O Brien Greene & Co. Inc Acquires 1,356 Shares of Valero Energy Co. (NYSE:VLO)

O Brien Greene & Co. Inc lifted its holdings in Valero Energy Co. (NYSE:VLO) by 2.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,600 shares of the oil and gas company’s stock after buying an additional 1,356 shares during the quarter. Valero Energy comprises 2.7% of O Brien Greene & Co. Inc’s portfolio, making the stock its 14th biggest holding. O Brien Greene & Co. Inc’s holdings in Valero Energy were worth $8,402,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VLO. Dimensional Fund Advisors LP increased its stake 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 valued at $677,007,000 after acquiring an additional 237,347 shares during the last quarter. Putnam Investments LLC boosted its position in Valero Energy by 3.7% during the 4th quarter. Putnam Investments LLC now owns 3,445,821 shares of the oil and gas company’s stock worth $447,957,000 after acquiring an additional 122,207 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Valero Energy by 3.3% during 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 acquiring an additional 65,632 shares during the last quarter. Acadian Asset Management LLC boosted its position in Valero Energy by 37.6% during the 1st quarter. Acadian Asset Management LLC now owns 1,558,750 shares of the oil and gas company’s stock worth $266,040,000 after acquiring an additional 426,093 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in shares of Valero Energy by 3.6% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,548,476 shares of the oil and gas company’s stock valued at $264,309,000 after buying an additional 53,789 shares during the last quarter. 78.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. cut their price target on Valero Energy from $178.00 to $172.00 and set an “overweight” rating for the company in a report on Tuesday, July 2nd. Wells Fargo & Company raised their price target on Valero Energy from $165.00 to $172.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 3rd. The Goldman Sachs Group decreased their price target on Valero Energy from $149.00 to $131.00 and set a “sell” rating on the stock in a research report on Monday. Scotiabank lifted their target price on Valero Energy from $165.00 to $173.00 and gave the company a “sector outperform” rating in a research report on Friday, July 12th. Finally, Wolfe Research began coverage on Valero Energy in a research report on Thursday, July 18th. They issued an “outperform” rating and a $177.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $171.36.

Valero Energy Trading Up 1.6 %

Shares of VLO stock opened at $135.85 on Wednesday. The company has a market cap of $43.52 billion, a P/E ratio of 6.73, a PEG ratio of 2.72 and a beta of 1.40. The stock has a 50 day simple moving average of $146.01 and a two-hundred day simple moving average of $155.37. 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.

Valero Energy (NYSE:VLO) last released its quarterly earnings data on Thursday, July 25th. The oil and gas company reported $2.71 EPS for the quarter, beating the consensus estimate of $2.60 by $0.11. The firm had revenue of $34.49 billion during the quarter, compared to the consensus estimate of $32.97 billion. Valero Energy had a return on equity of 21.01% and a net margin of 4.25%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.40 earnings per share. Research analysts forecast that Valero Energy Co. will post 12.3 earnings per share for the current year.

Valero Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 1st were issued a dividend of $1.07 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $4.28 annualized dividend and a yield of 3.15%. Valero Energy’s dividend payout ratio (DPR) is currently 21.20%.

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.