O Brien Greene & Co. Inc Buys 662 Shares of Valero Energy Co. (NYSE:VLO)

O Brien Greene & Co. Inc lifted its position in shares of Valero Energy Co. (NYSE:VLO) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,779 shares of the oil and gas company’s stock after purchasing an additional 662 shares during the quarter. Valero Energy makes up about 2.4% of O Brien Greene & Co. Inc’s investment portfolio, making the stock its 16th largest position. O Brien Greene & Co. Inc’s holdings in Valero Energy were worth $6,731,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Morgan Stanley lifted its holdings in shares of Valero Energy by 6.1% during the third quarter. Morgan Stanley now owns 8,961,603 shares of the oil and gas company’s stock valued at $1,269,949,000 after acquiring an additional 517,068 shares during the period. Northern Trust Corp boosted its holdings in shares of Valero Energy by 3.2% in the 3rd quarter. Northern Trust Corp now owns 3,899,875 shares of the oil and gas company’s stock worth $552,651,000 after acquiring an additional 121,057 shares in the last quarter. Pacer Advisors Inc. grew its position in Valero Energy by 14.0% during the 4th quarter. Pacer Advisors Inc. now owns 2,788,994 shares of the oil and gas company’s stock worth $362,569,000 after acquiring an additional 342,218 shares during the last quarter. AQR Capital Management LLC increased its holdings in Valero Energy by 7.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,025,956 shares of the oil and gas company’s stock valued at $287,098,000 after purchasing an additional 133,689 shares in the last quarter. Finally, Montrusco Bolton Investments Inc. raised its position in Valero Energy by 6.5% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 2,013,205 shares of the oil and gas company’s stock valued at $285,291,000 after purchasing an additional 122,252 shares during the last quarter. Institutional investors own 78.69% of the company’s stock.

Valero Energy Stock Performance

NYSE:VLO opened at $165.80 on Friday. The stock has a 50 day simple moving average of $161.07 and a 200 day simple moving average of $140.61. The stock has a market cap of $55.13 billion, a P/E ratio of 8.21, a PEG ratio of 1.52 and a beta of 1.54. Valero Energy Co. has a 1-year low of $104.18 and a 1-year high of $184.79. 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 (NYSE:VLO) last posted its earnings results on Thursday, April 25th. The oil and gas company reported $3.82 earnings per share for the quarter, topping analysts’ consensus estimates of $3.18 by $0.64. Valero Energy had a return on equity of 24.95% and a net margin of 5.01%. The company had revenue of $31.76 billion during the quarter, compared to the consensus estimate of $32.02 billion. During the same quarter last year, the firm earned $8.27 earnings per share. The company’s revenue was down 12.8% on a year-over-year basis. Research analysts anticipate that Valero Energy Co. will post 18.35 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on VLO shares. TD Cowen raised their target price on Valero Energy from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Monday, April 8th. The Goldman Sachs Group raised their price objective on shares of Valero Energy from $130.00 to $171.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. Wells Fargo & Company upped their target price on shares of Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 4th. Mizuho downgraded Valero Energy from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $150.00 to $173.00 in a research report on Friday, March 22nd. Finally, Scotiabank upped their target price on shares of Valero Energy from $138.00 to $165.00 and gave the company a “sector outperform” rating in a research report on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Valero Energy currently has a consensus rating of “Moderate Buy” and an average price target of $173.63.

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.