Roman Butler Fullerton & Co. Has $1.21 Million Stock Holdings in Valero Energy Co. (NYSE:VLO)

Roman Butler Fullerton & Co. raised its stake in Valero Energy Co. (NYSE:VLO) by 6.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,972 shares of the oil and gas company’s stock after purchasing an additional 526 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Valero Energy were worth $1,208,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VLO. International Private Wealth Advisors LLC raised its position in Valero Energy by 3.4% during the second quarter. International Private Wealth Advisors LLC now owns 1,970 shares of the oil and gas company’s stock worth $309,000 after acquiring an additional 65 shares in the last quarter. OmniStar Financial Group Inc. raised its holdings in shares of Valero Energy by 1.6% in the 2nd quarter. OmniStar Financial Group Inc. now owns 4,543 shares of the oil and gas company’s stock valued at $712,000 after purchasing an additional 70 shares during the period. Everhart Financial Group Inc. lifted its stake in Valero Energy by 5.5% in the 2nd quarter. Everhart Financial Group Inc. now owns 1,366 shares of the oil and gas company’s stock valued at $214,000 after purchasing an additional 71 shares during the last quarter. St. Johns Investment Management Company LLC increased its position in Valero Energy by 1.4% during the second quarter. St. Johns Investment Management Company LLC now owns 5,068 shares of the oil and gas company’s stock worth $794,000 after buying an additional 72 shares during the last quarter. Finally, Magnus Financial Group LLC raised its stake in Valero Energy by 4.3% in the second quarter. Magnus Financial Group LLC now owns 1,752 shares of the oil and gas company’s stock valued at $275,000 after buying an additional 73 shares during the period. Institutional investors own 78.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on VLO shares. Bank of America began coverage on Valero Energy in a report on Thursday, October 17th. They set a “neutral” rating and a $150.00 target price on the stock. Wells Fargo & Company upgraded shares of Valero Energy from an “equal weight” rating to an “overweight” rating and decreased their price objective for the company from $172.00 to $165.00 in a report on Wednesday, October 9th. Citigroup cut their target price on shares of Valero Energy from $192.00 to $176.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Wolfe Research started coverage on shares of Valero Energy in a research note on Thursday, July 18th. They issued an “outperform” rating and a $177.00 price target on the stock. Finally, JPMorgan Chase & Co. cut their price objective on shares of Valero Energy from $172.00 to $151.00 and set an “overweight” rating for the company in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $156.29.

Valero Energy Price Performance

Shares of NYSE VLO opened at $128.22 on Monday. The business has a fifty day moving average price of $136.69 and a two-hundred day moving average price of $148.29. The stock has a market capitalization of $41.08 billion, a PE ratio of 11.50, a P/E/G ratio of 2.32 and a beta of 1.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 1.04. Valero Energy Co. has a fifty-two week low of $119.88 and a fifty-two week high of $184.79.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, October 24th. The oil and gas company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.16. The business had revenue of $32.88 billion during the quarter, compared to the consensus estimate of $31.04 billion. Valero Energy had a return on equity of 13.07% and a net margin of 2.74%. Valero Energy’s revenue for the quarter was down 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $7.49 earnings per share. As a group, equities analysts predict that Valero Energy Co. will post 9.32 earnings per share for the current fiscal year.

Valero Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Wednesday, November 20th will be given a dividend of $1.07 per share. The ex-dividend date is Wednesday, November 20th. This represents a $4.28 annualized dividend and a dividend yield of 3.34%. Valero Energy’s dividend payout ratio is 38.39%.

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.