3,030 Shares in Valero Energy Co. (NYSE:VLO) Acquired by Daner Wealth Management LLC

Daner Wealth Management LLC purchased a new position in shares of Valero Energy Co. (NYSE:VLO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,030 shares of the oil and gas company’s stock, valued at approximately $410,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VLO. New Wave Wealth Advisors LLC bought a new stake in Valero Energy during the 4th quarter valued at $25,000. Peterson Financial Group Inc. bought a new stake in Valero Energy during the 3rd quarter valued at $28,000. Tobam bought a new stake in Valero Energy during the 4th quarter valued at $30,000. True Wealth Design LLC raised its position in shares of Valero Energy by 196.8% in the 3rd quarter. True Wealth Design LLC now owns 276 shares of the oil and gas company’s stock worth $37,000 after acquiring an additional 183 shares in the last quarter. Finally, Harbor Capital Advisors Inc. bought a new position in shares of Valero Energy in the 3rd quarter worth $38,000. 78.69% of the stock is owned by institutional investors.

Valero Energy Stock Down 1.1 %

Valero Energy stock opened at $133.62 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.57. The business’s 50-day simple moving average is $131.44 and its two-hundred day simple moving average is $135.45. The company has a market cap of $42.30 billion, a PE ratio of 15.76, a PEG ratio of 2.93 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.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.50. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. Equities analysts anticipate that Valero Energy Co. will post 7.92 EPS for the current year.

Valero Energy Increases Dividend

The company 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 dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 3.38%. 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 payout ratio is presently 53.30%.

Analysts Set New Price Targets

VLO has been the subject of several recent research reports. Wells Fargo & Company reduced their price target on Valero Energy from $160.00 to $159.00 and set an “overweight” rating for the company in a research report on Friday, January 31st. Piper Sandler raised Valero Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 10th. 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. Barclays reduced their price target on 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, Tudor Pickering raised Valero Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.46.

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.