Valvoline Inc (NYSE:VVV) insider Julie Marie O’daniel sold 1,466 shares of the stock in a transaction dated Wednesday, January 16th. The stock was sold at an average price of $21.00, for a total transaction of $30,786.00. Following the sale, the insider now owns 2,683 shares of the company’s stock, valued at approximately $56,343. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NYSE VVV traded up $0.36 during trading hours on Thursday, hitting $21.69. 3,102,611 shares of the stock were exchanged, compared to its average volume of 1,033,900. The stock has a market capitalization of $3.88 billion, a P/E ratio of 16.81, a P/E/G ratio of 1.43 and a beta of 0.90. Valvoline Inc has a 12-month low of $17.49 and a 12-month high of $25.14.

Valvoline (NYSE:VVV) last posted its quarterly earnings results on Monday, November 5th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34. Valvoline had a net margin of 7.26% and a negative return on equity of 95.31%. The firm had revenue of $594.00 million during the quarter, compared to analysts’ expectations of $593.80 million. During the same period in the prior year, the company posted $0.33 earnings per share. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, equities research analysts predict that Valvoline Inc will post 1.39 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the business. Meeder Asset Management Inc. purchased a new position in Valvoline in the fourth quarter valued at about $51,000. Town & Country Bank & Trust CO dba First Bankers Trust CO purchased a new position in Valvoline in the fourth quarter valued at about $341,000. Dubuque Bank & Trust Co. purchased a new position in Valvoline in the fourth quarter valued at about $166,000. Rehmann Capital Advisory Group increased its holdings in Valvoline by 2,051.0% in the third quarter. Rehmann Capital Advisory Group now owns 28,479 shares of the basic materials company’s stock valued at $1,324,000 after buying an additional 27,155 shares in the last quarter. Finally, Teachers Advisors LLC increased its holdings in Valvoline by 1.0% in the third quarter. Teachers Advisors LLC now owns 593,375 shares of the basic materials company’s stock valued at $12,763,000 after buying an additional 5,805 shares in the last quarter. 98.45% of the stock is owned by institutional investors.

VVV has been the subject of several recent research reports. Jefferies Financial Group started coverage on shares of Valvoline in a research note on Wednesday, October 3rd. They set a “buy” rating and a $27.00 target price for the company. ValuEngine cut shares of Valvoline from a “hold” rating to a “sell” rating in a report on Thursday, October 11th. Zacks Investment Research cut shares of Valvoline from a “buy” rating to a “hold” rating in a report on Saturday, October 13th. Bank of America cut shares of Valvoline from a “buy” rating to an “underperform” rating and cut their price target for the stock from $24.00 to $20.00 in a report on Tuesday, November 6th. Finally, Wolfe Research cut shares of Valvoline from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $23.75.

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About Valvoline

Valvoline Inc manufactures and markets engine and automotive maintenance products and services. It operates through three segments: Core North America, Quick Lubes, and International. The company offers lubricants for passenger car, light duty, and heavy duty; antifreeze/coolants for original equipment manufacturers; functional and maintenance chemicals, such as brake fluids and power steering fluids, as well as specialty coatings for automotive and industrial applications comprising rust prevention and sound absorption; and oil and air filters for light-duty vehicles.

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