Compass Wealth Management LLC Buys 1,000 Shares of Valero Energy Co. (NYSE:VLO)

Compass Wealth Management LLC grew its stake in Valero Energy Co. (NYSE:VLO) by 42.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,338 shares of the oil and gas company’s stock after buying an additional 1,000 shares during the period. Compass Wealth Management LLC’s holdings in Valero Energy were worth $451,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VLO. Ameriprise Financial Inc. grew its position in Valero Energy by 2.8% in the second quarter. Ameriprise Financial Inc. now owns 6,956,743 shares of the oil and gas company’s stock worth $1,090,532,000 after acquiring an additional 192,397 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Valero Energy by 5.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,319,436 shares of the oil and gas company’s stock worth $677,007,000 after purchasing an additional 237,347 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of Valero Energy by 1.9% during the 2nd quarter. Pacer Advisors Inc. now owns 3,018,107 shares of the oil and gas company’s stock valued at $473,118,000 after purchasing an additional 56,989 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Valero Energy by 3.0% during the 2nd quarter. Legal & General Group Plc now owns 2,809,355 shares of the oil and gas company’s stock valued at $440,394,000 after buying an additional 82,539 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in Valero Energy by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,063,923 shares of the oil and gas company’s stock worth $352,292,000 after buying an additional 65,632 shares during the last quarter. Institutional investors own 78.69% of the company’s stock.

Valero Energy Price Performance

Shares of VLO stock opened at $136.65 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.04 and a current ratio of 1.48. Valero Energy Co. has a fifty-two week low of $119.88 and a fifty-two week high of $184.79. The firm has a market cap of $43.78 billion, a P/E ratio of 7.81, a P/E/G ratio of 3.75 and a beta of 1.39. The business’s 50 day moving average price is $140.05 and its 200-day moving average price is $152.01.

Valero Energy (NYSE:VLO) last released its quarterly earnings results on Thursday, July 25th. The oil and gas company reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.60 by $0.11. Valero Energy had a net margin of 4.25% and a return on equity of 21.01%. The business had revenue of $34.49 billion for the quarter, compared to analysts’ expectations of $32.97 billion. During the same quarter in the previous year, the business posted $5.40 earnings per share. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. On average, equities research analysts anticipate that Valero Energy Co. will post 9.41 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on VLO. Scotiabank decreased their price target on shares of Valero Energy from $173.00 to $141.00 and set a “sector outperform” rating on the stock in a research note on Thursday, October 10th. StockNews.com cut shares of Valero Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Wolfe Research started coverage on shares of Valero Energy in a research report on Thursday, July 18th. They set an “outperform” rating and a $177.00 price target for the company. BMO Capital Markets decreased their price objective on Valero Energy from $175.00 to $165.00 and set an “outperform” rating on the stock in a report on Friday, October 4th. Finally, Wells Fargo & Company raised Valero Energy from an “equal weight” rating to an “overweight” rating and lowered their target price for the company from $172.00 to $165.00 in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $158.60.

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.