O Brien Greene & Co. Inc Raises Stake in Valero Energy Co. (NYSE:VLO)

O Brien Greene & Co. Inc raised its stake in Valero Energy Co. (NYSE:VLO) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,779 shares of the oil and gas company’s stock after acquiring an additional 662 shares during the quarter. Valero Energy makes up 2.4% of O Brien Greene & Co. Inc’s holdings, making the stock its 16th biggest position. O Brien Greene & Co. Inc’s holdings in Valero Energy were worth $6,731,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Cutter & CO Brokerage Inc. increased its stake in shares of Valero Energy by 2.4% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 4,981 shares of the oil and gas company’s stock worth $648,000 after purchasing an additional 116 shares in the last quarter. Deutsche Bank AG raised its holdings in Valero Energy by 5.8% during the 3rd quarter. Deutsche Bank AG now owns 1,005,346 shares of the oil and gas company’s stock valued at $142,468,000 after acquiring an additional 55,351 shares during the period. Stiles Financial Services Inc lifted its position in shares of Valero Energy by 49.7% during the fourth quarter. Stiles Financial Services Inc now owns 7,615 shares of the oil and gas company’s stock worth $991,000 after acquiring an additional 2,529 shares in the last quarter. Pacer Advisors Inc. grew its holdings in Valero Energy by 14.0% during the 4th quarter. Pacer Advisors Inc. now owns 2,788,994 shares of the oil and gas company’s stock valued at $362,569,000 after buying an additional 342,218 shares in the last quarter. Finally, Nordea Investment Management AB increased its position in shares of Valero Energy by 3.0% during the fourth quarter. Nordea Investment Management AB now owns 645,726 shares of the oil and gas company’s stock valued at $83,867,000 after buying an additional 18,575 shares during the period. Institutional investors own 78.69% of the company’s stock.

Valero Energy Trading Down 0.8 %

Shares of Valero Energy stock opened at $165.80 on Friday. Valero Energy Co. has a 1-year low of $104.18 and a 1-year high of $184.79. The company’s fifty day simple moving average is $161.07 and its 200-day simple moving average is $140.61. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.56 and a quick ratio of 1.11. The stock has a market capitalization of $55.13 billion, a PE ratio of 8.21, a P/E/G ratio of 1.52 and a beta of 1.54.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, April 25th. The oil and gas company reported $3.82 EPS for the quarter, beating the consensus estimate of $3.18 by $0.64. The firm had revenue of $31.76 billion during the quarter, compared to analyst estimates of $32.02 billion. Valero Energy had a net margin of 5.01% and a return on equity of 24.95%. Valero Energy’s revenue was down 12.8% on a year-over-year basis. During the same period last year, the firm posted $8.27 EPS. As a group, equities analysts anticipate that Valero Energy Co. will post 18.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on VLO shares. JPMorgan Chase & Co. boosted their target price on Valero Energy from $177.00 to $178.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. Raymond James upped their price objective on shares of Valero Energy from $154.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Mizuho lowered shares of Valero Energy from a “buy” rating to a “neutral” rating and lifted their target price for the company from $150.00 to $173.00 in a research report on Friday, March 22nd. Wells Fargo & Company boosted their price target on shares of Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 4th. Finally, Citigroup raised their price objective on shares of Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $173.63.

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.