Generali Investments Towarzystwo Funduszy Inwestycyjnych Has $190,000 Stock Position in Valero Energy Co. (NYSE:VLO)

Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its holdings in shares of Valero Energy Co. (NYSE:VLO) by 6.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,550 shares of the oil and gas company’s stock after buying an additional 100 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Valero Energy were worth $190,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of VLO. New Wave Wealth Advisors LLC acquired a new position in Valero Energy in the 4th quarter worth about $25,000. Peterson Financial Group Inc. bought a new position in Valero Energy in the third quarter worth approximately $28,000. Tobam bought a new position in Valero Energy in the fourth quarter worth approximately $30,000. True Wealth Design LLC boosted its holdings in Valero Energy by 196.8% in the third quarter. True Wealth Design LLC now owns 276 shares of the oil and gas company’s stock worth $37,000 after acquiring an additional 183 shares in the last quarter. Finally, Harbor Capital Advisors Inc. bought a new position in Valero Energy in the third quarter worth approximately $38,000. Institutional investors and hedge funds own 78.69% of the company’s stock.

Analyst Ratings Changes

VLO has been the subject of several analyst reports. Wells Fargo & Company lowered their price objective on Valero Energy from $160.00 to $159.00 and set an “overweight” rating for the company in a research note on Friday, January 31st. Barclays decreased their target price on Valero Energy from $146.00 to $140.00 and set an “overweight” rating for the company in a research report on Monday, November 11th. Mizuho decreased their target price 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. Piper Sandler raised Valero Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Finally, Tudor Pickering raised Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $154.46.

Valero Energy Stock Down 0.4 %

VLO opened at $129.65 on Friday. Valero Energy Co. has a 12 month low of $116.84 and a 12 month high of $184.79. The company has a market cap of $41.04 billion, a P/E ratio of 15.29, a P/E/G ratio of 2.93 and a beta of 1.42. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average price is $131.82 and its 200-day moving average price is $135.37.

Valero Energy (NYSE:VLO) last announced its earnings results 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%. On average, equities analysts expect that Valero Energy Co. will post 7.92 EPS for the current year.

Valero Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th will be given a dividend of $1.13 per share. This is a positive change from Valero Energy’s previous quarterly dividend of $1.07. The ex-dividend date is Thursday, January 30th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.49%. Valero Energy’s dividend payout ratio (DPR) is presently 53.30%.

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.