Out of 4 analysts covering Calgon Carbon (NYSE:CCC), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Calgon Carbon has been the topic of 4 analyst reports since February 22, 2016 according to StockzIntelligence Inc. Below is a list of Calgon Carbon Corporation (NYSE:CCC) latest ratings and price target changes.
01/06/2016 Broker: Oppenheimer Rating: Outperform Initiate
11/05/2016 Broker: Janney Capital Rating: Buy New Target: $20.00 Initiate
About 55,583 shares traded hands. Calgon Carbon Corporation (NYSE:CCC) has declined 11.21% since February 8, 2016 and is downtrending. It has underperformed by 27.70% the S&P500.
Calgon Carbon Corporation is engaged in the manufacture, supply, reactivation and application of activated carbons and the manufacture of ballast water treatment, ultraviolet light disinfection and ion-exchange technologies. The company has a market cap of $742.57 million. The Company’s technologies are used for the treatment of drinking water, wastewater, ballast water, air emissions, and various industrial and commercial manufacturing processes. It has a 22.76 P/E ratio. The Company’s divisions include Activated Carbon and Service, Equipment and Consumer.
The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.22, from 1.21 in 2016Q1. The ratio dived, as 20 funds sold all Calgon Carbon Corporation shares owned while 49 reduced positions. 20 funds bought stakes while 48 increased positions. They now own 38.08 million shares or 10.50% less from 42.54 million shares in 2016Q1.
Highlander Capital Management Llc holds 1.19% of its portfolio in Calgon Carbon Corporation for 98,900 shares. Robecosam Usa Inc. owns 61,120 shares or 1% of their US portfolio. Moreover, Robecosam Ag has 0.46% invested in the company for 391,167 shares. The North Carolina-based Willingdon Wealth Management has invested 0.41% in the stock. John G Ullman & Associates Inc, a New York-based fund reported 134,500 shares.
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