B&D White Capital Company LLC Has $270,000 Position in Valero Energy Co. (NYSE:VLO)

B&D White Capital Company LLC lessened its holdings in Valero Energy Co. (NYSE:VLO) by 98.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,200 shares of the oil and gas company’s stock after selling 138,130 shares during the quarter. B&D White Capital Company LLC’s holdings in Valero Energy were worth $270,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VLO. PFG Investments LLC lifted its position in shares of Valero Energy by 24.5% during the 3rd quarter. PFG Investments LLC now owns 12,382 shares of the oil and gas company’s stock worth $1,672,000 after buying an additional 2,438 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Valero Energy by 4.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 102,703 shares of the oil and gas company’s stock worth $13,868,000 after acquiring an additional 4,383 shares in the last quarter. Custom Index Systems LLC lifted its holdings in shares of Valero Energy by 123.7% during the third quarter. Custom Index Systems LLC now owns 3,315 shares of the oil and gas company’s stock valued at $448,000 after acquiring an additional 1,833 shares during the period. Smithbridge Asset Management Inc. DE boosted its stake in shares of Valero Energy by 37.4% in the 3rd quarter. Smithbridge Asset Management Inc. DE now owns 13,487 shares of the oil and gas company’s stock valued at $1,821,000 after purchasing an additional 3,669 shares in the last quarter. Finally, Semanteon Capital Management LP grew its holdings in shares of Valero Energy by 71.5% in the 3rd quarter. Semanteon Capital Management LP now owns 8,135 shares of the oil and gas company’s stock worth $1,098,000 after purchasing an additional 3,392 shares during the last quarter. Institutional investors own 78.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Barclays cut their price target on shares of Valero Energy from $146.00 to $140.00 and set an “overweight” rating for the company in a report on Monday, November 11th. 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 research report on Tuesday, February 4th. Mizuho cut their price objective on Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Finally, Piper Sandler upgraded Valero Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Valero Energy currently has an average rating of “Moderate Buy” and a consensus target price of $154.46.

Valero Energy Stock Down 3.2 %

Shares of NYSE VLO opened at $134.67 on Monday. Valero Energy Co. has a 1 year low of $116.84 and a 1 year high of $184.79. The firm’s 50-day moving average is $131.06 and its 200-day moving average is $135.69. 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 $42.63 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 2.93 and a beta of 1.42.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.50. Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. Equities analysts expect that Valero Energy Co. will post 7.92 EPS for the current year.

Valero Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, January 30th will be paid a dividend of $1.13 per share. The ex-dividend date is Thursday, January 30th. This is a boost from Valero Energy’s previous quarterly dividend of $1.07. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.36%. Valero Energy’s payout ratio is 53.30%.

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.