Valero Energy Co. (NYSE:VLO) Shares Sold by Aquatic Capital Management LLC

Aquatic Capital Management LLC decreased its holdings in shares of Valero Energy Co. (NYSE:VLO) by 97.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 4,305 shares of the oil and gas company’s stock after selling 138,895 shares during the period. Aquatic Capital Management LLC’s holdings in Valero Energy were worth $528,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VLO. New Wave Wealth Advisors LLC acquired a new position in Valero Energy in the 4th quarter worth approximately $25,000. Tobam acquired a new stake in shares of Valero Energy in the fourth quarter valued at about $30,000. OFI Invest Asset Management purchased a new stake in shares of Valero Energy during the fourth quarter worth $37,000. Golden State Wealth Management LLC acquired a new position in shares of Valero Energy during the 4th quarter worth approximately $38,000. Finally, Creative Capital Management Investments LLC increased its stake in shares of Valero Energy by 122.0% in the 4th quarter. Creative Capital Management Investments LLC now owns 333 shares of the oil and gas company’s stock worth $41,000 after acquiring an additional 183 shares during the last quarter. Hedge funds and other institutional investors own 78.69% of the company’s stock.

Valero Energy Price Performance

Shares of VLO opened at $114.77 on Friday. The stock’s 50 day moving average is $121.41 and its two-hundred day moving average is $129.15. Valero Energy Co. has a twelve month low of $99.00 and a twelve month high of $167.78. The firm has a market capitalization of $36.15 billion, a PE ratio of 13.53, a P/E/G ratio of 2.93 and a beta of 1.17. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35.

Valero Energy (NYSE:VLO) last issued its earnings results on Thursday, April 24th. The oil and gas company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.16 by ($0.27). The company had revenue of $28.76 billion for the quarter, compared to analyst estimates of $28.54 billion. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.82 earnings per share. Research analysts anticipate that Valero Energy Co. will post 7.92 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Wells Fargo & Company reduced their price target on shares of Valero Energy from $160.00 to $159.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. TD Cowen lowered their price objective on shares of Valero Energy from $121.00 to $118.00 and set a “buy” rating for the company in a research note on Friday, April 25th. Scotiabank cut their price target on Valero Energy from $156.00 to $136.00 and set a “sector outperform” rating on the stock in a report on Friday, April 11th. JPMorgan Chase & Co. dropped their price objective on shares of Valero Energy from $152.00 to $147.00 and set an “overweight” rating on the stock in a research report on Monday. Finally, The Goldman Sachs Group raised Valero Energy from a “sell” rating to a “neutral” rating and raised their target price for the stock from $115.00 to $127.00 in a research report on Monday. Four investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $149.80.

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.