Evergreen Wealth Management LLC Has $1.21 Million Stock Position in Valero Energy Co. (NYSE:VLO)

Evergreen Wealth Management LLC grew its stake in shares of Valero Energy Co. (NYSE:VLO) by 2.4% in the 4th quarter, HoldingsChannel reports. The fund owned 9,279 shares of the oil and gas company’s stock after purchasing an additional 220 shares during the quarter. Evergreen Wealth Management LLC’s holdings in Valero Energy were worth $1,206,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in VLO. Marino Stram & Associates LLC lifted its holdings in Valero Energy by 0.9% during the 4th quarter. Marino Stram & Associates LLC now owns 8,384 shares of the oil and gas company’s stock worth $1,090,000 after purchasing an additional 77 shares during the last quarter. First Trust Direct Indexing L.P. increased its holdings in Valero Energy by 0.8% in the third quarter. First Trust Direct Indexing L.P. now owns 10,000 shares of the oil and gas company’s stock valued at $1,417,000 after purchasing an additional 81 shares during the period. Arkadios Wealth Advisors raised its position in Valero Energy by 5.0% during the 4th quarter. Arkadios Wealth Advisors now owns 1,690 shares of the oil and gas company’s stock worth $220,000 after purchasing an additional 81 shares during the last quarter. Fulcrum Equity Management lifted its holdings in Valero Energy by 1.0% during the 4th quarter. Fulcrum Equity Management now owns 8,806 shares of the oil and gas company’s stock worth $1,145,000 after buying an additional 86 shares during the period. Finally, McIlrath & Eck LLC increased its stake in shares of Valero Energy by 40.3% in the third quarter. McIlrath & Eck LLC now owns 303 shares of the oil and gas company’s stock valued at $43,000 after buying an additional 87 shares during the period. Institutional investors own 78.69% of the company’s stock.

Valero Energy Stock Down 0.3 %

Shares of NYSE:VLO traded down $0.50 during trading on Friday, reaching $156.84. 2,356,803 shares of the stock were exchanged, compared to its average volume of 2,689,989. Valero Energy Co. has a 1-year low of $104.18 and a 1-year high of $184.79. The stock has a fifty day moving average of $163.15 and a two-hundred day moving average of $141.82. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.59 and a quick ratio of 1.10. The firm has a market cap of $52.15 billion, a price-to-earnings ratio of 7.77, a price-to-earnings-growth ratio of 1.44 and a beta of 1.55.

Valero Energy (NYSE:VLO) last released its quarterly earnings data on Thursday, April 25th. The oil and gas company reported $3.82 earnings per share for the quarter, topping the consensus estimate of $3.18 by $0.64. The firm had revenue of $31.76 billion for the quarter, compared to the consensus estimate 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 was down 12.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $8.27 earnings per share. Research analysts anticipate that Valero Energy Co. will post 18.02 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VLO has been the topic of several analyst reports. The Goldman Sachs Group upped their target price on Valero Energy from $130.00 to $171.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Wells Fargo & Company upped their price objective on shares of Valero Energy from $171.00 to $184.00 and gave the company an “equal weight” rating in a research note on Thursday, April 4th. Barclays lowered their target price on shares of Valero Energy from $179.00 to $173.00 and set an “overweight” rating for the company in a research note on Tuesday, April 30th. Raymond James increased their price target on Valero Energy from $154.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Friday, January 26th. Finally, Mizuho lowered Valero Energy from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $150.00 to $173.00 in a research report on Friday, March 22nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $174.40.

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.