Blueshift Asset Management LLC Has $462,000 Stock Position in Valvoline Inc. (NYSE:VVV)

Blueshift Asset Management LLC decreased its holdings in shares of Valvoline Inc. (NYSE:VVV - Free Report) by 44.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,763 shares of the basic materials company's stock after selling 10,250 shares during the quarter. Blueshift Asset Management LLC's holdings in Valvoline were worth $462,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Centricity Wealth Management LLC acquired a new stake in shares of Valvoline during the 4th quarter worth approximately $36,000. Prospera Private Wealth LLC purchased a new position in Valvoline in the third quarter worth approximately $41,000. ORG Partners LLC increased its stake in Valvoline by 466.7% during 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 during the last quarter. Atala Financial Inc purchased a new stake in Valvoline in the fourth quarter valued at $77,000. Finally, Blue Trust Inc. lifted its stake in shares of Valvoline by 90.5% in the 4th quarter. Blue Trust Inc. now owns 2,538 shares of the basic materials company's stock valued at $92,000 after purchasing an additional 1,206 shares during the last quarter. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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 transaction of $224,460.00. Following the completion of the sale, the insider now directly owns 15,305 shares in the company, valued at approximately $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 accessible through the SEC website. Insiders own 0.66% of the company's stock.

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Wall Street Analyst Weigh In

A number of brokerages have issued reports on VVV. Stifel Nicolaus began coverage on shares of Valvoline in a research note on Friday, December 20th. They issued a "hold" rating and a $42.00 price objective for the company. Royal Bank of Canada increased their price objective on Valvoline from $46.00 to $48.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Morgan Stanley reissued an "equal weight" rating and set a $38.00 target price (down from $42.00) on shares of Valvoline in a research note on Tuesday, January 21st. JPMorgan Chase & Co. increased their price target on Valvoline from $37.00 to $38.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. Finally, Mizuho decreased their price objective on 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, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Valvoline presently has a consensus rating of "Moderate Buy" and an average target price of $44.40.

Valvoline Stock Performance

VVV traded down $1.05 during trading on Tuesday, hitting $34.87. 1,730,039 shares of the stock were exchanged, compared to its average volume of 1,272,888. The stock has a fifty day moving average price of $36.87 and a two-hundred day moving average price of $38.69. Valvoline Inc. has a 1-year low of $33.90 and a 1-year high of $48.27. The firm has a market capitalization of $4.43 billion, a P/E ratio of 16.68 and a beta of 1.48. 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 (NYSE:VVV - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The basic materials company reported $0.32 earnings per share 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, sell-side analysts predict that Valvoline Inc. will post 1.63 earnings per share for the current year.

About Valvoline

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.