AGF Investments Inc. Decreases Position in AdvanSix Inc (ASIX)

AGF Investments Inc. reduced its stake in shares of AdvanSix Inc (NYSE:ASIX) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 68,337 shares of the company’s stock after selling 1,345 shares during the quarter. AGF Investments Inc. owned approximately 0.22% of AdvanSix worth $2,875,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Macquarie Group Ltd. acquired a new stake in shares of AdvanSix during the third quarter worth approximately $123,000. Spirit of America Management Corp NY raised its position in AdvanSix by 1,693.5% during the fourth quarter. Spirit of America Management Corp NY now owns 4,448 shares of the company’s stock valued at $187,000 after acquiring an additional 4,200 shares in the last quarter. Stifel Financial Corp bought a new position in AdvanSix during the third quarter valued at approximately $212,000. Commonwealth Equity Services Inc bought a new position in AdvanSix during the third quarter valued at approximately $236,000. Finally, Flagship Harbor Advisors LLC bought a new position in AdvanSix during the third quarter valued at approximately $240,000. Institutional investors and hedge funds own 71.49% of the company’s stock.

Several brokerages recently weighed in on ASIX. BidaskClub lowered shares of AdvanSix from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 10th. ValuEngine lowered shares of AdvanSix from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research raised shares of AdvanSix from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd.

AdvanSix Inc (NYSE ASIX) opened at $38.40 on Friday. The firm has a market cap of $1,144.64, a P/E ratio of 22.49 and a beta of 0.86. The company has a current ratio of 1.39, a quick ratio of 0.93 and a debt-to-equity ratio of 0.84. AdvanSix Inc has a 52-week low of $24.72 and a 52-week high of $46.51.

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AdvanSix Company Profile

AdvanSix Inc is an integrated manufacturer of Nylon 6. The Company also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process primarily, including caprolactam, ammonium sulfate fertilizers and other chemical intermediates. The Company operates primarily through its integrated manufacturing sites located in Frankford, Pennsylvania, Hopewell, Virginia, and Chesterfield, Virginia.

Institutional Ownership by Quarter for AdvanSix (NYSE:ASIX)

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