Valvoline Inc. (NYSE:VVV – Get Rating) CAO Michael S. Ryan sold 900 shares of the stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $32.73, for a total transaction of $29,457.00. Following the completion of the sale, the chief accounting officer now owns 8,258 shares of the company’s stock, valued at approximately $270,284.34. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Valvoline Trading Down 0.2 %
NYSE:VVV traded down $0.07 on Thursday, hitting $32.74. The stock had a trading volume of 1,725,396 shares, compared to its average volume of 1,885,460. The company has a fifty day moving average price of $28.44 and a two-hundred day moving average price of $29.57. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 13.87 and a beta of 1.36. The company has a quick ratio of 1.73, a current ratio of 1.76 and a debt-to-equity ratio of 4.97. Valvoline Inc. has a 1-year low of $24.40 and a 1-year high of $37.97.
Valvoline Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Friday, December 2nd will be paid a dividend of $0.125 per share. The ex-dividend date is Thursday, December 1st. This represents a $0.50 annualized dividend and a yield of 1.53%. Valvoline’s dividend payout ratio (DPR) is 21.19%.
Hedge Funds Weigh In On Valvoline
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on VVV shares. StockNews.com cut Valvoline from a “buy” rating to a “hold” rating in a report on Wednesday, November 16th. Citigroup raised their target price on Valvoline from $35.00 to $39.00 in a research note on Wednesday, November 16th.
Valvoline Company Profile
Valvoline Inc manufactures, markets, and supplies, engine and automotive maintenance products and services. It operates through two segments, Retail Services and Global Products. The company offers lubricants for passenger car, light duty, and heavy duty; antifreeze/coolants for original equipment manufacturers; functional and maintenance chemicals, such as brake fluids and power steering fluids, as well as specialty coatings for automotive and industrial applications; and oil and air filters for light-duty vehicles.
- Get a free copy of the StockNews.com research report on Valvoline (VVV)
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