Navigoe LLC Buys Shares of 5,000 Valero Energy Co. (NYSE:VLO)

Navigoe LLC purchased a new stake in Valero Energy Co. (NYSE:VLO - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 5,000 shares of the oil and gas company's stock, valued at approximately $612,000. Valero Energy comprises about 0.6% of Navigoe LLC's portfolio, making the stock its 23rd largest holding.

Several other hedge funds have also bought and sold shares of VLO. New Wave Wealth Advisors LLC bought a new stake in Valero Energy in the fourth quarter worth $25,000. Tobam purchased a new position in shares of Valero Energy in the 4th quarter worth $30,000. Golden State Wealth Management LLC bought a new stake in shares of Valero Energy in the 4th quarter worth about $38,000. OFI Invest Asset Management purchased a new stake in shares of Valero Energy during the 4th quarter valued at about $37,000. Finally, Creative Capital Management Investments LLC lifted its holdings in shares of Valero Energy by 122.0% in the 4th quarter. Creative Capital Management Investments LLC now owns 333 shares of the oil and gas company's stock valued at $41,000 after acquiring an additional 183 shares during the last quarter. Hedge funds and other institutional investors own 78.69% of the company's stock.

Valero Energy Stock Up 3.5 %

Shares of VLO stock traded up $4.01 during mid-day trading on Friday, hitting $118.89. The stock had a trading volume of 2,600,530 shares, compared to its average volume of 3,007,853. Valero Energy Co. has a 12-month low of $99.00 and a 12-month high of $167.78. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 1.11. The firm's 50-day moving average is $121.11 and its two-hundred day moving average is $129.04. The firm has a market capitalization of $37.45 billion, a P/E ratio of 14.02, a price-to-earnings-growth ratio of 2.93 and a beta of 1.17.

Valero Energy (NYSE:VLO - Get Free Report) last posted its earnings results 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). Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. The business had revenue of $28.76 billion for the quarter, compared to analysts' expectations of $28.54 billion. During the same period last year, the business posted $3.82 EPS. The company's revenue for the quarter was down 4.7% on a year-over-year basis. On average, analysts predict that Valero Energy Co. will post 7.92 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. TD Cowen decreased their price objective on Valero Energy from $121.00 to $118.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Wells Fargo & Company decreased their price target on Valero Energy from $160.00 to $159.00 and set an "overweight" rating on the stock in a report on Friday, January 31st. Tudor Pickering raised shares of Valero Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Scotiabank reduced their target price on shares of Valero Energy from $156.00 to $136.00 and set a "sector outperform" rating on the stock in a research note on Friday, April 11th. Finally, Mizuho lowered their target price on shares of Valero Energy from $165.00 to $158.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Valero Energy has a consensus rating of "Moderate Buy" and a consensus target price of $149.80.

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.