Stifel Financial Corp Has $76.92 Million Holdings in Valero Energy Co. (NYSE:VLO)

Stifel Financial Corp reduced its stake in Valero Energy Co. (NYSE:VLO - Free Report) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 627,436 shares of the oil and gas company's stock after selling 20,318 shares during the quarter. Stifel Financial Corp owned 0.20% of Valero Energy worth $76,917,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of Valero Energy by 16.1% in the fourth quarter. Vanguard Group Inc. now owns 34,725,700 shares of the oil and gas company's stock worth $4,257,024,000 after purchasing an additional 4,805,133 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Valero Energy by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,701,232 shares of the oil and gas company's stock worth $1,311,864,000 after buying an additional 413,963 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Valero Energy by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 6,871,229 shares of the oil and gas company's stock worth $844,775,000 after buying an additional 100,248 shares during the last quarter. Norges Bank acquired a new stake in shares of Valero Energy in the fourth quarter valued at about $669,400,000. Finally, Franklin Resources Inc. raised its holdings in Valero Energy by 1.5% during the fourth quarter. Franklin Resources Inc. now owns 4,759,172 shares of the oil and gas company's stock worth $583,427,000 after acquiring an additional 71,587 shares in the last quarter. 78.69% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VLO has been the topic of several recent analyst reports. Piper Sandler lowered their price target on Valero Energy from $149.00 to $144.00 and set an "overweight" rating on the stock in a research report on Friday, March 7th. JPMorgan Chase & Co. cut their price target on shares of Valero Energy from $152.00 to $147.00 and set an "overweight" rating for the company in a research note on Monday. Scotiabank lowered their price objective 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. The Goldman Sachs Group upgraded Valero Energy from a "sell" rating to a "neutral" rating and set a $127.00 price target for the company in a report on Monday. Finally, Wells Fargo & Company dropped their price objective on Valero Energy from $160.00 to $159.00 and set an "overweight" rating on the stock in a research note on Friday, January 31st. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $149.79.

Valero Energy Stock Performance

VLO stock traded up $0.32 during trading hours on Monday, hitting $114.19. 700,916 shares of the stock were exchanged, compared to its average volume of 3,003,485. Valero Energy Co. has a 12 month low of $99.00 and a 12 month high of $168.85. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $35.97 billion, a P/E ratio of 13.46, a P/E/G ratio of 2.93 and a beta of 1.17. The company has a 50-day simple moving average of $123.10 and a two-hundred day simple moving average of $129.71.

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 business 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 9.58% and a net margin of 2.13%. On average, analysts forecast that Valero Energy Co. will post 7.92 earnings per share for the current fiscal year.

Valero Energy Company 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.