Yousif Capital Management LLC Lowers Holdings in Valvoline Inc. (NYSE:VVV)

Yousif Capital Management LLC lessened its stake in Valvoline Inc. (NYSE:VVV) by 4.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 45,414 shares of the basic materials company’s stock after selling 2,140 shares during the quarter. Yousif Capital Management LLC’s holdings in Valvoline were worth $1,643,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. State Street Corp increased its holdings in Valvoline by 0.4% in the 3rd quarter. State Street Corp now owns 4,096,436 shares of the basic materials company’s stock worth $171,436,000 after buying an additional 16,916 shares in the last quarter. Natixis Advisors LLC increased its holdings in Valvoline by 8.1% in the 3rd quarter. Natixis Advisors LLC now owns 422,989 shares of the basic materials company’s stock worth $17,702,000 after buying an additional 31,661 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Valvoline in the 3rd quarter worth about $4,628,000. Thrivent Financial for Lutherans increased its holdings in Valvoline by 118.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 67,948 shares of the basic materials company’s stock worth $2,844,000 after buying an additional 36,814 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Valvoline by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 2,226,769 shares of the basic materials company’s stock worth $93,215,000 after buying an additional 54,545 shares in the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VVV. Stifel Nicolaus began coverage on Valvoline in a report on Friday, December 20th. They issued a “hold” rating and a $42.00 price objective for the company. Mizuho cut their price target on Valvoline from $46.00 to $42.00 and set an “outperform” rating for the company in a research note on Monday, January 6th. Royal Bank of Canada boosted their price target on Valvoline from $46.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Wells Fargo & Company cut their price target on Valvoline from $46.00 to $44.00 and set an “overweight” rating for the company in a research note on Wednesday, November 20th. Finally, Robert W. Baird cut their price target on Valvoline from $48.00 to $46.00 and set an “outperform” rating for the company in a research note on Wednesday, November 20th. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Valvoline has an average rating of “Moderate Buy” and a consensus target price of $45.11.

Valvoline Stock Down 1.2 %

NYSE VVV opened at $39.63 on Thursday. The stock’s 50 day moving average is $37.04 and its 200 day moving average is $39.76. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 4.39. Valvoline Inc. has a 12 month low of $33.90 and a 12 month high of $48.26. The stock has a market cap of $5.08 billion, a PE ratio of 18.96 and a beta of 1.45.

Valvoline (NYSE:VVV) last posted its quarterly earnings results on Thursday, February 6th. The basic materials company reported $0.32 EPS for the quarter, topping 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%. Research analysts predict that Valvoline Inc. will post 1.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Valvoline news, CEO Lori Ann Flees acquired 2,500 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were bought at an average price of $39.64 per share, with a total value of $99,100.00. Following the transaction, the chief executive officer now directly owns 38,428 shares of the company’s stock, valued at $1,523,285.92. The trade was a 6.96 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CTO Robert Travis Dobbins sold 1,914 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $40.00, for a total value of $76,560.00. Following the completion of the transaction, the chief technology officer now directly owns 14,956 shares in the company, valued at $598,240. This trade represents a 11.35 % decrease in their position. The disclosure for this sale can be found here. 0.66% of the stock is owned by insiders.

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.