Strs Ohio Increases Holdings in Chase Co. (CCF)
Strs Ohio boosted its holdings in shares of Chase Co. (NYSEAMERICAN:CCF) by 8.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,700 shares of the construction company’s stock after acquiring an additional 600 shares during the period. Strs Ohio owned about 0.08% of Chase worth $902,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. UBS Group AG raised its position in Chase by 79.4% during the first quarter. UBS Group AG now owns 1,760 shares of the construction company’s stock worth $204,000 after acquiring an additional 779 shares during the last quarter. Xact Kapitalforvaltning AB acquired a new position in shares of Chase in the first quarter valued at approximately $208,000. Aperio Group LLC acquired a new position in shares of Chase in the second quarter valued at approximately $529,000. Alps Advisors Inc. acquired a new position in shares of Chase in the second quarter valued at approximately $579,000. Finally, Thomson Horstmann & Bryant Inc. raised its position in shares of Chase by 8.5% in the first quarter. Thomson Horstmann & Bryant Inc. now owns 8,514 shares of the construction company’s stock valued at $991,000 after buying an additional 668 shares during the last quarter.
In related news, Chairman Peter R. Chase sold 500 shares of the company’s stock in a transaction that occurred on Monday, June 4th. The shares were sold at an average price of $121.80, for a total transaction of $60,900.00. Following the completion of the transaction, the chairman now owns 5,693 shares of the company’s stock, valued at $693,407.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Peter R. Chase sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 13th. The stock was sold at an average price of $122.90, for a total transaction of $122,900.00. Following the transaction, the insider now directly owns 5,693 shares of the company’s stock, valued at approximately $699,669.70. The disclosure for this sale can be found here. Insiders have sold 20,723 shares of company stock valued at $2,574,287 in the last ninety days.
Chase (NYSEAMERICAN:CCF) last issued its quarterly earnings results on Thursday, July 5th. The construction company reported $1.32 EPS for the quarter. Chase had a net margin of 13.43% and a return on equity of 15.54%. The firm had revenue of $78.92 million during the quarter.
Chase Corporation manufactures and sells protective materials for various applications worldwide. It operates through two segments, Industrial Materials and Construction Materials. The Industrial Materials segment offers insulating and conducting materials to wire and cable manufacturers; laminated film foils for communication and local area network cables; moisture protective coatings for electronics industry; laminated durable papers, including laminated papers for envelope converting and commercial printing industries; pulling and detection tapes for fiber optic cables, and water and natural gas lines, as well as power, data, and video cables; cover tapes for semiconductor components; advanced adhesives, sealants, and coatings for automotive and industrial applications; polymeric microspheres; water-based polyurethane dispersions for various coating products; and composite strength elements for use in wind energy generation.
See Also: Trading Strategy Examples and Plans
Receive News & Ratings for Chase Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chase and related companies with MarketBeat.com's FREE daily email newsletter.