Sapience Investments LLC raised its position in Valvoline Inc (NYSE:VVV) by 5.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 75,700 shares of the basic materials company’s stock after buying an additional 3,890 shares during the quarter. Sapience Investments LLC’s holdings in Valvoline were worth $1,897,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Chicago Partners Investment Group LLC increased its stake in Valvoline by 600.2% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 6,400 shares of the basic materials company’s stock valued at $150,000 after buying an additional 5,486 shares during the period. Leavell Investment Management Inc. acquired a new position in Valvoline in the 4th quarter valued at $206,000. Good Life Advisors LLC acquired a new position in Valvoline in the 4th quarter valued at $241,000. Dean Capital Investments Management LLC acquired a new position in Valvoline in the 4th quarter valued at $254,000. Finally, Zions Bancorporation increased its stake in Valvoline by 70.4% in the 3rd quarter. Zions Bancorporation now owns 11,907 shares of the basic materials company’s stock valued at $279,000 after buying an additional 4,918 shares during the period. 98.19% of the stock is currently owned by institutional investors.
Valvoline Inc (NYSE:VVV) opened at $23.99 on Tuesday. The company has a debt-to-equity ratio of -5.91, a quick ratio of 1.54 and a current ratio of 2.00. Valvoline Inc has a 12 month low of $20.99 and a 12 month high of $25.63. The firm has a market cap of $4,749.56, a price-to-earnings ratio of 22.01, a PEG ratio of 1.41 and a beta of 1.03.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be paid a dividend of $0.0745 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.24%. Valvoline’s dividend payout ratio (DPR) is presently 27.52%.
Several equities analysts have issued reports on VVV shares. Zacks Investment Research cut shares of Valvoline from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Seaport Global Securities cut shares of Valvoline from a “buy” rating to a “neutral” rating and set a $26.00 price objective on the stock. in a research note on Wednesday, November 22nd. ValuEngine cut shares of Valvoline from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Longbow Research boosted their price objective on shares of Valvoline from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, December 21st. Finally, Morgan Stanley dropped their price objective on shares of Valvoline from $28.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Friday, February 9th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $25.86.
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Valvoline Inc (Valvoline) is engaged in the production and distribution of automotive, commercial and industrial lubricants, and automotive chemicals. The Company operates through three segments: Core North America, Quick Lubes and International. The Core North America segment sells Valvoline, and other branded and private label products in the United States and Canada to both consumers performing their own automotive maintenance, referred to as Do-It-Yourself (DIY) consumers, as well as, to installer customers using Valvoline products to service vehicles owned by Do-It-For-Me (DIFM) consumers.
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