Capula Management Ltd Makes New $5.43 Million Investment in Valaris Limited $VAL

Capula Management Ltd bought a new stake in Valaris Limited (NYSE:VAL) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 55,415 shares of the company’s stock, valued at approximately $5,433,000.

Several other hedge funds and other institutional investors also recently modified their holdings of VAL. Wexford Capital LP bought a new position in shares of Valaris in the 3rd quarter valued at $41,000. Signaturefd LLC lifted its position in shares of Valaris by 22.1% during the 4th quarter. Signaturefd LLC now owns 1,133 shares of the company’s stock worth $57,000 after buying an additional 205 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Valaris by 240.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock worth $78,000 after buying an additional 1,308 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in Valaris in the fourth quarter valued at about $99,000. Finally, Parallel Advisors LLC boosted its stake in Valaris by 33.5% in the first quarter. Parallel Advisors LLC now owns 1,065 shares of the company’s stock valued at $104,000 after buying an additional 267 shares in the last quarter. Institutional investors own 96.74% of the company’s stock.

Valaris Trading Up 0.6%

NYSE VAL opened at $79.29 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.34. Valaris Limited has a twelve month low of $43.53 and a twelve month high of $114.12. The company has a market cap of $5.49 billion, a price-to-earnings ratio of 5.55 and a beta of 0.93. The business’s fifty day moving average is $85.40 and its 200 day moving average is $84.47.

Valaris (NYSE:VAL) last issued its earnings results on Monday, May 4th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.19). The firm had revenue of $465.40 million during the quarter, compared to analyst estimates of $443.75 million. Valaris had a return on equity of 12.31% and a net margin of 45.37%.Valaris’s revenue for the quarter was down 25.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.53) EPS. As a group, sell-side analysts expect that Valaris Limited will post 3.18 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on VAL. Susquehanna lowered their target price on Valaris from $98.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, July 8th. Weiss Ratings downgraded shares of Valaris from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $60.31.

Valaris Company Profile

Valaris PLC is a leading provider of offshore drilling services to the global energy industry. The company operates a diverse fleet of mobile offshore drilling units, including drillships, semisubmersibles and jackup rigs, designed to support exploration and production activities in deepwater, ultra-deepwater and harsh‐environment settings. Valaris serves a wide range of international oil and gas customers, offering turnkey drilling solutions, project management and advanced technology integration to enhance operational efficiency and safety.

Headquartered in Houston, Texas, Valaris maintains a significant presence in key offshore basins around the world.