Krilogy Financial LLC Purchases New Shares in Valero Energy Corporation $VLO

Krilogy Financial LLC acquired a new stake in shares of Valero Energy Corporation (NYSE:VLO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,486 shares of the oil and gas company’s stock, valued at approximately $763,000.

A number of other large investors have also recently made changes to their positions in the business. Highline Wealth Partners LLC lifted its holdings in shares of Valero Energy by 70.2% in the 3rd quarter. Highline Wealth Partners LLC now owns 160 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 66 shares during the last quarter. Hantz Financial Services Inc. increased its stake in Valero Energy by 1,277.8% during the second quarter. Hantz Financial Services Inc. now owns 248 shares of the oil and gas company’s stock worth $33,000 after acquiring an additional 230 shares during the last quarter. Global Wealth Strategies & Associates purchased a new stake in Valero Energy during the third quarter valued at approximately $34,000. Cypress Capital Management LLC WY bought a new stake in shares of Valero Energy in the 3rd quarter valued at approximately $34,000. Finally, Physician Wealth Advisors Inc. boosted its holdings in shares of Valero Energy by 145.3% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 211 shares of the oil and gas company’s stock worth $36,000 after purchasing an additional 125 shares during the period. 78.69% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VLO has been the topic of several recent research reports. Zacks Research lowered Valero Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. TD Cowen boosted their price objective on shares of Valero Energy from $162.00 to $165.00 and gave the company a “hold” rating in a research report on Friday, October 24th. Wall Street Zen raised shares of Valero Energy from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Morgan Stanley raised their target price on shares of Valero Energy from $175.00 to $180.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 27th. Finally, Argus upgraded shares of Valero Energy to a “hold” rating in a report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.67.

Valero Energy Trading Up 1.7%

VLO stock opened at $200.16 on Friday. Valero Energy Corporation has a 12 month low of $99.00 and a 12 month high of $206.77. The firm’s 50-day moving average is $179.42 and its 200 day moving average is $167.22. The company has a market capitalization of $61.05 billion, a PE ratio of 26.20, a P/E/G ratio of 1.07 and a beta of 0.77. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.60 and a quick ratio of 1.09.

Valero Energy (NYSE:VLO) last released its quarterly earnings data on Thursday, January 29th. The oil and gas company reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.27 by $0.55. The company had revenue of $30.37 billion during the quarter, compared to analysts’ expectations of $28.20 billion. Valero Energy had a net margin of 1.91% and a return on equity of 12.34%. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.64 EPS. On average, research analysts anticipate that Valero Energy Corporation will post 7.92 EPS for the current year.

Valero Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Thursday, February 5th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 2.4%. This is an increase from Valero Energy’s previous quarterly dividend of $1.13. The ex-dividend date of this dividend is Thursday, February 5th. Valero Energy’s payout ratio is currently 62.83%.

Insider Buying and Selling

In other Valero Energy news, CFO Jason W. Fraser sold 9,933 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $174.02, for a total transaction of $1,728,540.66. Following the transaction, the chief financial officer directly owned 134,196 shares in the company, valued at $23,352,787.92. This trade represents a 6.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.04% of the stock is owned by insiders.

Valero Energy Company Profile

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.