Chase (NYSEAMERICAN:CCF) Rating Increased to B- at TheStreet

Chase (NYSEAMERICAN:CCF) was upgraded by equities research analysts at TheStreet from a “c+” rating to a “b-” rating in a research note issued on Monday, TheStreetRatingsTable reports.

Shares of NYSEAMERICAN CCF opened at $106.60 on Monday. Chase has a one year low of $80.51 and a one year high of $131.70.

Chase (NYSEAMERICAN:CCF) last announced its quarterly earnings results on Tuesday, April 9th. The construction company reported $0.77 earnings per share for the quarter. The firm had revenue of $66.63 million for the quarter.

In other news, insider Peter R. Chase sold 2,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $100.19, for a total value of $200,380.00. Following the completion of the sale, the insider now directly owns 96,605 shares of the company’s stock, valued at $9,678,854.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lewis P. Gack sold 650 shares of the stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $91.07, for a total value of $59,195.50. Following the sale, the director now directly owns 4,357 shares of the company’s stock, valued at $396,791.99. The disclosure for this sale can be found here.

Large investors have recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC boosted its stake in shares of 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 acquiring an additional 167 shares during the last quarter. Quantamental Technologies LLC acquired a new position in shares of Chase in the 1st quarter valued at about $83,000. Cresset Asset Management LLC acquired a new position in shares of Chase in the 1st quarter valued at about $126,000. Legal & General Group Plc lifted its stake in shares of Chase by 12.1% in the 4th quarter. Legal & General Group Plc now owns 1,317 shares of the construction company’s stock valued at $132,000 after purchasing an additional 142 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Chase by 75,550.0% during the 1st 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.

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 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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