Valero Energy Co. (NYSE:VLO) Stock Position Increased by Captrust Financial Advisors

Captrust Financial Advisors grew its position in Valero Energy Co. (NYSE:VLO) by 7.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 89,762 shares of the oil and gas company’s stock after purchasing an additional 6,278 shares during the period. Captrust Financial Advisors’ holdings in Valero Energy were worth $12,121,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in VLO. EdgeRock Capital LLC acquired a new stake in Valero Energy in the second quarter worth about $27,000. Peterson Financial Group Inc. acquired a new stake in shares of Valero Energy in the 3rd quarter worth approximately $28,000. Lynx Investment Advisory bought a new position in shares of Valero Energy in the second quarter valued at approximately $29,000. Summit Securities Group LLC acquired a new position in shares of Valero Energy during the second quarter valued at approximately $31,000. Finally, Compagnie Lombard Odier SCmA bought a new stake in Valero Energy during the third quarter worth approximately $34,000. Institutional investors and hedge funds own 78.69% of the company’s stock.

Valero Energy Stock Up 0.4 %

NYSE:VLO opened at $139.08 on Monday. Valero Energy Co. has a 1-year low of $120.21 and a 1-year high of $184.79. The firm has a market capitalization of $44.03 billion, a price-to-earnings ratio of 12.47, a PEG ratio of 2.60 and a beta of 1.39. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The business’s fifty day moving average price is $136.92 and its 200 day moving average price is $145.19.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, October 24th. The oil and gas company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.16. The business had revenue of $32.88 billion during the quarter, compared to analyst estimates of $31.04 billion. Valero Energy had a net margin of 2.74% and a return on equity of 13.07%. The firm’s revenue was down 14.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.49 earnings per share. On average, sell-side analysts forecast that Valero Energy Co. will post 8.92 earnings per share for the current fiscal year.

Valero Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Wednesday, November 20th will be paid a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend is Wednesday, November 20th. Valero Energy’s dividend payout ratio (DPR) is presently 38.39%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. TD Cowen lowered their price target on Valero Energy from $145.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Mizuho lowered their target price on Valero Energy from $175.00 to $171.00 and set an “outperform” rating on the stock in a report on Monday, September 16th. Citigroup dropped their price target on shares of Valero Energy from $192.00 to $176.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Barclays reduced their price objective on shares of Valero Energy from $146.00 to $140.00 and set an “overweight” rating for the company in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. dropped 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. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Valero Energy has an average rating of “Moderate Buy” and an average target price of $155.86.

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.