Janney Montgomery Scott LLC Has $4.32 Million Holdings in Chase Co. (NYSEAMERICAN:CCF)
Janney Montgomery Scott LLC lifted its stake in shares of Chase Co. (NYSEAMERICAN:CCF) by 7.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,969 shares of the construction company’s stock after purchasing an additional 2,425 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Chase were worth $4,322,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Strs Ohio raised 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 during the period. Alps Advisors Inc. bought a new stake in shares of Chase in the 2nd quarter valued at approximately $579,000. Palo Capital Inc. bought a new stake in shares of Chase in the 3rd quarter valued at approximately $1,597,000. Aperio Group LLC bought a new stake in shares of Chase in the 2nd quarter valued at approximately $529,000. Finally, Citadel Advisors LLC bought a new stake in shares of Chase in the 2nd quarter valued at approximately $239,000.
CCF traded down $5.28 on Friday, hitting $100.45. The company had a trading volume of 19,009 shares, compared to its average volume of 18,496. Chase Co. has a 1-year low of $95.00 and a 1-year high of $131.70.
The firm also recently declared an annual dividend, which was paid on Wednesday, December 5th. Stockholders of record on Friday, November 23rd were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Wednesday, November 21st. This represents a dividend yield of 0.75%.
In other news, insider Peter R. Chase sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 11th. The stock was sold at an average price of $124.37, for a total transaction of $124,370.00. Following the completion of the transaction, the insider now directly owns 5,693 shares in the company, valued at $708,038.41. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
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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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