Citadel Advisors LLC Acquires New Holdings in Chase Co. (CCF)

Citadel Advisors LLC bought a new position in shares of Chase Co. (NYSEAMERICAN:CCF) during the second quarter, HoldingsChannel reports. The firm bought 2,039 shares of the construction company’s stock, valued at approximately $239,000.

A number of other institutional investors have also added to or reduced their stakes in CCF. UBS Group AG lifted its holdings in Chase by 79.4% during the 1st quarter. UBS Group AG now owns 1,760 shares of the construction company’s stock worth $204,000 after buying an additional 779 shares in the last quarter. Xact Kapitalforvaltning AB acquired a new stake in Chase during the 1st quarter worth approximately $208,000. Aperio Group LLC acquired a new stake in Chase during the 2nd quarter worth approximately $529,000. Alps Advisors Inc. acquired a new stake in Chase during the 2nd quarter worth approximately $579,000. Finally, Strs Ohio lifted its holdings in Chase by 8.5% during the 2nd quarter. Strs Ohio now owns 7,700 shares of the construction company’s stock worth $902,000 after buying an additional 600 shares in the last quarter.

In other Chase news, insider Peter R. Chase sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $124.37, for a total value of $124,370.00. Following the sale, the insider now directly owns 5,693 shares of the company’s stock, valued at approximately $708,038.41. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Chairman Peter R. Chase sold 405 shares of the stock in a transaction that occurred on Monday, July 30th. The shares were sold at an average price of $124.83, for a total transaction of $50,556.15. Following the completion of the sale, the chairman now directly owns 5,693 shares in the company, valued at $710,657.19. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,473 shares of company stock worth $2,669,607.

Chase stock opened at $122.60 on Tuesday. Chase Co. has a 52-week low of $95.00 and a 52-week high of $131.70.

Chase (NYSEAMERICAN:CCF) last announced its quarterly earnings data on Thursday, July 5th. The construction company reported $1.32 EPS for the quarter. Chase had a net margin of 13.43% and a return on equity of 15.54%. The company had revenue of $78.92 million for the quarter.

About Chase

Chase Corporation manufactures and sells protective materials for various applications worldwide. It operates through two segments, Industrial Materials and Construction Materials. The Industrial Materials segment offers insulating and conducting materials to wire and cable manufacturers; laminated film foils for communication and local area network cables; moisture protective coatings for electronics industry; laminated durable papers, including laminated papers for envelope converting and commercial printing industries; pulling and detection tapes for fiber optic cables, and water and natural gas lines, as well as power, data, and video cables; cover tapes for semiconductor components; advanced adhesives, sealants, and coatings for automotive and industrial applications; polymeric microspheres; water-based polyurethane dispersions for various coating products; and composite strength elements for use in wind energy generation.

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Institutional Ownership by Quarter for Chase (NYSEAMERICAN:CCF)

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