Everett Harris & Co. CA Buys 37,445 Shares of Valvoline Inc. (NYSE:VVV)
From MarketBeat:
In recent news, investment firm Everett Harris & Co. CA increased its stake in Valvoline Inc. by 65.8% during the third quarter. They now own roughly 0.07% of the company, worth $3,043,000. Wasatch Advisors LP, State Street Corp, Glenview Capital Management LLC, D1 Capital Partners L.P., and Geode Capital Management LLC have also grown their stakes in Valvoline. Insider activity includes a $310,590 stock sale by Julie Marie O’daniel on November 29th. The stock, which trades on the NYSE under VVV, was valued at $37.58. The company has a market capitalization of $4.89 billion and recently reported a $0.39 EPS, missing the consensus estimate of $0.41 by ($0.02).
Additionally, insider Robert Travis Dobbins also made a stock sale of $68,980. Over the last 90 days, insiders have sold 12,002 shares of company stock, valued at $414,640. Institutional investors and hedge funds hold 92.03% of the company’s stock. Valvoline Inc. engages in vehicle services in the US and Canada, including fluid exchanges and safety services. The company has a 52-week low of $29.15 and a 52-week high of $39.67. Valvoline is expected to post 1.6 earnings per share for the current year, with a net margin of 98.10% and return on equity of 35.59%. As of now, the company has a “Hold” rating from top-rated analysts.
Read more: Everett Harris & Co. CA Buys 37,445 Shares of Valvoline Inc. (NYSE:VVV)