Threadgill Financial LLC Sells 100 Shares of Valero Energy Co. (NYSE:VLO)

Threadgill Financial LLC lessened its position in shares of Valero Energy Co. (NYSE:VLO) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,585 shares of the oil and gas company’s stock after selling 100 shares during the quarter. Valero Energy comprises 0.7% of Threadgill Financial LLC’s holdings, making the stock its 19th biggest position. Threadgill Financial LLC’s holdings in Valero Energy were worth $1,298,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VLO. Peterson Financial Group Inc. acquired a new position in shares of Valero Energy during the third quarter worth $28,000. Compagnie Lombard Odier SCmA purchased a new position in Valero Energy during the 3rd quarter worth $34,000. True Wealth Design LLC increased its position 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 buying an additional 183 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new stake in Valero Energy in the third quarter valued at about $38,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Valero Energy in the third quarter worth about $50,000. Hedge funds and other institutional investors own 78.69% of the company’s stock.

Valero Energy Price Performance

Shares of VLO stock opened at $127.27 on Monday. The firm’s 50-day moving average is $130.99 and its two-hundred day moving average is $138.89. Valero Energy Co. has a 12 month low of $116.84 and a 12 month high of $184.79. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.57 and a quick ratio of 1.11. The company has a market capitalization of $40.29 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 2.43 and a beta of 1.42.

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

Valero Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Wednesday, November 20th were given a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend was Wednesday, November 20th. Valero Energy’s dividend payout ratio is presently 38.39%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on VLO shares. Mizuho decreased their price objective on shares of Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. The Goldman Sachs Group lowered their price objective on shares of Valero Energy from $149.00 to $131.00 and set a “sell” rating for the company in a research note on Monday, September 16th. JPMorgan Chase & Co. cut their target price on Valero Energy from $172.00 to $151.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 2nd. BMO Capital Markets reduced their target price on 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, Bank of America assumed coverage on Valero Energy in a report on Thursday, October 17th. They issued a “neutral” rating and a $150.00 price objective on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $154.57.

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.