6,760 Shares in Valaris Limited $VAL Acquired by Fieldview Capital Management LLC

Fieldview Capital Management LLC bought a new stake in Valaris Limited (NYSE:VAL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,760 shares of the company’s stock, valued at approximately $330,000.

A number of other institutional investors also recently added to or reduced their stakes in VAL. Swiss National Bank raised its holdings in shares of Valaris by 1.5% in the 3rd quarter. Swiss National Bank now owns 123,900 shares of the company’s stock valued at $6,043,000 after purchasing an additional 1,800 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Valaris by 150.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 33,856 shares of the company’s stock worth $1,651,000 after purchasing an additional 20,317 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Valaris by 6.3% during the third quarter. Private Advisor Group LLC now owns 6,554 shares of the company’s stock worth $320,000 after purchasing an additional 386 shares in the last quarter. First Trust Advisors LP increased its holdings in Valaris by 3.8% in the third quarter. First Trust Advisors LP now owns 91,224 shares of the company’s stock valued at $4,449,000 after buying an additional 3,319 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Valaris by 8.2% in the third quarter. Dimensional Fund Advisors LP now owns 3,028,408 shares of the company’s stock valued at $147,699,000 after buying an additional 229,956 shares during the last quarter. Hedge funds and other institutional investors own 96.74% of the company’s stock.

Valaris Price Performance

Shares of NYSE:VAL opened at $93.30 on Thursday. Valaris Limited has a 12 month low of $27.15 and a 12 month high of $102.19. The firm has a market capitalization of $6.46 billion, a P/E ratio of 6.67 and a beta of 1.07. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.77 and a quick ratio of 1.77. The company’s fifty day moving average price is $72.02 and its 200 day moving average price is $59.49.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Citigroup cut their price target on Valaris from $62.00 to $58.00 and set a “neutral” rating on the stock in a research note on Monday, December 22nd. Zacks Research downgraded Valaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Valaris in a research report on Wednesday, January 21st. BTIG Research cut Valaris from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Pareto Securities downgraded Valaris from a “hold” rating to a “sell” rating and set a $80.00 price target for the company. in a report on Monday, February 23rd. Ten equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Valaris has a consensus rating of “Reduce” and a consensus target price of $56.50.

Valaris Profile

Valaris PLC is a leading provider of offshore drilling services to the global energy industry. The company operates a diverse fleet of mobile offshore drilling units, including drillships, semisubmersibles and jackup rigs, designed to support exploration and production activities in deepwater, ultra-deepwater and harsh‐environment settings. Valaris serves a wide range of international oil and gas customers, offering turnkey drilling solutions, project management and advanced technology integration to enhance operational efficiency and safety.

Headquartered in Houston, Texas, Valaris maintains a significant presence in key offshore basins around the world.