Valero Energy Co. (NYSE:VLO) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC decreased its stake in Valero Energy Co. (NYSE:VLO) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,993 shares of the oil and gas company’s stock after selling 1,082 shares during the quarter. Calamos Advisors LLC’s holdings in Valero Energy were worth $9,749,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VLO. Marino Stram & Associates LLC boosted its position in Valero Energy by 0.9% during the fourth quarter. Marino Stram & Associates LLC now owns 8,384 shares of the oil and gas company’s stock worth $1,090,000 after acquiring an additional 77 shares during the last quarter. Miller Howard Investments Inc. NY boosted its position in Valero Energy by 0.5% during the third quarter. Miller Howard Investments Inc. NY now owns 16,630 shares of the oil and gas company’s stock worth $2,357,000 after acquiring an additional 79 shares during the last quarter. First Trust Direct Indexing L.P. boosted its position in Valero Energy by 0.8% during the third quarter. First Trust Direct Indexing L.P. now owns 10,000 shares of the oil and gas company’s stock worth $1,417,000 after acquiring an additional 81 shares during the last quarter. Arkadios Wealth Advisors boosted its position in Valero Energy by 5.0% during the fourth quarter. Arkadios Wealth Advisors now owns 1,690 shares of the oil and gas company’s stock worth $220,000 after acquiring an additional 81 shares during the last quarter. Finally, Fulcrum Equity Management boosted its position in Valero Energy by 1.0% during the fourth quarter. Fulcrum Equity Management now owns 8,806 shares of the oil and gas company’s stock worth $1,145,000 after acquiring an additional 86 shares during the last quarter. Institutional investors and hedge funds own 78.69% of the company’s stock.

Wall Street Analyst Weigh In

VLO has been the topic of a number of recent research reports. Raymond James boosted their price target on shares of Valero Energy from $154.00 to $155.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Mizuho downgraded shares of Valero Energy from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $150.00 to $173.00 in a research note on Friday, March 22nd. Citigroup lifted their target price on shares of Valero Energy from $160.00 to $192.00 and gave the stock a “buy” rating in a research note on Thursday. TD Cowen lifted their target price on shares of Valero Energy from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. Finally, Wells Fargo & Company lifted their target price on shares of Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 4th. One analyst has rated the stock with a sell rating, three have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $173.63.

Valero Energy Price Performance

Valero Energy stock opened at $163.90 on Friday. Valero Energy Co. has a 1 year low of $104.18 and a 1 year high of $184.79. The company’s 50 day simple moving average is $158.54 and its 200-day simple moving average is $139.29. The company has a market capitalization of $54.49 billion, a price-to-earnings ratio of 6.63, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.56.

Valero Energy (NYSE:VLO) last announced its earnings results on Thursday, January 25th. The oil and gas company reported $3.55 earnings per share for the quarter, topping the consensus estimate of $2.95 by $0.60. Valero Energy had a net margin of 6.10% and a return on equity of 31.62%. The firm had revenue of $35.41 billion for the quarter, compared to the consensus estimate of $34.76 billion. During the same period in the prior year, the firm earned $8.45 EPS. The firm’s revenue for the quarter was down 15.2% on a year-over-year basis. As a group, equities research analysts expect that Valero Energy Co. will post 18.25 earnings per share for the current year.

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.