Linden Thomas Advisory Services LLC Has $1.69 Million Stock Position in Valvoline Inc. (NYSE:VVV)

Linden Thomas Advisory Services LLC reduced its stake in shares of Valvoline Inc. (NYSE:VVV) by 1.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 46,561 shares of the basic materials company’s stock after selling 487 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Valvoline were worth $1,685,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of VVV. Inspire Investing LLC raised its holdings in shares of Valvoline by 11.5% in the fourth quarter. Inspire Investing LLC now owns 12,234 shares of the basic materials company’s stock valued at $443,000 after purchasing an additional 1,265 shares during the last quarter. Sendero Wealth Management LLC grew its stake in shares of Valvoline by 34.8% in the fourth quarter. Sendero Wealth Management LLC now owns 20,780 shares of the basic materials company’s stock valued at $752,000 after buying an additional 5,363 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of Valvoline by 24.9% in the fourth quarter. Park Avenue Securities LLC now owns 8,805 shares of the basic materials company’s stock valued at $319,000 after buying an additional 1,753 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Valvoline in the fourth quarter valued at $17,340,000. Finally, Oak Thistle LLC grew its stake in shares of Valvoline by 314.7% in the fourth quarter. Oak Thistle LLC now owns 20,117 shares of the basic materials company’s stock valued at $728,000 after buying an additional 15,266 shares in the last quarter. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Valvoline Price Performance

Shares of NYSE:VVV opened at $37.03 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.72 and a debt-to-equity ratio of 5.77. Valvoline Inc. has a twelve month low of $33.86 and a twelve month high of $48.26. The stock’s 50 day moving average is $37.39 and its 200-day moving average is $40.48. The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 22.86 and a beta of 1.45.

Analyst Ratings Changes

VVV has been the subject of a number of research analyst reports. Wells Fargo & Company reduced their price objective on shares of Valvoline from $46.00 to $44.00 and set an “overweight” rating for the company in a research report on Wednesday, November 20th. Royal Bank of Canada reduced their price objective on shares of Valvoline from $52.00 to $46.00 and set an “outperform” rating for the company in a research report on Wednesday, November 20th. Stephens initiated coverage on shares of Valvoline in a research report on Tuesday, October 15th. They set an “overweight” rating and a $49.00 price objective for the company. Mizuho reduced their price objective on shares of Valvoline from $46.00 to $42.00 and set an “outperform” rating for the company in a research report on Monday, January 6th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $38.00 price objective (down from $42.00) on shares of Valvoline in a research report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $44.89.

Insider Activity at Valvoline

In other Valvoline news, CEO Lori Ann Flees purchased 2,500 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was purchased at an average price of $39.64 per share, for a total transaction of $99,100.00. Following the transaction, the chief executive officer now owns 38,428 shares in the company, valued at $1,523,285.92. The trade was a 6.96 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Robert Travis Dobbins sold 1,914 shares of Valvoline stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $40.00, for a total value of $76,560.00. Following the sale, the chief technology officer now owns 14,956 shares of the company’s stock, valued at approximately $598,240. This trade represents a 11.35 % decrease in their position. The disclosure for this sale can be found here. 0.66% of the stock is currently owned by insiders.

Valvoline 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.