Neuberger Berman Group LLC Acquires 56,845 Shares of Chase Co. (NYSEAMERICAN:CCF)

Neuberger Berman Group LLC raised its holdings in Chase Co. (NYSEAMERICAN:CCF) by 8.9% during the first quarter, HoldingsChannel.com reports. The firm owned 695,799 shares of the construction company’s stock after buying an additional 56,845 shares during the period. Neuberger Berman Group LLC owned about 0.07% of Chase worth $64,389,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Advisors LLC purchased a new stake in shares of Chase in the first quarter valued at about $515,000. Roubaix Capital LLC purchased a new stake in shares of Chase in the first quarter valued at about $1,028,000. First Trust Advisors LP boosted its holdings in shares of Chase by 137.3% in the fourth quarter. First Trust Advisors LP now owns 12,565 shares of the construction company’s stock valued at $1,257,000 after acquiring an additional 7,271 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Chase by 46.2% in the fourth quarter. Rhumbline Advisers now owns 10,508 shares of the construction company’s stock valued at $1,051,000 after acquiring an additional 3,319 shares in the last quarter. Finally, Choate Investment Advisors boosted its holdings in shares of Chase by 36.8% in the first quarter. Choate Investment Advisors now owns 302,383 shares of the construction company’s stock valued at $27,983,000 after acquiring an additional 81,392 shares in the last quarter.

In related news, insider Peter R. Chase sold 2,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $100.19, for a total transaction of $200,380.00. Following the sale, the insider now owns 96,605 shares of the company’s stock, valued at $9,678,854.95. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lewis P. Gack sold 650 shares of the business’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $91.07, for a total transaction of $59,195.50. Following the sale, the director now directly owns 4,357 shares in the company, valued at approximately $396,791.99. The disclosure for this sale can be found here.

Separately, TheStreet raised shares of Chase from a “c+” rating to a “b-” rating in a report on Monday.

CCF stock traded down $0.22 during trading on Wednesday, reaching $106.38. 948 shares of the company were exchanged, compared to its average volume of 26,255. Chase Co. has a 52-week low of $80.51 and a 52-week high of $131.70.

Chase (NYSEAMERICAN:CCF) last released its quarterly earnings data on Tuesday, April 9th. The construction company reported $0.77 EPS for the quarter. The company had revenue of $66.63 million for the quarter.

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Chase Company 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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