Vanguard Personalized Indexing Management LLC Purchases New Stake in Valvoline Inc. (NYSE:VVV)

Vanguard Personalized Indexing Management LLC acquired a new position in shares of Valvoline Inc. (NYSE:VVV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,108 shares of the basic materials company’s stock, valued at approximately $455,000.

A number of other large investors also recently made changes to their positions in the business. Park Place Capital Corp acquired a new stake in shares of Valvoline in the 4th quarter valued at $26,000. GAMMA Investing LLC bought a new stake in shares of Valvoline during the 4th quarter worth about $35,000. Principal Securities Inc. acquired a new position in shares of Valvoline during the 4th quarter valued at about $39,000. Meeder Asset Management Inc. acquired a new stake in Valvoline in the 4th quarter worth approximately $57,000. Finally, DekaBank Deutsche Girozentrale bought a new stake in Valvoline during the third quarter worth approximately $60,000. Institutional investors and hedge funds own 96.13% of the company’s stock.

Wall Street Analysts Forecast Growth

VVV has been the subject of several recent analyst reports. Royal Bank of Canada upped their price objective on shares of Valvoline from $43.00 to $45.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. Mizuho initiated coverage on Valvoline in a report on Tuesday, March 19th. They issued a “buy” rating and a $50.00 target price on the stock. Finally, Citigroup increased their price objective on Valvoline from $36.00 to $45.00 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $42.75.

Valvoline Stock Performance

Valvoline stock opened at $40.53 on Friday. The stock has a fifty day moving average price of $42.73 and a two-hundred day moving average price of $39.37. The company has a debt-to-equity ratio of 15.83, a current ratio of 0.73 and a quick ratio of 0.69. Valvoline Inc. has a 52-week low of $29.15 and a 52-week high of $45.37. The firm has a market capitalization of $5.22 billion, a P/E ratio of 32.17 and a beta of 1.45.

Valvoline (NYSE:VVV) last released its quarterly earnings results on Wednesday, May 8th. The basic materials company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The business had revenue of $388.70 million for the quarter, compared to analysts’ expectations of $390.75 million. Valvoline had a net margin of 11.78% and a return on equity of 136.59%. Valvoline’s revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 earnings per share. As a group, analysts anticipate that Valvoline Inc. will post 1.61 EPS for the current fiscal year.

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.