Barclays PLC Has $13.90 Million Holdings in ChampionX Co. (NASDAQ:CHX)

Barclays PLC raised its stake in ChampionX Co. (NASDAQ:CHX - Free Report) by 43.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 511,092 shares of the company's stock after purchasing an additional 154,011 shares during the period. Barclays PLC owned 0.27% of ChampionX worth $13,897,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CHX. Norges Bank acquired a new stake in ChampionX during the 4th quarter worth approximately $74,032,000. Calamos Advisors LLC boosted its position in shares of ChampionX by 470.4% in the fourth quarter. Calamos Advisors LLC now owns 1,494,500 shares of the company's stock valued at $40,635,000 after acquiring an additional 1,232,500 shares during the period. Birnam Oak Advisors LP acquired a new position in shares of ChampionX in the fourth quarter valued at about $17,037,000. Oddo BHF Asset Management Sas acquired a new stake in ChampionX in the 3rd quarter worth about $15,075,000. Finally, Alpine Associates Management Inc. boosted its holdings in ChampionX by 63.5% in the 4th quarter. Alpine Associates Management Inc. now owns 1,182,716 shares of the company's stock valued at $32,158,000 after purchasing an additional 459,200 shares during the period. 98.99% of the stock is owned by institutional investors.

ChampionX Price Performance

Shares of NASDAQ CHX traded down $0.01 during midday trading on Friday, reaching $25.26. The company's stock had a trading volume of 2,210,356 shares, compared to its average volume of 2,541,703. The company has a market cap of $4.82 billion, a P/E ratio of 15.29 and a beta of 1.81. ChampionX Co. has a fifty-two week low of $21.92 and a fifty-two week high of $35.94. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.36 and a current ratio of 1.99. The business's 50 day moving average price is $27.71 and its two-hundred day moving average price is $28.77.

ChampionX (NASDAQ:CHX - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.03. ChampionX had a return on equity of 19.84% and a net margin of 8.81%. On average, analysts forecast that ChampionX Co. will post 1.92 EPS for the current fiscal year.

ChampionX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 4th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $0.38 dividend on an annualized basis and a yield of 1.50%. ChampionX's dividend payout ratio (DPR) is 23.03%.

ChampionX Profile

ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies.