Signaturefd LLC decreased its stake in shares of Valvoline Inc. (NYSE:VVV – Free Report) by 26.0% during the 4th quarter, Holdings Channel reports. The firm owned 3,635 shares of the basic materials company’s stock after selling 1,276 shares during the period. Signaturefd LLC’s holdings in Valvoline were worth $132,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Centricity Wealth Management LLC bought a new position in shares of Valvoline in the fourth quarter valued at $36,000. ORG Partners LLC lifted its stake in Valvoline by 466.7% in the fourth quarter. ORG Partners LLC now owns 1,275 shares of the basic materials company’s stock valued at $46,000 after acquiring an additional 1,050 shares during the last quarter. Atala Financial Inc bought a new position in shares of Valvoline in the 4th quarter valued at about $77,000. Blue Trust Inc. increased its stake in shares of Valvoline by 90.5% during the 4th quarter. Blue Trust Inc. now owns 2,538 shares of the basic materials company’s stock worth $92,000 after purchasing an additional 1,206 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Valvoline in the 3rd quarter valued at about $97,000. Institutional investors own 96.13% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently commented on VVV shares. JPMorgan Chase & Co. lifted their price target on Valvoline from $37.00 to $38.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. Stifel Nicolaus initiated coverage on Valvoline in a report on Friday, December 20th. They set a “hold” rating and a $42.00 target price on the stock. Royal Bank of Canada increased their price target on Valvoline from $46.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Mizuho decreased their price objective on shares of Valvoline from $46.00 to $42.00 and set an “outperform” rating on the stock in a report on Monday, January 6th. Finally, Morgan Stanley restated an “equal weight” rating and set a $38.00 target price (down previously from $42.00) on shares of Valvoline in a research note on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $44.40.
Valvoline Price Performance
Shares of Valvoline stock opened at $35.28 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 4.39. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of 16.88 and a beta of 1.48. Valvoline Inc. has a twelve month low of $33.90 and a twelve month high of $48.27. The company has a 50-day simple moving average of $36.86 and a two-hundred day simple moving average of $38.72.
Valvoline (NYSE:VVV – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The basic materials company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Valvoline had a net margin of 16.34% and a return on equity of 143.64%. Analysts forecast that Valvoline Inc. will post 1.63 EPS for the current year.
Insider Buying and Selling at Valvoline
In other news, insider Julie Marie O’daniel sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $37.41, for a total value of $224,460.00. Following the completion of the transaction, the insider now directly owns 15,305 shares in the company, valued at approximately $572,560.05. The trade was a 28.16 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.66% of the company’s stock.
Valvoline Profile
Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.
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