Chase Co. (NYSEAMERICAN:CCF) Shares Sold by Raymond James & Associates

Raymond James & Associates lessened its stake in Chase Co. (NYSEAMERICAN:CCF – Get Rating) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 51,162 shares of the construction company’s stock after selling 872 shares during the period. Raymond James & Associates owned 0.54% of Chase worth $4,413,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC increased its position in Chase by 67.5% in the 3rd quarter. Barclays PLC now owns 635 shares of the construction company’s stock valued at $53,000 after acquiring an additional 256 shares during the period. Quantbot Technologies LP purchased a new stake in Chase in the 3rd quarter valued at approximately $59,000. Great West Life Assurance Co. Can purchased a new stake in Chase in the 3rd quarter valued at approximately $153,000. BNP Paribas Arbitrage SA boosted its holdings in Chase by 66.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,248 shares of the construction company’s stock valued at $175,000 after purchasing an additional 899 shares in the last quarter. Finally, Dupont Capital Management Corp purchased a new stake in Chase in the 4th quarter valued at approximately $203,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Chase Price Performance

Shares of NYSEAMERICAN:CCF opened at $120.15 on Wednesday. The business’s 50 day simple moving average is $99.00 and its 200-day simple moving average is $93.59. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 27.88 and a beta of 0.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 4.82 and a quick ratio of 2.77. Chase Co. has a 12 month low of $74.36 and a 12 month high of $121.25.

Chase (NYSEAMERICAN:CCF – Get Rating) last announced its quarterly earnings results on Thursday, April 6th. The construction company reported $0.98 EPS for the quarter. The business had revenue of $94.28 million for the quarter. Chase had a return on equity of 12.88% and a net margin of 10.98%.

Analysts Set New Price Targets

CCF has been the topic of a number of analyst reports. TheStreet raised Chase from a “c+” rating to a “b-” rating in a report on Friday, March 3rd. StockNews.com initiated coverage on Chase in a report on Thursday, May 18th. They issued a “hold” rating on the stock.

Insider Activity at Chase

In related news, CEO Adam Chase sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $109.63, for a total value of $164,445.00. Following the sale, the chief executive officer now owns 189,745 shares of the company’s stock, valued at approximately $20,801,744.35. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 4,500 shares of company stock valued at $467,220. 13.70% of the stock is owned by corporate insiders.

Chase Company Profile

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Chase Corp. operates as a chemical company, which manufactures materials for high-reliability applications. It operates through the following segments: Adhesives, Sealants and Additives, Industrial Tapes, and Corrosion Protection and Waterproofing. The Adhesives, Sealants, and Additives segment offers innovative and specialized product offerings consisting of both end-use products and intermediates that are used in or integrated into another company’s products.