Calgon Carbon Corporation (CCC) EVP Sells $44,835.00 in Stock

Calgon Carbon Corporation (NYSE:CCC) EVP James Andrew Coccagno sold 2,100 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $21.35, for a total value of $44,835.00. Following the sale, the executive vice president now owns 11,716 shares in the company, valued at approximately $250,136.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Calgon Carbon Corporation (NYSE CCC) remained flat at $$21.45 on Wednesday. The stock had a trading volume of 761,697 shares, compared to its average volume of 679,822. Calgon Carbon Corporation has a 12 month low of $12.00 and a 12 month high of $22.10. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.80 and a quick ratio of 1.68. The company has a market capitalization of $1,092.44, a P/E ratio of 50.00 and a beta of 1.20.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Tuesday, December 5th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, December 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.93%. Calgon Carbon’s dividend payout ratio (DPR) is 166.68%.

CCC has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Calgon Carbon from a “sell” rating to a “hold” rating in a research note on Wednesday, September 13th. Robert W. Baird increased their price objective on Calgon Carbon from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Friday, September 22nd. Sidoti cut Calgon Carbon from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $22.00 to $20.00 in a research report on Monday, September 25th. Janney Montgomery Scott lowered Calgon Carbon from a “neutral” rating to a “sell” rating and set a $21.50 target price on the stock. in a report on Thursday, September 21st. Finally, BidaskClub lowered Calgon Carbon from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Three research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $19.63.

Several institutional investors and hedge funds have recently modified their holdings of the company. Arizona State Retirement System increased its holdings in Calgon Carbon by 0.4% in the second quarter. Arizona State Retirement System now owns 26,439 shares of the industrial products company’s stock worth $399,000 after purchasing an additional 100 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in Calgon Carbon by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 20,700 shares of the industrial products company’s stock worth $313,000 after purchasing an additional 100 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Calgon Carbon by 0.4% in the second quarter. The Manufacturers Life Insurance Company now owns 39,264 shares of the industrial products company’s stock worth $593,000 after purchasing an additional 156 shares in the last quarter. Texas Permanent School Fund increased its holdings in Calgon Carbon by 1.1% in the second quarter. Texas Permanent School Fund now owns 37,055 shares of the industrial products company’s stock worth $560,000 after purchasing an additional 387 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its holdings in Calgon Carbon by 4.5% in the second quarter. Municipal Employees Retirement System of Michigan now owns 11,960 shares of the industrial products company’s stock worth $181,000 after purchasing an additional 510 shares in the last quarter. Institutional investors own 95.45% of the company’s stock.

WARNING: This piece of content was reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://stocknewstimes.com/2017/12/06/calgon-carbon-corporation-ccc-evp-sells-44835-00-in-stock.html.

About Calgon Carbon

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

Insider Buying and Selling by Quarter for Calgon Carbon (NYSE:CCC)

Receive News & Ratings for Calgon Carbon Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calgon Carbon Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply