Dimensional Fund Advisors LP Sells 79,460 Shares of Valvoline Inc. (NYSE:VVV)

Dimensional Fund Advisors LP lessened its stake in shares of Valvoline Inc. (NYSE:VVV – Get Rating) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,119,673 shares of the basic materials company’s stock after selling 79,460 shares during the quarter. Dimensional Fund Advisors LP owned about 1.79% of Valvoline worth $101,855,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in shares of Valvoline by 1.0% during the 3rd quarter. BlackRock Inc. now owns 16,091,515 shares of the basic materials company’s stock worth $407,760,000 after acquiring an additional 151,612 shares in the last quarter. Boston Partners boosted its stake in Valvoline by 94.4% during the 4th quarter. Boston Partners now owns 7,806,725 shares of the basic materials company’s stock valued at $256,145,000 after purchasing an additional 3,791,195 shares during the period. State Street Corp boosted its stake in Valvoline by 2.4% during the 1st quarter. State Street Corp now owns 4,946,126 shares of the basic materials company’s stock valued at $156,100,000 after purchasing an additional 115,558 shares during the period. Tensile Capital Management LP boosted its stake in Valvoline by 1.7% during the 3rd quarter. Tensile Capital Management LP now owns 2,327,060 shares of the basic materials company’s stock valued at $58,968,000 after purchasing an additional 38,405 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Valvoline by 1.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,678,671 shares of the basic materials company’s stock valued at $52,979,000 after purchasing an additional 29,481 shares during the period. Institutional investors own 90.20% of the company’s stock.

Insider Buying and Selling

In related news, SVP Heidi J. Matheys sold 2,546 shares of the stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $38.64, for a total transaction of $98,377.44. Following the sale, the senior vice president now directly owns 37,159 shares in the company, valued at approximately $1,435,823.76. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Valvoline news, SVP Heidi J. Matheys sold 2,546 shares of the stock in a transaction on Friday, May 12th. The stock was sold at an average price of $38.64, for a total value of $98,377.44. Following the transaction, the senior vice president now directly owns 37,159 shares in the company, valued at approximately $1,435,823.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Heidi J. Matheys sold 5,823 shares of the firm’s stock in a transaction on Tuesday, April 4th. The stock was sold at an average price of $35.25, for a total value of $205,260.75. Following the completion of the transaction, the senior vice president now owns 37,159 shares in the company, valued at $1,309,854.75. The disclosure for this sale can be found here. 0.99% of the stock is owned by corporate insiders.

Valvoline Trading Up 0.3 %

Shares of VVV opened at $38.73 on Monday. Valvoline Inc. has a 1 year low of $24.40 and a 1 year high of $39.67. The company has a current ratio of 3.95, a quick ratio of 3.90 and a debt-to-equity ratio of 1.15. The stock has a 50 day simple moving average of $34.92 and a 200-day simple moving average of $34.11. The stock has a market cap of $6.42 billion, a PE ratio of 4.30 and a beta of 1.37.

Valvoline (NYSE:VVV – Get Rating) last released its quarterly earnings results on Wednesday, May 10th. The basic materials company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The business had revenue of $344.50 million for the quarter, compared to analyst estimates of $347.12 million. Valvoline had a return on equity of 50.51% and a net margin of 79.50%. On average, sell-side analysts predict that Valvoline Inc. will post 1.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Citigroup downgraded Valvoline from a “buy” rating to a “neutral” rating and set a $37.00 target price for the company. in a research note on Friday, February 24th. JPMorgan Chase & Co. upped their price target on Valvoline from $36.00 to $41.00 and gave the company an “overweight” rating in a report on Wednesday, February 8th. StockNews.com raised Valvoline from a “sell” rating to a “hold” rating in a report on Thursday, May 11th. Finally, Royal Bank of Canada upped their price target on Valvoline from $40.00 to $43.00 in a report on Thursday, May 11th.

About Valvoline

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Valvoline, Inc engages in the production, marketing, and supply of engine and automotive maintenance products and services. It operates through the Retail Services segment. The Retail Services segment services the passenger car and light truck quick lube market in the US and Canada with preventive maintenance services done through company operated and independent franchise care stores.