Dimensional Fund Advisors LP Sells 79,460 Shares of Valvoline Inc. (NYSE:VVV)

Dimensional Fund Advisors LP lessened its stake in shares of Valvoline Inc. (NYSE:VVV – Get Rating) by 2.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,119,673 shares of the basic materials company’s stock after selling 79,460 shares during the period. Dimensional Fund Advisors LP’s holdings in Valvoline were worth $101,855,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ellevest Inc. boosted its position in shares of Valvoline by 109.6% during the 4th quarter. Ellevest Inc. now owns 918 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 480 shares in the last quarter. Ronald Blue Trust Inc. boosted its position in shares of Valvoline by 63.4% during the 4th quarter. Ronald Blue Trust Inc. now owns 1,616 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 627 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new position in shares of Valvoline during the 4th quarter worth about $65,000. Geneos Wealth Management Inc. boosted its position in shares of Valvoline by 147.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,100 shares of the basic materials company’s stock worth $66,000 after purchasing an additional 1,250 shares in the last quarter. Finally, Itau Unibanco Holding S.A. bought a new position in shares of Valvoline during the 3rd quarter worth about $91,000. Institutional investors own 90.20% of the company’s stock.

Valvoline Stock Up 0.3 %

VVV opened at $38.73 on Monday. The company has a 50 day moving average of $34.92 and a 200 day moving average of $34.11. The company has a current ratio of 3.95, a quick ratio of 3.90 and a debt-to-equity ratio of 1.15. Valvoline Inc. has a 12 month low of $24.40 and a 12 month high of $39.67. The company has a market cap of $6.42 billion, a PE ratio of 4.30 and a beta of 1.37.

Valvoline (NYSE:VVV – Get Rating) last announced its quarterly earnings results on Wednesday, May 10th. The basic materials company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. Valvoline had a net margin of 79.50% and a return on equity of 50.51%. The firm had revenue of $344.50 million during the quarter, compared to the consensus estimate of $347.12 million. On average, sell-side analysts expect that Valvoline Inc. will post 1.07 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on VVV shares. JPMorgan Chase & Co. upped their target price on shares of Valvoline from $36.00 to $41.00 and gave the stock an “overweight” rating in a report on Wednesday, February 8th. StockNews.com raised shares of Valvoline from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Royal Bank of Canada increased their target price on shares of Valvoline from $40.00 to $43.00 in a research report on Thursday, May 11th. Finally, Citigroup downgraded shares of Valvoline from a “buy” rating to a “neutral” rating and set a $37.00 target price for the company. in a research report on Friday, February 24th.

Insider Buying and Selling at Valvoline

In other news, SVP Heidi J. Matheys sold 5,823 shares of the firm’s stock in a transaction on Tuesday, April 4th. The shares were sold at an average price of $35.25, for a total transaction of $205,260.75. Following the sale, the senior vice president now owns 37,159 shares in the company, valued at approximately $1,309,854.75. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Valvoline news, SVP Heidi J. Matheys sold 2,546 shares of the business’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of $38.64, for a total value of $98,377.44. Following the completion of the sale, the senior vice president now directly owns 37,159 shares of the company’s stock, valued at $1,435,823.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Heidi J. Matheys sold 5,823 shares of the business’s stock in a transaction on Tuesday, April 4th. The stock was sold at an average price of $35.25, for a total transaction of $205,260.75. Following the completion of the sale, the senior vice president now directly owns 37,159 shares of the company’s stock, valued at $1,309,854.75. The disclosure for this sale can be found here. Insiders own 0.99% of the company’s stock.

Valvoline Company Profile

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Valvoline, Inc engages in the production, marketing, and supply of engine and automotive maintenance products and services. It operates through the Retail Services segment. The Retail Services segment services the passenger car and light truck quick lube market in the US and Canada with preventive maintenance services done through company operated and independent franchise care stores.