Keybank National Association OH lessened its holdings in shares of Orion Engineered Carbons S.A (NYSE:OEC) by 4.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 59,900 shares of the specialty chemicals company’s stock after selling 2,600 shares during the quarter. Keybank National Association OH owned 0.10% of Orion Engineered Carbons S.A worth $1,345,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Rovida Advisors Inc. raised its stake in Orion Engineered Carbons S.A by 4.1% during the 2nd quarter. Rovida Advisors Inc. now owns 2,810,000 shares of the specialty chemicals company’s stock worth $55,919,000 after buying an additional 110,000 shares during the period. Victory Capital Management Inc. raised its stake in Orion Engineered Carbons S.A by 9.9% during the 3rd quarter. Victory Capital Management Inc. now owns 2,694,304 shares of the specialty chemicals company’s stock worth $60,487,000 after buying an additional 243,357 shares during the period. Renaissance Technologies LLC raised its stake in Orion Engineered Carbons S.A by 0.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,254,612 shares of the specialty chemicals company’s stock worth $25,030,000 after buying an additional 10,712 shares during the period. Dalton Greiner Hartman Maher & Co. raised its stake in Orion Engineered Carbons S.A by 10.8% during the 2nd quarter. Dalton Greiner Hartman Maher & Co. now owns 899,074 shares of the specialty chemicals company’s stock worth $17,937,000 after buying an additional 87,728 shares during the period. Finally, Bowen Hanes & Co. Inc. raised its stake in Orion Engineered Carbons S.A by 145.7% during the 2nd quarter. Bowen Hanes & Co. Inc. now owns 658,605 shares of the specialty chemicals company’s stock worth $13,139,000 after buying an additional 390,500 shares during the period. 39.35% of the stock is currently owned by institutional investors and hedge funds.

Shares of Orion Engineered Carbons S.A (NYSE:OEC) opened at $23.35 on Monday. Orion Engineered Carbons S.A has a 12 month low of $17.15 and a 12 month high of $25.45. The stock has a market capitalization of $1,385.13, a PE ratio of 14.59 and a beta of 0.53. The company has a quick ratio of 1.47, a current ratio of 2.08 and a debt-to-equity ratio of 8.95.

OEC has been the topic of several research analyst reports. BidaskClub downgraded Orion Engineered Carbons S.A from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. TheStreet raised Orion Engineered Carbons S.A from a “c” rating to a “b-” rating in a research note on Monday, July 24th. J P Morgan Chase & Co downgraded Orion Engineered Carbons S.A from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $25.00 to $23.00 in a research note on Monday, August 7th. Berenberg Bank reaffirmed a “buy” rating and set a $26.00 price objective on shares of Orion Engineered Carbons S.A in a research note on Friday, August 11th. Finally, KeyCorp reaffirmed a “buy” rating and set a $24.00 price objective on shares of Orion Engineered Carbons S.A in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $24.71.

WARNING: “Orion Engineered Carbons S.A (OEC) Shares Sold by Keybank National Association OH” was posted by Daily Political and is the property of of Daily Political. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this report can be accessed at https://www.dailypolitical.com/2017/11/13/orion-engineered-carbons-s-a-oec-shares-sold-by-keybank-national-association-oh.html.

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.

Institutional Ownership by Quarter for Orion Engineered Carbons S.A (NYSE:OEC)

Receive News & Ratings for Orion Engineered Carbons S.A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Engineered Carbons S.A and related companies with MarketBeat.com's FREE daily email newsletter.