Great West Life Assurance Co. Can cut its holdings in shares of AdvanSix Inc (NYSE:ASIX) by 7.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,992 shares of the company’s stock after selling 3,178 shares during the period. Great West Life Assurance Co. Can owned 0.14% of AdvanSix worth $1,665,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. lifted its position in AdvanSix by 27.9% during the 2nd quarter. BlackRock Inc. now owns 4,055,127 shares of the company’s stock valued at $126,680,000 after purchasing an additional 884,435 shares during the period. Vanguard Group Inc. lifted its position in AdvanSix by 16.1% during the 2nd quarter. Vanguard Group Inc. now owns 1,806,649 shares of the company’s stock valued at $56,440,000 after purchasing an additional 250,688 shares during the period. State Street Corp lifted its position in AdvanSix by 41.2% during the 2nd quarter. State Street Corp now owns 717,873 shares of the company’s stock valued at $22,427,000 after purchasing an additional 209,636 shares during the period. Northern Trust Corp lifted its position in AdvanSix by 126.4% during the 2nd quarter. Northern Trust Corp now owns 382,623 shares of the company’s stock valued at $11,953,000 after purchasing an additional 213,652 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in AdvanSix by 53.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 377,755 shares of the company’s stock valued at $11,802,000 after purchasing an additional 131,124 shares during the period. Institutional investors own 71.30% of the company’s stock.

Shares of AdvanSix Inc (ASIX) opened at $42.16 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.39 and a quick ratio of 0.93. The company has a market capitalization of $1,314.12, a PE ratio of 25.81 and a beta of 2.84. AdvanSix Inc has a 52 week low of $20.88 and a 52 week high of $46.51.

A number of brokerages have recently commented on ASIX. Zacks Investment Research cut AdvanSix from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 28th. Cowen upped their price target on AdvanSix from $40.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, October 6th. BidaskClub cut AdvanSix from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 10th. Finally, ValuEngine cut AdvanSix from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

In related news, Director Michael Marberry purchased 539 shares of the stock in a transaction dated Wednesday, November 1st. The stock was bought at an average cost of $46.41 per share, with a total value of $25,014.99. Following the purchase, the director now directly owns 16,420 shares in the company, valued at approximately $762,052.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders bought 2,366 shares of company stock valued at $99,944. 2.70% of the stock is currently owned by company insiders.

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AdvanSix Profile

AdvanSix Inc is an integrated manufacturer of Nylon 6. The Company also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process primarily, including caprolactam, ammonium sulfate fertilizers and other chemical intermediates. The Company operates primarily through its integrated manufacturing sites located in Frankford, Pennsylvania, Hopewell, Virginia, and Chesterfield, Virginia.

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Institutional Ownership by Quarter for AdvanSix (NYSE:ASIX)

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