Royce & Associates LP raised its stake in Chase Co. (NYSEAMERICAN:CCF) by 1.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 267,090 shares of the construction company’s stock after buying an additional 3,409 shares during the period. Royce & Associates LP owned about 2.85% of Chase worth $29,754,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of CCF. Acrospire Investment Management LLC boosted its stake in shares of Chase by 4.6% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,351 shares of the construction company’s stock valued at $144,000 after purchasing an additional 59 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Chase by 4.5% in the 2nd quarter. Legal & General Group Plc now owns 1,726 shares of the construction company’s stock valued at $184,000 after purchasing an additional 74 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Chase by 17.5% in the 2nd quarter. Victory Capital Management Inc. now owns 1,863 shares of the construction company’s stock valued at $199,000 after purchasing an additional 278 shares in the last quarter. UBS Asset Management Americas Inc. purchased a new stake in shares of Chase in the 2nd quarter valued at $221,000. Finally, Citadel Advisors LLC boosted its stake in shares of Chase by 11.1% in the 2nd quarter. Citadel Advisors LLC now owns 2,447 shares of the construction company’s stock valued at $261,000 after purchasing an additional 245 shares in the last quarter.
In other Chase news, Director Everett Chadwick, Jr. sold 250 shares of the stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $121.00, for a total transaction of $30,250.00. Following the completion of the sale, the director now owns 1,397 shares of the company’s stock, valued at approximately $169,037. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
The company also recently declared an annual dividend, which was paid on Wednesday, December 6th. Shareholders of record on Thursday, November 9th were given a dividend of $0.80 per share. The ex-dividend date was Wednesday, November 8th. This represents a yield of 0.67%. This is a boost from Chase’s previous annual dividend of $0.70. Chase’s dividend payout ratio is presently 18.02%.
Separately, BidaskClub raised shares of Chase from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th.
Chase Company 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.
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