151,925 Shares in Valero Energy Co. (NYSE:VLO) Purchased by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new position in Valero Energy Co. (NYSE:VLO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 151,925 shares of the oil and gas company's stock, valued at approximately $18,624,000.

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

Valero Energy Price Performance

Valero Energy stock traded down $1.09 during trading hours on Thursday, hitting $115.00. The stock had a trading volume of 1,814,533 shares, compared to its average volume of 3,523,117. 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 stock has a market capitalization of $36.22 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 2.93 and a beta of 1.17. Valero Energy Co. has a 1-year low of $99.00 and a 1-year high of $167.78. The stock's fifty day moving average is $121.81 and its two-hundred day moving average is $129.33.

Valero Energy (NYSE:VLO - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The oil and gas company reported $0.89 EPS for the quarter, missing the consensus estimate of $1.16 by ($0.27). Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. The company had revenue of $28.76 billion for the quarter, compared to analyst estimates of $28.54 billion. During the same period last year, the company posted $3.82 EPS. The business's revenue for the quarter was down 4.7% on a year-over-year basis. As a group, analysts predict that Valero Energy Co. will post 7.92 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Valero Energy from $152.00 to $147.00 and set an "overweight" rating on the stock in a research note on Monday. TD Cowen dropped their price target on Valero Energy from $121.00 to $118.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Tudor Pickering upgraded Valero Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Scotiabank decreased their price target on 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, Morgan Stanley decreased their price target on Valero Energy from $160.00 to $145.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Four equities research 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. Based on data from MarketBeat.com, Valero Energy currently has an average rating of "Moderate Buy" and an average price target 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.