Checchi Capital Advisers LLC Purchases 121 Shares of Valero Energy Co. (NYSE:VLO)

Checchi Capital Advisers LLC raised its holdings in shares of Valero Energy Co. (NYSE:VLOFree Report) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,806 shares of the oil and gas company’s stock after acquiring an additional 121 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Valero Energy were worth $755,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Valero Energy in the 3rd quarter valued at $28,000. BKM Wealth Management LLC bought a new stake in shares of Valero Energy in the fourth quarter worth about $26,000. Wetzel Investment Advisors Inc. purchased a new stake in shares of Valero Energy in the fourth quarter worth about $36,000. FSC Wealth Advisors LLC bought a new position in Valero Energy during the fourth quarter valued at approximately $38,000. Finally, Authentikos Wealth Advisory LLC bought a new position in Valero Energy during the third quarter valued at approximately $42,000. 78.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Valero Energy

In other Valero Energy news, Director Kimberly S. Greene sold 720 shares of the firm’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $158.12, for a total transaction of $113,846.40. Following the transaction, the director now directly owns 13,314 shares in the company, valued at approximately $2,105,209.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is owned by company insiders.

Valero Energy Stock Down 0.1 %

NYSE:VLO opened at $155.90 on Tuesday. The company has a market cap of $50.98 billion, a price-to-earnings ratio of 7.72, a price-to-earnings-growth ratio of 1.44 and a beta of 1.55. Valero Energy Co. has a twelve month low of $105.66 and a twelve month high of $184.79. The company has a current ratio of 1.59, a quick ratio of 1.10 and a debt-to-equity ratio of 0.35. The stock has a fifty day simple moving average of $164.65 and a 200-day simple moving average of $142.79.

Valero Energy (NYSE:VLOGet Free Report) last announced its quarterly earnings data on Thursday, April 25th. The oil and gas company reported $3.82 earnings per share for the quarter, beating analysts’ consensus estimates of $3.18 by $0.64. The company 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 24.82%. The firm’s revenue for the quarter was down 12.8% on a year-over-year basis. During the same quarter last year, the business posted $8.27 EPS. Analysts anticipate that Valero Energy Co. will post 18.01 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on VLO. Barclays decreased their price objective on Valero Energy from $179.00 to $173.00 and set an “overweight” rating on the stock in a report on Tuesday, April 30th. UBS Group boosted their target price on shares of Valero Energy from $167.00 to $197.00 and gave the stock a “buy” rating in a report on Tuesday, March 26th. Scotiabank increased their price target on shares of Valero Energy from $138.00 to $165.00 and gave the company a “sector outperform” rating in a report on Thursday, April 11th. Citigroup boosted their price objective on Valero Energy from $160.00 to $192.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. Finally, TD Cowen decreased their price objective on Valero Energy from $190.00 to $185.00 and set a “buy” rating on the stock in a research report on Monday, April 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Valero Energy has a consensus rating of “Moderate Buy” and a consensus target price of $174.60.

Read Our Latest Report on VLO

Valero Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Valero Energy (NYSE:VLO)

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