Quad Cities Investment Group LLC Acquires 75 Shares of Valero Energy Co. (NYSE:VLO)

Quad Cities Investment Group LLC lifted its holdings in shares of Valero Energy Co. (NYSE:VLO) by 1.6% during the third quarter, Holdings Channel.com reports. The firm owned 4,851 shares of the oil and gas company’s stock after acquiring an additional 75 shares during the quarter. Quad Cities Investment Group LLC’s holdings in Valero Energy were worth $655,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VLO. International Private Wealth Advisors LLC increased its position in shares of Valero Energy by 3.4% during the second quarter. International Private Wealth Advisors LLC now owns 1,970 shares of the oil and gas company’s stock worth $309,000 after buying an additional 65 shares during the period. Aua Capital Management LLC raised its position in shares of Valero Energy by 3.1% in the 1st quarter. Aua Capital Management LLC now owns 2,261 shares of the oil and gas company’s stock worth $386,000 after acquiring an additional 67 shares in the last quarter. OmniStar Financial Group Inc. raised its position in shares of Valero Energy by 1.6% in the 2nd quarter. OmniStar Financial Group Inc. now owns 4,543 shares of the oil and gas company’s stock worth $712,000 after acquiring an additional 70 shares in the last quarter. Everhart Financial Group Inc. lifted its stake in shares of Valero Energy by 5.5% in the 2nd quarter. Everhart Financial Group Inc. now owns 1,366 shares of the oil and gas company’s stock valued at $214,000 after purchasing an additional 71 shares during the period. Finally, St. Johns Investment Management Company LLC boosted its position in shares of Valero Energy by 1.4% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 5,068 shares of the oil and gas company’s stock valued at $794,000 after purchasing an additional 72 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.

Analysts Set New Price Targets

VLO has been the subject of a number of research analyst reports. Wells Fargo & Company upgraded Valero Energy from an “equal weight” rating to an “overweight” rating and lowered their target price for the stock from $172.00 to $165.00 in a report on Wednesday, October 9th. Mizuho lowered their price objective on shares of Valero Energy from $175.00 to $171.00 and set an “outperform” rating for the company in a research note on Monday, September 16th. Wolfe Research initiated coverage on shares of Valero Energy in a research note on Thursday, July 18th. They set an “outperform” rating and a $177.00 target price on the stock. Bank of America initiated coverage on shares of Valero Energy in a research note on Thursday. They issued a “neutral” rating and a $150.00 price target for the company. Finally, StockNews.com cut shares of Valero Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $158.60.

Valero Energy Stock Up 0.2 %

Shares of NYSE VLO traded up $0.25 during trading on Thursday, hitting $135.77. The stock had a trading volume of 629,500 shares, compared to its average volume of 2,988,385. The firm has a fifty day moving average of $140.35 and a two-hundred day moving average of $152.12. The company has a market capitalization of $43.50 billion, a PE ratio of 7.78, a PEG ratio of 3.75 and a beta of 1.39. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.48 and a quick ratio of 1.04. Valero Energy Co. has a 12 month low of $119.88 and a 12 month high of $184.79.

Valero Energy (NYSE:VLO) last issued its quarterly earnings data on Thursday, July 25th. The oil and gas company reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.60 by $0.11. Valero Energy had a net margin of 4.25% and a return on equity of 21.01%. The business had revenue of $34.49 billion during the quarter, compared to the consensus estimate of $32.97 billion. During the same period in the prior year, the firm posted $5.40 EPS. The firm’s quarterly revenue was down .1% compared to the same quarter last year. As a group, equities research analysts forecast that Valero Energy Co. will post 9.41 EPS for the current fiscal year.

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.