Point72 Asia Singapore Pte. Ltd. Has $27,000 Stock Holdings in Valero Energy Co. (NYSE:VLO)

Point72 Asia Singapore Pte. Ltd. lessened its position in Valero Energy Co. (NYSE:VLO - Free Report) by 99.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 218 shares of the oil and gas company's stock after selling 22,999 shares during the period. Point72 Asia Singapore Pte. Ltd.'s holdings in Valero Energy were worth $27,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. New Wave Wealth Advisors LLC acquired a new stake in shares of Valero Energy in the 4th quarter valued at $25,000. Tobam acquired a new stake in shares of Valero Energy in the 4th quarter valued at $30,000. Golden State Wealth Management LLC acquired a new stake in shares of Valero Energy in the 4th quarter valued at $38,000. OFI Invest Asset Management acquired a new stake in shares of Valero Energy in the 4th quarter valued at $37,000. Finally, Creative Capital Management Investments LLC lifted its position in Valero Energy by 122.0% during the 4th quarter. Creative Capital Management Investments LLC now owns 333 shares of the oil and gas company's stock worth $41,000 after buying an additional 183 shares in the last quarter. Institutional investors and hedge funds own 78.69% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. The Goldman Sachs Group upgraded shares of Valero Energy from a "neutral" rating to a "buy" rating and upped their price target for the stock from $127.00 to $154.00 in a research report on Tuesday, May 13th. Barclays upped their price target on shares of Valero Energy from $140.00 to $141.00 and gave the stock an "overweight" rating in a research report on Monday, May 12th. Mizuho upped their price target on shares of Valero Energy from $158.00 to $166.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 13th. Wells Fargo & Company lowered their target price on Valero Energy from $160.00 to $159.00 and set an "overweight" rating for the company in a research note on Friday, January 31st. Finally, Morgan Stanley decreased their price target on Valero Energy from $160.00 to $145.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Two investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $151.93.

Valero Energy Stock Down 1.1%

NYSE:VLO opened at $134.20 on Tuesday. The firm has a market capitalization of $42.03 billion, a P/E ratio of 15.83, a P/E/G ratio of 2.93 and a beta of 0.98. Valero Energy Co. has a 12-month low of $99.00 and a 12-month high of $167.78. The stock's fifty day simple moving average is $121.26 and its 200-day simple moving average is $128.60. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35.

Valero Energy (NYSE:VLO - Get Free Report) last posted its earnings results on Thursday, April 24th. The oil and gas company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.27). The company had revenue of $28.76 billion for the quarter, compared to analyst estimates of $28.54 billion. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. Valero Energy's quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.82 earnings per share. Equities research analysts expect that Valero Energy Co. will post 7.92 earnings per share for the current year.

Valero Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Tuesday, May 20th will be given a dividend of $1.13 per share. The ex-dividend date is Tuesday, May 20th. This represents a $4.52 annualized dividend and a dividend yield of 3.37%. Valero Energy's payout ratio is currently 159.72%.

Valero Energy 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.

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