Bryn Mawr Capital Management LLC Sells 1,025 Shares of Valero Energy Co. (NYSE:VLO)

Bryn Mawr Capital Management LLC decreased its position in Valero Energy Co. (NYSE:VLO) by 26.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,900 shares of the oil and gas company’s stock after selling 1,025 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Valero Energy were worth $355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VLO. Greenleaf Trust raised its stake in shares of Valero Energy by 9.6% during the third quarter. Greenleaf Trust now owns 6,647 shares of the oil and gas company’s stock worth $898,000 after buying an additional 582 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of Valero Energy by 11,318.9% during the 3rd 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 acquiring an additional 1,066,923 shares during the last quarter. DT Investment Partners LLC lifted its stake in shares of Valero Energy by 34.6% in the 3rd quarter. DT Investment Partners LLC now owns 478 shares of the oil and gas company’s stock valued at $65,000 after purchasing an additional 123 shares during the period. Mount Yale Investment Advisors LLC boosted its position in shares of Valero Energy by 76.0% in the 3rd quarter. Mount Yale Investment Advisors LLC now owns 8,333 shares of the oil and gas company’s stock worth $1,125,000 after purchasing an additional 3,598 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its stake in shares of Valero Energy by 306.0% during the third quarter. Silver Oak Securities Incorporated now owns 6,070 shares of the oil and gas company’s stock worth $825,000 after purchasing an additional 4,575 shares during the period. 78.69% of the stock is owned by institutional investors.

Valero Energy Stock Down 3.2 %

VLO stock opened at $134.67 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 1.11. The stock has a market capitalization of $42.63 billion, a P/E ratio of 15.88, a P/E/G ratio of 2.89 and a beta of 1.42. Valero Energy Co. has a fifty-two week low of $116.84 and a fifty-two week high of $184.79. The business has a 50-day moving average of $131.06 and a 200-day moving average of $135.87.

Valero Energy (NYSE:VLO) last released its quarterly earnings results on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.50. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. On average, sell-side analysts anticipate that Valero Energy Co. will post 7.92 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 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 3.36%. The ex-dividend date of this dividend is Thursday, January 30th. Valero Energy’s payout ratio is presently 53.30%.

Analysts Set New Price Targets

Several research firms have weighed in on VLO. Citigroup cut their target price on Valero Energy from $192.00 to $176.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Wells Fargo & Company cut their price target on shares of Valero Energy from $160.00 to $159.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. TD Cowen lowered their target price on shares of Valero Energy from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Tudor Pickering raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, Mizuho lowered their price objective on shares of Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.