Valvoline $VVV Stock Position Raised by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management L.L.C. has increased its holdings in Valvoline (NYSE:VVV) by 104.8% to approximately $4.59 million, owning 131,785 shares as of the latest SEC filing.
• Several hedge funds have adjusted their positions in Valvoline, with institutional investors owning 96.13% of the company's stock, indicating a strong interest in the company.
• Analysts have shown optimism for Valvoline, with firms like Goldman Sachs upgrading the stock to a "buy" rating and raising price targets up to $45.00, contributing to a consensus rating of "Moderate Buy."

Landscape Capital Management L.L.C. grew its holdings in shares of Valvoline (NYSE:VVV - Free Report) by 104.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 131,785 shares of the basic materials company's stock after acquiring an additional 67,448 shares during the quarter. Landscape Capital Management L.L.C. owned about 0.10% of Valvoline worth $4,587,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Cetera Investment Advisers boosted its position in Valvoline by 1.3% during the 4th quarter. Cetera Investment Advisers now owns 21,425 shares of the basic materials company's stock worth $775,000 after acquiring an additional 277 shares during the period. Isthmus Partners LLC boosted its stake in Valvoline by 4.2% during the first quarter. Isthmus Partners LLC now owns 9,544 shares of the basic materials company's stock valued at $332,000 after buying an additional 387 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Valvoline by 2.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,773 shares of the basic materials company's stock valued at $607,000 after buying an additional 409 shares in the last quarter. ProShare Advisors LLC boosted its stake in Valvoline by 7.4% during the fourth quarter. ProShare Advisors LLC now owns 6,033 shares of the basic materials company's stock valued at $218,000 after buying an additional 416 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in Valvoline by 2.0% during the fourth quarter. Captrust Financial Advisors now owns 22,124 shares of the basic materials company's stock valued at $800,000 after buying an additional 438 shares in the last quarter. Institutional investors and hedge funds own 96.13% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on VVV shares. Zacks Research raised Valvoline to a "hold" rating in a research note on Tuesday, August 12th. The Goldman Sachs Group raised Valvoline from a "hold" rating to a "buy" rating and raised their target price for the company from $40.00 to $45.00 in a research note on Tuesday, June 3rd. Wells Fargo & Company raised their target price on Valvoline from $42.00 to $44.00 and gave the company an "overweight" rating in a research note on Thursday, August 7th. Morgan Stanley decreased their target price on Valvoline from $41.00 to $39.00 and set an "equal weight" rating for the company in a research note on Friday, May 9th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $44.00 price target (down previously from $45.00) on shares of Valvoline in a research report on Friday, May 9th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $42.31.

Valvoline Trading Down 1.0%

Shares of NYSE:VVV traded down $0.39 during midday trading on Friday, reaching $38.67. The company had a trading volume of 1,527,090 shares, compared to its average volume of 1,664,197. The company has a fifty day simple moving average of $37.89 and a two-hundred day simple moving average of $36.13. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 17.99 and a beta of 1.17. The company has a debt-to-equity ratio of 3.37, a quick ratio of 0.60 and a current ratio of 0.73. Valvoline has a 1-year low of $31.01 and a 1-year high of $43.74.

Valvoline (NYSE:VVV - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.01. The firm had revenue of $439.00 million during 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 business'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. Research analysts predict that Valvoline will post 1.63 earnings per share for the current year.

Insider Transactions at Valvoline

In other Valvoline news, CFO J Kevin Willis acquired 12,725 shares of Valvoline stock in a transaction that occurred on Thursday, August 14th. The stock was purchased at an average cost of $39.41 per share, with a total value of $501,492.25. Following the purchase, the chief financial officer owned 12,725 shares in the company, valued at approximately $501,492.25. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.66% of the company's stock.

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.