Oliver Lagore Vanvalin Investment Group Grows Stock Holdings in Valero Energy Co. (NYSE:VLO)

Oliver Lagore Vanvalin Investment Group boosted its holdings in Valero Energy Co. (NYSE:VLO) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,034 shares of the oil and gas company’s stock after buying an additional 197 shares during the period. Oliver Lagore Vanvalin Investment Group’s holdings in Valero Energy were worth $524,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Marino Stram & Associates LLC grew its position in shares of Valero Energy by 0.9% during the 4th quarter. Marino Stram & Associates LLC now owns 8,384 shares of the oil and gas company’s stock valued at $1,090,000 after purchasing an additional 77 shares in the last quarter. Miller Howard Investments Inc. NY lifted its holdings in shares of Valero Energy by 0.5% during the 3rd quarter. Miller Howard Investments Inc. NY now owns 16,630 shares of the oil and gas company’s stock worth $2,357,000 after acquiring an additional 79 shares during the last quarter. First Trust Direct Indexing L.P. lifted its holdings in shares of Valero Energy by 0.8% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 10,000 shares of the oil and gas company’s stock worth $1,417,000 after acquiring an additional 81 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Valero Energy by 5.0% during the 4th quarter. Arkadios Wealth Advisors now owns 1,690 shares of the oil and gas company’s stock worth $220,000 after acquiring an additional 81 shares during the last quarter. Finally, Fulcrum Equity Management lifted its holdings in shares of Valero Energy by 1.0% during the 4th quarter. Fulcrum Equity Management now owns 8,806 shares of the oil and gas company’s stock worth $1,145,000 after acquiring an additional 86 shares during the last quarter. 78.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. UBS Group lifted their price objective on shares of Valero Energy from $167.00 to $197.00 and gave the stock a “buy” rating in a report on Tuesday, March 26th. Wells Fargo & Company boosted their price target on shares of Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 4th. Barclays boosted their price target on shares of Valero Energy from $149.00 to $179.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 3rd. Scotiabank boosted their price target on shares of Valero Energy from $138.00 to $165.00 and gave the stock a “sector outperform” rating in a research note on Thursday, April 11th. Finally, JPMorgan Chase & Co. boosted 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. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Valero Energy has a consensus rating of “Moderate Buy” and an average target price of $173.63.

Valero Energy Trading Down 3.4 %

Shares of NYSE VLO traded down $5.73 during midday trading on Thursday, hitting $161.55. 1,810,558 shares of the company traded hands, compared to its average volume of 3,347,291. Valero Energy Co. has a 12-month low of $104.18 and a 12-month high of $184.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.56. The stock has a 50-day moving average price of $157.71 and a 200 day moving average price of $138.95. The firm has a market cap of $53.71 billion, a P/E ratio of 6.68, a P/E/G ratio of 1.63 and a beta of 1.54.

Valero Energy (NYSE:VLO) last announced its quarterly earnings results on Thursday, January 25th. The oil and gas company reported $3.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.95 by $0.60. Valero Energy had a net margin of 6.10% and a return on equity of 31.62%. The company had revenue of $35.41 billion for the quarter, compared to analysts’ expectations of $34.76 billion. During the same quarter in the previous year, the company earned $8.45 earnings per share. Valero Energy’s quarterly revenue was down 15.2% on a year-over-year basis. As a group, analysts expect that Valero Energy Co. will post 17.25 earnings per share for the current year.

Valero Energy Company 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.