One Wealth Advisors LLC Purchases 872 Shares of Valero Energy Co. (NYSE:VLO)

One Wealth Advisors LLC grew its position in Valero Energy Co. (NYSE:VLO) by 24.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,394 shares of the oil and gas company’s stock after purchasing an additional 872 shares during the period. One Wealth Advisors LLC’s holdings in Valero Energy were worth $539,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wellington Management Group LLP grew its stake in shares of Valero Energy by 4,908.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,850,526 shares of the oil and gas company’s stock worth $384,907,000 after acquiring an additional 2,793,607 shares in the last quarter. International Assets Investment Management LLC grew its position in Valero Energy by 11,318.9% in the third 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 purchasing an additional 1,066,923 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Valero Energy by 900.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 631,095 shares of the oil and gas company’s stock valued at $85,217,000 after buying an additional 568,000 shares during the last quarter. Pacer Advisors Inc. lifted its position in Valero Energy by 18.8% during the 3rd quarter. Pacer Advisors Inc. now owns 3,585,166 shares of the oil and gas company’s stock worth $484,105,000 after buying an additional 567,059 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC acquired a new position in shares of Valero Energy during the 3rd quarter worth about $70,352,000. 78.69% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on the company. Mizuho reduced their price target on Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Piper Sandler upgraded shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. Scotiabank dropped their price objective on 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. Bank of America started coverage on shares of Valero Energy in a research report on Thursday, October 17th. They set a “neutral” rating and a $150.00 price objective for the company. Finally, Citigroup dropped their price objective 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. One analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Valero Energy currently has an average rating of “Moderate Buy” and an average price target of $154.46.

Valero Energy Stock Down 1.9 %

NYSE VLO opened at $132.85 on Monday. 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 company has a market cap of $42.06 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 2.67 and a beta of 1.42. The company has a 50 day moving average of $130.83 and a 200-day moving average of $137.43. Valero Energy Co. has a 1-year low of $116.84 and a 1-year high of $184.79.

Valero Energy (NYSE:VLO) last released its earnings results on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share for the quarter, beating 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, equities research analysts expect that Valero Energy Co. will post 8.29 earnings per share for the current fiscal year.

Valero Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th will be issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from Valero Energy’s previous quarterly dividend of $1.07. Valero Energy’s dividend payout ratio is 53.30%.

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.