Mason Street Advisors LLC Has $5.05 Million Position in Valero Energy Co. (VLO)

Mason Street Advisors LLC lowered its stake in shares of Valero Energy Co. (NYSE:VLO) by 0.4% in the first quarter, HoldingsChannel.com reports. The firm owned 59,578 shares of the oil and gas company’s stock after selling 243 shares during the quarter. Mason Street Advisors LLC’s holdings in Valero Energy were worth $5,054,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in VLO. Sontag Advisory LLC acquired a new position in Valero Energy during the 4th quarter valued at approximately $25,000. Athena Capital Advisors LLC acquired a new position in Valero Energy during the 4th quarter valued at approximately $28,000. Strategic Wealth Partners Ltd. boosted its position in Valero Energy by 876.2% during the 4th quarter. Strategic Wealth Partners Ltd. now owns 410 shares of the oil and gas company’s stock valued at $33,000 after purchasing an additional 368 shares during the period. JNBA Financial Advisors boosted its position in Valero Energy by 126.0% during the 4th quarter. JNBA Financial Advisors now owns 452 shares of the oil and gas company’s stock worth $34,000 after acquiring an additional 252 shares during the period. Finally, PRW Wealth Management LLC acquired a new position in Valero Energy during the 4th quarter worth $34,000. Institutional investors and hedge funds own 78.48% of the company’s stock.

Shares of VLO stock opened at $83.71 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.43 and a debt-to-equity ratio of 0.41. The firm has a market cap of $34.96 billion, a price-to-earnings ratio of 12.65, a price-to-earnings-growth ratio of 1.60 and a beta of 1.18. Valero Energy Co. has a 1 year low of $68.81 and a 1 year high of $126.98.

Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, April 25th. The oil and gas company reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.14. The business had revenue of $24.26 billion during the quarter, compared to analyst estimates of $24.38 billion. Valero Energy had a return on equity of 12.52% and a net margin of 2.43%. The company’s revenue was down 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.00 earnings per share. Equities analysts expect that Valero Energy Co. will post 6.47 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 4th. Stockholders of record on Wednesday, May 15th will be issued a $0.90 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.60 annualized dividend and a dividend yield of 4.30%. Valero Energy’s dividend payout ratio (DPR) is 48.85%.

A number of brokerages have issued reports on VLO. JPMorgan Chase & Co. upgraded Valero Energy from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $102.00 to $105.00 in a research report on Tuesday, May 14th. ValuEngine lowered Valero Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, May 8th. Raymond James boosted their price target on Valero Energy from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Morgan Stanley boosted their price target on Valero Energy from $100.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, April 15th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Valero Energy in a research report on Monday, March 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $107.82.

In other news, Director Stephen M. Waters acquired 500 shares of the business’s stock in a transaction dated Wednesday, February 20th. The stock was acquired at an average price of $84.97 per share, for a total transaction of $42,485.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.38% of the company’s stock.

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Valero Energy Company Profile

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Ethanol, and VLP (Valero Energy Partners LP). The company is involved in oil and gas refining, marketing, and bulk selling activities.

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

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