Townsquare Capital LLC lifted its holdings in Valero Energy Co. (NYSE:VLO - Free Report) by 26.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,623 shares of the oil and gas company's stock after purchasing an additional 5,134 shares during the quarter. Townsquare Capital LLC's holdings in Valero Energy were worth $3,019,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. World Investment Advisors grew its holdings in Valero Energy by 1.8% during the fourth quarter. World Investment Advisors now owns 4,323 shares of the oil and gas company's stock worth $530,000 after acquiring an additional 78 shares during the period. Segment Wealth Management LLC lifted its stake in Valero Energy by 1.7% during the fourth quarter. Segment Wealth Management LLC now owns 4,947 shares of the oil and gas company's stock valued at $606,000 after purchasing an additional 81 shares during the last quarter. Silver Coast Investments LLC grew its position in Valero Energy by 1.7% in the fourth quarter. Silver Coast Investments LLC now owns 5,070 shares of the oil and gas company's stock worth $622,000 after buying an additional 83 shares during the last quarter. Patrick M Sweeney & Associates Inc. increased its holdings in shares of Valero Energy by 2.0% in the fourth quarter. Patrick M Sweeney & Associates Inc. now owns 4,687 shares of the oil and gas company's stock valued at $575,000 after buying an additional 90 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its position in shares of Valero Energy by 6.6% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,514 shares of the oil and gas company's stock valued at $186,000 after acquiring an additional 94 shares during the last quarter. 78.69% of the stock is currently owned by institutional investors.
Valero Energy Trading Up 2.7 %
Shares of NYSE:VLO traded up $2.85 during trading on Friday, hitting $109.98. 2,662,747 shares of the company's stock were exchanged, compared to its average volume of 2,990,067. Valero Energy Co. has a 1-year low of $99.00 and a 1-year high of $168.85. The firm has a market cap of $34.64 billion, a P/E ratio of 12.97, a PEG ratio of 2.93 and a beta of 1.17. 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 50-day moving average price of $125.26 and a two-hundred day moving average price of $130.83.
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, 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%. Equities analysts predict that Valero Energy Co. will post 7.92 earnings per share for the current year.
Wall Street Analyst Weigh In
VLO has been the subject of several research analyst reports. Scotiabank reduced their price target on shares of 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. Wells Fargo & Company decreased their target price 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 raised Valero Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. Mizuho decreased their price objective on Valero Energy from $165.00 to $158.00 and set an "outperform" rating for the company in a research report on Wednesday, January 8th. Finally, Piper Sandler reduced their price target on shares of Valero Energy from $149.00 to $144.00 and set an "overweight" rating for the company in a research report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Valero Energy presently has a consensus rating of "Moderate Buy" and a consensus target price of $152.46.
View Our Latest Stock Report on VLO
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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