Measured Wealth Private Client Group LLC Buys 605 Shares of Valero Energy Co. (NYSE:VLO)

Measured Wealth Private Client Group LLC raised its stake in shares of Valero Energy Co. (NYSE:VLO) by 11.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,104 shares of the oil and gas company’s stock after purchasing an additional 605 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Valero Energy were worth $794,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. BKM Wealth Management LLC purchased a new position in shares of Valero Energy in the fourth quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Valero Energy in the third quarter valued at about $28,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Valero Energy in the fourth quarter valued at about $36,000. FSC Wealth Advisors LLC purchased a new position in shares of Valero Energy in the fourth quarter valued at about $38,000. Finally, Authentikos Wealth Advisory LLC purchased a new stake in shares of Valero Energy in the third quarter worth about $42,000. Institutional investors own 78.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on VLO shares. The Goldman Sachs Group raised their price target on Valero Energy from $130.00 to $171.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Piper Sandler boosted their price target on shares of Valero Energy from $161.00 to $198.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 3rd. Bank of America upgraded shares of Valero Energy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $156.00 to $210.00 in a research report on Friday, March 15th. Scotiabank boosted their target price on shares of Valero Energy from $138.00 to $165.00 and gave the stock a “sector outperform” rating in a report on Thursday, April 11th. Finally, Raymond James increased their price target on shares of Valero Energy from $154.00 to $155.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $174.40.

Valero Energy Trading Down 0.3 %

VLO traded down $0.50 during trading hours on Friday, reaching $156.84. 2,356,803 shares of the company’s stock traded hands, compared to its average volume of 2,689,989. The company has a quick ratio of 1.10, a current ratio of 1.59 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average price of $163.15 and a 200 day moving average price of $141.69. Valero Energy Co. has a 52-week low of $104.18 and a 52-week high of $184.79. The firm has a market capitalization of $52.15 billion, a PE ratio of 7.77, a PEG ratio of 1.45 and a beta of 1.55.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $3.82 EPS for the quarter, topping analysts’ consensus estimates of $3.18 by $0.64. The firm had revenue of $31.76 billion for the quarter, compared to analysts’ expectations of $32.02 billion. Valero Energy had a net margin of 5.01% and a return on equity of 24.82%. The business’s revenue for the quarter was down 12.8% on a year-over-year basis. During the same period in the prior year, the business posted $8.27 earnings per share. As a group, sell-side analysts predict that Valero Energy Co. will post 18.11 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.