Fiduciary Management Inc. WI Has $152.73 Million Stock Holdings in Valvoline Inc. (NYSE:VVV)

Fiduciary Management Inc. WI raised its stake in shares of Valvoline Inc. (NYSE:VVV - Free Report) by 35.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,221,275 shares of the basic materials company's stock after purchasing an additional 1,096,486 shares during the period. Valvoline accounts for 1.4% of Fiduciary Management Inc. WI's portfolio, making the stock its 29th largest holding. Fiduciary Management Inc. WI owned 3.29% of Valvoline worth $152,726,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Huntington National Bank grew its stake in Valvoline by 1,004.9% in the 4th quarter. Huntington National Bank now owns 895 shares of the basic materials company's stock valued at $32,000 after buying an additional 814 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of Valvoline in the fourth quarter valued at about $36,000. ORG Partners LLC increased its stake in shares of Valvoline by 466.7% in the fourth quarter. ORG Partners LLC now owns 1,275 shares of the basic materials company's stock worth $46,000 after purchasing an additional 1,050 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Valvoline during the 4th quarter worth about $49,000. Finally, Headlands Technologies LLC acquired a new position in shares of Valvoline during the 4th quarter worth about $73,000. Institutional investors own 96.13% of the company's stock.

Insider Transactions at Valvoline

In other news, insider Julie Marie O'daniel sold 6,000 shares of Valvoline 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 owns 15,305 shares in the company, valued at approximately $572,560.05. The trade was a 28.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.66% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have commented on VVV shares. Morgan Stanley reaffirmed an "equal weight" rating and issued a $38.00 price target (down from $42.00) on shares of Valvoline in a research report on Tuesday, January 21st. TD Cowen began coverage on shares of Valvoline in a research note on Friday, April 4th. They set a "buy" rating and a $40.00 target price for the company. Royal Bank of Canada increased their price target on shares of Valvoline from $46.00 to $48.00 and gave the company an "outperform" rating in a report on Friday, February 7th. TD Securities began coverage on shares of Valvoline in a report on Friday, April 4th. They set a "buy" rating and a $40.00 price objective on the stock. Finally, Mizuho reduced their target price on shares of Valvoline from $46.00 to $42.00 and set an "outperform" rating for the company in a research note on Monday, January 6th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $43.67.

Valvoline Price Performance

VVV traded up $0.51 during midday trading on Thursday, reaching $34.77. 544,178 shares of the company's stock were exchanged, compared to its average volume of 1,616,934. 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 business has a 50-day simple moving average of $35.12 and a two-hundred day simple moving average of $37.58. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 16.62 and a beta of 1.32. Valvoline Inc. has a one year low of $31.01 and a one year high of $48.26.

Valvoline (NYSE:VVV - Get Free Report) last posted its earnings results on Thursday, February 6th. The basic materials company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. Valvoline had a return on equity of 143.64% and a net margin of 16.34%. As a group, research analysts predict that Valvoline Inc. will post 1.63 EPS for the current year.

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.