Chase Co. (CCF) Holdings Cut by WBI Investments Inc.

WBI Investments Inc. lessened its position in Chase Co. (NYSEMKT:CCF) by 29.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,231 shares of the construction company’s stock after selling 2,657 shares during the quarter. WBI Investments Inc. owned 0.07% of Chase worth $665,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legal & General Group Plc increased its stake in Chase by 4.5% in the second quarter. Legal & General Group Plc now owns 1,726 shares of the construction company’s stock valued at $184,000 after acquiring an additional 74 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Chase by 17.5% during the second quarter. Victory Capital Management Inc. now owns 1,863 shares of the construction company’s stock valued at $199,000 after buying an additional 278 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its stake in shares of Chase by 23.7% during the second quarter. Campbell & CO Investment Adviser LLC now owns 2,977 shares of the construction company’s stock valued at $318,000 after buying an additional 571 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Chase during the second quarter valued at about $348,000. Finally, Russell Investments Group Ltd. grew its stake in shares of Chase by 140.9% during the second quarter. Russell Investments Group Ltd. now owns 3,713 shares of the construction company’s stock valued at $396,000 after buying an additional 2,172 shares during the last quarter.

In related news, Director George M. Hughes sold 500 shares of the firm’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 sale, the director now owns 1,899 shares in the company, valued at $207,864.54. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 950 shares of company stock worth $97,765.

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Separately, BidaskClub upgraded shares of Chase from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th.

Shares of Chase Co. (CCF) opened at 102.85 on Friday. Chase Co. has a 12-month low of $61.75 and a 12-month high of $116.15. The stock has a market capitalization of $952.19 million, a price-to-earnings ratio of 23.38 and a beta of 1.64. The stock’s 50 day moving average is $96.78 and its 200-day moving average is $101.23.

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

Chase 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.

Institutional Ownership by Quarter for Chase (NYSEMKT:CCF)

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