Callan Family Office LLC Buys New Shares in Valvoline Inc. (NYSE:VVV)

Callan Family Office LLC bought a new stake in shares of Valvoline Inc. (NYSE:VVV) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 6,139 shares of the basic materials company’s stock, valued at approximately $222,000.

Other large investors have also recently bought and sold shares of the company. Prospera Private Wealth LLC acquired a new position in Valvoline during the 3rd quarter valued at $41,000. Centricity Wealth Management LLC acquired a new position in shares of Valvoline in the 4th quarter valued at $36,000. ORG Partners LLC raised 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 valued at $46,000 after buying an additional 1,050 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Valvoline in the 3rd quarter valued at $97,000. Finally, Blue Trust Inc. raised its stake in shares of Valvoline by 90.5% in the 4th quarter. Blue Trust Inc. now owns 2,538 shares of the basic materials company’s stock valued at $92,000 after buying an additional 1,206 shares in the last quarter. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Valvoline Price Performance

Valvoline stock opened at $35.08 on Wednesday. Valvoline Inc. has a 52 week low of $33.90 and a 52 week high of $48.26. The firm has a market cap of $4.46 billion, a P/E ratio of 16.78 and a beta of 1.48. 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’s fifty day moving average is $36.84 and its two-hundred day moving average is $39.07.

Valvoline (NYSE:VVV) last issued its quarterly earnings results 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 net margin of 16.34% and a return on equity of 143.64%. Equities research analysts forecast that Valvoline Inc. will post 1.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on VVV. Mizuho dropped their price objective on shares of Valvoline from $46.00 to $42.00 and set an “outperform” rating for the company in a research note on Monday, January 6th. Stifel Nicolaus began coverage on shares of Valvoline in a research note on Friday, December 20th. They issued a “hold” rating and a $42.00 price objective for the company. 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 note on Thursday, February 13th. Robert W. Baird dropped their price objective on shares of Valvoline from $48.00 to $46.00 and set an “outperform” rating for the company in a research note on Wednesday, November 20th. Finally, Wells Fargo & Company dropped their price objective on shares of Valvoline from $46.00 to $44.00 and set an “overweight” rating for the company in a research note on Wednesday, November 20th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Valvoline presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.40.

Insider Buying and Selling at Valvoline

In other Valvoline news, insider Julie Marie O’daniel sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $37.41, for a total value of $224,460.00. Following the completion of the sale, the insider now owns 15,305 shares in the company, valued at approximately $572,560.05. This trade represents a 28.16 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.66% of the company’s stock.

Valvoline 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.