Security National Bank bought a new position in Valero Energy Co. (NYSE:VLO) during the first quarter, HoldingsChannel reports. The firm bought 3,350 shares of the oil and gas company’s stock, valued at approximately $240,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VLO. Marshall Wace LLP bought a new position in shares of Valero Energy in the 1st quarter worth $90,000. Public Sector Pension Investment Board lifted its stake in Valero Energy by 25.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 49,370 shares of the oil and gas company’s stock valued at $2,139,000 after acquiring an additional 10,000 shares in the last quarter. Engineers Gate Manager LP lifted its stake in Valero Energy by 194.0% during the 3rd quarter. Engineers Gate Manager LP now owns 34,590 shares of the oil and gas company’s stock valued at $1,498,000 after acquiring an additional 22,825 shares in the last quarter. Weld Capital Management LLC bought a new position in Valero Energy during the 3rd quarter valued at $330,000. Finally, ExodusPoint Capital Management LP bought a new position in Valero Energy during the 3rd quarter valued at $486,000. Institutional investors own 74.57% of the company’s stock.

VLO traded down $1.74 during trading hours on Thursday, hitting $72.67. The stock had a trading volume of 67,776 shares, compared to its average volume of 4,031,034. The company’s fifty day simple moving average is $75.49 and its 200 day simple moving average is $57.91. Valero Energy Co. has a 1 year low of $35.44 and a 1 year high of $84.39. The stock has a market cap of $29.69 billion, a PE ratio of -2,479.51, a price-to-earnings-growth ratio of 84.85 and a beta of 2.14. The company has a quick ratio of 1.24, a current ratio of 1.90 and a debt-to-equity ratio of 0.73.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, January 28th. The oil and gas company reported ($1.06) earnings per share for the quarter, topping the consensus estimate of ($1.48) by $0.42. The firm had revenue of $16.60 billion during the quarter, compared to analysts’ expectations of $13.87 billion. During the same period last year, the business posted $2.13 EPS. The company’s revenue was down 40.4% compared to the same quarter last year. As a group, equities analysts expect that Valero Energy Co. will post -3.6 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 4th. Investors of record on Thursday, February 11th were issued a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 5.39%. The ex-dividend date was Wednesday, February 10th. Valero Energy’s dividend payout ratio (DPR) is currently 68.77%.

Several equities analysts have weighed in on VLO shares. Wells Fargo & Company raised their price objective on Valero Energy from $70.00 to $99.00 and gave the company an “overweight” rating in a research note on Thursday, February 25th. Zacks Investment Research cut Valero Energy from a “buy” rating to a “hold” rating and set a $81.00 price objective on the stock. in a research note on Wednesday, March 3rd. Raymond James raised their price objective on Valero Energy from $69.00 to $96.00 and gave the company an “outperform” rating in a research note on Tuesday, March 23rd. Citigroup raised their target price on Valero Energy from $70.00 to $95.00 and gave the company a “buy” rating in a research report on Tuesday, March 2nd. Finally, Mizuho raised their target price on Valero Energy from $50.00 to $86.00 and gave the company a “buy” rating in a research report on Friday, February 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $77.25.

Valero Energy Profile

Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company is involved in oil and gas refining, marketing, and bulk selling activities.

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Institutional Ownership by Quarter for Valero Energy (NYSE:VLO)

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