X Square Capital LLC Invests $718,000 in Valaris Limited $VAL

X Square Capital LLC purchased a new position in Valaris Limited (NYSE:VAL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,255 shares of the company’s stock, valued at approximately $718,000.

Several other institutional investors have also recently made changes to their positions in VAL. Wexford Capital LP bought a new position in Valaris in the third quarter valued at $41,000. Signaturefd LLC increased its stake in Valaris by 22.1% in the fourth quarter. Signaturefd LLC now owns 1,133 shares of the company’s stock valued at $57,000 after acquiring an additional 205 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in Valaris by 240.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock valued at $78,000 after acquiring an additional 1,308 shares during the last quarter. Leonteq Securities AG bought a new position in Valaris in the fourth quarter valued at $109,000. Finally, Hantz Financial Services Inc. increased its stake in Valaris by 133.5% in the third quarter. Hantz Financial Services Inc. now owns 2,837 shares of the company’s stock valued at $138,000 after acquiring an additional 1,622 shares during the last quarter. Institutional investors own 96.74% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on VAL. Susquehanna increased their target price on Valaris from $96.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, April 7th. Pareto Securities cut Valaris from a “hold” rating to a “sell” rating and set a $80.00 price objective on the stock. in a research note on Monday, February 23rd. Weiss Ratings lowered shares of Valaris from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Finally, BTIG Research lowered shares of Valaris from a “buy” rating to a “hold” rating in a report on Monday, March 9th. Nine investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Valaris has a consensus rating of “Reduce” and a consensus price target of $63.19.

Valaris Price Performance

VAL stock opened at $91.48 on Tuesday. The firm has a 50 day moving average price of $96.83 and a 200-day moving average price of $78.67. Valaris Limited has a 52-week low of $41.03 and a 52-week high of $114.12. The firm has a market capitalization of $6.33 billion, a price-to-earnings ratio of 6.41 and a beta of 0.91. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.55 and a current ratio of 1.55.

Valaris (NYSE:VAL) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.19). The firm had revenue of $465.40 million for the quarter, compared to the consensus estimate of $443.75 million. Valaris had a net margin of 45.37% and a return on equity of 12.31%. Valaris’s revenue was down 25.0% on a year-over-year basis. During the same period last year, the business earned ($0.53) EPS. Equities research analysts forecast that Valaris Limited will post 3.18 EPS for the current fiscal year.

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.