Sei Investments Co. Acquires 13,698 Shares of Valvoline Inc. (NYSE:VVV)

Sei Investments Co. lifted its position in Valvoline Inc. (NYSE:VVV - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 552,660 shares of the basic materials company's stock after acquiring an additional 13,698 shares during the period. Sei Investments Co. owned about 0.43% of Valvoline worth $19,995,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Centricity Wealth Management LLC acquired a new position in Valvoline in the 4th quarter worth approximately $36,000. ORG Partners LLC boosted its position 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 buying an additional 1,050 shares during the period. Atala Financial Inc acquired a new stake in shares of Valvoline in the fourth quarter worth $77,000. Blue Trust Inc. grew its holdings in shares of Valvoline by 90.5% during the fourth quarter. Blue Trust Inc. now owns 2,538 shares of the basic materials company's stock valued at $92,000 after buying an additional 1,206 shares in the last quarter. Finally, 1620 Investment Advisors Inc. raised its position in Valvoline by 560.5% during the fourth quarter. 1620 Investment Advisors Inc. now owns 2,556 shares of the basic materials company's stock valued at $92,000 after buying an additional 2,169 shares during the period. 96.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on Valvoline from $37.00 to $38.00 and gave the stock a "neutral" rating in a research report on Thursday, February 13th. Mizuho decreased their price target 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. Morgan Stanley reaffirmed an "equal weight" rating and set a $38.00 price objective (down from $42.00) on shares of Valvoline in a research report on Tuesday, January 21st. Royal Bank of Canada increased their target price on shares of Valvoline from $46.00 to $48.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Finally, Stifel Nicolaus initiated coverage on shares of Valvoline in a report on Friday, December 20th. They set a "hold" rating and a $42.00 price target on the stock. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Valvoline presently has a consensus rating of "Moderate Buy" and an average target price of $44.40.

Remove Ads

Insiders Place Their Bets

In related news, insider Julie Marie O'daniel sold 6,000 shares of Valvoline stock in a transaction 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 transaction, the insider now owns 15,305 shares in the company, valued at $572,560.05. This trade represents a 28.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.66% of the company's stock.

Valvoline Stock Up 0.7 %

NYSE:VVV traded up $0.26 during trading hours on Tuesday, reaching $35.07. The company's stock had a trading volume of 1,219,573 shares, compared to its average volume of 1,314,463. 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 company has a market cap of $4.46 billion, a price-to-earnings ratio of 16.78 and a beta of 1.48. Valvoline Inc. has a one year low of $33.90 and a one year high of $48.27. The business's 50-day moving average is $36.73 and its 200-day moving average is $38.50.

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

Valvoline Company 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.