WINTON GROUP Ltd increased its holdings in shares of Valero Energy Co. (NYSE:VLO - Free Report) by 1,816.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,432 shares of the oil and gas company's stock after buying an additional 51,592 shares during the quarter. WINTON GROUP Ltd's holdings in Valero Energy were worth $6,673,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. grew its position in shares of Valero Energy by 0.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 123,356 shares of the oil and gas company's stock valued at $14,751,000 after purchasing an additional 455 shares during the period. Kieckhefer Group LLC bought a new stake in shares of Valero Energy during the fourth quarter worth $1,226,000. Hudson Capital Management LLC raised its holdings in shares of Valero Energy by 6.5% during the fourth quarter. Hudson Capital Management LLC now owns 31,792 shares of the oil and gas company's stock worth $3,897,000 after acquiring an additional 1,937 shares during the period. Miracle Mile Advisors LLC bought a new stake in Valero Energy in the 4th quarter valued at $274,000. Finally, Captrust Financial Advisors boosted its stake in Valero Energy by 7.5% in the 3rd quarter. Captrust Financial Advisors now owns 89,762 shares of the oil and gas company's stock worth $12,121,000 after purchasing an additional 6,278 shares during the period. 78.69% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have recently commented on VLO. Wells Fargo & Company cut their price target on Valero Energy from $160.00 to $159.00 and set an "overweight" rating on the stock in a report on Friday, January 31st. Piper Sandler reduced their price target on Valero Energy from $149.00 to $144.00 and set an "overweight" rating for the company in a research report on Friday, March 7th. Mizuho lowered their price objective on shares of Valero Energy from $165.00 to $158.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Finally, Tudor Pickering upgraded shares of Valero Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $152.67.
Get Our Latest Research Report on VLO
Valero Energy Stock Performance
Shares of NYSE VLO traded up $0.72 during midday trading on Monday, hitting $132.20. 571,982 shares of the company's stock were exchanged, compared to its average volume of 3,284,565. Valero Energy Co. has a 12 month low of $116.84 and a 12 month high of $184.79. The company's 50 day moving average price is $133.49 and its 200 day moving average price is $133.31. 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 firm has a market capitalization of $41.64 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 2.93 and a beta of 1.36.
Valero Energy (NYSE:VLO - Get Free Report) last released its quarterly earnings data 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%. As a group, analysts predict that Valero Energy Co. will post 7.92 earnings per share for the current fiscal year.
Valero Energy Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.42%. 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 currently 53.30%.
Valero Energy Profile
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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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