Seizert Capital Partners LLC cut its position in Innospec Inc. (NASDAQ:IOSP) by 10.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,507 shares of the specialty chemicals company’s stock after selling 3,087 shares during the period. Seizert Capital Partners LLC owned 0.11% of Innospec worth $1,573,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in IOSP. UBS Asset Management Americas Inc. boosted its position in Innospec by 28.1% in the first quarter. UBS Asset Management Americas Inc. now owns 14,097 shares of the specialty chemicals company’s stock valued at $913,000 after buying an additional 3,091 shares in the last quarter. OppenheimerFunds Inc. boosted its position in Innospec by 38.9% in the first quarter. OppenheimerFunds Inc. now owns 10,833 shares of the specialty chemicals company’s stock valued at $702,000 after buying an additional 3,034 shares in the last quarter. Legal & General Group Plc boosted its position in Innospec by 3.7% in the first quarter. Legal & General Group Plc now owns 43,226 shares of the specialty chemicals company’s stock valued at $2,797,000 after buying an additional 1,558 shares in the last quarter. Vanguard Group Inc. boosted its position in Innospec by 6.1% in the first quarter. Vanguard Group Inc. now owns 2,103,188 shares of the specialty chemicals company’s stock valued at $136,181,000 after buying an additional 120,723 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Innospec by 4.9% in the first quarter. Geode Capital Management LLC now owns 200,856 shares of the specialty chemicals company’s stock valued at $13,005,000 after buying an additional 9,461 shares in the last quarter. Hedge funds and other institutional investors own 89.12% of the company’s stock.

IOSP has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of Innospec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 12th. BidaskClub lowered shares of Innospec from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. ValuEngine lowered shares of Innospec from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. Finally, Monness Crespi & Hardt upgraded shares of Innospec from a “neutral” rating to a “buy” rating and set a $65.00 price target on the stock in a research report on Tuesday, August 22nd.

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Innospec Inc. (NASDAQ:IOSP) opened at $63.00 on Friday. Innospec Inc. has a 12 month low of $54.10 and a 12 month high of $74.75. The firm has a market cap of $1,520.63, a PE ratio of 15.63 and a beta of 1.16. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.28 and a quick ratio of 1.32.

Innospec (NASDAQ:IOSP) last announced its earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.08 by $0.08. Innospec had a net margin of 7.22% and a return on equity of 14.77%. The company had revenue of $326.30 million during the quarter. sell-side analysts anticipate that Innospec Inc. will post 4.15 EPS for the current year.

About Innospec

Innospec Inc is a specialty chemicals company engaged in developing, manufacturing, blending, marketing and supplying of specialty chemicals for use as fuel additives and ingredients for personal care, home care, agrochemical, mining and other applications and oilfield chemicals. The Company operates through four business segments: Fuel Specialties, Performance Chemicals, Oilfield Services and Octane Additives.

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Institutional Ownership by Quarter for Innospec (NASDAQ:IOSP)

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