Valero Energy Co. (NYSE:VLO) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. cut its stake in Valero Energy Co. (NYSE:VLOFree Report) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,827 shares of the oil and gas company’s stock after selling 1,426 shares during the period. Geneos Wealth Management Inc.’s holdings in Valero Energy were worth $2,553,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in VLO. Legal & General Group Plc increased its position in Valero Energy by 3.0% in the second quarter. Legal & General Group Plc now owns 2,809,355 shares of the oil and gas company’s stock worth $440,394,000 after buying an additional 82,539 shares during the period. Kathmere Capital Management LLC increased its position in Valero Energy by 22.8% in the second quarter. Kathmere Capital Management LLC now owns 3,415 shares of the oil and gas company’s stock worth $535,000 after buying an additional 633 shares during the period. Ascent Group LLC grew its stake in shares of Valero Energy by 19.1% in the second quarter. Ascent Group LLC now owns 4,735 shares of the oil and gas company’s stock worth $742,000 after purchasing an additional 758 shares in the last quarter. Copperwynd Financial LLC grew its stake in shares of Valero Energy by 3.2% in the second quarter. Copperwynd Financial LLC now owns 5,933 shares of the oil and gas company’s stock worth $959,000 after purchasing an additional 184 shares in the last quarter. Finally, Creative Planning grew its stake in shares of Valero Energy by 10.7% in the second quarter. Creative Planning now owns 81,476 shares of the oil and gas company’s stock worth $12,772,000 after purchasing an additional 7,849 shares in the last quarter. 78.69% of the stock is owned by institutional investors and hedge funds.

Valero Energy Stock Down 0.7 %

VLO opened at $139.80 on Friday. Valero Energy Co. has a fifty-two week low of $116.84 and a fifty-two week high of $184.79. The business has a 50-day moving average of $131.28 and a 200-day moving average of $137.93. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 1.11. The company has a market capitalization of $44.26 billion, a PE ratio of 12.54, a price-to-earnings-growth ratio of 2.81 and a beta of 1.42.

Valero Energy (NYSE:VLOGet Free Report) last posted its quarterly earnings results on Thursday, October 24th. The oil and gas company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.16. Valero Energy had a return on equity of 13.07% and a net margin of 2.74%. The company had revenue of $32.88 billion during the quarter, compared to the consensus estimate of $31.04 billion. During the same period last year, the business earned $7.49 EPS. The business’s quarterly revenue was down 14.4% on a year-over-year basis. Equities research analysts forecast that Valero Energy Co. will post 7.93 EPS for the current fiscal 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 a positive change from Valero Energy’s previous quarterly dividend of $1.07. The ex-dividend date is Thursday, January 30th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.23%. Valero Energy’s dividend payout ratio is currently 38.39%.

Analyst Ratings Changes

Several research firms have recently issued reports on VLO. Barclays decreased their price target on Valero Energy from $146.00 to $140.00 and set an “overweight” rating for the company in a research note on Monday, November 11th. Wells Fargo & Company decreased their price target on Valero Energy from $165.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday, December 9th. Mizuho decreased their price target on Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, January 8th. Bank of America initiated coverage on Valero Energy in a research note on Thursday, October 17th. They set a “neutral” rating and a $150.00 target price for the company. Finally, Citigroup decreased their target price on Valero Energy from $192.00 to $176.00 and set a “buy” rating for the company in a research note on Friday, October 25th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Valero Energy has a consensus rating of “Moderate Buy” and a consensus target price of $154.57.

View Our Latest Research Report on VLO

Valero Energy Profile

(Free Report)

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.

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

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