Loomis Sayles & Co. L P Has $17.52 Million Stock Holdings in ChampionX Co. (NASDAQ:CHX)

Loomis Sayles & Co. L P lowered its position in shares of ChampionX Co. (NASDAQ:CHX) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 644,206 shares of the company’s stock after selling 20,107 shares during the quarter. Loomis Sayles & Co. L P owned 0.34% of ChampionX worth $17,516,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Cerity Partners LLC increased its holdings in shares of ChampionX by 291.8% in the third quarter. Cerity Partners LLC now owns 152,038 shares of the company’s stock worth $4,584,000 after acquiring an additional 113,232 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of ChampionX in the 3rd quarter valued at approximately $2,054,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in ChampionX by 18.0% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 295,105 shares of the company’s stock worth $8,897,000 after purchasing an additional 45,105 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in ChampionX by 2.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,952 shares of the company’s stock valued at $1,295,000 after buying an additional 1,011 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of ChampionX by 1.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 497,571 shares of the company’s stock valued at $15,002,000 after buying an additional 7,569 shares during the period. Institutional investors own 98.99% of the company’s stock.

ChampionX Stock Down 0.9 %

Shares of CHX stock opened at $29.87 on Friday. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 18.10 and a beta of 2.28. ChampionX Co. has a 12-month low of $25.57 and a 12-month high of $39.95. The firm has a fifty day moving average of $29.44 and a 200-day moving average of $29.47. The company has a quick ratio of 1.36, a current ratio of 1.99 and a debt-to-equity ratio of 0.32.

ChampionX (NASDAQ:CHX) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.03. ChampionX had a return on equity of 19.84% and a net margin of 8.81%. As a group, equities research analysts predict that ChampionX Co. will post 1.92 earnings per share for the current fiscal year.

ChampionX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 4th will be paid a dividend of $0.095 per share. The ex-dividend date is Friday, April 4th. This represents a $0.38 annualized dividend and a dividend yield of 1.27%. ChampionX’s dividend payout ratio is currently 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.