2 weeks Ago By Defense World Staff
Thrivent Financial for Lutherans cut its stake in Valero Energy Co. ( NYSE:VLO – Free Report ) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The fund owned 20,605 shares of the oil and gas company’s stock after selling 635 shares during the period. Thrivent Financial for Lutherans’ holdings in Valero Energy were worth $3,230,000 as of its most recent filing with the Securities and Exchange Commission. A number of other large investors also recently modified their holdings of VLO.
EdgeRock Capital LLC bought a new position in Valero Energy in the 2nd quarter worth approximately $27,000. Lynx Investment Advisory acquired a new position in shares of Valero Energy during the second quarter valued at $29,000. Pathway Financial Advisers LLC bought a new position in Valero Energy in the first quarter valued at about $33,000.
Rise Advisors LLC acquired a new stake in Valero Energy in the first quarter worth about $33,000. Finally, Summit Securities Group LLC bought a new stake in Valero Energy during the 2nd quarter worth about $31,000. 78.
69% of the stock is currently owned by institutional investors and hedge funds. Valero Energy Price Performance NYSE VLO opened at $135.97 on Monday.
The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.04 and a current ratio of 1.
48. The stock has a market cap of $43.56 billion, a price-to-earnings ratio of 6.
73, a PEG ratio of 3.08 and a beta of 1.40.
The business has a 50 day simple moving average of $144.01 and a 200 day simple moving average of $154.61.
Valero Energy Co. has a 52-week low of $119.88 and a 52-week high of $184.
79. Valero Energy Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 1st were issued a dividend of $1.
07 per share. This represents a $4.28 annualized dividend and a yield of 3.
15%. The ex-dividend date was Thursday, August 1st. Valero Energy’s payout ratio is 21.
20%. Analyst Upgrades and Downgrades VLO has been the topic of several recent research reports. Wells Fargo & Company raised their target price on shares of Valero Energy from $165.
00 to $172.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 3rd. Wolfe Research initiated coverage on shares of Valero Energy in a report on Thursday, July 18th.
They set an “outperform” rating and a $177.00 target price for the company. JPMorgan Chase & Co.
cut their price target on Valero Energy from $178.00 to $172.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 2nd.
Mizuho decreased their price objective on Valero Energy from $175.00 to $171.00 and set an “outperform” rating for the company in a research note on Monday, September 16th.
Finally, Piper Sandler lowered Valero Energy from an “overweight” rating to a “neutral” rating and cut their target price for the company from $169.00 to $123.00 in a research note on Friday, September 20th.
One research analyst has rated the stock with a sell rating, five have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $168.
07. Read Our Latest Analysis on Valero Energy Valero Energy Company Profile ( Free Report ) 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.
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