Yousif Capital Management LLC Has $2.49 Million Holdings in Valvoline Inc. (NYSE:VVV)

Yousif Capital Management LLC lifted its position in Valvoline Inc. (NYSE:VVV) by 2.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 66,273 shares of the basic materials company’s stock after acquiring an additional 1,400 shares during the quarter. Yousif Capital Management LLC owned approximately 0.05% of Valvoline worth $2,491,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Park Place Capital Corp acquired a new stake in shares of Valvoline in the fourth quarter worth $26,000. GAMMA Investing LLC purchased a new stake in Valvoline in the 4th quarter worth about $35,000. CWM LLC boosted its position in Valvoline by 127.1% during the 3rd quarter. CWM LLC now owns 1,465 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 820 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of Valvoline in the 4th quarter valued at about $57,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of Valvoline in the third quarter worth approximately $60,000. Institutional investors and hedge funds own 96.13% of the company’s stock.

Analysts Set New Price Targets

VVV has been the topic of a number of research analyst reports. Citigroup boosted their price objective on shares of Valvoline from $36.00 to $45.00 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Morgan Stanley upgraded shares of Valvoline from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $37.00 to $44.00 in a report on Tuesday, January 16th. Mizuho assumed coverage on Valvoline in a research report on Tuesday, March 19th. They set a “buy” rating and a $50.00 price objective for the company. Finally, Royal Bank of Canada boosted their target price on Valvoline from $43.00 to $45.00 and gave the company an “outperform” rating in a research note on Wednesday, February 7th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Valvoline has a consensus rating of “Moderate Buy” and an average price target of $42.75.

Valvoline Trading Down 0.6 %

Shares of NYSE:VVV opened at $42.59 on Tuesday. Valvoline Inc. has a 1 year low of $29.15 and a 1 year high of $45.37. The firm has a fifty day moving average price of $43.01 and a 200 day moving average price of $37.87. The company has a current ratio of 2.24, a quick ratio of 2.14 and a debt-to-equity ratio of 24.02. The stock has a market capitalization of $5.52 billion, a PE ratio of 5.29 and a beta of 1.44.

Valvoline (NYSE:VVV) last released its quarterly earnings results on Tuesday, February 6th. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.29. Valvoline had a return on equity of 41.83% and a net margin of 92.04%. The company had revenue of $373.40 million during the quarter, compared to the consensus estimate of $380.10 million. During the same quarter in the prior year, the company posted $0.16 EPS. The firm’s revenue was up 12.2% on a year-over-year basis. Analysts expect that Valvoline Inc. will post 1.61 EPS for the current fiscal year.

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.