Lindbrook Capital LLC Reduces Stock Position in Valero Energy Co. (NYSE:VLO)

Lindbrook Capital LLC reduced its holdings in shares of Valero Energy Co. (NYSE:VLO) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,427 shares of the oil and gas company’s stock after selling 275 shares during the quarter. Lindbrook Capital LLC’s holdings in Valero Energy were worth $186,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. BKM Wealth Management LLC acquired a new position in Valero Energy during the 4th quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Valero Energy in the third quarter worth about $28,000. Wetzel Investment Advisors Inc. bought a new stake in Valero Energy in the fourth quarter valued at about $36,000. FSC Wealth Advisors LLC acquired a new stake in Valero Energy during the fourth quarter valued at approximately $38,000. Finally, Authentikos Wealth Advisory LLC bought a new position in Valero Energy during the 3rd quarter worth approximately $42,000. Institutional investors and hedge funds own 78.69% of the company’s stock.

Valero Energy Price Performance

Shares of NYSE VLO opened at $165.94 on Tuesday. The stock has a market cap of $55.17 billion, a P/E ratio of 6.71, a P/E/G ratio of 1.50 and a beta of 1.54. The firm’s 50-day simple moving average is $159.00 and its 200 day simple moving average is $139.68. Valero Energy Co. has a fifty-two week low of $104.18 and a fifty-two week high of $184.79. The company has a quick ratio of 1.11, a current ratio of 1.56 and a debt-to-equity ratio of 0.35.

Valero Energy (NYSE:VLO) last released its 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 firm had revenue of $35.41 billion for the quarter, compared to analysts’ expectations of $34.76 billion. Valero Energy had a net margin of 6.10% and a return on equity of 31.62%. Valero Energy’s quarterly revenue was down 15.2% on a year-over-year basis. During the same quarter last year, the company earned $8.45 EPS. Equities analysts expect that Valero Energy Co. will post 18.25 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VLO shares. Citigroup upped their price target on Valero Energy from $160.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday, April 18th. Barclays raised their price target on shares of Valero Energy from $149.00 to $179.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 3rd. JPMorgan Chase & Co. boosted their price objective on shares of Valero Energy from $177.00 to $178.00 and gave the company an “overweight” rating in a research report on Monday, April 1st. Wells Fargo & Company increased their price objective on shares of Valero Energy from $171.00 to $184.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 4th. Finally, UBS Group lifted their target price on Valero Energy from $167.00 to $197.00 and gave the company a “buy” rating in a research note on Tuesday, March 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.63.

About Valero Energy

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.