Valero Energy Co. (NYSE:VLO) Holdings Boosted by Capital Advisors Inc. OK

Capital Advisors Inc. OK boosted its position in shares of Valero Energy Co. (NYSE:VLO) by 8.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,432 shares of the oil and gas company’s stock after purchasing an additional 776 shares during the period. Capital Advisors Inc. OK’s holdings in Valero Energy were worth $1,279,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC grew its position in Valero Energy by 1.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,293,589 shares of the oil and gas company’s stock worth $174,673,000 after purchasing an additional 22,571 shares in the last quarter. Kieckhefer Group LLC acquired a new stake in shares of Valero Energy during the 4th quarter valued at $1,226,000. Hudson Capital Management LLC boosted its stake in shares of Valero Energy by 6.5% during the 4th quarter. Hudson Capital Management LLC now owns 31,792 shares of the oil and gas company’s stock valued at $3,897,000 after buying an additional 1,937 shares during the period. Miracle Mile Advisors LLC acquired a new stake in shares of Valero Energy during the 4th quarter valued at $274,000. Finally, Captrust Financial Advisors boosted its stake in shares of Valero Energy by 7.5% during the 3rd quarter. Captrust Financial Advisors now owns 89,762 shares of the oil and gas company’s stock valued at $12,121,000 after buying an additional 6,278 shares during the period. 78.69% of the stock is currently owned by hedge funds and other institutional investors.

Valero Energy Stock Up 0.1 %

Valero Energy stock opened at $136.90 on Wednesday. The firm has a market cap of $43.34 billion, a price-to-earnings ratio of 16.14, a P/E/G ratio of 2.85 and a beta of 1.42. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 1.11. Valero Energy Co. has a fifty-two week low of $116.84 and a fifty-two week high of $184.79. The firm has a fifty day moving average price of $130.59 and a two-hundred day moving average price of $136.90.

Valero Energy (NYSE:VLO) last posted its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.50. Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. As a group, analysts forecast that Valero Energy Co. will post 7.86 earnings per share for the current year.

Valero Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th will be issued a dividend of $1.13 per share. This is an increase from Valero Energy’s previous quarterly dividend of $1.07. The ex-dividend date of this dividend is Thursday, January 30th. This represents a $4.52 annualized dividend and a dividend yield of 3.30%. Valero Energy’s payout ratio is presently 53.30%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Piper Sandler raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. Tudor Pickering raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. TD Cowen decreased their target price on shares of Valero Energy from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Wells Fargo & Company reduced their price objective on shares of Valero Energy from $160.00 to $159.00 and set an “overweight” rating for the company in a research note on Friday, January 31st. Finally, Mizuho reduced their price objective on shares of Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $154.46.

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.