Natixis Advisors LLC trimmed its holdings in shares of Valero Energy Corporation (NYSE:VLO – Free Report) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 193,019 shares of the oil and gas company’s stock after selling 6,648 shares during the period. Natixis Advisors LLC’s holdings in Valero Energy were worth $31,422,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. JPL Wealth Management LLC purchased a new position in shares of Valero Energy during the 3rd quarter valued at approximately $27,000. Torren Management LLC purchased a new position in shares of Valero Energy during the 4th quarter valued at approximately $30,000. AXS Investments LLC purchased a new position in shares of Valero Energy during the 4th quarter valued at approximately $32,000. Triumph Capital Management purchased a new position in shares of Valero Energy during the 3rd quarter valued at approximately $35,000. Finally, Accordant Advisory Group Inc increased its holdings in shares of Valero Energy by 194.4% during the 4th quarter. Accordant Advisory Group Inc now owns 212 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 140 shares in the last quarter. 78.69% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, SVP Eric A. Fisher sold 400 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $238.60, for a total value of $95,440.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.36% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Report on Valero Energy
More Valero Energy News
Here are the key news stories impacting Valero Energy this week:
- Positive Sentiment: Valero was named to Zacks’ #1 (Strong Buy) growth stocks list, which may be helping investor sentiment by signaling improving momentum and favorable analyst-style rankings. Best Growth Stocks to Buy for June 4th
- Positive Sentiment: Zacks said high oil prices may not fully derail Valero’s refining strength, pointing to tight global capacity and low fuel inventories that can keep refining margins supported. Why High Oil Prices Won’t Fully Derail VLO’s Refining Strength
- Positive Sentiment: Another Zacks note reiterated Valero as a strong value stock, adding to the case that the company remains attractive on fundamentals despite the recent run-up. Here’s Why Valero Energy (VLO) is a Strong Value Stock
- Neutral Sentiment: Coverage focused on whether VLO can extend its move after hitting a 52-week high; this reflects strong performance, but also suggests the stock may need continued fundamental support to keep rising. Valero Energy Corporation (VLO) Hit a 52 Week High, Can the Run Continue?
- Negative Sentiment: One article flagged insider stock sales over the past year, which can be viewed as a cautious signal even though it does not necessarily change the company’s operating outlook. Possible Bearish Signals With Valero Energy Insiders Disposing Stock
Valero Energy Price Performance
Shares of NYSE VLO opened at $259.05 on Friday. The firm has a market cap of $76.92 billion, a PE ratio of 18.83, a PEG ratio of 0.39 and a beta of 0.55. The firm has a fifty day moving average of $244.23 and a 200 day moving average of $209.46. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.15 and a current ratio of 1.58. Valero Energy Corporation has a one year low of $125.77 and a one year high of $265.61.
Valero Energy (NYSE:VLO – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The oil and gas company reported $4.22 EPS for the quarter, topping the consensus estimate of $3.16 by $1.06. The company had revenue of $32.38 billion during the quarter, compared to analyst estimates of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The firm’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.89 EPS. As a group, research analysts predict that Valero Energy Corporation will post 26.51 EPS for the current fiscal year.
Valero Energy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Thursday, May 21st will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Thursday, May 21st. Valero Energy’s payout ratio is presently 34.88%.
About Valero Energy
Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.
In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.
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