Lori Ann Flees Buys 2,500 Shares of Valvoline Inc. (NYSE:VVV) Stock

Valvoline Inc. (NYSE:VVV) CEO Lori Ann Flees acquired 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was purchased at an average cost of $39.64 per share, for a total transaction of $99,100.00. Following the acquisition, the chief executive officer now owns 38,428 shares in the company, valued at approximately $1,523,285.92. This trade represents a 6.96 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Valvoline Stock Down 0.5 %

NYSE:VVV traded down $0.19 during trading hours on Monday, hitting $39.52. 797,163 shares of the stock traded hands, compared to its average volume of 1,200,811. The firm has a 50 day moving average price of $41.18 and a 200 day moving average price of $41.80. The firm has a market cap of $5.07 billion, a price-to-earnings ratio of 24.23 and a beta of 1.43. Valvoline Inc. has a fifty-two week low of $33.86 and a fifty-two week high of $48.26. The company has a current ratio of 0.72, a quick ratio of 0.61 and a debt-to-equity ratio of 5.77.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VVV. Tidal Investments LLC increased its stake in Valvoline by 20.1% in the 3rd quarter. Tidal Investments LLC now owns 54,364 shares of the basic materials company’s stock valued at $2,275,000 after buying an additional 9,089 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of Valvoline by 25.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 9,060 shares of the basic materials company’s stock valued at $349,000 after acquiring an additional 1,838 shares in the last quarter. Invst LLC increased its stake in shares of Valvoline by 3.7% in the third quarter. Invst LLC now owns 15,931 shares of the basic materials company’s stock worth $667,000 after acquiring an additional 563 shares during the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of Valvoline by 11.8% during the third quarter. Coldstream Capital Management Inc. now owns 7,209 shares of the basic materials company’s stock worth $302,000 after acquiring an additional 760 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Valvoline by 2.5% during the third quarter. Geode Capital Management LLC now owns 2,226,769 shares of the basic materials company’s stock valued at $93,215,000 after purchasing an additional 54,545 shares during the last quarter. 96.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Robert W. Baird cut their target price on Valvoline from $48.00 to $46.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 20th. Morgan Stanley lowered their target price on shares of Valvoline from $46.00 to $42.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 20th. Stephens initiated coverage on shares of Valvoline in a research note on Tuesday, October 15th. They set an “overweight” rating and a $49.00 price objective on the stock. Mizuho dropped their price objective on Valvoline from $50.00 to $46.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 20th. Finally, Baird R W raised shares of Valvoline to a “strong-buy” rating in a research note on Thursday, August 15th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Valvoline presently has a consensus rating of “Buy” and an average price target of $46.25.

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.