IFM Buyers Pty Ltd lessened its stake in shares of Valero Power Co. (NYSE:VLO – Free Report) by 8.9% within the third quarter, in line with the corporate in its most up-to-date Kind 13F submitting with the SEC. The agency owned 60,815 shares of the oil and fuel firm’s inventory after promoting 5,927 shares in the course of the quarter. IFM Buyers Pty Ltd’s holdings in Valero Power have been value $8,212,000 on the finish of the newest quarter.
Different institutional traders and hedge funds have additionally just lately made modifications to their positions within the firm. EdgeRock Capital LLC purchased a brand new stake in Valero Power within the 2nd quarter value $27,000. Lynx Funding Advisory purchased a brand new stake in shares of Valero Power within the second quarter value about $29,000. Summit Securities Group LLC bought a brand new place in Valero Power in the course of the 2nd quarter valued at about $31,000. Pathway Monetary Advisers LLC bought a brand new stake in Valero Power within the 1st quarter value roughly $33,000. Lastly, Compagnie Lombard Odier SCmA purchased a brand new stake in shares of Valero Power within the third quarter value roughly $34,000. Institutional traders personal 78.69% of the corporate’s inventory.
Valero Power Inventory Efficiency
Shares of VLO inventory opened at $132.40 on Friday. The corporate has a debt-to-equity ratio of 0.34, a fast ratio of 1.04 and a present ratio of 1.48. The corporate has a market capitalization of $42.42 billion, a price-to-earnings ratio of seven.57, a price-to-earnings-growth ratio of three.53 and a beta of 1.39. Valero Power Co. has a one yr low of $119.88 and a one yr excessive of $184.79. The corporate’s 50-day shifting common is $138.55 and its 200 day shifting common is $150.47.
Valero Power (NYSE:VLO – Get Free Report) final launched its quarterly earnings knowledge on Thursday, October twenty fourth. The oil and fuel firm reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.16. The enterprise had income of $32.88 billion for the quarter, in comparison with analysts’ expectations of $31.04 billion. Valero Power had a return on fairness of 21.01% and a internet margin of 4.25%. The agency’s quarterly income was down 14.4% on a year-over-year foundation. Throughout the identical interval within the prior yr, the agency posted $7.49 EPS. Promote-side analysts anticipate that Valero Power Co. will put up 9.6 EPS for the present fiscal yr.
Wall Avenue Analysts Forecast Progress
Quite a few analysts just lately commented on the corporate. Financial institution of America started protection on Valero Power in a analysis notice on Thursday, October seventeenth. They issued a “impartial” ranking and a $150.00 worth goal for the corporate. Piper Sandler lowered shares of Valero Power from an “chubby” ranking to a “impartial” ranking and reduce their goal worth for the corporate from $169.00 to $123.00 in a analysis notice on Friday, September twentieth. Scotiabank diminished their worth goal on shares of Valero Power from $173.00 to $141.00 and set a “sector outperform” ranking on the inventory in a analysis report on Thursday, October tenth. StockNews.com reduce Valero Power from a “purchase” ranking to a “maintain” ranking in a analysis report on Wednesday, July seventeenth. Lastly, BMO Capital Markets decreased their goal worth on Valero Power from $175.00 to $165.00 and set an “outperform” ranking for the corporate in a analysis report on Friday, October 4th. One funding analyst has rated the inventory with a promote ranking, 5 have given a maintain ranking, ten have assigned a purchase ranking and one has issued a robust purchase ranking to the corporate. Primarily based on knowledge from MarketBeat.com, Valero Power presently has a consensus ranking of “Average Purchase” and a consensus goal worth of $154.53.
Learn Our Newest Inventory Report on Valero Power
Valero Power Profile
Valero Power Company manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical merchandise in the USA, Canada, the UK, Eire, Latin America, Mexico, Peru, and internationally. It operates by three segments: Refining, Renewable Diesel, and Ethanol.
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