Valero Energy Co. (NYSE:VLO) Shares Sold by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. lowered its position in Valero Energy Co. (NYSE:VLO) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,930 shares of the oil and gas company’s stock after selling 236 shares during the period. Coldstream Capital Management Inc.’s holdings in Valero Energy were worth $972,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new stake in Valero Energy during the 4th quarter valued at $25,000. Tobam acquired a new stake in Valero Energy during the 4th quarter valued at $30,000. OFI Invest Asset Management acquired a new stake in Valero Energy during the 4th quarter valued at $37,000. Golden State Wealth Management LLC acquired a new stake in Valero Energy during the 4th quarter valued at $38,000. Finally, Creative Capital Management Investments LLC grew its holdings in Valero Energy by 122.0% during the 4th quarter. Creative Capital Management Investments LLC now owns 333 shares of the oil and gas company’s stock valued at $41,000 after buying an additional 183 shares during the last quarter. Institutional investors and hedge funds own 78.69% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on VLO shares. TD Cowen lowered their target price on Valero Energy from $121.00 to $118.00 and set a “buy” rating on the stock in a report on Friday. Raymond James reduced their price target on Valero Energy from $165.00 to $155.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, April 9th. Mizuho reduced their price target on Valero Energy from $165.00 to $158.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Piper Sandler reduced their price target on Valero Energy from $149.00 to $144.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th. Finally, Tudor Pickering raised Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $149.80.

Valero Energy Trading Up 0.8 %

Shares of VLO opened at $114.75 on Tuesday. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $36.14 billion, a P/E ratio of 13.53, a price-to-earnings-growth ratio of 2.93 and a beta of 1.17. The stock’s fifty day simple moving average is $122.65 and its 200 day simple moving average is $129.52. Valero Energy Co. has a twelve month low of $99.00 and a twelve month high of $168.85.

Valero Energy (NYSE:VLO) last issued its earnings results on Thursday, April 24th. The oil and gas company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.16 by ($0.27). The company had revenue of $28.76 billion during the quarter, compared to analysts’ expectations of $28.54 billion. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. Valero Energy’s quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the company earned $3.82 EPS. On average, equities research analysts forecast that Valero Energy Co. will post 7.92 earnings per share for the current year.

Valero Energy Profile

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.