Dimensional Fund Advisors LP Has $34.53 Million Stock Holdings in Orion S.A. (NYSE:OEC)

Dimensional Fund Advisors LP grew its stake in shares of Orion S.A. (NYSE:OEC - Free Report) by 11.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,186,942 shares of the specialty chemicals company's stock after purchasing an additional 233,342 shares during the quarter. Dimensional Fund Advisors LP owned about 3.79% of Orion worth $34,529,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in OEC. KLP Kapitalforvaltning AS bought a new stake in Orion during the fourth quarter worth $171,000. Trexquant Investment LP bought a new stake in shares of Orion in the 4th quarter valued at about $206,000. SG Americas Securities LLC lifted its stake in Orion by 18.0% in the 4th quarter. SG Americas Securities LLC now owns 23,911 shares of the specialty chemicals company's stock valued at $378,000 after purchasing an additional 3,646 shares during the last quarter. Inspire Investing LLC lifted its stake in Orion by 9.2% in the 4th quarter. Inspire Investing LLC now owns 25,351 shares of the specialty chemicals company's stock valued at $400,000 after purchasing an additional 2,138 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Orion by 48.6% during the fourth quarter. Wells Fargo & Company MN now owns 27,405 shares of the specialty chemicals company's stock worth $433,000 after purchasing an additional 8,969 shares during the period. Institutional investors own 94.33% of the company's stock.

Orion Trading Up 1.8 %

Shares of NYSE:OEC opened at $12.17 on Monday. Orion S.A. has a 12-month low of $10.50 and a 12-month high of $26.05. The business has a 50 day moving average of $12.65 and a 200-day moving average of $14.76. The company has a quick ratio of 0.71, a current ratio of 1.24 and a debt-to-equity ratio of 1.42. The stock has a market cap of $685.40 million, a PE ratio of 16.23 and a beta of 1.20.

Orion (NYSE:OEC - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The specialty chemicals company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.10. Orion had a return on equity of 20.94% and a net margin of 2.35%. The business had revenue of $434.20 million during the quarter, compared to the consensus estimate of $437.03 million. As a group, equities research analysts forecast that Orion S.A. will post 1.73 earnings per share for the current year.

Orion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Wednesday, June 11th will be given a dividend of $0.0207 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.68%. Orion's payout ratio is presently 10.67%.

Analysts Set New Price Targets

OEC has been the subject of a number of recent analyst reports. UBS Group cut their price objective on Orion from $23.00 to $22.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. JPMorgan Chase & Co. downgraded Orion from an "overweight" rating to a "neutral" rating and cut their price target for the company from $18.00 to $12.00 in a report on Thursday, April 24th.

Insiders Place Their Bets

In other news, VP Carlos Quinones acquired 3,300 shares of Orion stock in a transaction on Wednesday, March 12th. The shares were purchased at an average cost of $13.07 per share, for a total transaction of $43,131.00. Following the completion of the purchase, the vice president now directly owns 79,702 shares of the company's stock, valued at approximately $1,041,705.14. This represents a 4.32 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.20% of the company's stock.

Orion Profile

Orion SA, together with its subsidiaries, engages in the manufacture and sale of carbon black products. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and conductive carbon black grades for batteries, polymers, and coatings.

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