Delta Financial Advisors LLC Has $1.01 Million Holdings in Valero Energy Corporation $VLO

Delta Financial Advisors LLC increased its holdings in Valero Energy Corporation (NYSE:VLO) by 57.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,214 shares of the oil and gas company’s stock after purchasing an additional 2,268 shares during the quarter. Delta Financial Advisors LLC’s holdings in Valero Energy were worth $1,012,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Providence Wealth Advisors LLC increased its stake in shares of Valero Energy by 0.5% in the fourth quarter. Providence Wealth Advisors LLC now owns 9,610 shares of the oil and gas company’s stock valued at $1,564,000 after buying an additional 52 shares during the period. Montecito Bank & Trust lifted its stake in shares of Valero Energy by 1.4% in the fourth quarter. Montecito Bank & Trust now owns 3,909 shares of the oil and gas company’s stock worth $636,000 after acquiring an additional 54 shares during the period. Waddell & Associates LLC boosted its holdings in Valero Energy by 2.8% in the third quarter. Waddell & Associates LLC now owns 2,040 shares of the oil and gas company’s stock valued at $347,000 after acquiring an additional 56 shares during the last quarter. DSG Capital Advisors LLC boosted its holdings in Valero Energy by 1.6% in the third quarter. DSG Capital Advisors LLC now owns 3,803 shares of the oil and gas company’s stock valued at $647,000 after acquiring an additional 60 shares during the last quarter. Finally, River Street Advisors LLC increased its position in Valero Energy by 0.5% during the 4th quarter. River Street Advisors LLC now owns 12,107 shares of the oil and gas company’s stock valued at $1,971,000 after purchasing an additional 61 shares during the period. 78.69% of the stock is owned by institutional investors.

Valero Energy Price Performance

Shares of VLO opened at $247.08 on Friday. The firm has a market cap of $73.36 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 0.36 and a beta of 0.58. Valero Energy Corporation has a 52-week low of $125.10 and a 52-week high of $263.75. The business’s 50 day moving average price is $241.89 and its two-hundred day moving average price is $204.54. 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 (NYSE:VLO) last announced its quarterly earnings data 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 the consensus estimate of $31.38 billion. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.89 EPS. On average, equities analysts anticipate that Valero Energy Corporation will post 26.51 EPS for the current year.

Valero Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Thursday, May 21st will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, May 21st. Valero Energy’s dividend payout ratio (DPR) is presently 34.88%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Wells Fargo & Company raised their price target on shares of Valero Energy from $220.00 to $292.00 and gave the stock an “overweight” rating in a report on Tuesday, March 31st. Zacks Research upgraded shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Barclays lifted their target price on shares of Valero Energy from $184.00 to $261.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. Scotiabank boosted their target price on shares of Valero Energy from $178.00 to $226.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. Finally, Wall Street Zen upgraded Valero Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 4th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $237.94.

Insiders Place Their Bets

In other Valero Energy news, SVP Eric A. Fisher sold 400 shares of Valero Energy 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.36% of the company’s stock.

Valero Energy Profile

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.