Valmark Advisers Inc. lifted its holdings in Valero Power Co. (NYSE:VLO – Free Report) by 10.4% through the second quarter, in response to its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The agency owned 1,412 shares of the oil and gasoline firm’s inventory after shopping for an extra 133 shares through the quarter. Valmark Advisers Inc.’s holdings in Valero Power have been value $221,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers additionally just lately modified their holdings of the enterprise. Norges Financial institution bought a brand new stake in Valero Power within the fourth quarter value about $570,428,000. Putnam Investments LLC boosted its place in shares of Valero Power by 3.7% within the 4th quarter. Putnam Investments LLC now owns 3,445,821 shares of the oil and gasoline firm’s inventory value $447,957,000 after buying an extra 122,207 shares within the final quarter. Montrusco Bolton Investments Inc. grew its stake in shares of Valero Power by 18.7% within the 4th quarter. Montrusco Bolton Investments Inc. now owns 2,389,654 shares of the oil and gasoline firm’s inventory value $310,655,000 after shopping for an extra 376,449 shares over the past quarter. Worth T Rowe Associates Inc. MD raised its stake in Valero Power by 3.3% through the first quarter. Worth T Rowe Associates Inc. MD now owns 2,063,923 shares of the oil and gasoline firm’s inventory valued at $352,292,000 after shopping for an extra 65,632 shares over the past quarter. Lastly, Acadian Asset Administration LLC boosted its holdings in Valero Power by 37.6% within the first quarter. Acadian Asset Administration LLC now owns 1,558,750 shares of the oil and gasoline firm’s inventory value $266,040,000 after buying an extra 426,093 shares within the final quarter. 78.69% of the inventory is at present owned by institutional buyers.
Valero Power Inventory Efficiency
Shares of VLO opened at $141.37 on Wednesday. The agency has a market capitalization of $46.23 billion, a P/E ratio of seven.00, a PEG ratio of two.85 and a beta of 1.42. The corporate has a debt-to-equity ratio of 0.34, a present ratio of 1.48 and a fast ratio of 1.04. Valero Power Co. has a one yr low of $119.88 and a one yr excessive of $184.79. The enterprise has a fifty day shifting common of $149.89 and a 200 day shifting common of $155.76.
Valero Power (NYSE:VLO – Get Free Report) final launched its quarterly earnings outcomes on Thursday, July twenty fifth. The oil and gasoline firm reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.60 by $0.11. Valero Power had a return on fairness of 21.01% and a internet margin of 4.25%. The enterprise had income of $34.49 billion through the quarter, in comparison with the consensus estimate of $32.97 billion. Throughout the identical interval within the earlier yr, the corporate posted $5.40 EPS. The enterprise’s quarterly income was down .1% in comparison with the identical quarter final yr. As a bunch, sell-side analysts anticipate that Valero Power Co. will publish 12.86 EPS for the present yr.
Valero Power Dividend Announcement
The agency additionally just lately introduced a quarterly dividend, which was paid on Tuesday, September third. Shareholders of document on Thursday, August 1st have been issued a dividend of $1.07 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $4.28 dividend on an annualized foundation and a yield of three.03%. Valero Power’s dividend payout ratio is at present 21.20%.
Analysts Set New Worth Targets
VLO has been the topic of a number of analyst studies. Wells Fargo & Firm raised their value goal on Valero Power from $165.00 to $172.00 and gave the corporate an “equal weight” ranking in a report on Tuesday. Scotiabank lifted their goal value on shares of Valero Power from $165.00 to $173.00 and gave the inventory a “sector outperform” ranking in a report on Friday, July twelfth. Mizuho upgraded shares of Valero Power from a “impartial” ranking to an “outperform” ranking and elevated their value goal for the corporate from $165.00 to $175.00 in a report on Wednesday, July seventeenth. Barclays diminished their value goal on shares of Valero Power from $171.00 to $165.00 and set an “obese” ranking for the corporate in a analysis report on Tuesday, July ninth. Lastly, Wolfe Analysis initiated protection on Valero Power in a analysis report on Thursday, July 18th. They issued an “outperform” ranking and a $177.00 value goal on the inventory. One analysis analyst has rated the inventory with a promote ranking, 4 have issued a maintain ranking, ten have assigned a purchase ranking and one has assigned a powerful purchase ranking to the inventory. Based on knowledge from MarketBeat, the inventory has a median ranking of “Average Purchase” and a median goal value of $174.50.
Learn Our Newest Evaluation on VLO
Valero Power Firm 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 means of three segments: Refining, Renewable Diesel, and Ethanol.
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