Fiduciary Management Inc. WI Increases Stock Position in Valvoline Inc. (NYSE:VVV)

Fiduciary Management Inc. WI boosted its holdings in Valvoline Inc. (NYSE:VVV) by 35.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,221,275 shares of the basic materials company’s stock after purchasing an additional 1,096,486 shares during the quarter. Valvoline comprises 1.4% of Fiduciary Management Inc. WI’s investment portfolio, making the stock its 29th largest holding. Fiduciary Management Inc. WI owned 3.29% of Valvoline worth $152,726,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VVV. Norges Bank purchased a new position in shares of Valvoline during the fourth quarter worth about $54,114,000. Wasatch Advisors LP lifted its position in Valvoline by 11.1% during the 4th quarter. Wasatch Advisors LP now owns 10,818,256 shares of the basic materials company’s stock worth $391,405,000 after acquiring an additional 1,080,114 shares during the period. Champlain Investment Partners LLC acquired a new stake in Valvoline during the 4th quarter worth approximately $35,051,000. Marshall Wace LLP grew its stake in shares of Valvoline by 697.1% in the 4th quarter. Marshall Wace LLP now owns 1,058,267 shares of the basic materials company’s stock valued at $38,288,000 after purchasing an additional 925,504 shares during the last quarter. Finally, TimesSquare Capital Management LLC increased its holdings in shares of Valvoline by 766.6% in the fourth quarter. TimesSquare Capital Management LLC now owns 644,980 shares of the basic materials company’s stock valued at $23,335,000 after purchasing an additional 570,550 shares during the period. Institutional investors and hedge funds own 96.13% of the company’s stock.

Valvoline Trading Up 0.8 %

Shares of VVV stock opened at $33.47 on Friday. The stock has a market cap of $4.25 billion, a P/E ratio of 16.01 and a beta of 1.32. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 4.39. Valvoline Inc. has a fifty-two week low of $31.02 and a fifty-two week high of $48.27. The business has a fifty day simple moving average of $35.49 and a 200-day simple moving average of $37.73.

Valvoline (NYSE:VVV) last posted its earnings results on Thursday, February 6th. The basic materials company reported $0.32 earnings per share for the quarter, beating 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%. On average, analysts forecast that Valvoline Inc. will post 1.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VVV shares. TD Cowen assumed coverage on shares of Valvoline in a research report on Friday, April 4th. They issued a “buy” rating and a $40.00 price objective on the stock. JPMorgan Chase & Co. lifted their target price on shares of Valvoline from $37.00 to $38.00 and gave the company a “neutral” rating in a report on Thursday, February 13th. Stifel Nicolaus assumed coverage on shares of Valvoline in a report on Friday, December 20th. They set a “hold” rating and a $42.00 price target for the company. Mizuho lowered their price objective on Valvoline from $46.00 to $42.00 and set an “outperform” rating on the stock in a report on Monday, January 6th. Finally, TD Securities assumed coverage on Valvoline in a research note on Friday, April 4th. They set a “buy” rating and a $40.00 target price for the company. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Valvoline has an average rating of “Moderate Buy” and an average target price of $43.67.

Insider Buying and Selling at Valvoline

In other Valvoline news, insider Julie Marie O’daniel sold 6,000 shares of the company’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 transaction, the insider now directly owns 15,305 shares in the company, valued at approximately $572,560.05. This represents a 28.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.66% of the stock is owned by insiders.

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.