Valero Energy Co. (NYSE:VLO) Shares Purchased by Measured Wealth Private Client Group LLC

Measured Wealth Private Client Group LLC increased its stake in shares of Valero Energy Co. (NYSE:VLO) by 11.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,104 shares of the oil and gas company’s stock after purchasing an additional 605 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Valero Energy were worth $794,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of VLO. BKM Wealth Management LLC acquired a new position in shares of Valero Energy during the 4th quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Valero Energy during the 3rd quarter worth about $28,000. Wetzel Investment Advisors Inc. acquired a new position in shares of Valero Energy during the 4th quarter worth about $36,000. FSC Wealth Advisors LLC acquired a new position in shares of Valero Energy during the 4th quarter worth about $38,000. Finally, Authentikos Wealth Advisory LLC acquired a new stake in Valero Energy in the 3rd quarter valued at about $42,000. Institutional investors and hedge funds own 78.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on VLO. The Goldman Sachs Group increased their price objective on shares of Valero Energy from $130.00 to $171.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Barclays cut their price objective on shares of Valero Energy from $179.00 to $173.00 and set an “overweight” rating for the company in a report on Tuesday. JPMorgan Chase & Co. increased their price objective 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. Bank of America upgraded shares of Valero Energy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $156.00 to $210.00 in a report on Friday, March 15th. Finally, Citigroup increased their price objective on shares of Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a report on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $174.40.

Valero Energy Stock Down 0.3 %

VLO stock traded down $0.50 during midday trading on Friday, hitting $156.84. The company’s stock had a trading volume of 2,356,803 shares, compared to its average volume of 2,689,989. The company has a quick ratio of 1.10, a current ratio of 1.59 and a debt-to-equity ratio of 0.35. Valero Energy Co. has a 52-week low of $104.18 and a 52-week high of $184.79. The firm has a market capitalization of $52.15 billion, a P/E ratio of 7.77, a PEG ratio of 1.45 and a beta of 1.55. The firm has a 50-day simple moving average of $163.15 and a 200-day simple moving average of $141.69.

Valero Energy (NYSE:VLO) last issued its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $3.82 EPS for the quarter, beating the consensus estimate of $3.18 by $0.64. Valero Energy had a net margin of 5.01% and a return on equity of 24.82%. The company had revenue of $31.76 billion during the quarter, compared to analysts’ expectations of $32.02 billion. During the same quarter last year, the company posted $8.27 EPS. The firm’s revenue was down 12.8% compared to the same quarter last year. As a group, equities analysts forecast that Valero Energy Co. will post 18.11 EPS for the current 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.