OLD Second National Bank of Aurora Sells 804 Shares of Valero Energy Co. (NYSE:VLO)

OLD Second National Bank of Aurora lowered its holdings in shares of Valero Energy Co. (NYSE:VLO) by 3.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 24,424 shares of the oil and gas company’s stock after selling 804 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Valero Energy were worth $3,175,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VLO. Deutsche Bank AG boosted its stake in shares of Valero Energy by 5.8% during the 3rd quarter. Deutsche Bank AG now owns 1,005,346 shares of the oil and gas company’s stock worth $142,468,000 after acquiring an additional 55,351 shares during the last quarter. Stiles Financial Services Inc raised its holdings in Valero Energy by 49.7% during the fourth quarter. Stiles Financial Services Inc now owns 7,615 shares of the oil and gas company’s stock valued at $991,000 after acquiring an additional 2,529 shares during the period. Pacer Advisors Inc. lifted its position in shares of Valero Energy by 14.0% in the fourth quarter. Pacer Advisors Inc. now owns 2,788,994 shares of the oil and gas company’s stock valued at $362,569,000 after acquiring an additional 342,218 shares in the last quarter. Nordea Investment Management AB boosted its stake in Valero Energy by 3.0% in the 4th quarter. Nordea Investment Management AB now owns 645,726 shares of the oil and gas company’s stock worth $83,867,000 after purchasing an additional 18,575 shares during the period. Finally, Public Sector Pension Investment Board grew its holdings in Valero Energy by 10.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 83,290 shares of the oil and gas company’s stock valued at $11,803,000 after buying an additional 7,910 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.

Valero Energy Stock Performance

VLO traded down $2.62 during trading on Thursday, reaching $164.66. 770,294 shares of the company’s stock were exchanged, compared to its average volume of 3,332,056. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.56 and a quick ratio of 1.11. Valero Energy Co. has a 1 year low of $104.18 and a 1 year high of $184.79. The company’s fifty day simple moving average is $157.71 and its 200-day simple moving average is $138.95. The stock has a market capitalization of $54.75 billion, a P/E ratio of 6.68, a price-to-earnings-growth ratio of 1.63 and a beta of 1.54.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, January 25th. The oil and gas company reported $3.55 EPS for the quarter, beating the consensus estimate of $2.95 by $0.60. The company had revenue of $35.41 billion for the quarter, compared to analyst estimates of $34.76 billion. Valero Energy had a net margin of 6.10% and a return on equity of 31.62%. The firm’s revenue was down 15.2% on a year-over-year basis. During the same period in the prior year, the company earned $8.45 earnings per share. As a group, research analysts predict that Valero Energy Co. will post 17.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on VLO. Piper Sandler boosted their target price on shares of Valero Energy from $161.00 to $198.00 and gave the stock an “overweight” rating in a report on Wednesday, April 3rd. Scotiabank raised their price target on Valero Energy from $138.00 to $165.00 and gave the stock a “sector outperform” rating in a research report on Thursday, April 11th. Barclays upped their price target on shares of Valero Energy from $149.00 to $179.00 and gave the company an “overweight” rating in a report on Wednesday, April 3rd. Citigroup upped their price objective on Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Bank of America upgraded shares of Valero Energy from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $156.00 to $210.00 in a report on Friday, March 15th. One analyst has rated the stock with a sell rating, three have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $173.63.

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.