2,034 Shares in Valero Energy Co. (NYSE:VLO) Bought by RWA Wealth Partners LLC

RWA Wealth Partners LLC purchased a new position in Valero Energy Co. (NYSE:VLO) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,034 shares of the oil and gas company’s stock, valued at approximately $264,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BKM Wealth Management LLC purchased a new stake in Valero Energy in the 4th quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Valero Energy during the 3rd quarter worth $28,000. Wetzel Investment Advisors Inc. acquired a new stake in Valero Energy during the 4th quarter worth $36,000. FSC Wealth Advisors LLC acquired a new stake in Valero Energy during the 4th quarter worth $38,000. Finally, Authentikos Wealth Advisory LLC acquired a new stake in Valero Energy during the 3rd quarter worth $42,000. Hedge funds and other institutional investors own 78.69% of the company’s stock.

Valero Energy Stock Performance

Shares of VLO opened at $167.13 on Friday. The stock has a 50 day moving average price of $160.54 and a 200 day moving average price of $140.34. 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 company has a market capitalization of $55.57 billion, a price-to-earnings ratio of 6.76, a price-to-earnings-growth ratio of 1.52 and a beta of 1.54. Valero Energy Co. has a 52-week low of $104.18 and a 52-week high of $184.79.

Valero Energy (NYSE:VLO) last announced its quarterly earnings results on Thursday, January 25th. The oil and gas company reported $3.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.95 by $0.60. The firm had revenue of $35.41 billion during the quarter, compared to the consensus estimate of $34.76 billion. Valero Energy had a return on equity of 31.62% and a net margin of 6.10%. The firm’s quarterly revenue was down 15.2% compared to the same quarter last year. During the same period in the prior year, the company posted $8.45 earnings per share. Research analysts predict that Valero Energy Co. will post 18.31 EPS for the current fiscal year.

Analysts Set New Price Targets

VLO has been the topic of several recent research reports. Barclays lifted their target price on shares of Valero Energy from $149.00 to $179.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 3rd. The Goldman Sachs Group boosted their price target on shares of Valero Energy from $130.00 to $171.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. Citigroup boosted their price target on shares of Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Scotiabank boosted their price target on shares of Valero Energy from $138.00 to $165.00 and gave the company a “sector outperform” rating in a research report on Thursday, April 11th. Finally, TD Cowen boosted their price target on shares of Valero Energy from $175.00 to $190.00 and gave the company a “buy” rating in a research report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $173.63.

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.