Calgon Carbon Corporation (NYSE:CCC) is expected to pay $0.05 on Dec 15, 2016. The indicated annual dividend is $0.20. Shareholders owning the stock before Dec 1, 2016 will be eligible to receive the payout. Based on Calgon Carbon Corporation’s current price of $17.70, the dividend is 0.28%. This dividend’s record date is Dec 5, 2016 and the announcement date is Nov 4, 2016. The stock increased 1.72% or $0.3 during the last trading session, hitting $17.7. Calgon Carbon Corporation (NYSE:CCC) has risen 8.12% since April 27, 2016 and is uptrending. It has outperformed by 2.90% 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 $868.77 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 33.01 P/E ratio. The Company’s divisions include Activated Carbon and Service, Equipment and Consumer.
Insitutional Activity: The institutional sentiment increased to 1.39 in Q2 2016. Its up 0.40, from 0.99 in 2016Q1. The ratio increased, 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.
Credit Suisse Ag holds 0% or 106,304 shares in its portfolio. Wells Fargo & Mn accumulated 0% or 337,153 shares. Btim holds 0.24% of its portfolio in Calgon Carbon Corporation (NYSE:CCC) for 1.06M shares. Prudential Fin holds 0% of its portfolio in Calgon Carbon Corporation (NYSE:CCC) for 122,497 shares. California State Teachers Retirement System accumulated 0% or 105,659 shares. Babson Capital Mgmt Ltd Company has 48,750 shares for 0.02% of their US portfolio. Amer Group Inc has 37,529 shares for 0% of their US portfolio. Menta Cap Llc accumulated 30,750 shares or 0.06% of the stock. Stevens Capital Mngmt Lp holds 28,153 shares or 0.01% of its portfolio. Renaissance Ltd Co owns 395,800 shares or 0.01% of their US portfolio. Emerald Advisers Pa has 107,000 shares for 0.07% of their US portfolio. Thrivent Financial For Lutherans accumulated 0% or 24,830 shares. Blackrock Fund Advsr has invested 0.01% of its portfolio in Calgon Carbon Corporation (NYSE:CCC). The Georgia-based Shapiro Capital Mgmt Limited Liability Company has invested 0% in Calgon Carbon Corporation (NYSE:CCC). Alliancebernstein L P has invested 0% of its portfolio in Calgon Carbon Corporation (NYSE:CCC).
Insider Transactions: Since November 9, 2016, the stock had 0 insider purchases, and 1 sale for $509,577 net activity. NEWLIN WILLIAM R also sold $509,577 worth of Calgon Carbon Corporation (NYSE:CCC) on Wednesday, November 9.
Calgon Carbon Corporation (NYSE:CCC) Ratings Coverage
Out of 5 analysts covering Calgon Carbon (NYSE:CCC), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $20 is the highest target while $19 is the lowest. The $19.50 average target is 10.17% above today’s ($17.7) stock price. Calgon Carbon has been the topic of 5 analyst reports since February 22, 2016 according to StockzIntelligence Inc. BB&T Capital downgraded the stock to “Hold” rating in Monday, February 22 report. The firm has “Outperform” rating by Oppenheimer given on Wednesday, June 1. The stock has “Neutral” rating given by Roth Capital on Monday, February 22. Janney Capital initiated the stock with “Buy” rating in Wednesday, May 11 report. The stock of Calgon Carbon Corporation (NYSE:CCC) has “Outperform” rating given on Tuesday, October 4 by Robert W. Baird.
More important recent Calgon Carbon Corporation (NYSE:CCC) news were published by: Businesswire.com which released: “Calgon Carbon Corporation Completes $400 Million Unsecured Syndicated Credit …” on October 04, 2016, also Seekingalpha.com published article titled: “Calgon Carbon Corporation: Benefitting From Government Regulation”, Bizjournals.com published: “Calgon Carbon inks deal to buy European company’s activated carbon unit” on August 05, 2016. More interesting news about Calgon Carbon Corporation (NYSE:CCC) was released by: Businesswire.com and their article: “Calgon Carbon Plans to Acquire the European Wood-Based Activated Carbon and …” with publication date: April 14, 2016.
CCC Company Profile
Calgon Carbon Corporation, incorporated on November 27, 1967, is engaged in the manufacture, supply, reactivation and application of activated carbons and the manufacture of ballast water treatment (BWT), ultraviolet (UV) light disinfection and ion-exchange (IX) technologies. The Company’s technologies are used for the treatment of drinking water, wastewater, ballast water, air emissions and various industrial and commercial manufacturing processes. The Company’s divisions include Activated Carbon and Service, Equipment and Consumer. The Firm offers a range of products, services, and equipment developed for the purification, separation and concentration of liquids, gases and other media through its divisions. The Company’s markets include potable water, industrial process, environmental water, environmental air, food and specialty markets.
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