Valvoline Inc. (NYSE:VVV) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its holdings in Valvoline Inc. (NYSE:VVV - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,642,754 shares of the basic materials company's stock after acquiring an additional 16,912 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.28% of Valvoline worth $59,435,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. acquired a new stake in shares of Valvoline during the 3rd quarter worth approximately $919,000. Atria Investments Inc increased its holdings in shares of Valvoline by 19.8% during the 3rd quarter. Atria Investments Inc now owns 20,682 shares of the basic materials company's stock worth $866,000 after buying an additional 3,424 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Valvoline by 38.2% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 15,869 shares of the basic materials company's stock worth $664,000 after buying an additional 4,384 shares during the last quarter. State of New Jersey Common Pension Fund D increased its holdings in shares of Valvoline by 0.7% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 47,602 shares of the basic materials company's stock worth $1,992,000 after buying an additional 313 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of Valvoline during the 3rd quarter worth approximately $1,178,000. Institutional investors and hedge funds own 96.13% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Mizuho dropped 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. Morgan Stanley reiterated an "equal weight" rating and issued a $38.00 target price (down previously from $42.00) on shares of Valvoline in a report on Tuesday, January 21st. Wells Fargo & Company dropped their target price on shares of Valvoline from $46.00 to $44.00 and set an "overweight" rating for the company in a report on Wednesday, November 20th. Stifel Nicolaus assumed coverage on shares of Valvoline in a report on Friday, December 20th. They issued a "hold" rating and a $42.00 target price for the company. Finally, Robert W. Baird dropped their target price on shares of Valvoline from $48.00 to $46.00 and set an "outperform" rating for the company in a report on Wednesday, November 20th. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $44.40.

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Insider Transactions at Valvoline

In other 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 transaction of $224,460.00. Following the completion of the sale, the insider now directly owns 15,305 shares of the company's stock, valued at approximately $572,560.05. The trade was a 28.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.66% of the company's stock.

Valvoline Stock Performance

Shares of VVV stock opened at $34.54 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 4.39. Valvoline Inc. has a 52 week low of $33.90 and a 52 week high of $48.26. The stock has a market capitalization of $4.39 billion, a PE ratio of 16.52 and a beta of 1.48. The firm has a 50 day moving average of $36.80 and a two-hundred day moving average of $39.04.

Valvoline (NYSE:VVV - Get Free Report) last issued 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, research analysts predict that Valvoline Inc. will post 1.63 EPS for the current fiscal 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.

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