Nisa Investment Advisors LLC Reduces Holding in Valvoline Inc. (NYSE:VVV)

Financial Advisors

On April 25, 2023, Nisa Investment Advisors LLC announced the reduction of its stake in Valvoline Inc. (NYSE:VVV). Nisa Investment Advisors LLC sold 3,568 of his shares in the fourth quarter, reducing his ownership by 3.5%, according to the company’s latest 13F filings with the Securities and Exchange Commission. The investment firm now owns approximately 0.06% of his Valvoline worth $3,254,000.

Valvoline is a leading manufacturer, marketer and supplier of engine and automotive maintenance products and services. The Company operates through its retail services segment serving the passenger car and light truck quick lube market primarily in the United States and Canada by providing preventive maintenance services through independent franchise care stores under its brand name. increase.

On April 25, Valvoline’s stock opened at $34.39, with a 50-day simple moving average of $34.62 and a 200-day simple moving average of $32.89. Over the past year, Valvoline stock has traded between a low of $24.40 and a high of $37.33.

As of December 31, 2022, Valvoline has a current ratio of 1.84 with a quick ratio of 1.81, a debt-to-equity ratio of 5.72, and a market capitalization of $5.91 billion.

While it may seem dreary news to an outsider unfamiliar with the intricacies of financial management and the stock market, this information has been revealed to investors after entering into an agreement to own non-voting common stock of Valvoline Inc. important for investors who track , to profit when distributed, as well as potential liquidity on public exchanges with varying minimum requirements or other listed criteria, depending on location jurisdiction from country code region clearance represents participating in partial ownership.

Investor and analyst report analyzes recent activity within Valvoline Inc

Valvoline Inc: Insights into Recent Investor Activity and Analyst Reports

Valvoline Inc, a leader in engine and automotive maintenance products and services, continues to attract attention from leading investors and research analysts amid recent market volatility. Several key investors have increased or decreased their shares in the company, according to a report released on April 25. Ronald Blue Trust Inc, Wipfli Financial Advisors LLC, DekaBank Deutsche Girozentrale, Geneos Wealth Management Inc. and Whittier Trust Co all adjusted their holdings within Valvoline in various quarters of the year.

Of these organizations, Ronald Blue Trust, Inc. increased its holdings by 63.4%. Similarly, Genos Wealth Management quarterly share additions increased 147.1%. Due to the combined effect of institutional investor activity, ownership increases by his 90.20% of available shares.

Alongside institutional investors, several research analyst commentaries on VVV stocks have been published. JPMorgan Chase & Co. said he raised its expected price target on the stock to $41 from $36, giving it an “overweight” valuation. Royal Bank of Canada raised Valvoline’s performance rating from Hold to Outperform and set a new price target of $40 per share.

However, not all reports contain positive news for Valvoline. Media reports say has downgraded Valvoline’s rating from ‘buy’ to ‘neutral’ rather than ‘sell’, and has set a fixed target price of $37 to begin coverage of the company. Did.

Valvoline Chief Executive Officer Sam Mitchell announced earlier this year that he will further enhance shareholder value through operational efficiencies focused on cost-reduction mechanisms to meet the expectations of demand in today’s dynamic market, and on business growth strategic initiatives. I addressed several important topics in the earnings call held at

The company’s first quarter 2023 EPS was $0.06 below market expectations, according to a recent financial report. This is the negative impact of recording his $332.8 million earnings, which are lower than expected ($334.31 million). However, first quarter results in particular highlight increased growth in Valvoline’s retail services segment, which services light trucks and passenger cars through regularly maintained franchised stores in Canada and the United States.

Overall, a recent assessment report highlighting the external pressures facing many companies across the country amid economic uncertainty found that in light of these conditions, institutional investors were keen to support Valvoline’s growth initiatives and operations. It is particularly noteworthy that we continue to invest in stocks embedded in our strategy. In maintaining investor confidence, for a company like Valvoline, maintaining investor confidence remains a top priority for all metrics invested in a company’s success.

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