Mitsubishi UFJ Trust & Banking Corp Has $333,000 Stake in Valvoline Inc. (NYSE:VVV)

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Valvoline Inc. (NYSE:VVVGet Rating) by 5.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,535 shares of the basic materials company’s stock after selling 617 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Valvoline were worth $333,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VVV. Glenview Capital Management LLC bought a new position in shares of Valvoline during the 1st quarter worth about $55,059,000. Leeward Investments LLC MA bought a new position in shares of Valvoline during the 1st quarter worth about $24,781,000. Freshford Capital Management LLC lifted its holdings in shares of Valvoline by 57.8% during the 1st quarter. Freshford Capital Management LLC now owns 1,424,783 shares of the basic materials company’s stock worth $44,965,000 after acquiring an additional 521,738 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Valvoline by 48.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,011,762 shares of the basic materials company’s stock worth $31,931,000 after acquiring an additional 328,241 shares during the period. Finally, P Schoenfeld Asset Management LP bought a new position in shares of Valvoline during the 1st quarter worth about $9,310,000. 90.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on VVV. StockNews.com downgraded shares of Valvoline from a “buy” rating to a “hold” rating in a report on Wednesday, November 16th. Citigroup raised their price objective on shares of Valvoline from $35.00 to $39.00 in a report on Wednesday, November 16th.

Valvoline Trading Up 0.2 %

Shares of VVV stock opened at $32.81 on Wednesday. Valvoline Inc. has a 12-month low of $24.40 and a 12-month high of $37.97. The company has a market capitalization of $5.81 billion, a P/E ratio of 13.90 and a beta of 1.36. The firm has a 50-day moving average price of $28.35 and a 200 day moving average price of $29.55. The company has a quick ratio of 1.73, a current ratio of 1.76 and a debt-to-equity ratio of 4.97.

About Valvoline

(Get Rating)

Valvoline Inc manufactures, markets, and supplies, engine and automotive maintenance products and services. It operates through two segments, Retail Services and Global Products. The company offers lubricants for passenger car, light duty, and heavy duty; antifreeze/coolants for original equipment manufacturers; functional and maintenance chemicals, such as brake fluids and power steering fluids, as well as specialty coatings for automotive and industrial applications; and oil and air filters for light-duty vehicles.

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Institutional Ownership by Quarter for Valvoline (NYSE:VVV)

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