Valvoline Inc. (NYSE:VVV) SVP Thomas A. Gerrald II sold 3,800 shares of Valvoline stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $24.61, for a total value of $93,518.00. Following the completion of the sale, the senior vice president now directly owns 77 shares of the company’s stock, valued at approximately $1,894.97. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Valvoline Inc. (NYSE:VVV) traded up $0.31 during midday trading on Thursday, reaching $24.46. The company’s stock had a trading volume of 1,371,900 shares, compared to its average volume of 1,361,644. Valvoline Inc. has a fifty-two week low of $19.80 and a fifty-two week high of $25.07. The company has a current ratio of 1.65, a quick ratio of 1.29 and a debt-to-equity ratio of -8.84. The company has a market cap of $4,891.04, a P/E ratio of 17.37, a P/E/G ratio of 2.28 and a beta of 1.62.

Valvoline (NYSE:VVV) last issued its earnings results on Wednesday, November 8th. The basic materials company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). Valvoline had a negative return on equity of 137.91% and a net margin of 14.59%. The company had revenue of $547.00 million during the quarter, compared to the consensus estimate of $528.14 million. During the same quarter in the prior year, the business earned $0.35 EPS. The firm’s revenue for the quarter was up 10.7% compared to the same quarter last year. equities research analysts predict that Valvoline Inc. will post 1.27 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.0745 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.30 annualized dividend and a yield of 1.22%. This is an increase from Valvoline’s previous quarterly dividend of $0.05. Valvoline’s dividend payout ratio (DPR) is currently 20.13%.

Several equities research analysts recently weighed in on the company. ValuEngine lowered Valvoline from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Seaport Global Securities lowered Valvoline from a “buy” rating to a “neutral” rating and set a $26.00 price objective for the company. in a report on Wednesday, November 22nd. Zacks Investment Research raised Valvoline from a “sell” rating to a “hold” rating in a report on Thursday, October 12th. SunTrust Banks reissued a “hold” rating and issued a $25.00 price objective on shares of Valvoline in a report on Friday, November 10th. Finally, Morgan Stanley lifted their price objective on Valvoline from $25.00 to $26.00 and gave the stock an “equal weight” rating in a report on Friday, November 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. Valvoline currently has an average rating of “Hold” and an average price target of $25.29.

A number of hedge funds and other institutional investors have recently modified their holdings of VVV. Legal & General Group Plc boosted its stake in Valvoline by 1,210.5% in the 1st quarter. Legal & General Group Plc now owns 8,204 shares of the basic materials company’s stock worth $201,000 after purchasing an additional 7,578 shares during the period. Geode Capital Management LLC boosted its position in shares of Valvoline by 8.5% during the 1st quarter. Geode Capital Management LLC now owns 253,378 shares of the basic materials company’s stock valued at $6,220,000 after acquiring an additional 19,872 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of Valvoline during the 1st quarter valued at about $2,007,000. Schwab Charles Investment Management Inc. boosted its position in shares of Valvoline by 44.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 115,450 shares of the basic materials company’s stock valued at $2,835,000 after acquiring an additional 35,607 shares during the last quarter. Finally, Capstone Asset Management Co. bought a new stake in shares of Valvoline during the 2nd quarter valued at about $418,000. Institutional investors and hedge funds own 92.19% of the company’s stock.

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Valvoline Company Profile

Valvoline Inc (Valvoline) is engaged in the production and distribution of automotive, commercial and industrial lubricants, and automotive chemicals. The Company operates through three segments: Core North America, Quick Lubes and International. The Core North America segment sells Valvoline, and other branded and private label products in the United States and Canada to both consumers performing their own automotive maintenance, referred to as Do-It-Yourself (DIY) consumers, as well as, to installer customers using Valvoline products to service vehicles owned by Do-It-For-Me (DIFM) consumers.

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