Roundview Capital LLC Sells 420 Shares of Valero Energy Corporation $VLO

Roundview Capital LLC lessened its position in shares of Valero Energy Corporation (NYSE:VLO) by 2.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,645 shares of the oil and gas company’s stock after selling 420 shares during the period. Roundview Capital LLC’s holdings in Valero Energy were worth $2,103,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in VLO. Price T Rowe Associates Inc. MD boosted its holdings in shares of Valero Energy by 276.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 10,795,436 shares of the oil and gas company’s stock worth $1,425,754,000 after acquiring an additional 7,931,018 shares during the period. Vanguard Group Inc. raised its position in shares of Valero Energy by 12.0% in the first quarter. Vanguard Group Inc. now owns 38,881,222 shares of the oil and gas company’s stock valued at $5,135,043,000 after buying an additional 4,155,522 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Valero Energy in the first quarter valued at approximately $529,864,000. Invesco Ltd. raised its position in shares of Valero Energy by 34.1% in the first quarter. Invesco Ltd. now owns 4,905,145 shares of the oil and gas company’s stock valued at $647,823,000 after buying an additional 1,247,196 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Valero Energy by 6.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 11,437,765 shares of the oil and gas company’s stock valued at $1,510,586,000 after buying an additional 736,533 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on VLO. Citigroup downgraded shares of Valero Energy from a “buy” rating to a “neutral” rating and lifted their price target for the company from $134.00 to $150.00 in a research report on Wednesday, July 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Valero Energy in a research report on Saturday, September 27th. Evercore ISI lifted their price target on shares of Valero Energy from $135.00 to $185.00 and gave the company an “in-line” rating in a research report on Friday, September 19th. Wolfe Research downgraded shares of Valero Energy from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 14th. Finally, Raymond James Financial lifted their price target on shares of Valero Energy from $170.00 to $177.00 and gave the company a “strong-buy” rating in a research report on Tuesday, September 9th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $168.07.

Valero Energy Stock Down 0.2%

Shares of VLO opened at $163.13 on Wednesday. Valero Energy Corporation has a one year low of $99.00 and a one year high of $178.43. The company has a market cap of $50.68 billion, a P/E ratio of 67.97, a P/E/G ratio of 1.73 and a beta of 1.05. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.62 and a quick ratio of 1.11. The firm has a 50 day simple moving average of $151.99 and a two-hundred day simple moving average of $137.36.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, July 24th. The oil and gas company reported $2.28 EPS for the quarter, beating the consensus estimate of $1.66 by $0.62. Valero Energy had a net margin of 0.62% and a return on equity of 5.76%. The business had revenue of $29.89 billion during the quarter, compared to the consensus estimate of $27 billion. During the same period in the previous year, the business earned $2.71 earnings per share. The company’s revenue was down 13.3% on a year-over-year basis. Research analysts forecast that Valero Energy Corporation will post 7.92 EPS for the current fiscal year.

Valero Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Thursday, July 31st were issued a dividend of $1.13 per share. The ex-dividend date was Thursday, July 31st. This represents a $4.52 annualized dividend and a dividend yield of 2.8%. Valero Energy’s dividend payout ratio is 188.33%.

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.