Vanguard Capital Wealth Advisors Buys 911 Shares of Valero Energy Co. (NYSE:VLO)

Vanguard Capital Wealth Advisors boosted its stake in shares of Valero Energy Co. (NYSE:VLO) by 26.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,298 shares of the oil and gas company’s stock after buying an additional 911 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Valero Energy were worth $559,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Valero Energy in the 3rd quarter valued at about $28,000. BKM Wealth Management LLC bought a new stake in shares of Valero Energy in the 4th quarter valued at about $26,000. Wetzel Investment Advisors Inc. bought a new stake in shares of Valero Energy in the 4th quarter valued at about $36,000. FSC Wealth Advisors LLC bought a new stake in shares of Valero Energy in the 4th quarter valued at about $38,000. Finally, Authentikos Wealth Advisory LLC acquired a new position in shares of Valero Energy in the 3rd quarter valued at $42,000. Institutional investors own 78.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Mizuho cut shares of Valero Energy from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $150.00 to $173.00 in a research report on Friday, March 22nd. TD Cowen reduced their target price on shares of Valero Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Monday. Piper Sandler raised their price objective on shares of Valero Energy from $161.00 to $198.00 and gave the stock an “overweight” rating in a report on Wednesday, April 3rd. Scotiabank raised their target price on shares of Valero Energy from $138.00 to $165.00 and gave the stock a “sector outperform” rating in a research report on Thursday, April 11th. Finally, Barclays lowered their price objective on shares of Valero Energy from $179.00 to $173.00 and set an “overweight” rating on the stock in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $174.40.

Valero Energy Stock Down 4.6 %

Shares of VLO traded down $7.72 during trading on Tuesday, reaching $159.79. The company’s stock had a trading volume of 4,143,435 shares, compared to its average volume of 3,287,796. The company has a fifty day moving average of $161.63 and a two-hundred day moving average of $141.05. Valero Energy Co. has a twelve month low of $104.18 and a twelve month high of $184.79. The company has a market cap of $53.13 billion, a price-to-earnings ratio of 8.09, a P/E/G ratio of 1.50 and a beta of 1.54. The company has a quick ratio of 1.10, a current ratio of 1.59 and a debt-to-equity ratio of 0.35.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.18 by $0.64. The business had revenue of $31.76 billion for the quarter, compared to analyst estimates of $32.02 billion. Valero Energy had a return on equity of 24.82% and a net margin of 5.01%. The business’s revenue was down 12.8% compared to the same quarter last year. During the same period in the prior year, the company posted $8.27 EPS. On average, sell-side analysts predict that Valero Energy Co. will post 18.37 EPS for the current fiscal year.

Valero Energy Company 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.