Swiss National Bank raised its position in Chase Co. (NYSEMKT:CCF) by 9.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,500 shares of the construction company’s stock after purchasing an additional 1,100 shares during the period. Swiss National Bank owned approximately 0.14% of Chase worth $1,334,000 as of its most recent filing with the SEC.
A number of other large investors have also recently modified their holdings of CCF. Neuberger Berman Group LLC increased its stake in Chase by 78.4% in the second quarter. Neuberger Berman Group LLC now owns 181,908 shares of the construction company’s stock valued at $19,410,000 after purchasing an additional 79,963 shares in the last quarter. First Trust Advisors LP increased its position in shares of Chase by 358.5% during the second quarter. First Trust Advisors LP now owns 26,618 shares of the construction company’s stock worth $2,840,000 after acquiring an additional 20,812 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Chase by 13.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 44,764 shares of the construction company’s stock worth $4,777,000 after acquiring an additional 5,178 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Chase by 41.5% during the second quarter. Acadian Asset Management LLC now owns 14,745 shares of the construction company’s stock worth $1,574,000 after acquiring an additional 4,328 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Chase during the second quarter worth $348,000.
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Shares of Chase Co. (CCF) opened at 115.50 on Thursday. The stock’s 50 day moving average is $102.54 and its 200 day moving average is $103.11. Chase Co. has a 12 month low of $61.75 and a 12 month high of $116.28. The company has a market cap of $1.07 billion, a P/E ratio of 26.26 and a beta of 1.64.
In other news, Director George M. Hughes sold 500 shares of Chase stock in a transaction on Monday, July 17th. The shares were sold at an average price of $109.46, for a total value of $54,730.00. Following the completion of the sale, the director now owns 1,899 shares in the company, valued at approximately $207,864.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 950 shares of company stock valued at $97,765 in the last quarter.
Separately, BidaskClub downgraded shares of Chase from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.
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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