Financial Management Professionals Inc. Reduces Position in Valvoline Inc. (NYSE:VVV)

Financial Management Professionals Inc. reduced its position in shares of Valvoline Inc. (NYSE:VVV) by 33.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,968 shares of the basic materials company’s stock after selling 987 shares during the period. Financial Management Professionals Inc.’s holdings in Valvoline were worth $71,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. UMB Bank n.a. raised its position in Valvoline by 92.1% in the 3rd quarter. UMB Bank n.a. now owns 630 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 302 shares during the last quarter. Prospera Private Wealth LLC purchased a new stake in Valvoline during the 3rd quarter valued at approximately $41,000. ORG Partners LLC raised its stake in shares of Valvoline by 466.7% during the fourth quarter. ORG Partners LLC now owns 1,275 shares of the basic materials company’s stock worth $46,000 after purchasing an additional 1,050 shares during the last quarter. Blue Trust Inc. raised its position in Valvoline by 83.0% during the 3rd quarter. Blue Trust Inc. now owns 1,332 shares of the basic materials company’s stock worth $58,000 after buying an additional 604 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Valvoline by 46.5% in the third quarter. GAMMA Investing LLC now owns 1,465 shares of the basic materials company’s stock valued at $61,000 after acquiring an additional 465 shares in the last quarter. Institutional investors and hedge funds own 96.13% of the company’s stock.

Valvoline Stock Down 0.7 %

VVV stock opened at $36.23 on Monday. The firm has a market cap of $4.65 billion, a price-to-earnings ratio of 22.36 and a beta of 1.45. Valvoline Inc. has a 1-year low of $33.86 and a 1-year high of $48.26. The firm has a fifty day moving average price of $38.02 and a two-hundred day moving average price of $40.68. The company has a debt-to-equity ratio of 5.77, a current ratio of 0.72 and a quick ratio of 0.61.

Analysts Set New Price Targets

Several equities analysts have issued reports on VVV shares. Wells Fargo & Company dropped their target price on Valvoline from $46.00 to $44.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. Morgan Stanley dropped their price objective on Valvoline from $46.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, November 20th. Royal Bank of Canada reduced their target price on Valvoline from $52.00 to $46.00 and set an “outperform” rating for the company in a report on Wednesday, November 20th. Mizuho decreased their price target on Valvoline from $46.00 to $42.00 and set an “outperform” rating on the stock in a research note on Monday, January 6th. Finally, Stephens initiated coverage on Valvoline in a research report on Tuesday, October 15th. They issued an “overweight” rating and a $49.00 price target for the company. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.33.

Insider Buying and Selling at Valvoline

In other Valvoline news, CTO Robert Travis Dobbins sold 1,914 shares of Valvoline stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $40.00, for a total transaction of $76,560.00. Following the sale, the chief technology officer now owns 14,956 shares of the company’s stock, valued at $598,240. The trade was a 11.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lori Ann Flees acquired 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were bought at an average price of $39.64 per share, for a total transaction of $99,100.00. Following the completion of the purchase, the chief executive officer now owns 38,428 shares of the company’s stock, valued at approximately $1,523,285.92. This represents a 6.96 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.66% of the stock is currently owned by company insiders.

About Valvoline

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.