Cambiar Investors LLC acquired a new stake in Orion Engineered Carbons, S.A. (NYSE:OEC) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 527,530 shares of the specialty chemicals company’s stock, valued at approximately $11,843,000. Cambiar Investors LLC owned approximately 0.89% of Orion Engineered Carbons, at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Boston Partners raised its holdings in shares of Orion Engineered Carbons, by 566.9% during the 3rd quarter. Boston Partners now owns 310,735 shares of the specialty chemicals company’s stock worth $6,976,000 after buying an additional 264,141 shares in the last quarter. K.J. Harrison & Partners Inc acquired a new position in shares of Orion Engineered Carbons, during the 3rd quarter worth $361,000. Victory Capital Management Inc. raised its holdings in shares of Orion Engineered Carbons, by 9.9% during the 3rd quarter. Victory Capital Management Inc. now owns 2,694,304 shares of the specialty chemicals company’s stock worth $60,487,000 after buying an additional 243,357 shares in the last quarter. Nationwide Fund Advisors acquired a new position in shares of Orion Engineered Carbons, during the 3rd quarter worth $250,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Orion Engineered Carbons, during the 2nd quarter worth $648,000. 39.35% of the stock is owned by hedge funds and other institutional investors.

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A number of research firms have recently commented on OEC. Zacks Investment Research cut Orion Engineered Carbons, from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. Barclays PLC boosted their price target on Orion Engineered Carbons, from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 7th. Berenberg Bank reissued a “buy” rating and set a $26.00 price target on shares of Orion Engineered Carbons, in a report on Friday, August 11th. KeyCorp reissued a “buy” rating and set a $26.00 price target on shares of Orion Engineered Carbons, in a report on Friday, November 3rd. Finally, TheStreet raised Orion Engineered Carbons, from a “c” rating to a “b-” rating in a report on Monday, July 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $24.71.

Shares of Orion Engineered Carbons, S.A. (OEC) traded down $0.20 during mid-day trading on Tuesday, reaching $23.15. The company had a trading volume of 495,300 shares, compared to its average volume of 288,295. The company has a market cap of $1,385.13, a price-to-earnings ratio of 14.59 and a beta of 0.53. Orion Engineered Carbons, S.A. has a twelve month low of $17.15 and a twelve month high of $25.45. The company has a debt-to-equity ratio of 8.95, a current ratio of 2.08 and a quick ratio of 1.47.

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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Institutional Ownership by Quarter for Orion Engineered Carbons, (NYSE:OEC)

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