Valero Energy Co. (NYSE:VLO) Shares Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC increased its position in shares of Valero Energy Co. (NYSE:VLO) by 17.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 6,206 shares of the oil and gas company’s stock after acquiring an additional 909 shares during the period. Fidelis Capital Partners LLC’s holdings in Valero Energy were worth $807,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Western Wealth Management LLC raised its holdings in Valero Energy by 2.2% in the fourth quarter. Western Wealth Management LLC now owns 4,166 shares of the oil and gas company’s stock valued at $542,000 after acquiring an additional 88 shares in the last quarter. AIA Group Ltd purchased a new position in shares of Valero Energy in the 4th quarter valued at about $246,000. Oliver Lagore Vanvalin Investment Group increased its holdings in shares of Valero Energy by 5.1% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 4,034 shares of the oil and gas company’s stock valued at $524,000 after acquiring an additional 197 shares during the last quarter. Ninety One UK Ltd increased its holdings in shares of Valero Energy by 106.9% in the 4th quarter. Ninety One UK Ltd now owns 352,789 shares of the oil and gas company’s stock valued at $45,863,000 after acquiring an additional 182,272 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in shares of Valero Energy by 4.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 31,652 shares of the oil and gas company’s stock valued at $4,115,000 after acquiring an additional 1,396 shares during the last quarter. 78.69% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VLO has been the topic of a number of recent analyst reports. Citigroup increased their price objective on Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a report on Thursday. JPMorgan Chase & Co. raised their price target on Valero Energy from $177.00 to $178.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. Wells Fargo & Company raised their price target on Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 4th. Scotiabank raised their price target on Valero Energy from $138.00 to $165.00 and gave the stock a “sector outperform” rating in a research note on Thursday, April 11th. Finally, TD Cowen raised their price target on Valero Energy from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $173.63.

Valero Energy Stock Performance

Shares of VLO stock traded up $2.42 during midday trading on Friday, hitting $164.91. The company had a trading volume of 480,795 shares, compared to its average volume of 3,326,667. The company’s 50 day simple moving average is $158.12 and its 200 day simple moving average is $139.11. Valero Energy Co. has a 52-week low of $104.18 and a 52-week high of $184.79. The stock has a market cap of $54.83 billion, a price-to-earnings ratio of 6.64, a PEG ratio of 1.61 and a beta of 1.54. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.56 and a quick ratio of 1.11.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results 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. The business had revenue of $35.41 billion during the quarter, compared to analysts’ expectations of $34.76 billion. Valero Energy had a return on equity of 31.62% and a net margin of 6.10%. The company’s quarterly revenue was down 15.2% compared to the same quarter last year. During the same period last year, the firm earned $8.45 EPS. Research analysts anticipate that Valero Energy Co. will post 17.31 earnings per share for the current fiscal year.

Valero Energy Company 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.