Chase Co. (NYSEMKT:CCF) was upgraded by investment analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Shares of Chase (NYSEMKT CCF) opened at 104.20 on Tuesday. Chase has a 1-year low of $61.75 and a 1-year high of $116.15. The company has a market capitalization of $964.68 million, a price-to-earnings ratio of 23.69 and a beta of 1.64. The stock’s 50 day moving average price is $96.78 and its 200 day moving average price is $101.23.

Chase (NYSEMKT:CCF) last posted its quarterly earnings data on Wednesday, July 5th. The construction company reported $1.12 earnings per share for the quarter. Chase had a net margin of 18.27% and a return on equity of 24.60%. The firm had revenue of $64.90 million during the quarter. Analysts expect that Chase will post $1.91 EPS for the current year.

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In other Chase news, Director George M. Hughes sold 500 shares of the company’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $109.46, for a total transaction of $54,730.00. Following the completion of the sale, the director now owns 1,899 shares in the company, valued at approximately $207,864.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 950 shares of company stock valued at $97,765 in the last quarter.

Several institutional investors have recently modified their holdings of CCF. Russell Investments Group Ltd. raised its position in shares of Chase by 140.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,713 shares of the construction company’s stock valued at $396,000 after acquiring an additional 2,172 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of Chase by 41.5% during the 2nd quarter. Acadian Asset Management LLC now owns 14,745 shares of the construction company’s stock valued at $1,574,000 after acquiring an additional 4,328 shares during the last quarter. Campbell & CO Investment Adviser LLC raised its position in shares of Chase by 23.7% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 2,977 shares of the construction company’s stock valued at $318,000 after acquiring an additional 571 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Chase by 13.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 44,764 shares of the construction company’s stock valued at $4,777,000 after acquiring an additional 5,178 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Chase by 358.5% during the 2nd quarter. First Trust Advisors LP now owns 26,618 shares of the construction company’s stock valued at $2,840,000 after acquiring an additional 20,812 shares during the last quarter.

About Chase

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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