Financial Counselors Inc. maintained its stake in shares of Calgon Carbon Corporation (NYSE:CCC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,963 shares of the industrial products company’s stock at the end of the second quarter. Financial Counselors Inc. owned about 0.11% of Calgon Carbon Corporation worth $860,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. grew its holdings in Calgon Carbon Corporation by 18,763.5% during the 1st quarter. BlackRock Inc. now owns 6,327,956 shares of the industrial products company’s stock worth $92,388,000 after acquiring an additional 6,294,410 shares in the last quarter. BlueCrest Capital Management Ltd grew its holdings in Calgon Carbon Corporation by 5.7% during the 1st quarter. BlueCrest Capital Management Ltd now owns 10,621 shares of the industrial products company’s stock worth $155,000 after acquiring an additional 571 shares in the last quarter. Teachers Advisors LLC grew its holdings in Calgon Carbon Corporation by 1.4% during the 1st quarter. Teachers Advisors LLC now owns 84,269 shares of the industrial products company’s stock worth $1,230,000 after acquiring an additional 1,195 shares in the last quarter. Royce & Associates LP grew its holdings in Calgon Carbon Corporation by 14.6% during the 2nd quarter. Royce & Associates LP now owns 947,598 shares of the industrial products company’s stock worth $14,309,000 after acquiring an additional 120,800 shares in the last quarter. Finally, Rockefeller Financial Services Inc. grew its holdings in Calgon Carbon Corporation by 13.6% during the 2nd quarter. Rockefeller Financial Services Inc. now owns 42,777 shares of the industrial products company’s stock worth $646,000 after acquiring an additional 5,126 shares in the last quarter. 85.19% of the stock is owned by institutional investors.

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Calgon Carbon Corporation (NYSE CCC) opened at 13.00 on Wednesday. The firm has a market capitalization of $660.32 million, a price-to-earnings ratio of 93.53 and a beta of 1.14. Calgon Carbon Corporation has a 12-month low of $12.00 and a 12-month high of $18.80. The stock has a 50 day moving average of $13.93 and a 200 day moving average of $14.29.

Calgon Carbon Corporation (NYSE:CCC) last announced its quarterly earnings results on Friday, August 4th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.14. The firm had revenue of $153.00 million for the quarter, compared to analyst estimates of $151.18 million. Calgon Carbon Corporation had a net margin of 1.27% and a return on equity of 5.46%. The business’s revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 EPS. Equities research analysts anticipate that Calgon Carbon Corporation will post $0.50 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Tuesday, September 5th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.54%. The ex-dividend date is Thursday, August 31st. Calgon Carbon Corporation’s dividend payout ratio (DPR) is presently 133.33%.

CCC has been the subject of several recent analyst reports. Janney Montgomery Scott lowered shares of Calgon Carbon Corporation from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $18.00 to $16.00 in a report on Thursday, July 13th. Zacks Investment Research lowered shares of Calgon Carbon Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 17th. ValuEngine raised shares of Calgon Carbon Corporation from a “sell” rating to a “hold” rating in a report on Saturday, June 3rd. BidaskClub raised shares of Calgon Carbon Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th. Finally, Sidoti began coverage on shares of Calgon Carbon Corporation in a report on Wednesday, June 7th. They issued a “buy” rating and a $18.00 price target for the company. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. Calgon Carbon Corporation currently has a consensus rating of “Hold” and an average price target of $18.20.

About Calgon Carbon Corporation

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

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Institutional Ownership by Quarter for Calgon Carbon Corporation (NYSE:CCC)

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