Thomasville National Bank Has $4.23 Million Position in Valero Energy Co. (NYSE:VLO)

Thomasville National Bank increased its holdings in shares of Valero Energy Co. (NYSE:VLO) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,506 shares of the oil and gas company’s stock after acquiring an additional 661 shares during the period. Thomasville National Bank’s holdings in Valero Energy were worth $4,230,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Peterson Financial Group Inc. acquired a new stake in shares of Valero Energy during the 3rd quarter valued at about $28,000. Compagnie Lombard Odier SCmA bought a new position in Valero Energy during the 3rd quarter valued at about $34,000. True Wealth Design LLC lifted its holdings in Valero Energy by 196.8% during the 3rd quarter. True Wealth Design LLC now owns 276 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 183 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in Valero Energy during the 3rd quarter valued at about $38,000. Finally, Ashton Thomas Securities LLC bought a new position in Valero Energy during the 3rd quarter valued at about $50,000. 78.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. TD Cowen dropped their target price on shares of Valero Energy from $145.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Barclays dropped their price target on shares of Valero Energy from $146.00 to $140.00 and set an “overweight” rating for the company in a research note on Monday, November 11th. Wells Fargo & Company dropped their price target on shares of Valero Energy from $165.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday, December 9th. BMO Capital Markets dropped their price target on shares of Valero Energy from $175.00 to $165.00 and set an “outperform” rating for the company in a research note on Friday, October 4th. Finally, Scotiabank dropped their price target on shares of Valero Energy from $173.00 to $141.00 and set a “sector outperform” rating for the company in a research note on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $154.57.

Valero Energy Stock Up 6.3 %

Shares of VLO stock traded up $8.01 during trading on Monday, reaching $135.16. The company’s stock had a trading volume of 2,480,560 shares, compared to its average volume of 2,339,412. The business has a fifty day moving average price of $130.99 and a 200-day moving average price of $138.89. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35. The company has a market cap of $42.79 billion, a price-to-earnings ratio of 12.12, a price-to-earnings-growth ratio of 2.43 and a beta of 1.42. Valero Energy Co. has a one year low of $116.84 and a one year high of $184.79.

Valero Energy (NYSE:VLO) last posted its quarterly earnings results on Thursday, October 24th. The oil and gas company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.16. Valero Energy had a net margin of 2.74% and a return on equity of 13.07%. The firm had revenue of $32.88 billion for the quarter, compared to analyst estimates of $31.04 billion. During the same period in the prior year, the firm posted $7.49 earnings per share. The company’s quarterly revenue was down 14.4% compared to the same quarter last year. Analysts anticipate that Valero Energy Co. will post 8.86 earnings per share for the current year.

Valero Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Wednesday, November 20th were given a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend was Wednesday, November 20th. Valero Energy’s payout ratio is presently 38.39%.

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.