Vanguard Group Inc. Has $466.49 Million Holdings in Valvoline Inc. (NYSE:VVV)

Vanguard Group Inc. boosted its position in Valvoline Inc. (NYSE:VVV - Free Report) by 0.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 12,893,648 shares of the basic materials company's stock after purchasing an additional 101,834 shares during the period. Vanguard Group Inc. owned about 10.05% of Valvoline worth $466,492,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Centricity Wealth Management LLC acquired a new stake in shares of Valvoline in the fourth quarter valued at approximately $36,000. ORG Partners LLC raised its stake in Valvoline by 466.7% in the 4th quarter. ORG Partners LLC now owns 1,275 shares of the basic materials company's stock valued at $46,000 after acquiring an additional 1,050 shares during the period. Atala Financial Inc acquired a new stake in Valvoline during the 4th quarter valued at $77,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Valvoline during the third quarter worth $97,000. Finally, Blue Trust Inc. grew its stake in shares of Valvoline by 90.5% in the fourth quarter. Blue Trust Inc. now owns 2,538 shares of the basic materials company's stock valued at $92,000 after acquiring an additional 1,206 shares in the last quarter. Institutional investors own 96.13% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VVV. Stifel Nicolaus assumed 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. JPMorgan Chase & Co. lifted their price target on shares of Valvoline from $37.00 to $38.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. Morgan Stanley restated an "equal weight" rating and set a $38.00 price objective (down previously from $42.00) on shares of Valvoline in a research note on Tuesday, January 21st. TD Securities started coverage on Valvoline in a research report on Friday. They set a "buy" rating and a $40.00 target price for the company. Finally, Mizuho decreased their price target on Valvoline from $46.00 to $42.00 and set an "outperform" rating on the stock in a research report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Valvoline has an average rating of "Moderate Buy" and an average target price of $43.67.

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Insider Activity

In other Valvoline news, insider Julie Marie O'daniel sold 6,000 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 15,305 shares in the company, valued at approximately $572,560.05. This represents a 28.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.66% of the company's stock.

Valvoline Price Performance

NYSE:VVV traded up $0.10 during trading hours on Friday, hitting $34.57. The company's stock had a trading volume of 3,070,928 shares, compared to its average volume of 1,331,045. 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 capitalization of $4.39 billion, a P/E ratio of 16.54 and a beta of 1.32. Valvoline Inc. has a twelve month low of $32.99 and a twelve month high of $48.27. The stock has a fifty day simple moving average of $36.64 and a 200-day simple moving average of $38.37.

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 (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, analysts anticipate that Valvoline Inc. will post 1.63 EPS for the current fiscal 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.