Valero Energy Co. (NYSE:VLO) Holdings Cut by Mather Group LLC.

Mather Group LLC. lowered its holdings in Valero Energy Co. (NYSE:VLO) by 22.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,515 shares of the oil and gas company’s stock after selling 1,033 shares during the period. Mather Group LLC.’s holdings in Valero Energy were worth $431,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Czech National Bank raised its holdings in shares of Valero Energy by 4.7% during the third quarter. Czech National Bank now owns 65,264 shares of the oil and gas company’s stock valued at $8,813,000 after buying an additional 2,951 shares during the last quarter. Brookstone Capital Management raised its holdings in shares of Valero Energy by 16.7% during the third quarter. Brookstone Capital Management now owns 7,383 shares of the oil and gas company’s stock valued at $997,000 after buying an additional 1,057 shares during the last quarter. Tilia Fiduciary Partners Inc. bought a new stake in shares of Valero Energy during the third quarter valued at approximately $1,965,000. Peddock Capital Advisors LLC raised its holdings in shares of Valero Energy by 2.5% during the third quarter. Peddock Capital Advisors LLC now owns 9,325 shares of the oil and gas company’s stock valued at $1,259,000 after buying an additional 227 shares during the last quarter. Finally, Perpetual Ltd raised its holdings in shares of Valero Energy by 8.6% during the third quarter. Perpetual Ltd now owns 7,479 shares of the oil and gas company’s stock valued at $1,010,000 after buying an additional 590 shares during the last quarter. Institutional investors own 78.69% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VLO shares. Mizuho cut their price target on Valero Energy from $165.00 to $158.00 and set an “outperform” rating on the stock in a report on Wednesday, January 8th. Barclays lowered their price objective on shares of Valero Energy from $146.00 to $140.00 and set an “overweight” rating on the stock in a research note on Monday, November 11th. Wells Fargo & Company lowered their price objective on shares of Valero Energy from $160.00 to $159.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. Bank of America began coverage on shares of Valero Energy in a research note on Thursday, October 17th. They set a “neutral” rating and a $150.00 price objective on the stock. Finally, Piper Sandler upgraded shares of Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.46.

Valero Energy Trading Down 1.7 %

NYSE VLO opened at $140.54 on Thursday. Valero Energy Co. has a twelve month low of $116.84 and a twelve month high of $184.79. 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 stock has a market cap of $44.49 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 2.67 and a beta of 1.42. The firm’s 50 day moving average price is $130.82 and its two-hundred day moving average price is $137.31.

Valero Energy (NYSE:VLO) last posted its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share 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%. Equities analysts anticipate that Valero Energy Co. will post 8.29 EPS for the current year.

Valero Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th will be paid a dividend of $1.13 per share. The ex-dividend date of this dividend is Thursday, January 30th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.22%. This is a positive change from Valero Energy’s previous quarterly dividend of $1.07. 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.