Calgon Carbon (CCC) Getting Somewhat Favorable Press Coverage, Analysis Shows

Leslie Hanson
January 13, 2018

BlueCrest Capital Management Ltd now owns 11,671 shares of the industrial products company's stock worth $176,000 after buying an additional 1,050 shares in the last quarter. The institutional investor held 52,500 shares of the containers and packaging company at the end of 2017Q3, valued at $6.18M, up from 49,500 at the end of the previous reported quarter. St Germain D J Co Inc who had been investing in Oracle Corp for a number of months, seems to be less bullish one the $202.63B market cap company.

Calgon Carbon (NYSE CCC) traded down $0.05 during mid-day trading on Wednesday, reaching $21.45. Calgon Carbon Corporation (NYSE:CCC) has declined 0.14% since January 11, 2017 and is downtrending. It has underperformed by 16.84% the S&P500.

Van Eck Associates Corp decreased Calgon Carbon Corp (CCC) stake by 47.71% reported in 2017Q3 SEC filing. About 3.16 million shares traded or 152.70% up from the average. The institutional investor held 392,041 shares of the major chemicals company at the end of 2017Q3, valued at $8.39M, down from 464,639 at the end of the previous reported quarter. Invesco Ltd who had been investing in Ansys Inc for a number of months, seems to be bullish on the $12.97 billion market cap company. Ameriprise Financial Inc. now owns 266,411 shares of the industrial products company's stock worth $4,023,000 after purchasing an additional 1,943 shares during the last quarter. Zacks' earnings per share calculations are an average based on a survey of sell-side research firms that cover Calgon Carbon. T-Mobile US, Inc. (NYSE:TMUS) has risen 62.63% since January 12, 2017 and is uptrending. It has outperformed by 27.05% the S&P500. After $0.14 actual EPS reported by Calgon Carbon Corporation for the previous quarter, Wall Street now forecasts 28.57% EPS growth. Therefore 40% are positive. Sidoti downgraded shares of Calgon Carbon from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $22.00 to $20.00 in a research note on Monday, September 25th. Finally, Zacks Investment Research lowered Calgon Carbon from a "hold" rating to a "sell" rating in a report on Tuesday, October 10th. As per Thursday, September 21, the company rating was maintained by Robert W. Baird.

In other Calgon Carbon news, EVP James Andrew Coccagno sold 2,100 shares of the stock in a transaction on Thursday, September 21st. The company presently has an average rating of "Hold" and an average price target of $16.43. The stock has "Neutral" rating by Roth Capital on Monday, February 22. Janney Capital downgraded it to "Sell" rating and $21.5 target in Thursday, September 21 report. Janney Capital downgraded Calgon Carbon Corporation (NYSE:CCC) rating on Thursday, July 13. Robert W. Baird upgraded it to "Outperform" rating and $19 target in Tuesday, October 4 report. BB&T Capital downgraded the stock to "Hold" rating in Monday, February 22 report.

In other Calgon Carbon Corporation news, Director William R. Newlin sold 34,014 shares of Calgon Carbon Corporation stock in a transaction on Wednesday, November 9th. It also increased its holding in Vanguard Idx Fds Mid (VO) by 2,882 shares in the quarter, for a total of 27,252 shares, and has risen its stake in Verizon Communications (NYSE:VZ).

COPYRIGHT VIOLATION WARNING: "Brokerages Expect Calgon Carbon Corporation (CCC) to Announce $0.18 Earnings Per Share" was originally published by The Lincolnian Online and is owned by of The Lincolnian Online. CCC's profit will be $9.14M for 29.58 P/E if the $0.18 EPS becomes a reality. Mason Street Advisors LLC acquired a new position in Calgon Carbon Corporation during the second quarter worth about $130,000.


Investors sentiment decreased to 0.95 in Q3 2017.

Capitala Finance Corp.is a Business Development Company specializing in traditional mezzanine, senior subordinated and unitranche debt, first-lien and second-lien loans, equity investments in sponsored and non-sponsored lower and traditional middle market companies. It dived, as 33 investors sold CCC shares while 41 reduced holdings. Pinebridge Lp has 0.04% invested in Calgon Carbon Corporation (NYSE:CCC). Shapiro Capital Mgmt Limited Liability Co has invested 1.15% of its portfolio in Calgon Carbon Corporation (NYSE:CCC). Bancshares Of Montreal Can invested in 399 shares or 0% of the stock. Following the transaction, the executive vice president now directly owns 11,716 shares of the company's stock, valued at $250,136.60. Huntington Retail Bank holds 1,665 shares or 0% of its portfolio. 25,000 are held by Polar Asset Partners. The New York-based Citigroup Incorporated has invested 0.01% in Calgon Carbon Corporation (NYSE:CCC). Blackrock has 0.01% invested in Calgon Carbon Corporation (NYSE:CCC) for 6.37M shares. Manufacturers Life Insurance The holds 0% or 38,864 shares.

COPYRIGHT VIOLATION WARNING: "Calgon Carbon (CCC) Getting Somewhat Favorable Press Coverage, Analysis Shows" was originally reported by Week Herald and is the property of of Week Herald. Northern Corporation reported 650,008 shares.

Investors sentiment increased to 1.13 in 2017 Q3. Its down 0.30, from 1.36 in 2017Q2. It turned negative, as 32 investors sold ANSS shares while 151 reduced holdings. 122 funds opened positions while 519 raised stakes. Westpac Bk Corporation accumulated 670,335 shares or 0.71% of the stock. Arizona State Retirement Sys reported 0.01% stake. (NASDAQ:FB). Rockland reported 1.62% of its portfolio in Facebook, Inc. Geode Capital Mngmt reported 412,608 shares.

Invesco Ltd, which manages about $270.72B US Long portfolio, decreased its stake in Triton Intl Ltd by 18,218 shares to 269,720 shares, valued at $8.98M in 2017Q3, according to the filing. Glg Lp has invested 0.13% in T-Mobile US, Inc. Moreover, Jones Fincl Lllp has 0.03% invested in Facebook, Inc. It also upped Cadence Design Systems Inc (NASDAQ:CDNS) stake by 184,580 shares and now owns 429,418 shares. Bell Natl Bank reported 2,631 shares or 0.09% of all its holdings. (NASDAQ:ANSS). Tiedemann Wealth Mgmt Lc holds 3,307 shares or 0.05% of its portfolio.

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