Valero Energy Co. (NYSE:VLO) Shares Bought by Catalyst Financial Partners LLC

Catalyst Financial Partners LLC raised its holdings in Valero Energy Co. (NYSE:VLO) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,076 shares of the oil and gas company’s stock after buying an additional 87 shares during the period. Catalyst Financial Partners LLC’s holdings in Valero Energy were worth $270,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VLO. Cutter & CO Brokerage Inc. grew its holdings in shares of Valero Energy by 2.4% during the fourth quarter. Cutter & CO Brokerage Inc. now owns 4,981 shares of the oil and gas company’s stock worth $648,000 after purchasing an additional 116 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Valero Energy by 5.8% during the third quarter. Deutsche Bank AG now owns 1,005,346 shares of the oil and gas company’s stock worth $142,468,000 after purchasing an additional 55,351 shares during the last quarter. Stiles Financial Services Inc grew its holdings in shares of Valero Energy by 49.7% during the fourth quarter. Stiles Financial Services Inc now owns 7,615 shares of the oil and gas company’s stock worth $991,000 after purchasing an additional 2,529 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of Valero Energy by 14.0% during the fourth quarter. Pacer Advisors Inc. now owns 2,788,994 shares of the oil and gas company’s stock worth $362,569,000 after purchasing an additional 342,218 shares during the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Valero Energy by 3.0% during the fourth quarter. Nordea Investment Management AB now owns 645,726 shares of the oil and gas company’s stock worth $83,867,000 after purchasing an additional 18,575 shares during the last quarter. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Valero Energy Price Performance

VLO stock traded up $0.40 during trading on Wednesday, reaching $157.07. 2,766,505 shares of the company were exchanged, compared to its average volume of 3,245,021. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.10 and a current ratio of 1.59. The stock’s 50 day moving average price is $163.69 and its 200 day moving average price is $142.19. Valero Energy Co. has a 52-week low of $105.49 and a 52-week high of $184.79. The company has a market cap of $51.36 billion, a P/E ratio of 7.78, a PEG ratio of 1.46 and a beta of 1.55.

Valero Energy (NYSE:VLO) last announced its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $3.82 EPS for the quarter, topping the consensus estimate of $3.18 by $0.64. Valero Energy had a return on equity of 24.82% and a net margin of 5.01%. The business had revenue of $31.76 billion for the quarter, compared to analyst estimates of $32.02 billion. During the same quarter in the previous year, the company earned $8.27 EPS. The company’s quarterly revenue was down 12.8% on a year-over-year basis. As a group, analysts predict that Valero Energy Co. will post 18.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

VLO has been the topic of several research reports. JPMorgan Chase & Co. raised their price objective on Valero Energy from $177.00 to $178.00 and gave the stock an “overweight” rating in a report on Monday, April 1st. TD Cowen dropped their price target on Valero Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a research report on Monday, April 29th. Raymond James increased their price objective on Valero Energy from $154.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. The Goldman Sachs Group lifted their target price on Valero Energy from $130.00 to $171.00 and gave the company a “sell” rating in a research note on Friday, March 22nd. Finally, Wells Fargo & Company upped their price target on Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $174.40.

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.