Lindbrook Capital LLC Has $186,000 Holdings in Valero Energy Co. (NYSE:VLO)

Lindbrook Capital LLC cut its stake in Valero Energy Co. (NYSE:VLO) by 16.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,427 shares of the oil and gas company’s stock after selling 275 shares during the period. Lindbrook Capital LLC’s holdings in Valero Energy were worth $186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Deutsche Bank AG lifted its position in shares of Valero Energy by 5.8% in the 3rd quarter. Deutsche Bank AG now owns 1,005,346 shares of the oil and gas company’s stock worth $142,468,000 after acquiring an additional 55,351 shares during the period. Stiles Financial Services Inc lifted its position in Valero Energy by 49.7% in the fourth quarter. Stiles Financial Services Inc now owns 7,615 shares of the oil and gas company’s stock worth $991,000 after purchasing an additional 2,529 shares during the period. Pacer Advisors Inc. boosted its stake in Valero Energy by 14.0% during the fourth quarter. Pacer Advisors Inc. now owns 2,788,994 shares of the oil and gas company’s stock worth $362,569,000 after buying an additional 342,218 shares in the last quarter. Nordea Investment Management AB increased its holdings in Valero Energy by 3.0% in the 4th quarter. Nordea Investment Management AB now owns 645,726 shares of the oil and gas company’s stock valued at $83,867,000 after buying an additional 18,575 shares during the period. Finally, Public Sector Pension Investment Board raised its stake in shares of Valero Energy by 10.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 83,290 shares of the oil and gas company’s stock valued at $11,803,000 after buying an additional 7,910 shares in the last quarter. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. JPMorgan Chase & Co. raised their price target on shares of Valero Energy from $177.00 to $178.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. UBS Group boosted their price target on Valero Energy from $167.00 to $197.00 and gave the company a “buy” rating in a research note on Tuesday, March 26th. Barclays upped their price target on Valero Energy from $149.00 to $179.00 and gave the company an “overweight” rating in a research report on Wednesday, April 3rd. Scotiabank lifted their price objective on Valero Energy from $138.00 to $165.00 and gave the company a “sector outperform” rating in a report on Thursday, April 11th. Finally, TD Cowen upped their target price on shares of Valero Energy from $175.00 to $190.00 and gave the stock a “buy” rating in a report on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $173.63.

Valero Energy Trading Up 1.3 %

VLO opened at $165.94 on Tuesday. Valero Energy Co. has a 1-year low of $104.18 and a 1-year high of $184.79. The stock has a market capitalization of $55.17 billion, a PE ratio of 6.71, a PEG ratio of 1.50 and a beta of 1.54. The company has a current ratio of 1.56, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average price of $159.00 and a two-hundred day moving average price of $139.68.

Valero Energy (NYSE:VLO) last issued its quarterly earnings results on Thursday, January 25th. The oil and gas company reported $3.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.95 by $0.60. Valero Energy had a net margin of 6.10% and a return on equity of 31.62%. The business had revenue of $35.41 billion during the quarter, compared to analyst estimates of $34.76 billion. During the same quarter last year, the business posted $8.45 earnings per share. Valero Energy’s revenue for the quarter was down 15.2% compared to the same quarter last year. As a group, equities analysts anticipate that Valero Energy Co. will post 18.25 earnings per share for the current fiscal year.

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.