Valvoline Inc. (NYSE:VVV) Holdings Lifted by Sei Investments Co.

Sei Investments Co. raised its position in Valvoline Inc. (NYSE:VVV) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 552,660 shares of the basic materials company’s stock after purchasing an additional 13,698 shares during the quarter. Sei Investments Co. owned about 0.43% of Valvoline worth $19,995,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Arizona State Retirement System increased its position in Valvoline by 0.8% in the 4th quarter. Arizona State Retirement System now owns 35,530 shares of the basic materials company’s stock valued at $1,285,000 after acquiring an additional 281 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Valvoline by 10.9% in the fourth quarter. Farther Finance Advisors LLC now owns 3,548 shares of the basic materials company’s stock worth $128,000 after purchasing an additional 349 shares in the last quarter. Pacer Advisors Inc. increased its holdings in shares of Valvoline by 2.0% during the fourth quarter. Pacer Advisors Inc. now owns 19,215 shares of the basic materials company’s stock valued at $695,000 after purchasing an additional 373 shares during the period. Choreo LLC raised its stake in shares of Valvoline by 2.5% during the fourth quarter. Choreo LLC now owns 16,260 shares of the basic materials company’s stock valued at $589,000 after purchasing an additional 396 shares in the last quarter. Finally, Meridian Wealth Management LLC raised its stake in shares of Valvoline by 5.7% during the fourth quarter. Meridian Wealth Management LLC now owns 7,615 shares of the basic materials company’s stock valued at $276,000 after purchasing an additional 408 shares in the last quarter. Institutional investors own 96.13% of the company’s stock.

Insider Activity

In other news, insider Julie Marie O’daniel sold 6,000 shares of Valvoline stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $37.41, for a total transaction of $224,460.00. Following the transaction, the insider now owns 15,305 shares in the company, valued at approximately $572,560.05. The trade was a 28.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.66% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VVV shares. Stifel Nicolaus initiated coverage on shares of Valvoline in a research report on Friday, December 20th. They issued a “hold” rating and a $42.00 target price for the company. Mizuho decreased their price objective on shares of Valvoline from $46.00 to $42.00 and set an “outperform” rating for the company in a report on Monday, January 6th. Royal Bank of Canada boosted their target price on Valvoline from $46.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. 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 note on Thursday, February 13th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $38.00 price objective (down previously from $42.00) on shares of Valvoline in a research note on Tuesday, January 21st. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $44.40.

Valvoline Stock Performance

Shares of NYSE VVV opened at $35.25 on Friday. The stock’s fifty day simple moving average is $36.80 and its 200 day simple moving average is $38.61. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of 16.87 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 Inc. has a 52-week low of $33.90 and a 52-week high of $48.27.

Valvoline (NYSE:VVV) last posted 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 return on equity of 143.64% and a net margin of 16.34%. As a group, sell-side analysts forecast that Valvoline Inc. will post 1.63 earnings per share 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.