Texas Yale Capital Corp. Has $6.75 Million Stock Holdings in Valero Energy Co. (NYSE:VLO)

Texas Yale Capital Corp. lifted its position in Valero Energy Co. (NYSE:VLO - Free Report) by 18.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,078 shares of the oil and gas company's stock after buying an additional 8,500 shares during the quarter. Texas Yale Capital Corp.'s holdings in Valero Energy were worth $6,752,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. New Wave Wealth Advisors LLC acquired a new position in shares of Valero Energy in the fourth quarter valued at $25,000. Tobam bought a new stake in shares of Valero Energy during the 4th quarter worth about $30,000. Golden State Wealth Management LLC acquired a new position in Valero Energy in the 4th quarter valued at about $38,000. OFI Invest Asset Management acquired a new stake in Valero Energy during the fourth quarter worth approximately $37,000. Finally, Creative Capital Management Investments LLC grew its position in shares of Valero Energy by 122.0% in the fourth quarter. Creative Capital Management Investments LLC now owns 333 shares of the oil and gas company's stock valued at $41,000 after purchasing an additional 183 shares during the last quarter. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on VLO. Mizuho decreased their price objective on Valero Energy from $165.00 to $158.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Tudor Pickering raised shares of Valero Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. Wells Fargo & Company cut their price objective 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 lowered their target price on shares of Valero Energy from $149.00 to $144.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. Finally, Raymond James reduced their price target on 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. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Valero Energy presently has an average rating of "Moderate Buy" and a consensus target price of $152.46.

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Valero Energy Trading Down 1.6 %

Shares of VLO stock traded down $1.73 during mid-day trading on Monday, reaching $108.97. 846,864 shares of the stock traded hands, compared to its average volume of 2,970,961. The stock's fifty day simple moving average is $127.99 and its two-hundred day simple moving average is $131.70. Valero Energy Co. has a 1-year low of $99.00 and a 1-year high of $174.94. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35. The company has a market cap of $34.32 billion, a price-to-earnings ratio of 12.85, a price-to-earnings-growth ratio of 2.93 and a beta of 1.17.

Valero Energy (NYSE:VLO - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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, research analysts anticipate that Valero Energy Co. will post 7.92 EPS for the current fiscal year.

Valero Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, January 30th were given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.15%. 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 payout ratio is presently 53.30%.

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.