Proficio Capital Partners LLC bought a new stake in shares of Valvoline Inc. (NYSE:VVV - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 17,475 shares of the basic materials company's stock, valued at approximately $632,000.
Several other large investors have also bought and sold shares of the company. South Dakota Investment Council boosted its position in shares of Valvoline by 157.4% during the 4th quarter. South Dakota Investment Council now owns 102,955 shares of the basic materials company's stock valued at $3,725,000 after purchasing an additional 62,955 shares in the last quarter. Hudson Edge Investment Partners Inc. boosted its holdings in Valvoline by 71.4% during the fourth quarter. Hudson Edge Investment Partners Inc. now owns 21,582 shares of the basic materials company's stock worth $781,000 after buying an additional 8,987 shares in the last quarter. Centricity Wealth Management LLC acquired a new position in Valvoline in the fourth quarter worth approximately $36,000. Private Advisor Group LLC bought a new position in shares of Valvoline in the fourth quarter valued at $223,000. Finally, TimesSquare Capital Management LLC lifted its position in shares of Valvoline by 766.6% during the 4th quarter. TimesSquare Capital Management LLC now owns 644,980 shares of the basic materials company's stock valued at $23,335,000 after acquiring an additional 570,550 shares during the last quarter. Institutional investors own 96.13% of the company's stock.
Valvoline Stock Up 0.7 %
VVV traded up $0.26 on Thursday, reaching $34.82. 1,734,395 shares of the company traded hands, compared to its average volume of 1,623,125. The company has a market cap of $4.43 billion, a price-to-earnings ratio of 16.66 and a beta of 1.48. The company has a debt-to-equity ratio of 4.39, a current ratio of 0.70 and a quick ratio of 0.58. The stock's 50 day moving average price is $36.80 and its 200-day moving average price is $39.04. Valvoline Inc. has a 52-week low of $33.90 and a 52-week high of $48.26.
Valvoline (NYSE:VVV - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The basic materials company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. Valvoline had a net margin of 16.34% and a return on equity of 143.64%. On average, sell-side analysts expect that Valvoline Inc. will post 1.63 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. Wells Fargo & Company decreased their target price on Valvoline from $46.00 to $44.00 and set an "overweight" rating on the stock in a report on Wednesday, November 20th. Royal Bank of Canada lifted their price target on Valvoline from $46.00 to $48.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. Robert W. Baird reduced their price objective on shares of Valvoline from $48.00 to $46.00 and set an "outperform" rating for the company in a research note on Wednesday, November 20th. Mizuho decreased their target price on shares of Valvoline from $46.00 to $42.00 and set an "outperform" rating for the company in a report on Monday, January 6th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Valvoline from $37.00 to $38.00 and gave the company a "neutral" rating in a report on Thursday, February 13th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $44.40.
Get Our Latest Report on Valvoline
Insiders Place Their Bets
In other news, insider Julie Marie O'daniel sold 6,000 shares of Valvoline stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $37.41, for a total transaction of $224,460.00. Following the completion of the sale, the insider now directly owns 15,305 shares in the company, valued at $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 link. Insiders own 0.66% of the company's stock.
Valvoline Company Profile
(
Free Report)
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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