907 Shares in Valero Energy Corporation $VLO Bought by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC acquired a new stake in shares of Valero Energy Corporation (NYSE:VLO) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 907 shares of the oil and gas company’s stock, valued at approximately $122,000.

Several other institutional investors have also recently made changes to their positions in the stock. Broadway Wealth Solutions Inc. raised its holdings in shares of Valero Energy by 3.8% during the second quarter. Broadway Wealth Solutions Inc. now owns 1,864 shares of the oil and gas company’s stock valued at $251,000 after purchasing an additional 69 shares during the period. Park Place Capital Corp raised its holdings in shares of Valero Energy by 21.8% in the 2nd quarter. Park Place Capital Corp now owns 419 shares of the oil and gas company’s stock worth $58,000 after acquiring an additional 75 shares during the last quarter. Pinnacle Wealth Planning Services Inc. raised its holdings in shares of Valero Energy by 1.4% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 5,541 shares of the oil and gas company’s stock worth $732,000 after acquiring an additional 78 shares during the last quarter. Summit Financial LLC raised its holdings in shares of Valero Energy by 4.6% in the 1st quarter. Summit Financial LLC now owns 1,812 shares of the oil and gas company’s stock worth $239,000 after acquiring an additional 79 shares during the last quarter. Finally, Keeley Teton Advisors LLC raised its holdings in shares of Valero Energy by 1.1% in the 1st quarter. Keeley Teton Advisors LLC now owns 7,764 shares of the oil and gas company’s stock worth $1,025,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 78.69% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Wolfe Research lowered shares of Valero Energy from an “outperform” rating to a “peer perform” rating in a report on Monday, July 14th. Raymond James Financial restated a “strong-buy” rating and issued a $195.00 target price (up previously from $181.00) on shares of Valero Energy in a report on Friday. Mizuho upped their target price on shares of Valero Energy from $166.00 to $190.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Citigroup lowered shares of Valero Energy from a “buy” rating to a “neutral” rating and upped their target price for the stock from $134.00 to $150.00 in a report on Wednesday, July 16th. Finally, JPMorgan Chase & Co. upped their target price on shares of Valero Energy from $177.00 to $197.00 and gave the stock an “overweight” rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Valero Energy presently has an average rating of “Moderate Buy” and an average price target of $179.27.

Valero Energy Trading Down 1.3%

Shares of VLO stock opened at $170.92 on Friday. Valero Energy Corporation has a 52-week low of $99.00 and a 52-week high of $178.43. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.11 and a current ratio of 1.62. The company has a 50-day simple moving average of $158.99 and a two-hundred day simple moving average of $140.88. The company has a market capitalization of $53.10 billion, a price-to-earnings ratio of 35.68, a PEG ratio of 1.92 and a beta of 1.05.

Valero Energy (NYSE:VLO) last issued its quarterly earnings data on Thursday, October 23rd. The oil and gas company reported $3.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.51. Valero Energy had a net margin of 1.21% and a return on equity of 8.68%. The business had revenue of $32.17 billion during the quarter, compared to the consensus estimate of $28.80 billion. During the same period in the prior year, the firm posted $1.14 EPS. The firm’s quarterly revenue was down 2.2% compared to the same quarter last year. Research analysts anticipate that Valero Energy Corporation will post 7.92 EPS for the current fiscal year.

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.