Thomasville National Bank Purchases 354 Shares of Valero Energy Co. (NYSE:VLO)

Thomasville National Bank raised its position in Valero Energy Co. (NYSE:VLOFree Report) by 1.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 34,133 shares of the oil and gas company’s stock after purchasing an additional 354 shares during the quarter. Thomasville National Bank’s holdings in Valero Energy were worth $5,826,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Woodstock Corp bought a new stake in Valero Energy during the 1st quarter worth approximately $256,000. Collective Family Office LLC boosted its stake in Valero Energy by 1.5% in the first quarter. Collective Family Office LLC now owns 4,040 shares of the oil and gas company’s stock worth $690,000 after purchasing an additional 58 shares in the last quarter. Farmers Trust Co. grew its holdings in shares of Valero Energy by 4.8% during the first quarter. Farmers Trust Co. now owns 2,838 shares of the oil and gas company’s stock worth $484,000 after purchasing an additional 130 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its holdings in shares of Valero Energy by 0.8% in the first quarter. Massmutual Trust Co. FSB ADV now owns 34,518 shares of the oil and gas company’s stock valued at $5,892,000 after buying an additional 261 shares during the last quarter. Finally, Rise Advisors LLC acquired a new position in Valero Energy during the 1st quarter worth about $33,000. 78.69% of the stock is owned by institutional investors.

Valero Energy Trading Up 1.7 %

Shares of VLO stock traded up $2.52 on Thursday, reaching $152.46. The company had a trading volume of 3,202,400 shares, compared to its average volume of 3,094,879. The stock has a market cap of $49.85 billion, a PE ratio of 7.55, a PEG ratio of 1.44 and a beta of 1.47. The company has a 50-day moving average of $159.11 and a 200-day moving average of $148.87. The company has a current ratio of 1.59, a quick ratio of 1.10 and a debt-to-equity ratio of 0.35. Valero Energy Co. has a 12 month low of $108.28 and a 12 month high of $184.79.

Valero Energy (NYSE:VLOGet Free Report) last issued its earnings results on Thursday, April 25th. The oil and gas company reported $3.82 EPS for the quarter, beating the consensus estimate of $3.18 by $0.64. The firm had revenue of $31.76 billion during the quarter, compared to the consensus estimate of $32.02 billion. Valero Energy had a net margin of 5.01% and a return on equity of 24.82%. The business’s quarterly revenue was down 12.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $8.27 earnings per share. On average, equities analysts forecast that Valero Energy Co. will post 17.32 earnings per share for the current year.

Valero Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 30th will be issued a dividend of $1.07 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $4.28 annualized dividend and a yield of 2.81%. Valero Energy’s dividend payout ratio is presently 21.20%.

Insider Buying and Selling at Valero Energy

In other news, Director Kimberly S. Greene sold 720 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $158.12, for a total transaction of $113,846.40. Following the sale, the director now owns 13,314 shares of the company’s stock, valued at $2,105,209.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.04% of the company’s stock.

Wall Street Analyst Weigh In

VLO has been the subject of several research reports. The Goldman Sachs Group raised their price objective on shares of Valero Energy from $130.00 to $171.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. TD Cowen dropped their price objective on shares of Valero Energy from $190.00 to $185.00 and set a “buy” rating for the company in a research report on Monday, April 29th. Argus lowered Valero Energy from a “buy” rating to a “hold” rating in a research report on Thursday, May 16th. UBS Group boosted their target price on Valero Energy from $167.00 to $197.00 and gave the stock a “buy” rating in a research report on Tuesday, March 26th. Finally, StockNews.com upgraded Valero Energy from a “hold” rating to a “buy” rating in a report on Saturday, June 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $172.00.

Read Our Latest Report on VLO

Valero Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Valero Energy (NYSE:VLO)

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