Chase Co. (CCF) Stake Held by Teton Advisors Inc.
Teton Advisors Inc. maintained its position in shares of Chase Co. (NYSEMKT:CCF) during the second quarter, Holdings Channel reports. The firm owned 95,133 shares of the construction company’s stock at the end of the second quarter. Chase makes up approximately 1.0% of Teton Advisors Inc.’s portfolio, making the stock its 16th largest position. Teton Advisors Inc.’s holdings in Chase were worth $10,151,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the company. Legal & General Group Plc raised its stake in shares of Chase by 4.5% in the second quarter. Legal & General Group Plc now owns 1,726 shares of the construction company’s stock worth $184,000 after buying an additional 74 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its stake in shares of Chase by 23.7% in the second quarter. Campbell & CO Investment Adviser LLC now owns 2,977 shares of the construction company’s stock worth $318,000 after buying an additional 571 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Chase during the second quarter worth $348,000. Russell Investments Group Ltd. raised its stake in shares of Chase by 140.9% in the second quarter. Russell Investments Group Ltd. now owns 3,713 shares of the construction company’s stock worth $396,000 after buying an additional 2,172 shares during the last quarter. Finally, Alps Advisors Inc. raised its stake in shares of Chase by 0.3% in the second quarter. Alps Advisors Inc. now owns 5,160 shares of the construction company’s stock worth $551,000 after buying an additional 14 shares during the last quarter.
Shares of Chase Co. (NYSEMKT:CCF) remained flat at $97.05 during midday trading on Wednesday. 358 shares of the company were exchanged. The firm has a 50-day moving average of $104.58 and a 200 day moving average of $100.38. The company has a market capitalization of $898.49 million, a PE ratio of 22.06 and a beta of 1.64. Chase Co. has a 52-week low of $60.39 and a 52-week high of $116.15.
Chase (NYSEMKT:CCF) last announced its earnings results on Wednesday, July 5th. The construction company reported $1.12 earnings per share for the quarter. Chase had a return on equity of 24.60% and a net margin of 18.27%. The company had revenue of $64.90 million for the quarter. On average, analysts expect that Chase Co. will post $1.91 earnings per share for the current year.
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Separately, BidaskClub lowered Chase from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.
In other Chase news, Director George M. Hughes sold 500 shares of Chase stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $109.46, for a total value of $54,730.00. Following the transaction, the director now directly owns 1,899 shares in the company, valued at approximately $207,864.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 900 shares of company stock worth $94,080 over the last quarter.
Chase Company Profile
Chase Corporation is engaged in manufacturing of protective materials for reliability applications. The Company’s operating segments include industrial materials segment and construction materials segment. The Industrial Materials segment includes specified products that are used in, or integrated into, another company’s product, with demand typically dependent upon general economic conditions.
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