Duality Advisers LP Purchases New Shares in Valero Energy Co. (NYSE:VLO)

Duality Advisers LP purchased a new position in shares of Valero Energy Co. (NYSE:VLO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,128 shares of the oil and gas company's stock, valued at approximately $2,877,000.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of Valero Energy by 12,883.3% during the 4th quarter. International Assets Investment Management LLC now owns 1,047,360 shares of the oil and gas company's stock worth $136,157,000 after acquiring an additional 1,039,293 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Valero Energy by 94.4% in the 3rd quarter. Acadian Asset Management LLC now owns 1,429,706 shares of the oil and gas company's stock valued at $202,585,000 after purchasing an additional 694,224 shares during the period. Morgan Stanley boosted its position in shares of Valero Energy by 6.1% in the 3rd quarter. Morgan Stanley now owns 8,961,603 shares of the oil and gas company's stock valued at $1,269,949,000 after purchasing an additional 517,068 shares during the period. Pacer Advisors Inc. boosted its position in shares of Valero Energy by 14.0% in the 4th quarter. Pacer Advisors Inc. now owns 2,788,994 shares of the oil and gas company's stock valued at $362,569,000 after purchasing an additional 342,218 shares during the period. Finally, AustralianSuper Pty Ltd boosted its position in shares of Valero Energy by 36.4% in the 4th quarter. AustralianSuper Pty Ltd now owns 938,771 shares of the oil and gas company's stock valued at $122,040,000 after purchasing an additional 250,326 shares during the period. Hedge funds and other institutional investors own 78.69% of the company's stock.

Valero Energy Price Performance

NYSE VLO traded up $2.05 during mid-day trading on Monday, hitting $165.94. The stock had a trading volume of 2,129,669 shares, compared to its average volume of 3,337,365. Valero Energy Co. has a 52-week low of $104.18 and a 52-week high of $184.79. The company has a market cap of $55.17 billion, a price-to-earnings ratio of 6.63, a P/E/G ratio of 1.50 and a beta of 1.54. The company has a 50 day simple moving average of $158.54 and a 200 day simple moving average of $139.40. The company has a quick ratio of 1.11, a current ratio of 1.56 and a debt-to-equity ratio of 0.35.

Valero Energy (NYSE:VLO - Get Free Report) last released its quarterly earnings results on Thursday, January 25th. The oil and gas company reported $3.55 earnings per share for the quarter, topping the consensus estimate of $2.95 by $0.60. The company had revenue of $35.41 billion during the quarter, compared to the consensus estimate of $34.76 billion. Valero Energy had a return on equity of 31.62% and a net margin of 6.10%. Valero Energy's revenue was down 15.2% compared to the same quarter last year. During the same quarter last year, the business posted $8.45 earnings per share. Equities analysts forecast that Valero Energy Co. will post 18.25 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Mizuho cut Valero Energy from a "buy" rating to a "neutral" rating and upped their target price for the company from $150.00 to $173.00 in a research report on Friday, March 22nd. Citigroup upped their target price on Valero Energy from $160.00 to $192.00 and gave the company a "buy" rating in a research report on Thursday. Piper Sandler increased their price objective on Valero Energy from $161.00 to $198.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 3rd. Wells Fargo & Company increased their price objective on Valero Energy from $171.00 to $184.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 4th. Finally, Scotiabank increased their price objective on Valero Energy from $138.00 to $165.00 and gave the stock a "sector outperform" rating in a research report on Thursday, April 11th. One analyst has rated the stock with a sell rating, three have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $173.63.

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.