Landscape Capital Management L.L.C. Increases Position in Valvoline Inc. (NYSE:VVV)

Landscape Capital Management L.L.C. grew its stake in Valvoline Inc. (NYSE:VVV - Free Report) by 34.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 64,337 shares of the basic materials company's stock after purchasing an additional 16,365 shares during the period. Landscape Capital Management L.L.C. owned about 0.05% of Valvoline worth $2,328,000 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. Huntington National Bank boosted its holdings in Valvoline by 1,004.9% during the fourth quarter. Huntington National Bank now owns 895 shares of the basic materials company's stock worth $32,000 after buying an additional 814 shares in the last quarter. Centricity Wealth Management LLC purchased a new position in shares of Valvoline in the 4th quarter valued at about $36,000. ORG Partners LLC raised its holdings in Valvoline by 466.7% in the 4th 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. Headlands Technologies LLC purchased a new position in Valvoline during the fourth quarter worth approximately $73,000. Finally, Atala Financial Inc purchased a new stake in shares of Valvoline in the fourth quarter valued at approximately $77,000. Institutional investors and hedge funds own 96.13% of the company's stock.

Valvoline Trading Down 0.0 %

NYSE:VVV traded down $0.01 during trading hours on Wednesday, hitting $31.47. The company had a trading volume of 458,065 shares, compared to its average volume of 1,335,121. Valvoline Inc. has a 1 year low of $31.05 and a 1 year high of $48.27. The company has a current ratio of 0.70, a quick ratio of 0.58 and a debt-to-equity ratio of 4.39. The company has a 50-day moving average of $36.32 and a 200 day moving average of $38.19. The company has a market cap of $4.00 billion, a P/E ratio of 15.05 and a beta of 1.32.

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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, topping 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%. Sell-side analysts expect that Valvoline Inc. will post 1.63 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VVV. Morgan Stanley reiterated an "equal weight" rating and set a $38.00 target price (down previously from $42.00) on shares of Valvoline in a research report on Tuesday, January 21st. Mizuho dropped their target price on shares of Valvoline from $46.00 to $42.00 and set an "outperform" rating on the stock in a research report on Monday, January 6th. TD Securities began coverage on shares of Valvoline in a research report on Friday, April 4th. They set a "buy" rating and a $40.00 price target for the company. JPMorgan Chase & Co. lifted their price objective on Valvoline from $37.00 to $38.00 and gave the stock a "neutral" rating in a report on Thursday, February 13th. Finally, TD Cowen started coverage on Valvoline in a research note on Friday, April 4th. They set a "buy" rating and a $40.00 price objective for the company. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $43.67.

Insider Transactions at Valvoline

In related news, insider Julie Marie O'daniel sold 6,000 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was 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. This trade represents a 28.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.