Valero Energy Co. (NYSE:VLO) Shares Sold by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC trimmed its holdings in Valero Energy Co. (NYSE:VLO) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,727 shares of the oil and gas company’s stock after selling 148 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Valero Energy were worth $1,264,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. BKM Wealth Management LLC acquired a new stake in Valero Energy during the 4th quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Valero Energy in the third quarter valued at $28,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of Valero Energy in the fourth quarter worth $36,000. FSC Wealth Advisors LLC purchased a new position in shares of Valero Energy during the fourth quarter valued at $38,000. Finally, Authentikos Wealth Advisory LLC purchased a new stake in Valero Energy in the 3rd quarter worth about $42,000. Institutional investors own 78.69% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VLO. Citigroup upped their target price on Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a report on Thursday, April 18th. TD Cowen decreased their target price on shares of Valero Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research note on Monday, April 29th. Mizuho downgraded shares of Valero Energy from a “buy” rating to a “neutral” rating and upped their price target for the stock from $150.00 to $173.00 in a research note on Friday, March 22nd. Wells Fargo & Company upped their target price on Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 4th. Finally, Bank of America raised Valero Energy from a “neutral” rating to a “buy” rating and boosted their price target for the company from $156.00 to $210.00 in a research note on Friday, March 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $174.40.

Valero Energy Stock Performance

Shares of NYSE VLO traded up $0.35 during mid-day trading on Wednesday, hitting $157.02. The company had a trading volume of 1,675,901 shares, compared to its average volume of 3,231,894. Valero Energy Co. has a 12 month low of $105.49 and a 12 month high of $184.79. The firm has a market cap of $51.34 billion, a P/E ratio of 7.80, a PEG ratio of 1.46 and a beta of 1.55. The business’s 50-day simple moving average is $163.69 and its 200-day simple moving average is $142.19. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.59 and a quick ratio of 1.10.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, April 25th. The oil and gas company reported $3.82 earnings per share for the quarter, topping the consensus estimate of $3.18 by $0.64. The company had revenue of $31.76 billion for the quarter, compared to analyst estimates of $32.02 billion. Valero Energy had a return on equity of 24.82% and a net margin of 5.01%. Valero Energy’s revenue for the quarter was down 12.8% compared to the same quarter last year. During the same quarter last year, the firm earned $8.27 EPS. As a group, analysts predict that Valero Energy Co. will post 18.02 earnings per share for the current fiscal year.

About Valero Energy

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.