Valaris Limited $VAL Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Valaris Limited (NYSE:VAL) by 8.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,028,408 shares of the company’s stock after acquiring an additional 229,956 shares during the quarter. Dimensional Fund Advisors LP owned approximately 4.35% of Valaris worth $147,699,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Lingotto Investment Management LLP lifted its position in shares of Valaris by 1.1% during the 2nd quarter. Lingotto Investment Management LLP now owns 3,655,900 shares of the company’s stock worth $153,950,000 after purchasing an additional 38,579 shares during the last quarter. Dalal Street LLC increased its holdings in Valaris by 32.0% in the second quarter. Dalal Street LLC now owns 1,883,777 shares of the company’s stock valued at $79,326,000 after buying an additional 456,213 shares during the last quarter. Schf GPE LLC purchased a new position in Valaris in the second quarter valued at $77,675,000. Geode Capital Management LLC raised its stake in Valaris by 3.4% in the second quarter. Geode Capital Management LLC now owns 1,592,885 shares of the company’s stock valued at $67,084,000 after buying an additional 52,367 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Valaris by 87.1% in the third quarter. American Century Companies Inc. now owns 1,274,038 shares of the company’s stock valued at $62,135,000 after buying an additional 592,971 shares in the last quarter. 96.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on VAL shares. BTIG Research cut Valaris from a “buy” rating to a “hold” rating in a research report on Monday. Weiss Ratings reissued a “hold (c)” rating on shares of Valaris in a research report on Wednesday, January 21st. Citigroup decreased their target price on Valaris from $62.00 to $58.00 and set a “neutral” rating for the company in a research note on Monday, December 22nd. Zacks Research downgraded Valaris from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Finally, Pareto Securities lowered shares of Valaris from a “hold” rating to a “sell” rating and set a $80.00 price target on the stock. in a research note on Monday, February 23rd. Ten investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Valaris has an average rating of “Reduce” and a consensus price target of $56.50.

Valaris Stock Performance

NYSE VAL opened at $90.96 on Wednesday. The company has a fifty day moving average of $71.16 and a two-hundred day moving average of $59.25. The company has a market capitalization of $6.30 billion, a PE ratio of 6.50 and a beta of 1.07. Valaris Limited has a 1 year low of $27.15 and a 1 year high of $102.19. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.77 and a quick ratio of 1.77.

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.