Valero Energy Co. (NYSE:VLO) Shares Purchased by Oakworth Capital Inc.

Oakworth Capital Inc. raised its holdings in Valero Energy Co. (NYSE:VLO) by 0.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,247 shares of the oil and gas company’s stock after purchasing an additional 176 shares during the quarter. Valero Energy comprises approximately 0.8% of Oakworth Capital Inc.’s portfolio, making the stock its 24th largest holding. Oakworth Capital Inc.’s holdings in Valero Energy were worth $10,836,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. International Private Wealth Advisors LLC increased its position in Valero Energy by 3.4% in the 2nd quarter. International Private Wealth Advisors LLC now owns 1,970 shares of the oil and gas company’s stock valued at $309,000 after acquiring an additional 65 shares during the period. OmniStar Financial Group Inc. raised its stake in shares of Valero Energy by 1.6% during the second quarter. OmniStar Financial Group Inc. now owns 4,543 shares of the oil and gas company’s stock worth $712,000 after purchasing an additional 70 shares during the last quarter. Everhart Financial Group Inc. lifted its holdings in shares of Valero Energy by 5.5% during the second quarter. Everhart Financial Group Inc. now owns 1,366 shares of the oil and gas company’s stock worth $214,000 after purchasing an additional 71 shares during the period. St. Johns Investment Management Company LLC grew its position 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 last quarter. Finally, Magnus Financial Group LLC increased its stake 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. 78.69% of the stock is owned by hedge funds and other institutional investors.

Valero Energy Trading Up 0.2 %

NYSE:VLO opened at $135.72 on Tuesday. Valero Energy Co. has a 52-week low of $119.88 and a 52-week high of $184.79. The company has a quick ratio of 1.04, a current ratio of 1.48 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $139.45 and a 200-day simple moving average of $151.06. The company has a market capitalization of $43.48 billion, a PE ratio of 7.74, a price-to-earnings-growth ratio of 3.53 and a beta of 1.39.

Valero Energy (NYSE:VLO) last announced its earnings results on Thursday, July 25th. The oil and gas company reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.60 by $0.11. The company had revenue of $34.49 billion during the quarter, compared to analysts’ expectations of $32.97 billion. Valero Energy had a net margin of 4.25% and a return on equity of 21.01%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.40 earnings per share. On average, equities research analysts expect that Valero Energy Co. will post 9.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

VLO has been the subject of several recent analyst reports. StockNews.com cut shares of Valero Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Wells Fargo & Company upgraded shares of Valero Energy from an “equal weight” rating to an “overweight” rating and reduced their price objective for the company from $172.00 to $165.00 in a research report on Wednesday, October 9th. JPMorgan Chase & Co. dropped their target price on Valero Energy from $172.00 to $151.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 2nd. BMO Capital Markets cut their target price on Valero Energy from $175.00 to $165.00 and set an “outperform” rating for the company in a research note on Friday, October 4th. Finally, Bank of America began coverage on Valero Energy in a research note on Thursday, October 17th. They issued a “neutral” rating and a $150.00 price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently 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.