WINTON GROUP Ltd Has $6.67 Million Holdings in Valero Energy Co. (NYSE:VLO)

WINTON GROUP Ltd raised its position in shares of Valero Energy Co. (NYSE:VLO) by 1,816.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,432 shares of the oil and gas company’s stock after acquiring an additional 51,592 shares during the period. WINTON GROUP Ltd’s holdings in Valero Energy were worth $6,673,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Quest Partners LLC bought a new stake in shares of Valero Energy during the 3rd quarter valued at approximately $134,000. Summit Trail Advisors LLC grew its holdings in Valero Energy by 9.2% during the third quarter. Summit Trail Advisors LLC now owns 3,597 shares of the oil and gas company’s stock worth $486,000 after buying an additional 302 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Valero Energy by 10.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 39,708 shares of the oil and gas company’s stock worth $5,362,000 after buying an additional 3,829 shares in the last quarter. Fisher Asset Management LLC boosted its stake in shares of Valero Energy by 89.1% in the 3rd quarter. Fisher Asset Management LLC now owns 16,855 shares of the oil and gas company’s stock worth $2,276,000 after buying an additional 7,942 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Valero Energy in the third quarter valued at approximately $1,077,000. Institutional investors own 78.69% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on VLO. Tudor Pickering raised Valero Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Piper Sandler reduced their price target on shares of Valero Energy from $149.00 to $144.00 and set an “overweight” rating for the company in a research report on Friday, March 7th. Mizuho decreased their price objective on shares of Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Finally, Wells Fargo & Company dropped their target price on shares of Valero Energy from $160.00 to $159.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Valero Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.67.

Valero Energy Stock Performance

Shares of VLO opened at $134.50 on Thursday. 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 stock has a market capitalization of $42.36 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 2.93 and a beta of 1.36. Valero Energy Co. has a 52-week low of $116.84 and a 52-week high of $184.79. The stock’s 50-day simple moving average is $133.81 and its 200 day simple moving average is $133.35.

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

Valero Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th were issued a $1.13 dividend. The ex-dividend date was Thursday, January 30th. This represents a $4.52 annualized dividend and a dividend yield of 3.36%. This is a boost from Valero Energy’s previous quarterly dividend of $1.07. Valero Energy’s dividend payout ratio is presently 53.30%.

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.