Tower Research Capital LLC TRC Has $476,000 Holdings in Valvoline Inc. (NYSE:VVV)

Tower Research Capital LLC TRC increased its holdings in Valvoline Inc. (NYSE:VVV - Free Report) by 181.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,148 shares of the basic materials company's stock after acquiring an additional 8,478 shares during the quarter. Tower Research Capital LLC TRC's holdings in Valvoline were worth $476,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Huntington National Bank increased its holdings in Valvoline by 1,004.9% during the 4th quarter. Huntington National Bank now owns 895 shares of the basic materials company's stock worth $32,000 after purchasing an additional 814 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of Valvoline during the fourth quarter worth approximately $36,000. ORG Partners LLC increased its stake in shares of Valvoline by 466.7% in the fourth quarter. ORG Partners LLC now owns 1,275 shares of the basic materials company's stock worth $46,000 after buying an additional 1,050 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in Valvoline during the 4th quarter valued at $49,000. Finally, Headlands Technologies LLC acquired a new position in Valvoline during the 4th quarter worth $73,000. Institutional investors and hedge funds own 96.13% of the company's stock.

Insider Buying and Selling at Valvoline

In other Valvoline news, insider Julie Marie O'daniel sold 6,000 shares of the business's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $37.41, for a total value of $224,460.00. Following 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.66% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Royal Bank of Canada increased their price target on shares of Valvoline from $46.00 to $48.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. TD Securities started coverage on Valvoline in a report on Friday, April 4th. They set a "buy" rating and a $40.00 target price on the stock. TD Cowen began coverage on Valvoline in a report on Friday, April 4th. They issued a "buy" rating and a $40.00 price target for the company. JPMorgan Chase & Co. raised their price objective on Valvoline from $37.00 to $38.00 and gave the stock a "neutral" rating in a research note on Thursday, February 13th. Finally, Citigroup lowered their target price 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. Four analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Valvoline has an average rating of "Moderate Buy" and an average target price of $42.67.

Valvoline Stock Performance

Shares of VVV traded up $0.26 during mid-day trading on Friday, reaching $34.02. 1,404,602 shares of the company's stock traded hands, compared to its average volume of 1,382,862. Valvoline Inc. has a 12 month low of $31.02 and a 12 month high of $48.27. The stock has a market capitalization of $4.32 billion, a P/E ratio of 16.28 and a beta of 1.20. The business's 50-day moving average price is $34.63 and its 200-day moving average price is $37.24. The company has a debt-to-equity ratio of 4.39, a quick ratio of 0.58 and a current ratio of 0.70.

Valvoline (NYSE:VVV - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. Valvoline had a return on equity of 143.64% and a net margin of 16.34%. Equities analysts predict that Valvoline Inc. will post 1.63 earnings per share for the current year.

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.