International Private Wealth Advisors LLC Has $276,000 Stock Position in Valero Energy Co. (NYSE:VLO)

International Private Wealth Advisors LLC raised its position in Valero Energy Co. (NYSE:VLO) by 18.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,251 shares of the oil and gas company’s stock after acquiring an additional 343 shares during the period. International Private Wealth Advisors LLC’s holdings in Valero Energy were worth $276,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new stake in Valero Energy in the 4th quarter valued at $25,000. Peterson Financial Group Inc. acquired a new position in shares of Valero Energy during the third quarter valued at about $28,000. Tobam bought a new stake in shares of Valero Energy during the fourth quarter worth about $30,000. Compagnie Lombard Odier SCmA bought a new stake in shares of Valero Energy during the third quarter worth about $34,000. Finally, True Wealth Design LLC lifted its position in Valero Energy by 196.8% in the 3rd quarter. True Wealth Design LLC now owns 276 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 183 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.

Valero Energy Stock Up 2.8 %

Valero Energy stock opened at $136.76 on Tuesday. The firm has a 50 day moving average price of $130.66 and a 200-day moving average price of $137.05. Valero Energy Co. has a twelve month low of $116.84 and a twelve month high of $184.79. The company has a market capitalization of $43.30 billion, a P/E ratio of 16.13, a P/E/G ratio of 2.85 and a beta of 1.42. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35.

Valero Energy (NYSE:VLO) last issued its quarterly earnings results on Thursday, January 30th. The oil and gas company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.50. Valero Energy had a return on equity of 9.58% and a net margin of 2.13%. As a group, equities analysts predict that Valero Energy Co. will post 7.86 EPS for the current year.

Valero Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, January 30th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date is Thursday, January 30th. This is a positive change from Valero Energy’s previous quarterly dividend of $1.07. Valero Energy’s dividend payout ratio (DPR) is currently 53.30%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. TD Cowen decreased their price objective on Valero Energy from $145.00 to $140.00 and set a “buy” rating for the company in a report on Friday, October 25th. Barclays decreased their price target on Valero Energy from $146.00 to $140.00 and set an “overweight” rating for the company in a report on Monday, November 11th. Mizuho dropped their price objective on Valero Energy from $165.00 to $158.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Wells Fargo & Company reduced their target price on shares of Valero Energy from $160.00 to $159.00 and set an “overweight” rating for the company in a research note on Friday, January 31st. Finally, Bank of America started coverage on shares of Valero Energy in a research report on Thursday, October 17th. They set a “neutral” rating and a $150.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Valero Energy has a consensus rating of “Moderate Buy” and an average target price of $154.46.

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.