Fmr LLC Sells 60,756 Shares of Chase Co. (NYSEAMERICAN:CCF)

FMR LLC trimmed its stake in shares of Chase Co. (NYSEAMERICAN:CCF) by 5.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,035,220 shares of the construction company’s stock after selling 60,756 shares during the period. FMR LLC owned approximately 11.00% of Chase worth $95,799,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC grew its position in Chase by 44.8% during the first quarter. Flagship Harbor Advisors LLC now owns 540 shares of the construction company’s stock valued at $50,000 after buying an additional 167 shares during the period. Quantamental Technologies LLC bought a new stake in Chase during the first quarter valued at approximately $83,000. Legal & General Group Plc grew its position in Chase by 12.1% during the fourth quarter. Legal & General Group Plc now owns 1,317 shares of the construction company’s stock valued at $132,000 after buying an additional 142 shares during the period. BNP Paribas Arbitrage SA grew its position in Chase by 75,550.0% during the first quarter. BNP Paribas Arbitrage SA now owns 1,513 shares of the construction company’s stock valued at $140,000 after buying an additional 1,511 shares during the period. Finally, Citigroup Inc. grew its position in Chase by 17.6% during the fourth quarter. Citigroup Inc. now owns 2,181 shares of the construction company’s stock valued at $218,000 after buying an additional 326 shares during the period.

Shares of CCF traded down $0.08 during mid-day trading on Friday, reaching $100.47. The stock had a trading volume of 11,702 shares, compared to its average volume of 28,388. Chase Co. has a 12 month low of $80.51 and a 12 month high of $131.70.

In related news, insider Peter R. Chase sold 600 shares of the company’s stock in a transaction on Tuesday, July 2nd. The shares were sold at an average price of $108.34, for a total transaction of $65,004.00. Following the completion of the transaction, the insider now owns 95,605 shares in the company, valued at $10,357,845.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Peter R. Chase sold 2,000 shares of the company’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $100.19, for a total transaction of $200,380.00. Following the transaction, the insider now owns 96,605 shares of the company’s stock, valued at approximately $9,678,854.95. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,600 shares of company stock valued at $485,889.

Separately, TheStreet lowered shares of Worthington Industries from a “b-” rating to a “c+” rating in a research report on Monday, June 10th.

Chase Profile

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 use in communication and local area network cables; moisture protective coatings for the 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 superabsorbent polymers.

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Institutional Ownership by Quarter for Chase (NYSEAMERICAN:CCF)

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