Valero Energy Co. (NYSE:VLO) Shares Sold by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC trimmed its holdings in Valero Energy Co. (NYSE:VLO) by 3.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,926 shares of the oil and gas company’s stock after selling 115 shares during the period. Capital Investment Advisory Services LLC’s holdings in Valero Energy were worth $380,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Deutsche Bank AG raised its position in shares of Valero Energy by 5.8% in the third quarter. Deutsche Bank AG now owns 1,005,346 shares of the oil and gas company’s stock valued at $142,468,000 after buying an additional 55,351 shares during the last quarter. Stiles Financial Services Inc increased its position in Valero Energy by 49.7% during 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 last quarter. Pacer Advisors Inc. increased its position 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 purchasing an additional 342,218 shares during the last quarter. Nordea Investment Management AB increased its position in Valero Energy by 3.0% during the fourth quarter. Nordea Investment Management AB now owns 645,726 shares of the oil and gas company’s stock worth $83,867,000 after purchasing an additional 18,575 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its position in Valero Energy by 10.5% during the third quarter. Public Sector Pension Investment Board now owns 83,290 shares of the oil and gas company’s stock worth $11,803,000 after purchasing an additional 7,910 shares during the last quarter. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Valero Energy Trading Up 1.0 %

NYSE VLO opened at $167.51 on Wednesday. The firm has a 50 day simple moving average of $159.52 and a 200-day simple moving average of $139.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.56. Valero Energy Co. has a one year low of $104.18 and a one year high of $184.79. The firm has a market cap of $55.69 billion, a price-to-earnings ratio of 6.77, a PEG ratio of 1.51 and a beta of 1.54.

Valero Energy (NYSE:VLO) last posted its quarterly earnings data on Thursday, January 25th. The oil and gas company reported $3.55 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 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 firm posted $8.45 earnings per share. The business’s revenue for the quarter was down 15.2% compared to the same quarter last year. Equities research analysts anticipate that Valero Energy Co. will post 18.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VLO. JPMorgan Chase & Co. raised their price objective on shares of Valero Energy from $177.00 to $178.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. The Goldman Sachs Group raised their price objective on shares of Valero Energy from $130.00 to $171.00 and gave the stock a “sell” rating in a research report on Friday, March 22nd. Scotiabank raised their price objective on shares of Valero Energy from $138.00 to $165.00 and gave the stock a “sector outperform” rating in a research report on Thursday, April 11th. Citigroup lifted their price target on shares of Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Finally, TD Cowen lifted their price target on shares of Valero Energy from $175.00 to $190.00 and gave the company a “buy” rating in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Valero Energy presently has a consensus rating of “Moderate Buy” and an average target price of $173.63.

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.