Victory Capital Management Inc. increased its position in shares of Orion Engineered Carbons S.A (NYSE:OEC) by 9.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,694,304 shares of the specialty chemicals company’s stock after acquiring an additional 243,357 shares during the period. Victory Capital Management Inc. owned approximately 4.54% of Orion Engineered Carbons S.A worth $60,487,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Parametric Portfolio Associates LLC bought a new stake in Orion Engineered Carbons S.A during the 1st quarter worth approximately $219,000. Nationwide Fund Advisors bought a new stake in Orion Engineered Carbons S.A during the 3rd quarter worth approximately $250,000. Northern Trust Corp grew its stake in Orion Engineered Carbons S.A by 15.7% in the 2nd quarter. Northern Trust Corp now owns 11,721 shares of the specialty chemicals company’s stock worth $234,000 after buying an additional 1,594 shares in the last quarter. Sensato Investors LLC purchased a new position in Orion Engineered Carbons S.A in the 2nd quarter worth approximately $295,000. Finally, Cubist Systematic Strategies LLC purchased a new position in Orion Engineered Carbons S.A in the 2nd quarter worth approximately $296,000. 37.49% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have commented on the stock. KeyCorp reissued a “buy” rating and issued a $26.00 price target on shares of Orion Engineered Carbons S.A in a research note on Friday. UBS AG boosted their price target on shares of Orion Engineered Carbons S.A from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday. Zacks Investment Research cut shares of Orion Engineered Carbons S.A from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 11th. BidaskClub cut shares of Orion Engineered Carbons S.A from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, TheStreet raised shares of Orion Engineered Carbons S.A from a “c” rating to a “b-” rating in a research note on Monday, July 24th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Orion Engineered Carbons S.A currently has a consensus rating of “Buy” and a consensus price target of $23.67.

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Orion Engineered Carbons S.A (OEC) opened at $23.75 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.93 and a debt-to-equity ratio of 9.03. Orion Engineered Carbons S.A has a 12 month low of $17.15 and a 12 month high of $24.55. The company has a market cap of $1,408.85, a P/E ratio of 14.84 and a beta of 0.53.

About Orion Engineered Carbons S.A

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 S.A (NYSE:OEC)

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