Valvoline Inc. (NYSE:VVV) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC lifted its stake in Valvoline Inc. (NYSE:VVV - Free Report) by 8.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 107,206 shares of the basic materials company's stock after purchasing an additional 8,677 shares during the quarter. Jane Street Group LLC owned about 0.08% of Valvoline worth $3,879,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Freestone Grove Partners LP purchased a new position in shares of Valvoline in the fourth quarter worth $946,000. Northern Trust Corp increased its position in shares of Valvoline by 24.2% in the 4th quarter. Northern Trust Corp now owns 1,161,652 shares of the basic materials company's stock valued at $42,029,000 after acquiring an additional 226,085 shares during the period. Tudor Investment Corp ET AL raised its stake in Valvoline by 386.6% in the 4th quarter. Tudor Investment Corp ET AL now owns 96,248 shares of the basic materials company's stock worth $3,482,000 after acquiring an additional 76,469 shares during the last quarter. Quarry LP lifted its position in Valvoline by 1,175.5% during the 4th quarter. Quarry LP now owns 3,125 shares of the basic materials company's stock worth $113,000 after acquiring an additional 2,880 shares during the period. Finally, Aquatic Capital Management LLC grew its stake in Valvoline by 145.4% during the 4th quarter. Aquatic Capital Management LLC now owns 19,631 shares of the basic materials company's stock valued at $710,000 after purchasing an additional 11,631 shares during the last quarter. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Valvoline

In related news, insider Julie Marie O'daniel sold 6,000 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $37.41, for a total transaction 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.66% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VVV. 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 report on Friday. Citigroup decreased their price objective on shares of Valvoline from $41.00 to $38.00 and set a "neutral" rating for the company in a research note on Tuesday, April 29th. TD Cowen assumed coverage on shares of Valvoline in a research note on Friday, April 4th. They issued a "buy" rating and a $40.00 price objective on the stock. JPMorgan Chase & Co. raised their target price on shares of Valvoline from $37.00 to $38.00 and gave the stock a "neutral" rating in a report on Thursday, February 13th. Finally, Royal Bank of Canada upped their price target on shares of Valvoline from $46.00 to $48.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Valvoline presently has a consensus rating of "Moderate Buy" and an average price target of $42.33.

Valvoline Price Performance

Shares of Valvoline stock traded down $0.08 during trading hours on Tuesday, reaching $34.90. The stock had a trading volume of 1,168,810 shares, compared to its average volume of 1,403,450. Valvoline Inc. has a twelve month low of $31.02 and a twelve month high of $48.27. The company has a current ratio of 0.70, a quick ratio of 0.58 and a debt-to-equity ratio of 4.39. The firm has a market capitalization of $4.44 billion, a PE ratio of 16.70 and a beta of 1.20. The stock's 50 day moving average is $34.41 and its 200 day moving average is $36.90.

Valvoline (NYSE:VVV - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.02). Valvoline had a return on equity of 143.64% and a net margin of 16.34%. The business had revenue of $403.20 million for the quarter, compared to analysts' expectations of $405.38 million. During the same quarter in the prior year, the company posted $0.37 EPS. The business's revenue for the quarter was up 3.7% compared to the same quarter last year. Equities analysts expect that Valvoline Inc. will post 1.63 earnings per share for the current fiscal year.

Valvoline Company 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.