Capital Insight Partners LLC Has $1.06 Million Stock Holdings in Valvoline $VVV

Key Points

• Capital Insight Partners LLC significantly reduced its stake in Valvoline by 70.4% in the second quarter, owning 27,917 shares worth approximately $1.06 million after selling over 66,000 shares.
• Several hedge funds have increased their positions in Valvoline, with notable additions, such as Parallel Advisors LLC, which raised its stake by 67.5% during the same quarter.
• Analysts have mixed ratings on Valvoline; while Stephens raised its price target to $44.00, others, like Wall Street Zen, downgraded their rating from "hold" to "sell."

Capital Insight Partners LLC decreased its stake in Valvoline (NYSE:VVV - Free Report) by 70.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,917 shares of the basic materials company's stock after selling 66,244 shares during the period. Capital Insight Partners LLC's holdings in Valvoline were worth $1,057,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VVV. Isthmus Partners LLC raised its position in Valvoline by 4.2% in the first quarter. Isthmus Partners LLC now owns 9,544 shares of the basic materials company's stock valued at $332,000 after purchasing an additional 387 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Valvoline by 2.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,773 shares of the basic materials company's stock worth $607,000 after buying an additional 409 shares during the period. ProShare Advisors LLC grew its holdings in Valvoline by 7.4% during the 4th quarter. ProShare Advisors LLC now owns 6,033 shares of the basic materials company's stock worth $218,000 after acquiring an additional 416 shares during the last quarter. Meridian Wealth Management LLC increased its position in Valvoline by 5.8% in the 1st quarter. Meridian Wealth Management LLC now owns 8,058 shares of the basic materials company's stock valued at $280,000 after acquiring an additional 443 shares during the period. Finally, Parallel Advisors LLC raised its stake in shares of Valvoline by 67.5% during the second quarter. Parallel Advisors LLC now owns 1,164 shares of the basic materials company's stock valued at $44,000 after acquiring an additional 469 shares during the last quarter. Institutional investors own 96.13% of the company's stock.

Insider Activity

In other Valvoline news, CFO J Kevin Willis purchased 12,725 shares of Valvoline stock in a transaction that occurred on Thursday, August 14th. The stock was acquired at an average price of $39.41 per share, with a total value of $501,492.25. Following the transaction, the chief financial officer owned 12,725 shares in the company, valued at $501,492.25. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.66% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on VVV shares. Stephens increased their price target on Valvoline from $40.00 to $44.00 and gave the company an "overweight" rating in a research note on Tuesday, July 29th. Zacks Research upgraded shares of Valvoline to a "hold" rating in a report on Tuesday, August 12th. Cfra Research raised shares of Valvoline to a "hold" rating in a research note on Monday, July 7th. Wall Street Zen cut shares of Valvoline from a "hold" rating to a "sell" rating in a research report on Friday. Finally, The Goldman Sachs Group upgraded shares of Valvoline from a "hold" rating to a "buy" rating and boosted their target price for the company from $40.00 to $45.00 in a report on Tuesday, June 3rd. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $42.77.

Valvoline Price Performance

Shares of NYSE VVV opened at $36.69 on Monday. The firm has a market capitalization of $4.66 billion, a P/E ratio of 17.06 and a beta of 1.21. The firm's 50-day moving average price is $38.26 and its 200-day moving average price is $36.45. The company has a current ratio of 0.73, a quick ratio of 0.60 and a debt-to-equity ratio of 3.37. Valvoline has a 1-year low of $31.01 and a 1-year high of $43.74.

Valvoline (NYSE:VVV - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.01. The business had revenue of $439.00 million for the quarter, compared to the consensus estimate of $436.35 million. Valvoline had a return on equity of 84.85% and a net margin of 16.43%.The firm's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.45 EPS. Equities research analysts anticipate that Valvoline will post 1.63 earnings per share 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.

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