Capital Advisors Inc. OK Acquires 776 Shares of Valero Energy Co. (NYSE:VLO)

Capital Advisors Inc. OK boosted its holdings in Valero Energy Co. (NYSE:VLO) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,432 shares of the oil and gas company’s stock after acquiring an additional 776 shares during the quarter. Capital Advisors Inc. OK’s holdings in Valero Energy were worth $1,279,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Quad Cities Investment Group LLC increased its stake in Valero Energy by 1.6% in the third quarter. Quad Cities Investment Group LLC now owns 4,851 shares of the oil and gas company’s stock valued at $655,000 after acquiring an additional 75 shares during the period. Providence Wealth Advisors LLC increased its stake in Valero Energy by 0.9% in the third quarter. Providence Wealth Advisors LLC now owns 8,784 shares of the oil and gas company’s stock valued at $1,169,000 after acquiring an additional 75 shares during the period. New Century Financial Group LLC increased its stake in Valero Energy by 5.0% in the third quarter. New Century Financial Group LLC now owns 1,708 shares of the oil and gas company’s stock valued at $231,000 after acquiring an additional 81 shares during the period. Segment Wealth Management LLC grew its stake in Valero Energy by 1.7% during the fourth quarter. Segment Wealth Management LLC now owns 4,947 shares of the oil and gas company’s stock worth $606,000 after buying an additional 81 shares during the last quarter. Finally, Opal Wealth Advisors LLC grew its stake in Valero Energy by 4.7% during the third quarter. Opal Wealth Advisors LLC now owns 1,834 shares of the oil and gas company’s stock worth $248,000 after buying an additional 82 shares during the last quarter. Institutional investors own 78.69% of the company’s stock.

Valero Energy Trading Up 0.1 %

Shares of NYSE VLO opened at $136.90 on Wednesday. The company’s 50 day simple moving average is $130.59 and its 200 day simple moving average is $136.90. Valero Energy Co. has a fifty-two week low of $116.84 and a fifty-two week high of $184.79. The firm has a market capitalization of $43.34 billion, a P/E ratio of 16.14, a P/E/G ratio of 2.85 and a beta of 1.42. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 1.11.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.50. Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. On average, analysts predict that Valero Energy Co. will post 7.86 EPS for the current year.

Valero Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th will be issued a $1.13 dividend. The ex-dividend date is Thursday, January 30th. This is a positive change from Valero Energy’s previous quarterly dividend of $1.07. This represents a $4.52 annualized dividend and a yield of 3.30%. Valero Energy’s dividend payout ratio (DPR) is 53.30%.

Wall Street Analysts Forecast Growth

VLO has been the topic of several research analyst reports. Piper Sandler raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. Barclays decreased their price objective on shares of Valero Energy from $146.00 to $140.00 and set an “overweight” rating on the stock in a research note on Monday, November 11th. Tudor Pickering raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Wells Fargo & Company decreased their price objective on shares of Valero Energy from $160.00 to $159.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. Finally, Citigroup decreased their price objective on shares of Valero Energy from $192.00 to $176.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $154.46.

About Valero Energy

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.