Savant Capital LLC Sells 3,119 Shares of Valero Energy Co. (NYSE:VLO)

Savant Capital LLC decreased its position in shares of Valero Energy Co. (NYSE:VLO) by 17.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,700 shares of the oil and gas company’s stock after selling 3,119 shares during the period. Savant Capital LLC’s holdings in Valero Energy were worth $1,802,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VLO. New Wave Wealth Advisors LLC bought a new stake in Valero Energy during the 4th quarter worth approximately $25,000. Peterson Financial Group Inc. bought a new stake in Valero Energy during the 3rd quarter worth approximately $28,000. Tobam bought a new stake in Valero Energy during the 4th quarter worth approximately $30,000. True Wealth Design LLC grew its holdings in Valero Energy by 196.8% during the 3rd quarter. True Wealth Design LLC now owns 276 shares of the oil and gas company’s stock valued at $37,000 after buying an additional 183 shares in the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new stake in Valero Energy during the 3rd quarter valued at approximately $38,000. Institutional investors own 78.69% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VLO shares. Tudor Pickering raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. Citigroup cut their price objective on shares of Valero Energy from $192.00 to $176.00 and set a “buy” rating for the company in a report on Friday, October 25th. Bank of America started coverage on shares of Valero Energy in a report on Thursday, October 17th. They set a “neutral” rating and a $150.00 price objective for the company. Piper Sandler raised shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Finally, Wells Fargo & Company cut their target price on shares of Valero Energy from $160.00 to $159.00 and set an “overweight” rating for the company in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $154.46.

Valero Energy Stock Up 0.1 %

NYSE VLO opened at $131.03 on Friday. 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 company has a fifty day moving average of $130.51 and a two-hundred day moving average of $136.71. The firm has a market capitalization of $41.48 billion, a price-to-earnings ratio of 15.45, a PEG ratio of 2.85 and a beta of 1.42. Valero Energy Co. has a 52 week low of $116.84 and a 52 week high of $184.79.

Valero Energy (NYSE:VLO) last posted its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.14 by $0.50. Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. On average, analysts predict that Valero Energy Co. will post 7.86 earnings per share for the current year.

Valero Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th will be given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 3.45%. This is an increase from Valero Energy’s previous quarterly dividend of $1.07. The ex-dividend date is Thursday, January 30th. Valero Energy’s dividend payout ratio (DPR) is 53.30%.

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.