Cerity Partners LLC Has $1.23 Million Stock Position in Valvoline Inc. (NYSE:VVV)

Cerity Partners LLC lifted its position in Valvoline Inc. (NYSE:VVV) by 9.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,498 shares of the basic materials company’s stock after buying an additional 2,482 shares during the quarter. Cerity Partners LLC’s holdings in Valvoline were worth $1,234,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of VVV. UMB Bank n.a. boosted its holdings in shares of Valvoline by 92.1% during the 3rd quarter. UMB Bank n.a. now owns 630 shares of the basic materials company’s stock worth $26,000 after buying an additional 302 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Valvoline by 57.9% during the 2nd quarter. Blue Trust Inc. now owns 728 shares of the basic materials company’s stock worth $32,000 after buying an additional 267 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Valvoline during the 2nd quarter worth approximately $34,000. Mather Group LLC. boosted its holdings in shares of Valvoline by 1,617.0% during the 2nd quarter. Mather Group LLC. now owns 807 shares of the basic materials company’s stock worth $36,000 after buying an additional 760 shares in the last quarter. Finally, Prospera Private Wealth LLC bought a new position in shares of Valvoline during the 3rd quarter worth approximately $41,000. 96.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Wells Fargo & Company cut their target price on Valvoline from $46.00 to $44.00 and set an “overweight” rating on the stock in a report on Wednesday, November 20th. Mizuho cut their target price on Valvoline from $50.00 to $46.00 and set an “outperform” rating on the stock in a report on Wednesday, November 20th. Morgan Stanley cut their target price on Valvoline from $46.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, November 20th. Robert W. Baird lowered their price target on Valvoline from $48.00 to $46.00 and set an “outperform” rating for the company in a research report on Wednesday, November 20th. Finally, Baird R W raised Valvoline to a “strong-buy” rating in a research report on Thursday, August 15th. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Valvoline presently has a consensus rating of “Buy” and an average target price of $46.25.

Insider Activity

In other news, Director Charles M. Sonsteby acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average price of $39.50 per share, with a total value of $395,000.00. Following the acquisition, the director now owns 26,437 shares in the company, valued at $1,044,261.50. The trade was a 60.84 % increase in their position. The acquisition was disclosed in a document filed 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 that occurred on Wednesday, November 27th. The stock was purchased at an average cost of $39.64 per share, with a total value of $99,100.00. Following the acquisition, 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 disclosure for this purchase can be found here. Insiders own 1.34% of the company’s stock.

Valvoline Trading Down 0.7 %

Shares of Valvoline stock opened at $39.15 on Wednesday. Valvoline Inc. has a 1 year low of $33.86 and a 1 year high of $48.26. The firm has a market cap of $5.03 billion, a PE ratio of 24.17 and a beta of 1.43. The stock has a fifty day moving average price of $41.09 and a 200-day moving average price of $41.76. The company has a debt-to-equity ratio of 5.77, a current ratio of 0.72 and a quick ratio of 0.61.

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.