Brokerages Set Valvoline Inc. (NYSE:VVV) PT at $45.33

Valvoline Inc. (NYSE:VVV) has been given a consensus rating of “Moderate Buy” by the ten research firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $45.33.

Several equities analysts have weighed in on the company. Robert W. Baird lowered 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. Stephens initiated coverage on shares of Valvoline in a research note on Tuesday, October 15th. They issued an “overweight” rating and a $49.00 price objective on the stock. Morgan Stanley cut their target price on shares of Valvoline from $46.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, November 20th. Royal Bank of Canada lowered their price target on shares of Valvoline from $52.00 to $46.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. Finally, Mizuho dropped their price target on shares of Valvoline from $46.00 to $42.00 and set an “outperform” rating on the stock in a research note on Monday, January 6th.

Insider Buying and Selling

In other news, Director Charles M. Sonsteby bought 10,000 shares of the business’s stock in a transaction on Monday, November 25th. The stock was purchased at an average price of $39.50 per share, with a total value of $395,000.00. Following the transaction, the director now directly owns 26,437 shares in the company, valued at approximately $1,044,261.50. The trade was a 60.84 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Lori Ann Flees acquired 2,500 shares of Valvoline stock in a transaction dated Wednesday, November 27th. The stock was acquired at an average cost of $39.64 per share, with a total value of $99,100.00. Following the completion of the transaction, the chief executive officer now directly owns 38,428 shares of the company’s stock, valued at $1,523,285.92. This trade represents a 6.96 % increase in their position. The disclosure for this purchase can be found here. 0.66% of the stock is owned by insiders.

Hedge Funds Weigh In On Valvoline

Large investors have recently added to or reduced their stakes in the company. UMB Bank n.a. grew its holdings in shares of Valvoline by 92.1% during the 3rd quarter. UMB Bank n.a. now owns 630 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 302 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Valvoline in the second quarter worth $34,000. Prospera Private Wealth LLC acquired a new stake in Valvoline during the third quarter worth $41,000. ORG Partners LLC increased its holdings in Valvoline by 466.7% in the 4th quarter. ORG Partners LLC now owns 1,275 shares of the basic materials company’s stock valued at $46,000 after buying an additional 1,050 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of Valvoline by 83.0% in the 3rd quarter. Blue Trust Inc. now owns 1,332 shares of the basic materials company’s stock valued at $58,000 after buying an additional 604 shares in the last quarter. Institutional investors and hedge funds own 96.13% of the company’s stock.

Valvoline Stock Performance

Shares of VVV stock opened at $35.36 on Tuesday. The stock’s fifty day simple moving average is $38.53 and its 200-day simple moving average is $40.87. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 21.83 and a beta of 1.45. The company has a current ratio of 0.72, a quick ratio of 0.61 and a debt-to-equity ratio of 5.77. Valvoline has a 1-year low of $33.86 and a 1-year high of $48.26.

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.