Valvoline Inc. (NYSE:VVV) Stock Position Raised by Barclays PLC

Barclays PLC grew its position in shares of Valvoline Inc. (NYSE:VVV - Free Report) by 271.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 198,785 shares of the basic materials company's stock after purchasing an additional 145,205 shares during the period. Barclays PLC owned approximately 0.15% of Valvoline worth $7,192,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Huntington National Bank grew its holdings in Valvoline by 1,004.9% during the 4th quarter. Huntington National Bank now owns 895 shares of the basic materials company's stock valued at $32,000 after purchasing an additional 814 shares in the last quarter. Centricity Wealth Management LLC purchased a new stake in shares of Valvoline during the fourth quarter worth about $36,000. ORG Partners LLC lifted 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 acquiring an additional 1,050 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in Valvoline in the fourth quarter valued at about $49,000. Finally, Headlands Technologies LLC purchased a new position in Valvoline in the fourth quarter valued at about $73,000. 96.13% of the stock is owned by institutional investors and hedge funds.

Valvoline Stock Performance

VVV stock traded down $0.36 during midday trading on Monday, reaching $34.31. The company had a trading volume of 1,386,859 shares, compared to its average volume of 1,376,750. 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 50 day moving average price of $34.95 and a 200 day moving average price of $37.47. The firm has a market capitalization of $4.36 billion, a PE ratio of 16.42 and a beta of 1.32. Valvoline Inc. has a fifty-two week low of $31.02 and a fifty-two week high of $48.27.

Valvoline (NYSE:VVV - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, beating 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%. Analysts anticipate that Valvoline Inc. will post 1.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

VVV has been the topic of a number of recent analyst reports. TD Securities began coverage on Valvoline in a research report on Friday, April 4th. They issued a "buy" rating and a $40.00 target price on the stock. Morgan Stanley reissued an "equal weight" rating and set a $38.00 price objective (down from $42.00) on shares of Valvoline in a report on Tuesday, January 21st. TD Cowen started coverage on shares of Valvoline in a research report on Friday, April 4th. They issued a "buy" rating and a $40.00 target price for the company. JPMorgan Chase & Co. increased their price target on shares of Valvoline from $37.00 to $38.00 and gave the stock a "neutral" rating in a research report on Thursday, February 13th. Finally, Wells Fargo & Company lowered their price objective on Valvoline from $44.00 to $42.00 and set an "overweight" rating for the company in a report on Monday. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Valvoline has an average rating of "Moderate Buy" and an average target price of $43.50.

Insider Buying and Selling

In related news, insider Julie Marie O'daniel sold 6,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $37.41, for a total value of $224,460.00. Following the sale, the insider now directly owns 15,305 shares in the company, valued at $572,560.05. This trade represents a 28.16 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate 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.