Valero Energy Co. (NYSE:VLO) Stock Holdings Lowered by Tradewinds LLC.

Tradewinds LLC. trimmed its holdings in shares of Valero Energy Co. (NYSE:VLO) by 18.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,966 shares of the oil and gas company’s stock after selling 445 shares during the period. Tradewinds LLC.’s holdings in Valero Energy were worth $241,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. New Wave Wealth Advisors LLC acquired a new position in shares of Valero Energy in the 4th quarter worth $25,000. Tobam acquired a new position in shares of Valero Energy in the 4th quarter valued at $30,000. OFI Invest Asset Management purchased a new position in Valero Energy in the 4th quarter worth about $37,000. Golden State Wealth Management LLC acquired a new stake in Valero Energy during the 4th quarter worth about $38,000. Finally, Creative Capital Management Investments LLC raised its holdings in 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 buying an additional 183 shares during the period. Institutional investors and hedge funds own 78.69% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Mizuho reduced their price target on shares of Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Piper Sandler cut their target price on shares of Valero Energy from $149.00 to $144.00 and set an “overweight” rating on the stock in a research note on Friday, March 7th. Tudor Pickering raised Valero Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company dropped their price target on Valero Energy from $160.00 to $159.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $152.67.

Valero Energy Trading Up 1.2 %

NYSE:VLO opened at $133.65 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.57. The company has a market capitalization of $42.10 billion, a P/E ratio of 15.76, a P/E/G ratio of 2.93 and a beta of 1.36. The stock’s 50 day moving average price is $133.19 and its 200 day moving average price is $133.30. Valero Energy Co. has a 52 week low of $116.84 and a 52 week high of $184.79.

Valero Energy (NYSE:VLO) last announced its quarterly earnings results on Thursday, January 30th. The oil and gas company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.14 by $0.50. Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. On average, research analysts forecast that Valero Energy Co. will post 7.92 EPS for the current fiscal year.

Valero Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th were issued a dividend of $1.13 per share. This is a positive change from Valero Energy’s previous quarterly dividend of $1.07. This represents a $4.52 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend was Thursday, January 30th. Valero Energy’s dividend payout ratio (DPR) 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.