FCA Corp TX Purchases 1,093 Shares of Chase Co. (NYSEAMERICAN:CCF)

FCA Corp TX boosted its stake in shares of Chase Co. (NYSEAMERICAN:CCF) by 3.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 36,203 shares of the construction company’s stock after acquiring an additional 1,093 shares during the quarter. Chase makes up approximately 1.4% of FCA Corp TX’s holdings, making the stock its 23rd biggest holding. FCA Corp TX owned about 0.38% of Chase worth $3,792,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC boosted its position in Chase by 28.2% during the 1st quarter. Global Retirement Partners LLC now owns 573 shares of the construction company’s stock worth $64,000 after acquiring an additional 126 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Chase by 151.4% in the 1st quarter. Citigroup Inc. now owns 636 shares of the construction company’s stock valued at $67,000 after purchasing an additional 383 shares in the last quarter. US Bancorp DE grew its position in Chase by 46.7% in the first quarter. US Bancorp DE now owns 902 shares of the construction company’s stock valued at $94,000 after acquiring an additional 287 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Chase by 57.4% during the first quarter. Tower Research Capital LLC TRC now owns 1,089 shares of the construction company’s stock worth $114,000 after buying an additional 397 shares during the last quarter. Finally, BNP Paribas Arbitrage SA grew its position in Chase by 66.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,248 shares of the construction company’s stock worth $175,000 after acquiring an additional 899 shares during the last quarter. 87.10% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Adam Chase sold 1,500 shares of the stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of $116.89, for a total value of $175,335.00. Following the completion of the transaction, the chief executive officer now directly owns 186,745 shares of the company’s stock, valued at $21,828,623.05. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 13.70% of the company’s stock.

Chase Stock Up 0.2 %

Chase stock traded up $0.19 during midday trading on Thursday, reaching $126.50. The stock had a trading volume of 66,452 shares, compared to its average volume of 52,891. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 31.99 and a beta of 0.73. Chase Co. has a 12 month low of $79.00 and a 12 month high of $135.27. The company has a debt-to-equity ratio of 0.33, a current ratio of 5.16 and a quick ratio of 3.12. The business has a 50-day moving average of $109.06.

Chase (NYSEAMERICAN:CCF) last announced its quarterly earnings data on Thursday, July 6th. The construction company reported $1.32 earnings per share (EPS) for the quarter. The firm had revenue of $106.65 million for the quarter. Chase had a return on equity of 11.94% and a net margin of 9.59%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Chase in a research note on Monday. They issued a “hold” rating for the company.

Chase Profile

Chase Corporation, a specialty chemicals company, engages in the manufacture and sale of protective materials for various applications in North America, Asia, the Middle East, Europe, and internationally. It operates through three segments: Adhesives, Sealants and Additives; Industrial Tapes; and Corrosion Protection and Waterproofing.