Steel Grove Capital Advisors LLC purchased a new position in shares of Valero Energy Co. (NYSE:VLO – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,499 shares of the oil and gas company’s stock, valued at approximately $256,000.
Several other institutional investors have also recently made changes to their positions in VLO. Rise Advisors LLC acquired a new position in shares of Valero Energy during the 1st quarter worth approximately $33,000. Wetzel Investment Advisors Inc. acquired a new position in shares of Valero Energy during the 4th quarter worth approximately $36,000. First Foundation Advisors bought a new position in shares of Valero Energy during the 1st quarter worth approximately $37,000. LRI Investments LLC bought a new position in shares of Valero Energy during the 1st quarter worth approximately $39,000. Finally, DT Investment Partners LLC bought a new position in shares of Valero Energy during the 4th quarter worth approximately $45,000. Institutional investors and hedge funds own 78.69% of the company’s stock.
Insider Transactions at Valero Energy
In other news, Director Kimberly S. Greene sold 720 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $158.12, for a total transaction of $113,846.40. Following the completion of the transaction, the director now owns 13,314 shares of the company’s stock, valued at approximately $2,105,209.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.04% of the stock is owned by insiders.
Analyst Ratings Changes
Check Out Our Latest Research Report on Valero Energy
Valero Energy Price Performance
NYSE VLO traded up $2.12 during midday trading on Friday, hitting $159.12. The company had a trading volume of 3,151,478 shares, compared to its average volume of 2,537,062. The company has a market capitalization of $52.03 billion, a PE ratio of 7.88, a P/E/G ratio of 2.01 and a beta of 1.42. The company has a current ratio of 1.59, a quick ratio of 1.10 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average price of $153.61 and a 200-day moving average price of $153.18. Valero Energy Co. has a twelve month low of $119.88 and a twelve month high of $184.79.
Valero Energy (NYSE:VLO – Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The oil and gas company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.60 by $0.11. Valero Energy had a return on equity of 20.97% and a net margin of 4.25%. The company had revenue of $34.49 billion during the quarter, compared to analysts’ expectations of $32.97 billion. During the same quarter in the previous year, the firm earned $5.40 EPS. Valero Energy’s revenue was down .1% on a year-over-year basis. As a group, analysts anticipate that Valero Energy Co. will post 13.1 earnings per share for the current fiscal year.
Valero Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 1st will be issued a dividend of $1.07 per share. The ex-dividend date is Thursday, August 1st. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.69%. Valero Energy’s dividend payout ratio (DPR) is currently 21.20%.
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.
See Also
- Five stocks we like better than Valero Energy
- How is Compound Interest Calculated?
- Is Crypto Cool Again? What Stocks You Should Be Watching
- 3 Healthcare Dividend Stocks to Buy
- Why Call Options Volume for These 2 Stocks Spiked Together
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- MarketBeat Week in Review – 7/22 – 7/26
Receive News & Ratings for Valero Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valero Energy and related companies with MarketBeat.com's FREE daily email newsletter.