Valero Energy Co. (NYSE:VLO) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC decreased its holdings in shares of Valero Energy Co. (NYSE:VLO - Free Report) by 12.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,820 shares of the oil and gas company's stock after selling 24,186 shares during the period. Voya Investment Management LLC owned 0.06% of Valero Energy worth $21,431,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. New Wave Wealth Advisors LLC bought a new position in Valero Energy in the 4th quarter worth about $25,000. Tobam bought a new position in Valero Energy in the 4th quarter worth $30,000. Golden State Wealth Management LLC purchased a new position in Valero Energy in the 4th quarter worth approximately $38,000. OFI Invest Asset Management bought a new stake in Valero Energy in the 4th quarter valued at $37,000. Finally, Creative Capital Management Investments LLC increased its stake in 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 worth $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.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VLO. Scotiabank cut their target price on Valero Energy from $156.00 to $136.00 and set a "sector outperform" rating on the stock in a research report on Friday, April 11th. Mizuho lowered their price target on shares of Valero Energy from $165.00 to $158.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Tudor Pickering raised shares of Valero Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. UBS Group cut their price target on shares of Valero Energy from $160.00 to $150.00 and set a "buy" rating on the stock in a report on Monday. Finally, JPMorgan Chase & Co. lowered their price objective on Valero Energy from $152.00 to $147.00 and set an "overweight" rating for the company in a research report on Monday. Four analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $149.80.

Valero Energy Trading Up 2.4 %

VLO stock traded up $2.72 during midday trading on Friday, hitting $117.60. 838,957 shares of the company's stock were exchanged, compared to its average volume of 2,998,633. The business has a 50-day simple moving average of $121.41 and a two-hundred day simple moving average of $129.15. 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 stock has a market capitalization of $37.04 billion, a PE ratio of 13.87, a P/E/G 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.

Valero Energy (NYSE:VLO - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The oil and gas company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.16 by ($0.27). The firm had revenue of $28.76 billion during the quarter, compared to analyst estimates 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 firm posted $3.82 earnings per share. On average, sell-side analysts predict that Valero Energy Co. will post 7.92 EPS 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.