Valero Energy Co. (NYSE:VLO) Shares Acquired by Monument Capital Management

Monument Capital Management raised its holdings in shares of Valero Energy Co. (NYSE:VLO) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,661 shares of the oil and gas company’s stock after acquiring an additional 139 shares during the quarter. Monument Capital Management’s holdings in Valero Energy were worth $346,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in VLO. Marino Stram & Associates LLC boosted its holdings in Valero Energy by 0.9% in the fourth quarter. Marino Stram & Associates LLC now owns 8,384 shares of the oil and gas company’s stock valued at $1,090,000 after acquiring an additional 77 shares during the last quarter. Miller Howard Investments Inc. NY boosted its holdings in Valero Energy by 0.5% in the third quarter. Miller Howard Investments Inc. NY now owns 16,630 shares of the oil and gas company’s stock valued at $2,357,000 after acquiring an additional 79 shares during the last quarter. First Trust Direct Indexing L.P. boosted its holdings in Valero Energy by 0.8% in the third quarter. First Trust Direct Indexing L.P. now owns 10,000 shares of the oil and gas company’s stock valued at $1,417,000 after acquiring an additional 81 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in Valero Energy by 5.0% in the fourth quarter. Arkadios Wealth Advisors now owns 1,690 shares of the oil and gas company’s stock valued at $220,000 after acquiring an additional 81 shares during the last quarter. Finally, Fulcrum Equity Management lifted its stake in shares of Valero Energy by 1.0% during the fourth quarter. Fulcrum Equity Management now owns 8,806 shares of the oil and gas company’s stock worth $1,145,000 after purchasing an additional 86 shares in the last quarter. 78.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on VLO. Wells Fargo & Company boosted their price objective 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. UBS Group boosted their price objective on Valero Energy from $167.00 to $197.00 and gave the stock a “buy” rating in a research note on Tuesday, March 26th. Bank of America upgraded Valero Energy from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $156.00 to $210.00 in a research note on Friday, March 15th. Mizuho cut Valero Energy from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $150.00 to $173.00 in a research note on Friday, March 22nd. Finally, TD Cowen boosted 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 analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $173.63.

Valero Energy Stock Up 1.3 %

NYSE:VLO opened at $165.94 on Tuesday. The firm has a market capitalization of $55.17 billion, a PE ratio of 6.71, a price-to-earnings-growth ratio of 1.50 and a beta of 1.54. The company has a current ratio of 1.56, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. Valero Energy Co. has a 52 week low of $104.18 and a 52 week high of $184.79. The stock has a 50 day moving average of $159.00 and a 200-day moving average of $139.68.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, January 25th. The oil and gas company reported $3.55 EPS for the quarter, beating analysts’ consensus estimates of $2.95 by $0.60. Valero Energy had a return on equity of 31.62% and a net margin of 6.10%. The company had revenue of $35.41 billion during the quarter, compared to the consensus estimate of $34.76 billion. During the same quarter in the prior year, the firm earned $8.45 EPS. The company’s quarterly revenue was down 15.2% compared to the same quarter last year. Analysts predict that Valero Energy Co. will post 18.25 EPS for the current year.

Valero Energy 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.