OneDigital Investment Advisors LLC Sells 2,484 Shares of Valero Energy Co. (NYSE:VLO)

OneDigital Investment Advisors LLC decreased its holdings in shares of Valero Energy Co. (NYSE:VLO - Free Report) by 37.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,209 shares of the oil and gas company's stock after selling 2,484 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Valero Energy were worth $516,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of VLO. New Wave Wealth Advisors LLC bought a new stake in shares of Valero Energy during the fourth quarter worth about $25,000. Tobam bought a new stake in Valero Energy in the fourth quarter valued at approximately $30,000. Golden State Wealth Management LLC bought a new stake in Valero Energy in the fourth quarter valued at approximately $38,000. OFI Invest Asset Management bought a new stake in Valero Energy in the fourth quarter valued at approximately $37,000. Finally, Creative Capital Management Investments LLC boosted its holdings in Valero Energy by 122.0% in the fourth 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. Institutional investors and hedge funds own 78.69% of the company's stock.

Valero Energy Stock Down 1.1 %

NYSE VLO traded down $1.32 on Thursday, reaching $114.77. The company had a trading volume of 3,995,875 shares, compared to its average volume of 3,010,987. The stock has a market capitalization of $36.15 billion, a P/E ratio of 13.53, a P/E/G ratio of 2.93 and a beta of 1.17. The company's fifty day moving average is $121.81 and its 200 day moving average is $129.33. Valero Energy Co. has a 52-week low of $99.00 and a 52-week high of $167.78. 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 released its quarterly 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). The company had revenue of $28.76 billion during the quarter, compared to analysts' expectations of $28.54 billion. Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. The company's quarterly revenue was down 4.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.82 earnings per share. Sell-side analysts anticipate that Valero Energy Co. will post 7.92 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Wells Fargo & Company reduced their target price 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 upgraded Valero Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Mizuho cut their price target on Valero Energy from $165.00 to $158.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Morgan Stanley cut 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. Finally, TD Cowen cut their price target on Valero Energy from $121.00 to $118.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $149.80.

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.