2,076 Shares in Valero Energy Co. (NYSE:VLO) Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. purchased a new position in shares of Valero Energy Co. (NYSE:VLOGet Rating) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 2,076 shares of the oil and gas company’s stock, valued at approximately $211,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Exane Derivatives bought a new stake in Valero Energy during the 1st quarter valued at $25,000. DB Wealth Management Group LLC bought a new stake in shares of Valero Energy during the first quarter valued at about $27,000. Bromfield Sneider Wealth Advisors bought a new stake in shares of Valero Energy during the first quarter valued at about $28,000. Riverview Trust Co bought a new stake in shares of Valero Energy during the first quarter valued at about $29,000. Finally, Quent Capital LLC increased its position in shares of Valero Energy by 164.9% during the first quarter. Quent Capital LLC now owns 355 shares of the oil and gas company’s stock valued at $36,000 after buying an additional 221 shares during the period. Institutional investors own 79.78% of the company’s stock.

Valero Energy Trading Down 1.8 %

Valero Energy stock opened at $105.53 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.25 and a quick ratio of 0.92. Valero Energy Co. has a one year low of $64.21 and a one year high of $146.80. The stock has a market capitalization of $41.58 billion, a PE ratio of 6.08, a price-to-earnings-growth ratio of 0.63 and a beta of 1.68. The business’s fifty day moving average is $111.69 and its 200 day moving average is $111.58.

Valero Energy (NYSE:VLOGet Rating) last released its quarterly earnings data on Thursday, July 28th. The oil and gas company reported $11.36 EPS for the quarter, beating the consensus estimate of $6.33 by $5.03. Valero Energy had a return on equity of 34.65% and a net margin of 4.54%. The company had revenue of $51.64 billion for the quarter, compared to analysts’ expectations of $40.73 billion. During the same period last year, the firm posted $0.48 earnings per share. Valero Energy’s revenue was up 86.1% compared to the same quarter last year. On average, sell-side analysts predict that Valero Energy Co. will post 27.64 EPS for the current year.

Valero Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Shareholders of record on Thursday, August 4th were given a $0.98 dividend. The ex-dividend date was Wednesday, August 3rd. This represents a $3.92 annualized dividend and a yield of 3.71%. Valero Energy’s payout ratio is 22.57%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Wells Fargo & Company upped their price objective on shares of Valero Energy from $130.00 to $131.00 and gave the stock an “overweight” rating in a research report on Wednesday. Barclays increased their price objective on Valero Energy from $133.00 to $139.00 and gave the company an “overweight” rating in a research note on Tuesday, August 16th. Redburn Partners lowered Valero Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 1st. Cowen dropped their price target on Valero Energy to $127.00 in a research note on Tuesday. Finally, Morgan Stanley raised their price target on Valero Energy from $125.00 to $140.00 and gave the stock an “overweight” rating in a research note on Friday, July 15th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $130.23.

Valero Energy Company Profile

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Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, and low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; and asphalts, petrochemicals, lubricants, and other refined petroleum products, as well as sells lube oils and natural gas liquids.

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Institutional Ownership by Quarter for Valero Energy (NYSE:VLO)

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