Foster & Motley Inc. Purchases 1,758 Shares of Valero Energy Co. (NYSE:VLO)

Foster & Motley Inc. boosted its holdings in Valero Energy Co. (NYSE:VLO) by 15.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,781 shares of the oil and gas company’s stock after acquiring an additional 1,758 shares during the quarter. Foster & Motley Inc.’s holdings in Valero Energy were worth $1,662,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VLO. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Valero Energy during the third quarter valued at about $28,000. BKM Wealth Management LLC bought a new position in Valero Energy in the 4th quarter valued at about $26,000. Wetzel Investment Advisors Inc. acquired a new position in Valero Energy during the 4th quarter valued at about $36,000. FSC Wealth Advisors LLC bought a new stake in Valero Energy during the 4th quarter worth approximately $38,000. Finally, Authentikos Wealth Advisory LLC purchased a new stake in shares of Valero Energy in the third quarter worth approximately $42,000. Institutional investors own 78.69% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on VLO. UBS Group lifted their target price on Valero Energy from $167.00 to $197.00 and gave the company a “buy” rating in a research report on Tuesday, March 26th. Citigroup lifted their price objective on shares of Valero Energy from $160.00 to $192.00 and gave the stock a “buy” rating in a report on Thursday, April 18th. Mizuho downgraded shares of Valero Energy from a “buy” rating to a “neutral” rating and increased their target price for the company from $150.00 to $173.00 in a report on Friday, March 22nd. Raymond James raised their price target on shares of Valero Energy from $154.00 to $155.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. Finally, Piper Sandler upped their price objective on shares of Valero Energy from $161.00 to $198.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $173.63.

Valero Energy Trading Down 0.8 %

Shares of VLO stock opened at $164.59 on Tuesday. The company has a quick ratio of 1.11, a current ratio of 1.56 and a debt-to-equity ratio of 0.35. The firm has a market cap of $54.72 billion, a P/E ratio of 6.71, a PEG ratio of 1.50 and a beta of 1.54. The company has a 50 day moving average of $159.00 and a 200-day moving average of $139.68. Valero Energy Co. has a 12-month low of $104.18 and a 12-month high of $184.79.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, January 25th. The oil and gas company reported $3.55 earnings per share for the quarter, beating the consensus estimate of $2.95 by $0.60. The business had revenue of $35.41 billion during the quarter, compared to analyst estimates of $34.76 billion. Valero Energy had a return on equity of 31.62% and a net margin of 6.10%. Valero Energy’s revenue was down 15.2% compared to the same quarter last year. During the same period in the prior year, the company earned $8.45 earnings per share. Sell-side analysts anticipate that Valero Energy Co. will post 18.25 earnings per share for the current 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.