Heartland Bank & Trust Co Sells 175 Shares of Valero Energy Co. (NYSE:VLO)

Heartland Bank & Trust Co trimmed its holdings in shares of Valero Energy Co. (NYSE:VLO) by 3.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,774 shares of the oil and gas company’s stock after selling 175 shares during the period. Heartland Bank & Trust Co’s holdings in Valero Energy were worth $645,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. International Private Wealth Advisors LLC increased 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 during the period. OmniStar Financial Group Inc. increased its holdings in 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 buying an additional 70 shares during the period. Everhart Financial Group Inc. increased its holdings 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 buying an additional 71 shares during the period. St. Johns Investment Management Company LLC increased its holdings in Valero Energy by 1.4% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 5,068 shares of the oil and gas company’s stock valued at $794,000 after buying an additional 72 shares during the period. Finally, Magnus Financial Group LLC increased its holdings in Valero Energy by 4.3% in the 2nd 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.

Valero Energy Stock Down 2.1 %

Valero Energy stock opened at $132.89 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.48 and a debt-to-equity ratio of 0.34. Valero Energy Co. has a 12-month low of $119.88 and a 12-month high of $184.79. The firm’s fifty day moving average is $138.91 and its 200 day moving average is $150.60. The company has a market capitalization of $42.58 billion, a PE ratio of 7.59, a PEG ratio of 3.53 and a beta of 1.39.

Valero Energy (NYSE:VLO) last released its earnings results on Thursday, July 25th. The oil and gas company reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.60 by $0.11. Valero Energy had a net margin of 4.25% and a return on equity of 21.01%. The company had revenue of $34.49 billion for the quarter, compared to the consensus estimate of $32.97 billion. During the same quarter in the previous year, the company earned $5.40 EPS. Valero Energy’s quarterly revenue was down .1% compared to the same quarter last year. As a group, sell-side analysts predict that Valero Energy Co. will post 9.6 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on VLO shares. JPMorgan Chase & Co. decreased their target price on shares of Valero Energy from $172.00 to $151.00 and set an “overweight” rating on the stock in a report on Wednesday, October 2nd. Scotiabank reduced 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 downgraded shares of Valero Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Piper Sandler downgraded shares of Valero Energy from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $169.00 to $123.00 in a research note on Friday, September 20th. Finally, BMO Capital Markets reduced their price target on shares of Valero Energy from $175.00 to $165.00 and set an “outperform” rating on the stock in a research note on Friday, October 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $158.60.

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.