Callan Family Office LLC Invests $222,000 in Valvoline Inc. (NYSE:VVV)

Callan Family Office LLC bought a new position in Valvoline Inc. (NYSE:VVV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,139 shares of the basic materials company’s stock, valued at approximately $222,000.

Several other institutional investors have also made changes to their positions in the company. MAI Capital Management increased its position in shares of Valvoline by 2.4% in the third quarter. MAI Capital Management now owns 11,624 shares of the basic materials company’s stock worth $486,000 after acquiring an additional 268 shares in the last quarter. Arizona State Retirement System grew its position in Valvoline by 0.8% during the fourth quarter. Arizona State Retirement System now owns 35,530 shares of the basic materials company’s stock valued at $1,285,000 after purchasing an additional 281 shares in the last quarter. State of New Jersey Common Pension Fund D grew its position in Valvoline by 0.7% during the third quarter. State of New Jersey Common Pension Fund D now owns 47,602 shares of the basic materials company’s stock valued at $1,992,000 after purchasing an additional 313 shares in the last quarter. Pacer Advisors Inc. grew its position in Valvoline by 2.0% during the fourth quarter. Pacer Advisors Inc. now owns 19,215 shares of the basic materials company’s stock valued at $695,000 after purchasing an additional 373 shares in the last quarter. Finally, Choreo LLC grew its position in Valvoline by 2.5% during the fourth quarter. Choreo LLC now owns 16,260 shares of the basic materials company’s stock valued at $589,000 after purchasing an additional 396 shares in the last quarter. 96.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Robert W. Baird lowered their price objective on shares of Valvoline from $48.00 to $46.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 20th. Mizuho lowered their price objective on shares of Valvoline from $46.00 to $42.00 and set an “outperform” rating on the stock in a research report on Monday, January 6th. Stifel Nicolaus assumed coverage on shares of Valvoline in a research report on Friday, December 20th. They set a “hold” rating and a $42.00 price objective on the stock. Wells Fargo & Company lowered their price objective on shares of Valvoline from $46.00 to $44.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $38.00 target price (down from $42.00) on shares of Valvoline in a research report on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Valvoline currently has an average rating of “Moderate Buy” and a consensus target price of $44.40.

Insider Transactions at Valvoline

In other news, insider Julie Marie O’daniel sold 6,000 shares of the business’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $37.41, for a total value of $224,460.00. Following the completion of the sale, the insider now directly owns 15,305 shares in the company, valued at approximately $572,560.05. The trade was a 28.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.66% of the stock is owned by corporate insiders.

Valvoline Stock Performance

VVV stock opened at $35.08 on Wednesday. The company has a quick ratio of 0.58, a current ratio of 0.70 and a debt-to-equity ratio of 4.39. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of 16.78 and a beta of 1.48. Valvoline Inc. has a 12 month low of $33.90 and a 12 month high of $48.26. The firm has a 50 day moving average of $36.84 and a two-hundred day moving average of $39.07.

Valvoline (NYSE:VVV) last issued its quarterly earnings data on Thursday, February 6th. The basic materials company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. Valvoline had a net margin of 16.34% and a return on equity of 143.64%. As a group, equities analysts anticipate that Valvoline Inc. will post 1.63 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.