WINTON GROUP Ltd Has $1.34 Million Position in Valaris Limited $VAL

WINTON GROUP Ltd lessened its holdings in shares of Valaris Limited (NYSE:VAL) by 32.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,364 shares of the company’s stock after selling 13,007 shares during the quarter. WINTON GROUP Ltd’s holdings in Valaris were worth $1,335,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Valaris by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,689 shares of the company’s stock worth $1,440,000 after purchasing an additional 1,605 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Valaris by 3.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 147,662 shares of the company’s stock valued at $5,797,000 after purchasing an additional 4,263 shares during the last quarter. Savant Capital LLC acquired a new stake in shares of Valaris in the 2nd quarter valued at $326,000. Campbell & CO Investment Adviser LLC bought a new stake in Valaris in the second quarter worth $1,575,000. Finally, Geode Capital Management LLC boosted its holdings in Valaris by 3.4% in the second quarter. Geode Capital Management LLC now owns 1,592,885 shares of the company’s stock worth $67,084,000 after purchasing an additional 52,367 shares in the last quarter. 96.74% of the stock is currently owned by institutional investors and hedge funds.

Valaris Stock Performance

Shares of VAL opened at $93.30 on Thursday. The company has a market capitalization of $6.46 billion, a PE ratio of 6.67 and a beta of 1.07. Valaris Limited has a one year low of $27.15 and a one year high of $102.19. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.77 and a quick ratio of 1.77. The company’s fifty day moving average price is $72.02 and its 200 day moving average price is $59.49.

Analyst Ratings Changes

Several research firms have weighed in on VAL. Pareto Securities lowered Valaris from a “hold” rating to a “sell” rating and set a $80.00 target price on the stock. in a report on Monday, February 23rd. BTIG Research downgraded Valaris from a “buy” rating to a “hold” rating in a research note on Monday. Weiss Ratings reissued a “hold (c)” rating on shares of Valaris in a report on Wednesday, January 21st. Zacks Research downgraded Valaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Finally, Citigroup reduced their target price on Valaris from $62.00 to $58.00 and set a “neutral” rating for the company in a report on Monday, December 22nd. Ten research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $56.50.

About Valaris

Valaris PLC is a leading provider of offshore drilling services to the global energy industry. The company operates a diverse fleet of mobile offshore drilling units, including drillships, semisubmersibles and jackup rigs, designed to support exploration and production activities in deepwater, ultra-deepwater and harsh‐environment settings. Valaris serves a wide range of international oil and gas customers, offering turnkey drilling solutions, project management and advanced technology integration to enhance operational efficiency and safety.

Headquartered in Houston, Texas, Valaris maintains a significant presence in key offshore basins around the world.