Mondrian Investment Partners LTD held its stake in Innospec Inc. (NASDAQ:IOSP) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 67,365 shares of the specialty chemicals company’s stock at the end of the second quarter. Mondrian Investment Partners LTD’s holdings in Innospec were worth $4,416,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IOSP. Arizona State Retirement System boosted its position in shares of Innospec by 0.8% in the second quarter. Arizona State Retirement System now owns 12,600 shares of the specialty chemicals company’s stock worth $826,000 after buying an additional 100 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Innospec by 4.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 147,758 shares of the specialty chemicals company’s stock worth $9,686,000 after buying an additional 6,209 shares during the last quarter. Algert Global LLC acquired a new position in shares of Innospec during the second quarter worth approximately $2,269,000. Sei Investments Co. boosted its position in shares of Innospec by 100.1% in the second quarter. Sei Investments Co. now owns 36,827 shares of the specialty chemicals company’s stock worth $2,414,000 after buying an additional 18,420 shares during the last quarter. Finally, Texas Permanent School Fund boosted its position in shares of Innospec by 1.1% in the second quarter. Texas Permanent School Fund now owns 17,618 shares of the specialty chemicals company’s stock worth $1,155,000 after buying an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 90.52% of the company’s stock.

Innospec Inc. (NASDAQ:IOSP) opened at 57.75 on Friday. The company has a 50-day moving average of $63.77 and a 200-day moving average of $64.95. The stock has a market cap of $1.39 billion, a PE ratio of 18.39 and a beta of 1.15. Innospec Inc. has a 12 month low of $54.45 and a 12 month high of $74.75.

Innospec (NASDAQ:IOSP) last released its quarterly earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.08. The company had revenue of $326.30 million for the quarter. Innospec had a net margin of 7.22% and a return on equity of 14.77%. On average, equities analysts forecast that Innospec Inc. will post $4.17 EPS for the current fiscal year.

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IOSP has been the topic of a number of analyst reports. ValuEngine cut shares of Innospec from a “buy” rating to a “hold” rating in a research report on Monday. Zacks Investment Research cut shares of Innospec from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, BidaskClub cut shares of Innospec from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd.

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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