B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 110,591 Valvoline Inc. (NYSE:VVV)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Valvoline Inc. (NYSE:VVV - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 110,591 shares of the basic materials company's stock, valued at approximately $4,628,000. B. Metzler seel. Sohn & Co. Holding AG owned 0.09% of Valvoline as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. UMB Bank n.a. grew its holdings in Valvoline by 92.1% during the 3rd quarter. UMB Bank n.a. now owns 630 shares of the basic materials company's stock worth $26,000 after acquiring an additional 302 shares in the last quarter. Blue Trust Inc. increased its holdings in Valvoline by 57.9% in the second quarter. Blue Trust Inc. now owns 728 shares of the basic materials company's stock valued at $32,000 after buying an additional 267 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in Valvoline in the second quarter valued at $34,000. Mather Group LLC. lifted its holdings in Valvoline by 1,617.0% during the 2nd quarter. Mather Group LLC. now owns 807 shares of the basic materials company's stock worth $36,000 after buying an additional 760 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Valvoline by 46.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,465 shares of the basic materials company's stock worth $61,000 after acquiring an additional 465 shares in the last quarter. 96.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VVV has been the subject of a number of research reports. Royal Bank of Canada reduced their price target on shares of Valvoline from $52.00 to $46.00 and set an "outperform" rating for the company in a research report on Wednesday. Mizuho reduced their target price on Valvoline from $50.00 to $46.00 and set an "outperform" rating for the company in a report on Wednesday. Stephens began coverage on Valvoline in a research note on Tuesday, October 15th. They set an "overweight" rating and a $49.00 price target on the stock. Wells Fargo & Company decreased their price objective on Valvoline from $46.00 to $44.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, Morgan Stanley lowered their target price on shares of Valvoline from $46.00 to $42.00 and set an "overweight" rating on the stock in a research report on Wednesday. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $46.25.

Valvoline Stock Performance

Shares of NYSE VVV traded down $0.17 during mid-day trading on Wednesday, hitting $38.48. 1,770,889 shares of the company were exchanged, compared to its average volume of 1,194,010. The company has a quick ratio of 0.62, a current ratio of 0.73 and a debt-to-equity ratio of 10.57. The firm has a market cap of $4.96 billion, a price-to-earnings ratio of 31.82 and a beta of 1.46. The stock has a 50 day simple moving average of $41.43 and a 200-day simple moving average of $41.99. Valvoline Inc. has a 1-year low of $33.86 and a 1-year high of $48.26.

Valvoline announced that its board has approved a stock repurchase plan on Tuesday, July 30th that allows the company to repurchase $400.00 million in shares. This repurchase authorization allows the basic materials company to repurchase up to 7.6% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

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.