Rhumbline Advisers boosted its position in Chemours Company (The) (NYSE:CC) by 6.7% during the third quarter, Holdings Channel reports. The institutional investor owned 257,126 shares of the company’s stock after buying an additional 16,175 shares during the period. Rhumbline Advisers owned about 0.14% of Chemours Company (The) worth $4,114,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Advisor Partners LLC increased its stake in Chemours Company (The) by 5.0% in the second quarter. Advisor Partners LLC now owns 12,156 shares of the company’s stock worth $100,000 after buying an additional 580 shares in the last quarter. Seaward Management Limited Partnership increased its stake in Chemours Company (The) by 16.3% in the second quarter. Seaward Management Limited Partnership now owns 12,568 shares of the company’s stock worth $103,000 after buying an additional 1,765 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new stake in Chemours Company (The) during the second quarter worth $118,000. Quantbot Technologies LP purchased a new stake in Chemours Company (The) during the third quarter worth $124,000. Finally, Winton Capital Group Ltd increased its stake in Chemours Company (The) by 1.3% in the second quarter. Winton Capital Group Ltd now owns 15,473 shares of the company’s stock worth $127,000 after buying an additional 194 shares in the last quarter. 74.32% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Chemours Company (The) (NYSE:CC)

Shares of Chemours Company (NYSE:CC) traded up 2.50% on Friday, reaching $24.97. The company’s stock had a trading volume of 1,575,569 shares. The firm’s 50-day moving average price is $23.89 and its 200-day moving average price is $16.11. The stock has a market cap of $4.54 billion, a P/E ratio of 30.23 and a beta of 3.45. Chemours Company has a 12 month low of $3.06 and a 12 month high of $27.29.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Investors of record on Thursday, November 17th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, November 15th. This represents a $0.12 annualized dividend and a yield of 0.49%. Chemours Company (The)’s payout ratio is 14.81%.

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A number of research analysts recently commented on the company. Jefferies Group reaffirmed a “hold” rating and issued a $17.00 price target (up previously from $15.00) on shares of Chemours Company (The) in a research note on Thursday, November 10th. Goldman Sachs Group, Inc. (The) downgraded Chemours Company (The) from a “buy” rating to a “neutral” rating and boosted their price target for the company from $23.00 to $27.00 in a research note on Monday, December 12th. Finally, Zacks Investment Research raised Chemours Company (The) from a “hold” rating to a “strong-buy” rating and set a $24.00 price target for the company in a research note on Thursday, November 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Chemours Company (The) currently has an average rating of “Hold” and a consensus price target of $17.22.

Chemours Company (The) Company Profile

The Chemours Company is a provider of performance chemicals. The Company operates through three segments: Titanium Technologies, Fluoroproducts and Chemical Solutions. The Company’s Titanium Technologies segment manufactures titanium dioxide (TiO2), which is a pigment used to deliver whiteness, opacity, brightness and protection from sunlight in applications, such as architectural and industrial coatings, plastic packaging, polyvinyl chloride (PVC) window profiles, laminate papers, coated paper and coated paperboard used for packaging.

5 Day Chart for NYSE:CC

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