Seelaus Asset Management LLC acquired a new position in shares of Valero Energy Co. (NYSE:VLO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,500 shares of the oil and gas company’s stock, valued at approximately $214,000.

Several other hedge funds have also bought and sold shares of VLO. Balter Liquid Alternatives LLC raised its position in shares of Valero Energy by 151.3% in the 2nd quarter. Balter Liquid Alternatives LLC now owns 13,140 shares of the oil and gas company’s stock worth $1,125,000 after buying an additional 7,912 shares during the period. Janus Henderson Group PLC raised its position in shares of Valero Energy by 29.3% in the 2nd quarter. Janus Henderson Group PLC now owns 2,495,692 shares of the oil and gas company’s stock worth $213,658,000 after buying an additional 564,854 shares during the period. Signaturefd LLC raised its position in shares of Valero Energy by 8.2% in the 2nd quarter. Signaturefd LLC now owns 5,437 shares of the oil and gas company’s stock worth $465,000 after buying an additional 414 shares during the period. Cutter & CO Brokerage Inc. purchased a new position in shares of Valero Energy in the 2nd quarter worth $1,135,000. Finally, Advisor Group Inc. raised its position in shares of Valero Energy by 11.3% in the 2nd quarter. Advisor Group Inc. now owns 75,425 shares of the oil and gas company’s stock worth $6,461,000 after buying an additional 7,637 shares during the period. Institutional investors and hedge funds own 77.47% of the company’s stock.

NYSE:VLO traded up $2.06 during mid-day trading on Tuesday, hitting $79.21. The company had a trading volume of 116,789 shares, compared to its average volume of 3,221,689. The business has a fifty day simple moving average of $82.61. The company has a quick ratio of 0.92, a current ratio of 1.42 and a debt-to-equity ratio of 0.42. Valero Energy Co. has a 1 year low of $68.81 and a 1 year high of $122.42. The company has a market capitalization of $32.90 billion, a price-to-earnings ratio of 10.72, a price-to-earnings-growth ratio of 1.85 and a beta of 1.48.

Valero Energy (NYSE:VLO) last released its quarterly earnings data on Thursday, July 25th. The oil and gas company reported $1.51 EPS for the quarter, beating the consensus estimate of $1.37 by $0.14. Valero Energy had a return on equity of 11.31% and a net margin of 2.27%. The company had revenue of $28.93 billion for the quarter, compared to analyst estimates of $25.45 billion. During the same period last year, the company posted $2.15 earnings per share. The firm’s revenue was down 6.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Valero Energy Co. will post 5.34 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 4th. Shareholders of record on Tuesday, August 6th will be given a $0.90 dividend. This represents a $3.60 annualized dividend and a yield of 4.54%. The ex-dividend date of this dividend is Monday, August 5th. Valero Energy’s dividend payout ratio (DPR) is presently 48.85%.

VLO has been the topic of several research reports. Royal Bank of Canada set a $98.00 target price on Valero Energy and gave the stock a “buy” rating in a research report on Friday, July 26th. Goldman Sachs Group raised Valero Energy from a “neutral” rating to a “buy” rating and cut their target price for the stock from $96.00 to $92.00 in a research report on Thursday, June 6th. Morgan Stanley increased their target price on Valero Energy from $100.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, April 15th. JPMorgan Chase & Co. raised Valero Energy from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $102.00 to $105.00 in a research report on Tuesday, May 14th. Finally, Wells Fargo & Co set a $107.00 price objective on Valero Energy and gave the company a “buy” rating in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $105.47.

Valero Energy Profile

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Ethanol, and VLP (Valero Energy Partners LP). The company is involved in oil and gas refining, marketing, and bulk selling activities.

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

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