Ativo Capital Management LLC Trims Holdings in Chase Co. (CCF)

Ativo Capital Management LLC trimmed its position in shares of Chase Co. (NYSEMKT:CCF) by 13.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,587 shares of the construction company’s stock after selling 2,301 shares during the period. Ativo Capital Management LLC owned 0.16% of Chase worth $1,556,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Alps Advisors Inc. lifted its position in shares of Chase by 0.3% during the second quarter. Alps Advisors Inc. now owns 5,160 shares of the construction company’s stock worth $551,000 after acquiring an additional 14 shares in the last quarter. Acrospire Investment Management LLC lifted its position in shares of Chase by 4.6% during the second quarter. Acrospire Investment Management LLC now owns 1,351 shares of the construction company’s stock worth $144,000 after acquiring an additional 59 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Chase by 1.1% during the second quarter. Wells Fargo & Company MN now owns 5,938 shares of the construction company’s stock worth $634,000 after acquiring an additional 62 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Chase by 4.5% during the second quarter. Legal & General Group Plc now owns 1,726 shares of the construction company’s stock worth $184,000 after acquiring an additional 74 shares in the last quarter. Finally, Teachers Advisors LLC lifted its position in shares of Chase by 0.6% during the second quarter. Teachers Advisors LLC now owns 13,307 shares of the construction company’s stock worth $1,420,000 after acquiring an additional 80 shares in the last quarter.

Shares of Chase Co. (CCF) remained flat at $99.45 during midday trading on Wednesday. The company’s stock had a trading volume of 248 shares. Chase Co. has a 12-month low of $61.75 and a 12-month high of $116.15. The firm has a market cap of $920.71 million, a price-to-earnings ratio of 22.61 and a beta of 1.64. The company has a 50-day moving average of $96.78 and a 200 day moving average of $101.23.

Chase (NYSEMKT:CCF) last issued its earnings results on Wednesday, July 5th. The construction company reported $1.12 earnings per share for the quarter. The company had revenue of $64.90 million during the quarter. Chase had a net margin of 18.27% and a return on equity of 24.60%. On average, analysts forecast that Chase Co. will post $1.91 EPS for the current fiscal year.

In other Chase news, Director George M. Hughes sold 500 shares of the business’s 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 sale, the director now owns 1,899 shares in the company, valued at approximately $207,864.54. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 950 shares of company stock valued at $97,765 in the last ninety days.

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Separately, BidaskClub downgraded Chase from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.

About Chase

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.

Institutional Ownership by Quarter for Chase (NYSEMKT:CCF)

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