Park Capital Management LLC WI Acquires New Holdings in Valero Energy Co. (NYSE:VLO)

Park Capital Management LLC WI acquired a new stake in Valero Energy Co. (NYSE:VLO) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,806 shares of the oil and gas company’s stock, valued at approximately $467,000.

Other institutional investors have also made changes to their positions in the company. Quad Cities Investment Group LLC grew its holdings in Valero Energy by 1.6% in the 3rd quarter. Quad Cities Investment Group LLC now owns 4,851 shares of the oil and gas company’s stock valued at $655,000 after buying an additional 75 shares during the last quarter. Providence Wealth Advisors LLC grew its holdings in Valero Energy by 0.9% in the 3rd quarter. Providence Wealth Advisors LLC now owns 8,784 shares of the oil and gas company’s stock valued at $1,169,000 after buying an additional 75 shares during the last quarter. New Century Financial Group LLC grew its holdings in shares of Valero Energy by 5.0% during the 3rd quarter. New Century Financial Group LLC now owns 1,708 shares of the oil and gas company’s stock worth $231,000 after purchasing an additional 81 shares in the last quarter. Segment Wealth Management LLC grew its holdings in shares of Valero Energy by 1.7% during the 4th quarter. Segment Wealth Management LLC now owns 4,947 shares of the oil and gas company’s stock worth $606,000 after purchasing an additional 81 shares in the last quarter. Finally, Opal Wealth Advisors LLC grew its holdings in shares of Valero Energy by 4.7% during the 3rd quarter. Opal Wealth Advisors LLC now owns 1,834 shares of the oil and gas company’s stock worth $248,000 after purchasing an additional 82 shares in the last quarter. 78.69% of the stock is owned by institutional investors.

Valero Energy Trading Down 4.3 %

VLO stock opened at $130.95 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35. Valero Energy Co. has a twelve month low of $116.84 and a twelve month high of $184.79. The business has a fifty day moving average of $130.58 and a 200-day moving average of $136.75. The company has a market cap of $41.46 billion, a P/E ratio of 15.44, a PEG ratio of 2.85 and a beta of 1.42.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.50. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. As a group, equities research analysts expect that Valero Energy Co. will post 7.86 EPS for the current year.

Valero Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 3.45%. This is a boost from Valero Energy’s previous quarterly dividend of $1.07. The ex-dividend date of this dividend is Thursday, January 30th. Valero Energy’s payout ratio is presently 53.30%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VLO. Bank of America assumed coverage on Valero Energy in a report on Thursday, October 17th. They set a “neutral” rating and a $150.00 price objective on the stock. Piper Sandler raised Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. TD Cowen decreased their price target on Valero Energy from $145.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Mizuho cut their price objective 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. Finally, Wells Fargo & Company cut their price objective 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. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Valero Energy currently has a consensus rating of “Moderate Buy” and an average target price of $154.46.

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.