Moseley Investment Management Inc. Has $2.02 Million Stake in Valero Energy Co. (NYSE:VLO)

Moseley Investment Management Inc. increased its stake in Valero Energy Co. (NYSE:VLO) by 1.6% in the 1st quarter, Holdings Channel reports. The firm owned 15,325 shares of the oil and gas company’s stock after purchasing an additional 236 shares during the period. Moseley Investment Management Inc.’s holdings in Valero Energy were worth $2,024,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VLO. Norges Bank bought a new stake in shares of Valero Energy during the 4th quarter worth $669,400,000. Vanguard Group Inc. lifted its position in Valero Energy by 16.1% during the 4th quarter. Vanguard Group Inc. now owns 34,725,700 shares of the oil and gas company’s stock worth $4,257,024,000 after acquiring an additional 4,805,133 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Valero Energy by 15,395.5% during the first quarter. GAMMA Investing LLC now owns 1,355,699 shares of the oil and gas company’s stock valued at $179,047,000 after acquiring an additional 1,346,950 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Valero Energy in the fourth quarter valued at about $132,469,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Valero Energy in the fourth quarter worth about $98,376,000. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

VLO has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on Valero Energy from $152.00 to $147.00 and set an “overweight” rating for the company in a research note on Monday, April 28th. Raymond James reduced their price objective on Valero Energy from $165.00 to $155.00 and set a “strong-buy” rating for the company in a research report on Wednesday, April 9th. Scotiabank dropped their target price on shares of Valero Energy from $156.00 to $136.00 and set a “sector outperform” rating on the stock in a research report on Friday, April 11th. UBS Group reduced their price target on shares of Valero Energy from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, April 28th. Finally, TD Cowen decreased their price target on shares of Valero Energy from $121.00 to $118.00 and set a “buy” rating on the stock in a research report on Friday, April 25th. Two investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $151.93.

Valero Energy Stock Performance

NYSE VLO opened at $128.27 on Tuesday. Valero Energy Co. has a twelve month low of $99.00 and a twelve month high of $167.78. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35. The stock has a market cap of $40.18 billion, a P/E ratio of 15.13, a PEG ratio of 2.93 and a beta of 0.99. The company’s 50-day simple moving average is $120.21 and its 200 day simple moving average is $127.57.

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

Valero Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Tuesday, May 20th will be given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date is Tuesday, May 20th. Valero Energy’s dividend payout ratio (DPR) is 159.72%.

Valero Energy 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.