Leeward Investments LLC MA Trims Position in Valvoline Inc. (NYSE:VVV)

Leeward Investments LLC MA lessened its stake in shares of Valvoline Inc. (NYSE:VVV) by 5.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 572,919 shares of the basic materials company’s stock after selling 33,163 shares during the period. Valvoline accounts for approximately 1.0% of Leeward Investments LLC MA’s portfolio, making the stock its 26th biggest position. Leeward Investments LLC MA owned about 0.45% of Valvoline worth $20,728,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VVV. Prospera Private Wealth LLC acquired a new stake in shares of Valvoline during the 3rd quarter worth about $41,000. Centricity Wealth Management LLC acquired a new stake in shares of Valvoline during the 4th quarter worth about $36,000. ORG Partners LLC increased its position in shares of Valvoline by 466.7% during 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 last quarter. Blue Trust Inc. increased its position in shares of Valvoline by 83.0% during the 3rd quarter. Blue Trust Inc. now owns 1,332 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 604 shares during the last quarter. Finally, Vestor Capital LLC acquired a new stake in shares of Valvoline during the 3rd quarter worth about $69,000. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on Valvoline from $37.00 to $38.00 and gave the stock a “neutral” rating in a research report on Thursday, February 13th. Morgan Stanley reissued an “equal weight” rating and set a $38.00 price objective (down from $42.00) on shares of Valvoline in a research report on Tuesday, January 21st. Robert W. Baird cut their price objective on Valvoline from $48.00 to $46.00 and set an “outperform” rating for the company in a research report on Wednesday, November 20th. Wells Fargo & Company dropped their target price on Valvoline from $46.00 to $44.00 and set an “overweight” rating for the company in a research report on Wednesday, November 20th. Finally, Mizuho dropped their target price on Valvoline from $46.00 to $42.00 and set an “outperform” rating for the company in a research report on Monday, January 6th. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $44.40.

Insider Transactions at Valvoline

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

Valvoline Stock Performance

Shares of Valvoline stock opened at $36.50 on Friday. Valvoline Inc. has a one year low of $33.90 and a one year high of $48.26. The company has a market cap of $4.64 billion, a PE ratio of 17.46 and a beta of 1.45. The company has a debt-to-equity ratio of 4.39, a quick ratio of 0.58 and a current ratio of 0.70. The business has a 50-day simple moving average of $37.03 and a 200-day simple moving average of $39.48.

Valvoline (NYSE:VVV) last announced its quarterly earnings data 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%. On average, equities research analysts forecast 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.