Valero Energy Corporation (NYSE:VLO) Shares Sold by Guerra Advisors Inc

Guerra Advisors Inc cut its stake in shares of Valero Energy Corporation (NYSE:VLO - Free Report) by 31.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 4,957 shares of the oil and gas company's stock after selling 2,319 shares during the period. Guerra Advisors Inc's holdings in Valero Energy were worth $655,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. World Investment Advisors lifted its position in Valero Energy by 1.8% during the 4th quarter. World Investment Advisors now owns 4,323 shares of the oil and gas company's stock worth $530,000 after acquiring an additional 78 shares in the last quarter. Silver Coast Investments LLC increased its holdings in Valero Energy by 1.7% during the 4th quarter. Silver Coast Investments LLC now owns 5,070 shares of the oil and gas company's stock worth $622,000 after purchasing an additional 83 shares during the last quarter. Providence Wealth Advisors LLC increased its holdings in Valero Energy by 1.1% during the 4th quarter. Providence Wealth Advisors LLC now owns 8,878 shares of the oil and gas company's stock worth $1,086,000 after purchasing an additional 94 shares during the last quarter. Field & Main Bank increased its holdings in Valero Energy by 1.2% during the 1st quarter. Field & Main Bank now owns 7,982 shares of the oil and gas company's stock worth $1,054,000 after purchasing an additional 97 shares during the last quarter. Finally, KCM Investment Advisors LLC increased its holdings in Valero Energy by 1.8% during the 4th quarter. KCM Investment Advisors LLC now owns 5,497 shares of the oil and gas company's stock worth $674,000 after purchasing an additional 99 shares during the last quarter. 78.69% of the stock is owned by institutional investors and hedge funds.

Valero Energy Price Performance

Shares of VLO opened at $134.76 on Friday. The company has a market cap of $42.21 billion, a P/E ratio of 47.62, a PEG ratio of 2.35 and a beta of 0.99. The stock has a fifty day moving average price of $127.81 and a 200 day moving average price of $127.67. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.56 and a quick ratio of 1.09. Valero Energy Corporation has a 12 month low of $99.00 and a 12 month high of $167.78.

Valero Energy (NYSE:VLO - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The oil and gas company reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.16 by ($0.27). The company had revenue of $28.76 billion for the quarter, compared to the consensus estimate of $28.54 billion. Valero Energy had a return on equity of 6.30% and a net margin of 0.72%. 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 company earned $3.82 earnings per share. On average, research analysts forecast that Valero Energy Corporation will post 7.92 earnings per share for the current year.

Valero Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Tuesday, May 20th were given a dividend of $1.13 per share. The ex-dividend date was Tuesday, May 20th. This represents a $4.52 dividend on an annualized basis and a yield of 3.35%. Valero Energy's dividend payout ratio (DPR) is presently 159.72%.

Analysts Set New Price Targets

Several research firms have issued reports on VLO. Scotiabank dropped their price objective on Valero Energy from $156.00 to $136.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Barclays lifted their price objective on Valero Energy from $140.00 to $141.00 and gave the stock an "overweight" rating in a report on Monday, May 12th. JPMorgan Chase & Co. dropped their price objective on Valero Energy from $152.00 to $147.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. TD Cowen lowered their price target on Valero Energy from $121.00 to $118.00 and set a "buy" rating for the company in a report on Friday, April 25th. Finally, UBS Group lowered their price target on Valero Energy from $160.00 to $150.00 and set a "buy" rating for the company in a report on Monday, April 28th. Three investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $150.88.

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.

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