Versor Investments LP Has $1.63 Million Stock Position in Valero Energy Co. (NYSE:VLO)

Versor Investments LP lifted its holdings in Valero Energy Co. (NYSE:VLO - Free Report) by 146.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 12,045 shares of the oil and gas company's stock after purchasing an additional 7,148 shares during the quarter. Versor Investments LP's holdings in Valero Energy were worth $1,626,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. EdgeRock Capital LLC bought a new stake in shares of Valero Energy during the second quarter worth $27,000. Lynx Investment Advisory bought a new position in Valero Energy during the 2nd quarter worth about $29,000. Summit Securities Group LLC bought a new position in Valero Energy during the 2nd quarter worth about $31,000. Pathway Financial Advisers LLC bought a new stake in shares of Valero Energy in the first quarter valued at about $33,000. Finally, Compagnie Lombard Odier SCmA acquired a new position in shares of Valero Energy during the third quarter worth about $34,000. 78.69% of the stock is owned by institutional investors.

Valero Energy Stock Performance

Shares of VLO stock traded up $1.37 during trading on Monday, reaching $138.06. 1,774,239 shares of the company's stock were exchanged, compared to its average volume of 2,963,121. Valero Energy Co. has a twelve month low of $120.21 and a twelve month high of $184.79. The firm's fifty day moving average price is $135.89 and its 200-day moving average price is $147.21. 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 stock has a market capitalization of $43.71 billion, a PE ratio of 12.25, a PEG ratio of 2.47 and a beta of 1.39.

Valero Energy (NYSE:VLO - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The oil and gas company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.98 by $0.16. The firm had revenue of $32.88 billion for the quarter, compared to the consensus estimate of $31.04 billion. Valero Energy had a net margin of 2.74% and a return on equity of 13.07%. The company's quarterly revenue was down 14.4% on a year-over-year basis. During the same period in the previous year, the company earned $7.49 earnings per share. As a group, sell-side analysts anticipate that Valero Energy Co. will post 9.21 EPS for the current year.

Valero Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Wednesday, November 20th will be given a dividend of $1.07 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $4.28 annualized dividend and a yield of 3.10%. Valero Energy's dividend payout ratio (DPR) is presently 38.39%.

Analyst Ratings Changes

Several equities research analysts have commented on VLO shares. Citigroup cut their target price on Valero Energy from $192.00 to $176.00 and set a "buy" rating on the stock in a research note on Friday, October 25th. JPMorgan Chase & Co. cut their price objective on shares of Valero Energy from $172.00 to $151.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 2nd. TD Cowen decreased their target price on shares of Valero Energy from $145.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, October 25th. Wells Fargo & Company raised shares of Valero Energy from an "equal weight" rating to an "overweight" rating and cut their price target for the stock from $172.00 to $165.00 in a research report on Wednesday, October 9th. Finally, Scotiabank decreased their price objective on Valero Energy from $173.00 to $141.00 and set a "sector outperform" rating for the company in a report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $155.86.

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.