Trexquant Investment LP Has $13.93 Million Stock Holdings in Valero Energy Co. (NYSE:VLO)

Trexquant Investment LP increased its stake in shares of Valero Energy Co. (NYSE:VLO - Free Report) by 1,930.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 113,603 shares of the oil and gas company's stock after buying an additional 108,008 shares during the period. Trexquant Investment LP's holdings in Valero Energy were worth $13,927,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of Valero Energy by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 6,871,229 shares of the oil and gas company's stock valued at $844,775,000 after purchasing an additional 100,248 shares during the last quarter. StoneX Group Inc. grew its holdings in Valero Energy by 2.2% in the 4th quarter. StoneX Group Inc. now owns 16,384 shares of the oil and gas company's stock valued at $2,009,000 after buying an additional 350 shares in the last quarter. HighPoint Advisor Group LLC increased its position in Valero Energy by 7.6% during the 4th quarter. HighPoint Advisor Group LLC now owns 4,666 shares of the oil and gas company's stock worth $572,000 after buying an additional 329 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Valero Energy by 1.5% during the fourth quarter. Franklin Resources Inc. now owns 4,759,172 shares of the oil and gas company's stock worth $583,427,000 after buying an additional 71,587 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in shares of Valero Energy by 0.7% in the fourth quarter. Alliancebernstein L.P. now owns 483,740 shares of the oil and gas company's stock valued at $59,302,000 after acquiring an additional 3,456 shares during the period. Institutional investors and hedge funds own 78.69% of the company's stock.

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Valero Energy Price Performance

Valero Energy stock traded down $19.21 during midday trading on Thursday, reaching $114.41. The company's stock had a trading volume of 9,512,176 shares, compared to its average volume of 2,903,430. 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 stock has a market cap of $36.04 billion, a PE ratio of 13.49, a price-to-earnings-growth ratio of 2.93 and a beta of 1.36. Valero Energy Co. has a 52 week low of $114.04 and a 52 week high of $184.79. The business has a 50-day moving average price of $132.64 and a 200-day moving average price of $133.17.

Valero Energy (NYSE:VLO - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share (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%. On average, sell-side analysts predict that Valero Energy Co. will post 7.92 EPS for the current year.

Valero Energy Increases Dividend

The business 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 represents a $4.52 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date of this dividend was Thursday, January 30th. This is a boost from Valero Energy's previous quarterly dividend of $1.07. Valero Energy's payout ratio is presently 53.30%.

Analyst Upgrades and Downgrades

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