Hantz Financial Services Inc. Sells 6,806 Shares of Valvoline Inc. (NYSE:VVV)

Hantz Financial Services Inc. reduced its stake in shares of Valvoline Inc. (NYSE:VVV) by 2.9% in the third quarter, HoldingsChannel.com reports. The firm owned 224,073 shares of the basic materials company’s stock after selling 6,806 shares during the period. Hantz Financial Services Inc.’s holdings in Valvoline were worth $9,377,000 as of its most recent SEC filing.

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

Insider Transactions at Valvoline

In other news, Director Charles M. Sonsteby purchased 10,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were purchased at an average price of $39.50 per share, with a total value of $395,000.00. Following the completion of the acquisition, the director now owns 26,437 shares in the company, valued at $1,044,261.50. This trade represents a 60.84 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.34% of the company’s stock.

Valvoline Trading Down 1.0 %

NYSE:VVV opened at $39.71 on Friday. Valvoline Inc. has a 1 year low of $33.86 and a 1 year high of $48.26. The stock’s fifty day moving average price is $41.18 and its two-hundred day moving average price is $41.81. The company has a debt-to-equity ratio of 5.77, a current ratio of 0.72 and a quick ratio of 0.61. The company has a market cap of $5.10 billion, a P/E ratio of 24.51 and a beta of 1.46.

Analysts Set New Price Targets

A number of research analysts recently weighed in on VVV shares. Wells Fargo & Company dropped their price target on shares of Valvoline from $46.00 to $44.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. Royal Bank of Canada dropped their target price on shares of Valvoline from $52.00 to $46.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 20th. Mizuho reduced their target price on Valvoline from $50.00 to $46.00 and set an “outperform” rating for the company in a report on Wednesday, November 20th. Baird R W upgraded Valvoline to a “strong-buy” rating in a report on Thursday, August 15th. Finally, Stephens began coverage on Valvoline in a research report on Tuesday, October 15th. They issued an “overweight” rating and a $49.00 price objective on the stock. One research analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $46.25.

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.