Valero Energy Co. (NYSE:VLO) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC decreased its position in shares of Valero Energy Co. (NYSE:VLO) by 29.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,862 shares of the oil and gas company’s stock after selling 1,590 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Valero Energy were worth $502,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Morgan Stanley raised its position in Valero Energy by 6.1% in the 3rd quarter. Morgan Stanley now owns 8,961,603 shares of the oil and gas company’s stock valued at $1,269,949,000 after purchasing an additional 517,068 shares in the last quarter. Northern Trust Corp raised its position in 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 valued at $552,651,000 after purchasing an additional 121,057 shares in the last quarter. Pacer Advisors Inc. raised its position in Valero Energy by 14.0% in the 4th quarter. Pacer Advisors Inc. now owns 2,788,994 shares of the oil and gas company’s stock valued at $362,569,000 after purchasing an additional 342,218 shares in the last quarter. AQR Capital Management LLC raised its position in Valero Energy by 7.1% in 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 in the last quarter. Institutional investors and hedge funds own 78.69% of the company’s stock.

Valero Energy Stock Down 0.8 %

VLO opened at $165.80 on Friday. The business’s fifty day moving average is $161.07 and its two-hundred day moving average is $140.68. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.56. The company has a market cap of $55.13 billion, a price-to-earnings ratio of 8.21, a PEG ratio of 1.51 and a beta of 1.54. Valero Energy Co. has a one year low of $104.18 and a one year high of $184.79.

Valero Energy (NYSE:VLO) last posted its earnings results on Thursday, April 25th. The oil and gas company reported $3.82 EPS for the quarter, topping analysts’ consensus estimates of $3.18 by $0.64. The company had revenue of $31.76 billion for the quarter, compared to the consensus estimate of $32.02 billion. Valero Energy had a return on equity of 24.95% and a net margin of 5.01%. Valero Energy’s quarterly revenue was down 12.8% compared to the same quarter last year. During the same period in the previous year, the business earned $8.27 earnings per share. Analysts anticipate that Valero Energy Co. will post 18.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Piper Sandler increased their price target on Valero Energy from $161.00 to $198.00 and gave the company an “overweight” rating in a research report on Wednesday, April 3rd. Raymond James boosted their target price on Valero Energy from $154.00 to $155.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Barclays boosted their target price on Valero Energy from $149.00 to $179.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 3rd. JPMorgan Chase & Co. boosted their target price on Valero Energy from $177.00 to $178.00 and gave the stock an “overweight” rating in a research note on Monday, April 1st. Finally, Citigroup boosted their target price on Valero Energy from $160.00 to $192.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. One investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $173.63.

About Valero Energy

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.