Vanguard Personalized Indexing Management LLC Has $917,000 Holdings in Olin Co. (NYSE:OLN)

Vanguard Personalized Indexing Management LLC grew its stake in Olin Co. (NYSE:OLNFree Report) by 4.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 18,348 shares of the specialty chemicals company’s stock after acquiring an additional 850 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Olin were worth $917,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Baystate Wealth Management LLC grew its position in Olin by 154.6% during the 3rd quarter. Baystate Wealth Management LLC now owns 494 shares of the specialty chemicals company’s stock worth $25,000 after acquiring an additional 300 shares during the last quarter. Salem Investment Counselors Inc. bought a new stake in Olin during the 1st quarter worth approximately $26,000. Quarry LP grew its position in Olin by 508.6% during the 1st quarter. Quarry LP now owns 706 shares of the specialty chemicals company’s stock worth $39,000 after acquiring an additional 590 shares during the last quarter. Motco bought a new stake in Olin during the 3rd quarter worth approximately $40,000. Finally, ORG Partners LLC bought a new stake in Olin during the 3rd quarter worth approximately $44,000. 85.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Barclays increased their price target on Olin from $49.00 to $57.00 and gave the stock an “equal weight” rating in a research report on Monday, January 29th. JPMorgan Chase & Co. lowered Olin from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $75.00 to $48.00 in a research report on Monday, October 30th. Citigroup started coverage on Olin in a research report on Monday, November 13th. They set a “buy” rating and a $50.00 price target on the stock. Morgan Stanley decreased their price objective on Olin from $50.00 to $38.00 and set an “underweight” rating on the stock in a research report on Monday, October 30th. Finally, KeyCorp increased their price objective on Olin from $61.00 to $66.00 and gave the company an “overweight” rating in a research report on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $56.27.

Get Our Latest Analysis on OLN

Insider Activity

In other news, VP Valerie A. Peters sold 71,800 shares of the stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $52.52, for a total value of $3,770,936.00. Following the transaction, the vice president now owns 19,469 shares of the company’s stock, valued at approximately $1,022,511.88. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, VP Valerie A. Peters sold 71,800 shares of the firm’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $52.52, for a total transaction of $3,770,936.00. Following the sale, the vice president now owns 19,469 shares of the company’s stock, valued at approximately $1,022,511.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Scott Mcdougald Sutton sold 539,328 shares of the firm’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $53.96, for a total value of $29,102,138.88. Following the sale, the chief executive officer now directly owns 47,620 shares in the company, valued at approximately $2,569,575.20. The disclosure for this sale can be found here. Insiders have sold a total of 674,378 shares of company stock valued at $36,298,062 in the last 90 days. 1.60% of the stock is owned by company insiders.

Olin Stock Performance

OLN stock opened at $52.46 on Tuesday. The business’s fifty day moving average is $52.08 and its 200-day moving average is $50.78. The company has a quick ratio of 0.73, a current ratio of 1.29 and a debt-to-equity ratio of 1.14. The company has a market cap of $6.43 billion, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 0.28 and a beta of 1.44. Olin Co. has a twelve month low of $41.71 and a twelve month high of $63.06.

Olin Company Profile

(Free Report)

Olin Corporation manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and chlorinated organics intermediates and solvents.

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Institutional Ownership by Quarter for Olin (NYSE:OLN)

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