Valaris Limited $VAL Position Increased by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC boosted its position in shares of Valaris Limited (NYSE:VAL) by 17.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,062,070 shares of the company’s stock after purchasing an additional 159,630 shares during the quarter. Valaris makes up 5.1% of Goehring & Rozencwajg Associates LLC’s portfolio, making the stock its 5th biggest holding. Goehring & Rozencwajg Associates LLC owned 1.53% of Valaris worth $53,528,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. WINTON GROUP Ltd lifted its position in shares of Valaris by 0.5% in the fourth quarter. WINTON GROUP Ltd now owns 27,510 shares of the company’s stock valued at $1,387,000 after acquiring an additional 146 shares in the last quarter. Signaturefd LLC lifted its position in shares of Valaris by 22.1% in the fourth quarter. Signaturefd LLC now owns 1,133 shares of the company’s stock valued at $57,000 after acquiring an additional 205 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of Valaris by 1.4% in the third quarter. Quadrant Capital Group LLC now owns 15,301 shares of the company’s stock valued at $746,000 after acquiring an additional 214 shares in the last quarter. Prudential Financial Inc. lifted its position in shares of Valaris by 4.1% in the second quarter. Prudential Financial Inc. now owns 5,885 shares of the company’s stock valued at $248,000 after acquiring an additional 230 shares in the last quarter. Finally, ProShare Advisors LLC lifted its position in shares of Valaris by 2.0% in the fourth quarter. ProShare Advisors LLC now owns 13,998 shares of the company’s stock valued at $705,000 after acquiring an additional 280 shares in the last quarter. 96.74% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Susquehanna increased their target price on Valaris from $96.00 to $98.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 7th. Weiss Ratings downgraded Valaris from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Pareto Securities downgraded Valaris from a “hold” rating to a “sell” rating and set a $80.00 target price on the stock. in a research report on Monday, February 23rd. Finally, BTIG Research downgraded Valaris from a “buy” rating to a “hold” rating in a research report on Monday, March 9th. Nine research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $63.19.

Valaris Stock Performance

Valaris stock opened at $90.02 on Friday. The stock’s 50-day moving average is $96.06 and its 200-day moving average is $79.47. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 6.30 and a beta of 0.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.55 and a quick ratio of 1.55. Valaris Limited has a 12 month low of $41.03 and a 12 month high of $114.12.

Valaris (NYSE:VAL) last released its quarterly earnings data on Monday, May 4th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.19). The firm had revenue of $465.40 million during the quarter, compared to analysts’ expectations of $443.75 million. Valaris had a return on equity of 12.31% and a net margin of 45.37%.The business’s revenue for the quarter was down 25.0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.53) earnings per share. Equities analysts anticipate that Valaris Limited will post 3.18 earnings per share for the current year.

Valaris Company Profile

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.