Nilsine Partners LLC Has $369,000 Stock Holdings in Valero Energy Co. (NYSE:VLO)

Nilsine Partners LLC lifted its holdings in shares of Valero Energy Co. (NYSE:VLO) by 5.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,163 shares of the oil and gas company’s stock after buying an additional 108 shares during the period. Nilsine Partners LLC’s holdings in Valero Energy were worth $369,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VLO. BKM Wealth Management LLC acquired a new stake in Valero Energy in the 4th quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Valero Energy in the 3rd quarter valued at about $28,000. Rise Advisors LLC acquired a new stake in Valero Energy in the 1st quarter valued at about $33,000. Wetzel Investment Advisors Inc. acquired a new stake in Valero Energy in the 4th quarter valued at about $36,000. Finally, FSC Wealth Advisors LLC acquired a new stake in Valero Energy in the 4th quarter valued at about $38,000. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Valero Energy Price Performance

NYSE:VLO traded down $7.72 during mid-day trading on Tuesday, reaching $159.79. The stock had a trading volume of 4,143,435 shares, compared to its average volume of 3,287,796. The stock has a 50-day simple moving average of $162.12 and a two-hundred day simple moving average of $141.29. The stock has a market capitalization of $53.13 billion, a PE ratio of 7.91, a P/E/G ratio of 1.50 and a beta of 1.54. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.59 and a quick ratio of 1.10. Valero Energy Co. has a 12 month low of $104.18 and a 12 month high of $184.79.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, April 25th. The oil and gas company reported $3.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.18 by $0.64. The business had revenue of $31.76 billion for the quarter, compared to analysts’ expectations of $32.02 billion. Valero Energy had a net margin of 5.01% and a return on equity of 24.82%. The firm’s quarterly revenue was down 12.8% compared to the same quarter last year. During the same period last year, the firm posted $8.27 earnings per share. On average, equities analysts anticipate that Valero Energy Co. will post 18.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

VLO has been the topic of several research analyst reports. Barclays lowered their price target on shares of Valero Energy from $179.00 to $173.00 and set an “overweight” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. increased their price target on shares of Valero Energy from $177.00 to $178.00 and gave the company an “overweight” rating in a report on Monday, April 1st. Mizuho cut shares of Valero Energy from a “buy” rating to a “neutral” rating and increased their price target for the company from $150.00 to $173.00 in a report on Friday, March 22nd. Raymond James increased their price target on shares of Valero Energy from $154.00 to $155.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Finally, Bank of America raised shares of Valero Energy from a “neutral” rating to a “buy” rating and raised their target price for the stock from $156.00 to $210.00 in a report on Friday, March 15th. 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 MarketBeat, Valero Energy presently has an average rating of “Moderate Buy” and an average price target of $174.40.

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.