now owns 11,820 shares of the oil and gas company's stock worth $1,596,000 after buying an additional 1,370 shares during the period. World Investment Advisors LLC lifted its stake in shares of Valero Energy by 34.7% during the 3rd quarter. World Investment Advisors LLC now owns 4,245 shares of the oil and gas company's stock worth $573,000 after acquiring an additional 1,093 shares during the last quarter. Finally, Arvest Bank Trust Division bought a new position in Valero Energy in the 3rd quarter valued at $7,609,000. 78.69% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. The Goldman Sachs Group upgraded shares of Valero Energy from a "sell" rating to a "neutral" rating and upped their price target for the stock from $115.00 to $127.00 in a report on Monday. Raymond James reduced their target price on shares of Valero Energy from $165.00 to $155.00 and set a "strong-buy" rating on the stock in a research report on Wednesday, April 9th. Morgan Stanley reduced their price objective on Valero Energy from $160.00 to $145.00 and set an "overweight" rating on the stock in a report on Thursday. UBS Group lowered their target price on Valero Energy from $160.00 to $150.00 and set a "buy" rating for the company in a report on Monday. Finally, Scotiabank cut their price target on Valero Energy from $156.00 to $136.00 and set a "sector outperform" rating on the stock in a research note on Friday, April 11th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $149.80.

Valero Energy Stock Up 0.8 %

Shares of VLO stock traded up $0.88 during trading hours on Monday, reaching $114.75. 2,600,493 shares of the company's stock were exchanged, compared to its average volume of 3,010,825. 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 company has a market cap of $36.14 billion, a price-to-earnings ratio of 13.53, a P/E/G ratio of 2.93 and a beta of 1.17. Valero Energy Co. has a fifty-two week low of $99.00 and a fifty-two week high of $168.85. The stock's 50 day moving average is $122.65 and its 200-day moving average is $129.52.

Valero Energy (NYSE:VLO - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The oil and gas company reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.16 by ($0.27). Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. The business had revenue of $28.76 billion during the quarter, compared to analysts' expectations of $28.54 billion. During the same quarter last year, the business posted $3.82 earnings per share. The company's quarterly revenue was down 4.7% compared to the same quarter last year. Analysts predict that Valero Energy Co. will post 7.92 earnings per share for the current fiscal year.

Valero Energy Profile

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.