Parametric Portfolio Associates LLC decreased its stake in Calgon Carbon Corporation (NYSE:CCC) by 75.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,210 shares of the industrial products company’s stock after selling 265,067 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.17% of Calgon Carbon Corporation worth $1,272,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. State of Alaska Department of Revenue grew its stake in shares of Calgon Carbon Corporation by 79.3% in the second quarter. State of Alaska Department of Revenue now owns 10,023 shares of the industrial products company’s stock worth $151,000 after acquiring an additional 4,433 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its stake in shares of Calgon Carbon Corporation by 4.5% in the second quarter. Municipal Employees Retirement System of Michigan now owns 11,960 shares of the industrial products company’s stock worth $181,000 after acquiring an additional 510 shares during the last quarter. Eqis Capital Management Inc. boosted its stake in Calgon Carbon Corporation by 11.4% during the second quarter. Eqis Capital Management Inc. now owns 13,195 shares of the industrial products company’s stock worth $199,000 after buying an additional 1,349 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in Calgon Carbon Corporation by 58.8% during the second quarter. BNP Paribas Arbitrage SA now owns 18,084 shares of the industrial products company’s stock worth $273,000 after buying an additional 6,694 shares in the last quarter. Finally, Systematic Financial Management LP boosted its stake in Calgon Carbon Corporation by 311.8% during the second quarter. Systematic Financial Management LP now owns 19,250 shares of the industrial products company’s stock worth $291,000 after buying an additional 14,575 shares in the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

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Shares of Calgon Carbon Corporation (NYSE CCC) opened at $21.35 on Thursday. Calgon Carbon Corporation has a 52 week low of $12.00 and a 52 week high of $22.10. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.68 and a current ratio of 2.80. The firm has a market cap of $1,084.81, a price-to-earnings ratio of 49.65 and a beta of 1.20.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, December 5th will be issued a dividend of $0.05 per share. The ex-dividend date is Monday, December 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.94%. Calgon Carbon Corporation’s payout ratio is presently 166.68%.

A number of equities research analysts have weighed in on the stock. Robert W. Baird downgraded shares of Calgon Carbon Corporation from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 26th. Zacks Investment Research downgraded shares of Calgon Carbon Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. BidaskClub downgraded shares of Calgon Carbon Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Janney Montgomery Scott downgraded shares of Calgon Carbon Corporation from a “neutral” rating to a “sell” rating and set a $21.50 price target on the stock. in a research note on Thursday, September 21st. Finally, Sidoti downgraded shares of Calgon Carbon Corporation from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $22.00 to $20.00 in a research note on Monday, September 25th. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $19.63.

About Calgon Carbon Corporation

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

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Institutional Ownership by Quarter for Calgon Carbon Corporation (NYSE:CCC)

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