Valero Energy Corporation $VLO Shares Acquired by MGO One Seven LLC

MGO One Seven LLC boosted its holdings in shares of Valero Energy Corporation (NYSE:VLOFree Report) by 15.1% in the 4th quarter, Holdings Channel reports. The firm owned 28,474 shares of the oil and gas company’s stock after buying an additional 3,729 shares during the period. MGO One Seven LLC’s holdings in Valero Energy were worth $4,635,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new stake in Valero Energy during the third quarter valued at approximately $27,000. Torren Management LLC acquired a new stake in Valero Energy during the fourth quarter valued at approximately $30,000. Cypress Capital Management LLC WY acquired a new stake in Valero Energy during the third quarter valued at approximately $34,000. Triumph Capital Management acquired a new stake in Valero Energy during the third quarter valued at approximately $35,000. Finally, Physician Wealth Advisors Inc. lifted its stake in Valero Energy by 145.3% during the third quarter. Physician Wealth Advisors Inc. now owns 211 shares of the oil and gas company’s stock valued at $36,000 after purchasing an additional 125 shares during the last quarter. 78.69% of the stock is owned by institutional investors and hedge funds.

Valero Energy Stock Performance

Shares of VLO opened at $240.81 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.11 and a current ratio of 1.58. The company has a market capitalization of $72.01 billion, a PE ratio of 17.50, a PEG ratio of 0.34 and a beta of 0.58. The company’s 50 day moving average price is $234.82 and its 200 day moving average price is $198.52. Valero Energy Corporation has a 52 week low of $121.41 and a 52 week high of $258.43.

Valero Energy (NYSE:VLOGet Free Report) last posted its earnings results on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $1.06. The firm had revenue of $32.38 billion during the quarter, compared to analysts’ expectations of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The company’s revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.89 earnings per share. Research analysts expect that Valero Energy Corporation will post 28.02 EPS for the current fiscal year.

Valero Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st will be paid a $1.20 dividend. The ex-dividend date is Thursday, May 21st. This represents a $4.80 dividend on an annualized basis and a yield of 2.0%. Valero Energy’s payout ratio is 34.88%.

Analyst Ratings Changes

Several analysts recently commented on the stock. The Goldman Sachs Group increased their target price on shares of Valero Energy from $203.00 to $237.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. Wall Street Zen raised shares of Valero Energy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 4th. Raymond James Financial lifted their target price on shares of Valero Energy from $215.00 to $290.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, March 25th. UBS Group lifted their target price on shares of Valero Energy from $215.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. Finally, Barclays lifted their target price on shares of Valero Energy from $184.00 to $261.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $237.94.

Get Our Latest Report on Valero Energy

More Valero Energy News

Here are the key news stories impacting Valero Energy this week:

Insider Transactions at Valero Energy

In other Valero Energy news, SVP Eric A. Fisher sold 400 shares of Valero Energy stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $238.60, for a total value of $95,440.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.36% of the stock is owned by company insiders.

Valero Energy Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Valero Energy Corporation (NYSE:VLOFree Report).

Institutional Ownership by Quarter for Valero Energy (NYSE:VLO)

Receive News & Ratings for Valero Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valero Energy and related companies with MarketBeat.com's FREE daily email newsletter.