Valero Energy Co. (NYSE:VLO) Shares Purchased by Hudson Capital Management LLC

Hudson Capital Management LLC increased its position in shares of Valero Energy Co. (NYSE:VLO) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,792 shares of the oil and gas company’s stock after purchasing an additional 1,937 shares during the period. Hudson Capital Management LLC’s holdings in Valero Energy were worth $3,897,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VLO. Wellington Management Group LLP increased its holdings in Valero Energy by 4,908.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,850,526 shares of the oil and gas company’s stock valued at $384,907,000 after acquiring an additional 2,793,607 shares in the last quarter. International Assets Investment Management LLC lifted its position in Valero Energy by 11,318.9% during the third quarter. International Assets Investment Management LLC now owns 1,076,349 shares of the oil and gas company’s stock valued at $145,339,000 after buying an additional 1,066,923 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Valero Energy by 900.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 631,095 shares of the oil and gas company’s stock valued at $85,217,000 after purchasing an additional 568,000 shares during the period. Pacer Advisors Inc. increased its stake in shares of Valero Energy by 18.8% in the third quarter. Pacer Advisors Inc. now owns 3,585,166 shares of the oil and gas company’s stock worth $484,105,000 after buying an additional 567,059 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC bought a new stake in shares of Valero Energy in the third quarter worth $70,352,000. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Valero Energy Stock Down 3.2 %

VLO stock opened at $135.00 on Thursday. Valero Energy Co. has a fifty-two week low of $116.84 and a fifty-two week high of $184.79. The business’s 50 day moving average price is $131.36 and its two-hundred day moving average price is $137.98. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.57. The company has a market capitalization of $42.74 billion, a price-to-earnings ratio of 12.11, a price-to-earnings-growth ratio of 2.90 and a beta of 1.42.

Valero Energy (NYSE:VLO) last released its quarterly earnings results on Thursday, October 24th. The oil and gas company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.16. The firm had revenue of $32.88 billion for the quarter, compared to analysts’ expectations of $31.04 billion. Valero Energy had a return on equity of 13.07% and a net margin of 2.74%. The company’s revenue was down 14.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.49 EPS. As a group, analysts forecast that Valero Energy Co. will post 7.93 earnings per share for the current fiscal year.

Valero Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date is Thursday, January 30th. This is a positive change from Valero Energy’s previous quarterly dividend of $1.07. Valero Energy’s dividend payout ratio is presently 38.39%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VLO. Mizuho reduced their price target on shares of Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company lowered 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. TD Cowen cut their target price on Valero Energy from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Scotiabank reduced their target price on Valero Energy from $173.00 to $141.00 and set a “sector outperform” rating on the stock in a report on Thursday, October 10th. Finally, BMO Capital Markets dropped their target price on Valero Energy from $175.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, October 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $154.57.

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.