Valero Energy Co. (NYSE:VLO) Shares Acquired by Czech National Bank

Czech National Bank increased its stake in shares of Valero Energy Co. (NYSE:VLO) by 4.0% in the 2nd quarter, Holdings Channel reports. The firm owned 62,313 shares of the oil and gas company’s stock after purchasing an additional 2,410 shares during the period. Czech National Bank’s holdings in Valero Energy were worth $9,768,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VLO. Lynx Investment Advisory acquired a new position in shares of Valero Energy during the second quarter valued at approximately $29,000. Rise Advisors LLC purchased a new stake in shares of Valero Energy during the first quarter worth approximately $33,000. Pathway Financial Advisers LLC acquired a new position in Valero Energy in the 1st quarter valued at $33,000. Wetzel Investment Advisors Inc. purchased a new position in Valero Energy in the 4th quarter valued at $36,000. Finally, First Foundation Advisors acquired a new stake in Valero Energy during the 1st quarter worth $37,000. 78.69% of the stock is owned by hedge funds and other institutional investors.

Valero Energy Stock Up 0.7 %

Shares of VLO stock traded up $1.07 during trading on Monday, reaching $152.15. The company’s stock had a trading volume of 255,135 shares, compared to its average volume of 3,024,297. The stock’s 50-day moving average price is $152.25 and its 200 day moving average price is $155.11. The company has a market capitalization of $48.75 billion, a price-to-earnings ratio of 7.48, a P/E/G ratio of 2.89 and a beta of 1.42. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.48 and a quick ratio of 1.04. Valero Energy Co. has a 1-year low of $119.88 and a 1-year high of $184.79.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, July 25th. The oil and gas company reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.60 by $0.11. Valero Energy had a return on equity of 21.01% and a net margin of 4.25%. The business had revenue of $34.49 billion for the quarter, compared to analysts’ expectations of $32.97 billion. During the same period last year, the firm earned $5.40 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year. On average, research analysts anticipate that Valero Energy Co. will post 13.06 EPS for the current year.

Valero Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 1st will be given a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date is Thursday, August 1st. Valero Energy’s dividend payout ratio is presently 21.20%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VLO. StockNews.com downgraded shares of Valero Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Citigroup upped their price target on Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a research note on Thursday, April 18th. TD Cowen cut their price objective on Valero Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research report on Monday, April 29th. Piper Sandler decreased their target price on shares of Valero Energy from $187.00 to $169.00 and set an “overweight” rating on the stock in a research report on Friday, June 14th. Finally, Barclays lowered their target price on shares of Valero Energy from $171.00 to $165.00 and set an “overweight” rating for the company in a research note on Tuesday, July 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $174.00.

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.