Fmr LLC Has $11,268,000 Stake in Orion Engineered Carbons S.A (OEC)

Fmr LLC maintained its position in shares of Orion Engineered Carbons S.A (NYSE:OEC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 564,800 shares of the specialty chemicals company’s stock at the close of the second quarter. Fmr LLC owned approximately 0.95% of Orion Engineered Carbons S.A worth $11,268,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Northern Trust Corp increased its holdings in shares of Orion Engineered Carbons S.A by 15.7% in the second quarter. Northern Trust Corp now owns 11,721 shares of the specialty chemicals company’s stock valued at $234,000 after buying an additional 1,594 shares in the last quarter. GSA Capital Partners LLP increased its holdings in shares of Orion Engineered Carbons S.A by 48.4% in the second quarter. GSA Capital Partners LLP now owns 27,489 shares of the specialty chemicals company’s stock valued at $548,000 after buying an additional 8,970 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Orion Engineered Carbons S.A by 2.0% in the second quarter. PNC Financial Services Group Inc. now owns 75,908 shares of the specialty chemicals company’s stock valued at $1,515,000 after buying an additional 1,492 shares in the last quarter. AJO LP increased its holdings in shares of Orion Engineered Carbons S.A by 3.6% in the second quarter. AJO LP now owns 268,444 shares of the specialty chemicals company’s stock valued at $5,355,000 after buying an additional 9,267 shares in the last quarter. Finally, LSV Asset Management bought a new position in shares of Orion Engineered Carbons S.A in the second quarter valued at $700,000. 37.49% of the stock is currently owned by institutional investors.

Several research analysts have issued reports on OEC shares. Goldman Sachs Group, Inc. (The) raised Orion Engineered Carbons S.A from a “neutral” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Friday, July 14th. Zacks Investment Research raised Orion Engineered Carbons S.A from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a report on Tuesday, July 11th. KeyCorp reaffirmed a “buy” rating and issued a $24.00 price target on shares of Orion Engineered Carbons S.A in a report on Wednesday, October 4th. BidaskClub cut Orion Engineered Carbons S.A from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, J P Morgan Chase & Co cut Orion Engineered Carbons S.A from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $25.00 to $23.00 in a report on Monday, August 7th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $23.00.

Orion Engineered Carbons S.A (OEC) opened at 23.70 on Monday. The stock’s 50 day moving average is $22.67 and its 200 day moving average is $20.65. Orion Engineered Carbons S.A has a 12-month low of $17.15 and a 12-month high of $24.55. The stock has a market capitalization of $1.41 billion, a PE ratio of 25.24 and a beta of 0.52.

WARNING: “Fmr LLC Has $11,268,000 Stake in Orion Engineered Carbons S.A (OEC)” was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://www.com-unik.info/2017/10/30/fmr-llc-has-11268000-stake-in-orion-engineered-carbons-s-a-oec.html.

Orion Engineered Carbons S.A Company Profile

Orion Engineered Carbons SA is a producer of carbon black. The Company operates through two segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment is engaged in the production of specialty carbon black. The Rubber Carbon Black segment is involved in the production of rubber carbon black.

Institutional Ownership by Quarter for Orion Engineered Carbons S.A (NYSE:OEC)

What are top analysts saying about Orion Engineered Carbons S.A? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Orion Engineered Carbons S.A and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit