Coldstream Capital Management Inc. Purchases 760 Shares of Valvoline Inc. (NYSE:VVV)

Coldstream Capital Management Inc. boosted its position in shares of Valvoline Inc. (NYSE:VVV) by 11.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 7,209 shares of the basic materials company’s stock after buying an additional 760 shares during the period. Coldstream Capital Management Inc.’s holdings in Valvoline were worth $302,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of Valvoline by 2.5% during the third quarter. Geode Capital Management LLC now owns 2,226,769 shares of the basic materials company’s stock valued at $93,215,000 after buying an additional 54,545 shares during the period. Barclays PLC grew its holdings in Valvoline by 52.4% during the 3rd quarter. Barclays PLC now owns 53,580 shares of the basic materials company’s stock worth $2,242,000 after acquiring an additional 18,414 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in Valvoline by 212.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 158,983 shares of the basic materials company’s stock valued at $6,653,000 after purchasing an additional 108,020 shares during the period. MML Investors Services LLC raised its holdings in shares of Valvoline by 17.6% in the 3rd quarter. MML Investors Services LLC now owns 13,624 shares of the basic materials company’s stock valued at $570,000 after purchasing an additional 2,035 shares in the last quarter. Finally, Orion Portfolio Solutions LLC lifted its position in shares of Valvoline by 190.5% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 24,714 shares of the basic materials company’s stock worth $1,034,000 after purchasing an additional 16,206 shares during the period. 96.13% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on VVV shares. Mizuho cut their price objective on shares of Valvoline from $50.00 to $46.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. Wells Fargo & Company cut their price target on Valvoline from $46.00 to $44.00 and set an “overweight” rating on the stock in a report on Wednesday, November 20th. Morgan Stanley decreased their price objective on Valvoline from $46.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, November 20th. Robert W. Baird cut their target price on Valvoline from $48.00 to $46.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 20th. Finally, Stephens started coverage on shares of Valvoline in a research report on Tuesday, October 15th. They set an “overweight” rating and a $49.00 price target for the company. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Valvoline has a consensus rating of “Buy” and an average price target of $46.25.

Insider Activity at Valvoline

In other Valvoline news, Director Charles M. Sonsteby purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were bought at an average price of $39.50 per share, for a total transaction of $395,000.00. Following the acquisition, the director now owns 26,437 shares in the company, valued at $1,044,261.50. This represents a 60.84 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Lori Ann Flees acquired 2,500 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were acquired at an average price of $39.64 per share, with a total value of $99,100.00. Following the completion of the purchase, the chief executive officer now owns 38,428 shares in the company, valued at approximately $1,523,285.92. This trade represents a 6.96 % increase in their position. The disclosure for this purchase can be found here. 1.34% of the stock is currently owned by insiders.

Valvoline Trading Down 1.4 %

Valvoline stock opened at $38.36 on Monday. The company has a debt-to-equity ratio of 5.77, a quick ratio of 0.61 and a current ratio of 0.72. The stock has a market cap of $4.92 billion, a PE ratio of 23.68 and a beta of 1.43. The stock has a 50-day moving average of $40.64 and a two-hundred day moving average of $41.66. Valvoline Inc. has a one year low of $33.86 and a one year high of $48.26.

Valvoline Company 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.