2,166 Shares in Valero Energy Co. (NYSE:VLO) Purchased by Numerai GP LLC

Numerai GP LLC purchased a new stake in Valero Energy Co. (NYSE:VLO) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,166 shares of the oil and gas company’s stock, valued at approximately $266,000.

Several other large investors have also recently added to or reduced their stakes in VLO. Norges Bank acquired a new position in shares of Valero Energy in the 4th quarter worth approximately $669,400,000. Vanguard Group Inc. raised its position in Valero Energy by 16.1% in the 4th quarter. Vanguard Group Inc. now owns 34,725,700 shares of the oil and gas company’s stock valued at $4,257,024,000 after purchasing an additional 4,805,133 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Valero Energy in the fourth quarter worth $132,469,000. Northern Trust Corp grew its holdings in shares of Valero Energy by 15.9% during the fourth quarter. Northern Trust Corp now owns 3,850,859 shares of the oil and gas company’s stock worth $472,077,000 after purchasing an additional 529,513 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Valero Energy by 22.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,864,418 shares of the oil and gas company’s stock valued at $351,151,000 after buying an additional 525,255 shares in the last quarter. 78.69% of the stock is owned by institutional investors.

Valero Energy Trading Up 0.8%

NYSE VLO opened at $135.33 on Friday. The stock has a market capitalization of $42.39 billion, a price-to-earnings ratio of 15.96, a PEG ratio of 2.93 and a beta of 0.98. Valero Energy Co. has a 52 week low of $99.00 and a 52 week high of $167.78. The stock’s 50 day moving average price is $120.83 and its two-hundred day moving average price is $128.51. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.57.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, April 24th. The oil and gas company reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.27). The business had revenue of $28.76 billion during the quarter, compared to the consensus estimate of $28.54 billion. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. The business’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.82 EPS. As a group, analysts anticipate that Valero Energy Co. will post 7.92 earnings per share for the current fiscal year.

Valero Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Tuesday, May 20th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Tuesday, May 20th. Valero Energy’s payout ratio is 159.72%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on VLO. JPMorgan Chase & Co. decreased their price objective on shares of Valero Energy from $152.00 to $147.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Mizuho upped their target price on shares of Valero Energy from $158.00 to $166.00 and gave the stock an “outperform” rating in a research report on Tuesday. TD Cowen lowered their price target on shares of Valero Energy from $121.00 to $118.00 and set a “buy” rating for the company in a report on Friday, April 25th. UBS Group dropped their price objective on shares of Valero Energy from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, April 28th. Finally, Barclays increased their price objective on Valero Energy from $140.00 to $141.00 and gave the company an “overweight” rating in a research report on Monday. Three equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $151.93.

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.