Globeflex Capital L P cut its stake in Orion Engineered Carbons SA (NYSE:OEC) by 18.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,979 shares of the specialty chemicals company’s stock after selling 15,475 shares during the period. Globeflex Capital L P’s holdings in Orion Engineered Carbons were worth $1,766,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Zions Bancorporation purchased a new position in shares of Orion Engineered Carbons during the third quarter valued at approximately $113,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Orion Engineered Carbons during the third quarter valued at approximately $276,000. OxFORD Asset Management LLP lifted its holdings in shares of Orion Engineered Carbons by 27.5% during the third quarter. OxFORD Asset Management LLP now owns 135,271 shares of the specialty chemicals company’s stock valued at $3,003,000 after purchasing an additional 29,136 shares during the last quarter. Boston Partners raised its holdings in Orion Engineered Carbons by 566.9% in the 3rd quarter. Boston Partners now owns 310,735 shares of the specialty chemicals company’s stock worth $6,976,000 after acquiring an additional 264,141 shares during the last quarter. Finally, Rovida Advisors Inc. raised its holdings in Orion Engineered Carbons by 25.1% in the 4th quarter. Rovida Advisors Inc. now owns 3,515,059 shares of the specialty chemicals company’s stock worth $89,986,000 after acquiring an additional 705,059 shares during the last quarter. Institutional investors and hedge funds own 68.24% of the company’s stock.
Orion Engineered Carbons SA (OEC) opened at $27.55 on Thursday. Orion Engineered Carbons SA has a 1-year low of $17.15 and a 1-year high of $30.25. The firm has a market cap of $1,630.00, a P/E ratio of 22.96 and a beta of 0.68. The company has a debt-to-equity ratio of 6.82, a current ratio of 1.83 and a quick ratio of 1.27.
Orion Engineered Carbons Profile
Orion Engineered Carbons SA is a producer of carbon black. The Company operates through two segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment is engaged in the production of specialty carbon black. The Rubber Carbon Black segment is involved in the production of rubber carbon black.
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