27,511 Shares in Valero Energy Corporation $VLO Acquired by One Way Holdings LLC

One Way Holdings LLC acquired a new position in Valero Energy Corporation (NYSE:VLO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,511 shares of the oil and gas company’s stock, valued at approximately $10,664,000.

Several other hedge funds and other institutional investors also recently modified their holdings of VLO. Bank of America Corp DE bought a new position in shares of Valero Energy during the second quarter valued at approximately $1,195,943,000. Amundi raised its stake in Valero Energy by 45.3% during the first quarter. Amundi now owns 2,584,976 shares of the oil and gas company’s stock valued at $638,695,000 after buying an additional 806,018 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Valero Energy by 33.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,058,341 shares of the oil and gas company’s stock worth $536,074,000 after acquiring an additional 520,642 shares in the last quarter. Corient Private Wealth LP purchased a new stake in shares of Valero Energy in the second quarter worth $59,917,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Valero Energy by 18.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,842,339 shares of the oil and gas company’s stock valued at $702,285,000 after acquiring an additional 442,177 shares in the last quarter. Hedge funds and other institutional investors own 78.69% of the company’s stock.

Valero Energy Stock Performance

Shares of NYSE VLO opened at $400.04 on Monday. The stock has a market cap of $115.18 billion, a PE ratio of 9.00, a price-to-earnings-growth ratio of 0.21 and a beta of 0.58. Valero Energy Corporation has a 1 year low of $159.90 and a 1 year high of $461.52. The firm has a fifty day moving average price of $397.64 and a 200-day moving average price of $285.06. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.72 and a quick ratio of 1.33.

Valero Energy (NYSE:VLO) last issued its quarterly earnings results on Thursday, October 22nd. The oil and gas company reported $23.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $21.17 by $2.73. Valero Energy had a return on equity of 45.90% and a net margin of 8.44%. The business had revenue of $46.10 billion during the quarter, compared to analyst estimates of $42.71 billion. During the same quarter in the prior year, the business posted $3.66 EPS. Valero Energy’s revenue for the quarter was up 43.3% compared to the same quarter last year. Equities analysts anticipate that Valero Energy Corporation will post 57.42 earnings per share for the current fiscal year.

Valero Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Shareholders of record on Tuesday, November 24th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, November 24th. Valero Energy’s dividend payout ratio is 10.80%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Mizuho upped their target price on shares of Valero Energy from $300.00 to $434.00 and gave the stock a “neutral” rating in a research note on Thursday, October 8th. Barclays boosted their price target on Valero Energy from $441.00 to $443.00 and gave the stock an “overweight” rating in a research note on Friday, October 23rd. UBS Group restated a “buy” rating and set a $467.00 target price on shares of Valero Energy in a research note on Tuesday, October 6th. Citigroup increased their price objective on shares of Valero Energy from $485.00 to $490.00 and gave the company a “neutral” rating in a research report on Friday, October 23rd. Finally, Jefferies Financial Group dropped their price target on Valero Energy from $401.00 to $394.00 and set a “hold” rating on the stock in a research note on Thursday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $379.94.

Valero Energy Profile

Valero Energy Corporation is an international energy company headquartered in San Antonio, Texas. The company’s primary business is refining and marketing transportation fuels, including gasoline, diesel, jet fuel and other products used by commercial, industrial and consumer customers.

Valero operates refineries in the United States, Canada and the United Kingdom. Its refining operations also produce asphalt, petrochemical feedstocks and other petroleum-based products. The company markets fuel through wholesale channels and branded retail networks, including Valero, Beacon and Shamrock-branded locations.

In addition to conventional refining, Valero has businesses focused on renewable fuels.