Valvoline (NYSE:vvv) declared a quarterly dividend on Tuesday, November 15th. Stockholders of record on Monday, December 5th will be given a dividend of 0.049 per share on Tuesday, December 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date is Thursday, December 1st.

Valvoline (NYSE:VVV) opened at 21.09 on Friday. Valvoline has a 1-year low of $18.30 and a 1-year high of $24.51. The firm has a market cap of $4.32 billion and a P/E ratio of 15.86. The stock has a 50 day moving average price of $21.21 and a 200-day moving average price of $21.69.

Valvoline (NYSE:VVV) last announced its quarterly earnings data on Tuesday, November 8th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.32 by $0.03. The business had revenue of $494 million for the quarter, compared to analyst estimates of $487.50 million. During the same period in the prior year, the company posted $0.28 EPS. Valvoline’s quarterly revenue was up 2.1% on a year-over-year basis. Equities research analysts forecast that Valvoline will post $1.31 EPS for the current year.

In other Valvoline news, Director Stephen E. Macadam acquired 5,000 shares of Valvoline stock in a transaction that occurred on Wednesday, September 28th. The shares were bought at an average price of $22.00 per share, with a total value of $110,000.00. Following the completion of the purchase, the director now directly owns 5,000 shares in the company, valued at approximately $110,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Samuel J. Mitchell acquired 25,000 shares of Valvoline stock in a transaction that occurred on Wednesday, September 28th. The stock was acquired at an average cost of $22.00 per share, for a total transaction of $550,000.00. Following the purchase, the chief executive officer now owns 25,000 shares of the company’s stock, valued at $550,000. The disclosure for this purchase can be found here.

Several hedge funds have recently modified their holdings of VVV. Emerald Acquisition Ltd. acquired a new stake in shares of Valvoline during the third quarter valued at $263,000. Bank of New York Mellon Corp acquired a new stake in shares of Valvoline during the third quarter valued at $581,000. Morgan Stanley acquired a new stake in shares of Valvoline during the third quarter valued at $613,000. BlackRock Group LTD acquired a new stake in shares of Valvoline during the third quarter valued at $1,557,000. Finally, Price T Rowe Associates Inc. MD acquired a new stake in shares of Valvoline during the third quarter valued at $112,547,000.

Several brokerages have commented on VVV. Zacks Investment Research downgraded shares of Valvoline from a “hold” rating to a “sell” rating in a research report on Wednesday. Gabelli downgraded shares of Valvoline from a “buy” rating to a “hold” rating in a research report on Thursday, November 10th. Monness Crespi & Hardt lowered their price objective on shares of Valvoline from $27.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday, November 10th. Longbow Research began coverage on shares of Valvoline in a research report on Friday, October 21st. They set a “neutral” rating for the company. Finally, JPMorgan Chase & Co. began coverage on shares of Valvoline in a research report on Friday, October 21st. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $26.11.

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