Valvoline $VVV Stock Holdings Lowered by Leeward Investments LLC MA

Leeward Investments LLC MA lowered its position in shares of Valvoline (NYSE:VVV) by 0.8% in the 2nd quarter, Holdings Channel reports. The fund owned 545,600 shares of the basic materials company’s stock after selling 4,278 shares during the period. Valvoline comprises 1.1% of Leeward Investments LLC MA’s investment portfolio, making the stock its 18th biggest holding. Leeward Investments LLC MA’s holdings in Valvoline were worth $20,662,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VVV. Maseco LLP bought a new position in Valvoline in the 2nd quarter valued at about $27,000. Parallel Advisors LLC grew its position in Valvoline by 67.5% in the 2nd quarter. Parallel Advisors LLC now owns 1,164 shares of the basic materials company’s stock valued at $44,000 after buying an additional 469 shares in the last quarter. Steph & Co. bought a new position in Valvoline in the 2nd quarter valued at about $45,000. CWM LLC grew its position in Valvoline by 50.8% in the 1st quarter. CWM LLC now owns 1,440 shares of the basic materials company’s stock valued at $50,000 after buying an additional 485 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Valvoline by 101.5% in the 1st quarter. GAMMA Investing LLC now owns 2,170 shares of the basic materials company’s stock valued at $76,000 after buying an additional 1,093 shares in the last quarter. Institutional investors own 96.13% of the company’s stock.

Insider Buying and Selling

In related news, CFO J Kevin Willis purchased 12,725 shares of the stock in a transaction on Thursday, August 14th. The shares were bought at an average price of $39.41 per share, for a total transaction of $501,492.25. Following the completion of the acquisition, the chief financial officer directly owned 12,725 shares in the company, valued at approximately $501,492.25. This trade represents a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.66% of the stock is currently owned by company insiders.

Valvoline Trading Down 0.3%

NYSE:VVV opened at $33.73 on Friday. The stock’s 50 day moving average price is $37.39 and its 200 day moving average price is $36.44. Valvoline has a 52 week low of $31.01 and a 52 week high of $43.74. The company has a market capitalization of $4.29 billion, a P/E ratio of 15.69 and a beta of 1.18. The company has a debt-to-equity ratio of 3.37, a quick ratio of 0.60 and a current ratio of 0.73.

Valvoline (NYSE:VVV) last released its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. Valvoline had a return on equity of 84.85% and a net margin of 16.43%.The firm had revenue of $439.00 million for the quarter, compared to the consensus estimate of $436.35 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The firm’s revenue was up 4.2% on a year-over-year basis. On average, research analysts forecast that Valvoline will post 1.63 EPS for the current fiscal year.

Analyst Ratings Changes

VVV has been the subject of a number of analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $48.00 price objective on shares of Valvoline in a research note on Tuesday, October 21st. Cfra Research raised shares of Valvoline to a “hold” rating in a research note on Monday, July 7th. Wells Fargo & Company reduced their price objective on shares of Valvoline from $44.00 to $42.00 and set an “overweight” rating for the company in a research note on Tuesday. Stephens increased their price target on shares of Valvoline from $40.00 to $44.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Finally, Wall Street Zen lowered shares of Valvoline from a “hold” rating to a “sell” rating in a research report on Friday, September 26th. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.62.

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.