De Lisle Partners LLP Buys 10,000 Shares of Valaris Limited $VAL

De Lisle Partners LLP increased its stake in Valaris Limited (NYSE:VAL) by 17.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,321 shares of the company’s stock after buying an additional 10,000 shares during the quarter. De Lisle Partners LLP owned about 0.10% of Valaris worth $3,444,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Wexford Capital LP bought a new stake in Valaris in the third quarter worth $41,000. Signaturefd LLC increased its stake in Valaris by 22.1% in the fourth quarter. Signaturefd LLC now owns 1,133 shares of the company’s stock worth $57,000 after purchasing an additional 205 shares during the period. EverSource Wealth Advisors LLC increased its stake in Valaris by 240.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock worth $78,000 after purchasing an additional 1,308 shares during the period. Leonteq Securities AG purchased a new stake in Valaris in the fourth quarter worth $109,000. Finally, Hantz Financial Services Inc. increased its stake in Valaris by 57.2% in the fourth quarter. Hantz Financial Services Inc. now owns 4,460 shares of the company’s stock worth $225,000 after purchasing an additional 1,623 shares during the period. 96.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VAL has been the topic of a number of recent analyst reports. BTIG Research lowered Valaris from a “buy” rating to a “hold” rating in a research note on Monday, March 9th. Pareto Securities lowered Valaris from a “hold” rating to a “sell” rating and set a $80.00 target price on the stock. in a research note on Monday, February 23rd. Susquehanna increased their target price on Valaris from $96.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 7th. Finally, Weiss Ratings lowered Valaris from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Nine analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $63.19.

Valaris Stock Performance

VAL stock opened at $90.02 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.34. The business’s fifty day simple moving average is $96.06 and its two-hundred day simple moving average is $79.47. Valaris Limited has a twelve month low of $41.03 and a twelve month high of $114.12. The firm has a market cap of $6.23 billion, a price-to-earnings ratio of 6.30 and a beta of 0.91.

Valaris (NYSE:VAL) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.19). The firm had revenue of $465.40 million for the quarter, compared to analysts’ expectations of $443.75 million. Valaris had a net margin of 45.37% and a return on equity of 12.31%. The business’s quarterly revenue was down 25.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.53) EPS. Analysts predict that Valaris Limited will post 3.18 earnings per share for the current year.

About Valaris

Valaris PLC is a leading provider of offshore drilling services to the global energy industry. The company operates a diverse fleet of mobile offshore drilling units, including drillships, semisubmersibles and jackup rigs, designed to support exploration and production activities in deepwater, ultra-deepwater and harsh?environment settings. Valaris serves a wide range of international oil and gas customers, offering turnkey drilling solutions, project management and advanced technology integration to enhance operational efficiency and safety.

Headquartered in Houston, Texas, Valaris maintains a significant presence in key offshore basins around the world.