Julie Marie O’daniel Sells 6,000 Shares of Valvoline Inc. (NYSE:VVV) Stock

Valvoline Inc. (NYSE:VVV) insider Julie Marie O’daniel sold 6,000 shares of the company’s stock in a transaction dated Tuesday, February 25th. The stock was 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 $572,560.05. This represents a 28.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Valvoline Stock Performance

Shares of NYSE VVV opened at $36.86 on Friday. The firm’s 50-day moving average price is $37.03 and its 200-day moving average price is $39.37. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 4.39. The company has a market cap of $4.68 billion, a PE ratio of 17.64 and a beta of 1.45. Valvoline Inc. has a 52-week low of $33.90 and a 52-week high of $48.26.

Valvoline (NYSE:VVV) 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 analysts’ consensus estimates of $0.31 by $0.01. Valvoline had a net margin of 16.34% and a return on equity of 143.64%. As a group, analysts anticipate that Valvoline Inc. will post 1.63 EPS for the current year.

Institutional Trading of Valvoline

A number of institutional investors have recently made changes to their positions in the stock. Huntington National Bank lifted its stake in shares of Valvoline by 1,004.9% in the 4th quarter. Huntington National Bank now owns 895 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 814 shares during the period. Centricity Wealth Management LLC bought a new position in shares of Valvoline in the 4th quarter worth approximately $36,000. Prospera Private Wealth LLC bought a new position in shares of Valvoline in the 3rd quarter worth approximately $41,000. ORG Partners LLC lifted its stake in shares of Valvoline by 466.7% in 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 period. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of Valvoline in the 4th quarter worth approximately $49,000. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on VVV shares. Morgan Stanley reaffirmed an “equal weight” rating and issued a $38.00 target price (down from $42.00) on shares of Valvoline in a research report on Tuesday, January 21st. Robert W. Baird cut their price objective on shares of Valvoline from $48.00 to $46.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 20th. Mizuho cut their price objective on shares of Valvoline from $46.00 to $42.00 and set an “outperform” rating on the stock in a research report on Monday, January 6th. Wells Fargo & Company cut their price objective on shares of Valvoline from $46.00 to $44.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. increased their price objective 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. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $44.40.

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.