Quantbot Technologies LP Has $9.09 Million Stock Holdings in Valero Energy Corporation $VLO

Quantbot Technologies LP grew its stake in Valero Energy Corporation (NYSE:VLO) by 1,448.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 53,397 shares of the oil and gas company’s stock after purchasing an additional 49,948 shares during the quarter. Quantbot Technologies LP’s holdings in Valero Energy were worth $9,091,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in VLO. Waddell & Associates LLC boosted its holdings in Valero Energy by 2.8% during the third quarter. Waddell & Associates LLC now owns 2,040 shares of the oil and gas company’s stock worth $347,000 after buying an additional 56 shares during the last quarter. DSG Capital Advisors LLC increased its stake in shares of Valero Energy by 1.6% in the 3rd quarter. DSG Capital Advisors LLC now owns 3,803 shares of the oil and gas company’s stock valued at $647,000 after acquiring an additional 60 shares during the last quarter. Cypress Capital Group raised its position in shares of Valero Energy by 0.3% in the 3rd quarter. Cypress Capital Group now owns 18,786 shares of the oil and gas company’s stock valued at $3,199,000 after acquiring an additional 63 shares during the period. Private Trust Co. NA boosted its stake in Valero Energy by 2.0% during the 3rd quarter. Private Trust Co. NA now owns 3,381 shares of the oil and gas company’s stock worth $576,000 after acquiring an additional 65 shares during the last quarter. Finally, Highline Wealth Partners LLC grew its holdings in Valero Energy by 70.2% during the third quarter. Highline Wealth Partners LLC now owns 160 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 66 shares during the period. 78.69% of the stock is owned by institutional investors and hedge funds.

Valero Energy Trading Up 0.3%

Shares of NYSE:VLO opened at $204.49 on Friday. Valero Energy Corporation has a 52-week low of $99.00 and a 52-week high of $206.77. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.09 and a current ratio of 1.60. The company has a market capitalization of $62.37 billion, a P/E ratio of 26.77, a price-to-earnings-growth ratio of 1.06 and a beta of 0.77. The company has a 50-day simple moving average of $185.80 and a 200 day simple moving average of $171.70.

Valero Energy (NYSE:VLO) last released its quarterly earnings data on Thursday, January 29th. The oil and gas company reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.27 by $0.55. Valero Energy had a return on equity of 12.34% and a net margin of 1.91%.During the same period last year, the business earned $0.64 EPS. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. Sell-side analysts forecast that Valero Energy Corporation will post 7.92 earnings per share for the current year.

Valero Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Thursday, February 5th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 2.3%. This is a positive change from Valero Energy’s previous quarterly dividend of $1.13. The ex-dividend date of this dividend is Thursday, February 5th. Valero Energy’s dividend payout ratio (DPR) is presently 62.83%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. UBS Group reiterated a “buy” rating on shares of Valero Energy in a report on Tuesday, January 6th. Mizuho reiterated a “neutral” rating and set a $192.00 target price (up from $190.00) on shares of Valero Energy in a report on Friday, December 12th. Piper Sandler lifted their price objective on Valero Energy from $217.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Morgan Stanley increased their price objective on Valero Energy from $175.00 to $180.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 27th. Finally, Argus raised Valero Energy to a “hold” rating in a research report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $187.67.

Valero Energy Profile

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.