Savant Capital LLC Sells 717 Shares of Stepan (NYSE:SCL)

Savant Capital LLC lessened its holdings in Stepan (NYSE:SCL) by 15.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,043 shares of the basic materials company’s stock after selling 717 shares during the period. Savant Capital LLC’s holdings in Stepan were worth $262,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC grew its stake in shares of Stepan by 177.6% in the 3rd quarter. Barclays PLC now owns 44,790 shares of the basic materials company’s stock worth $3,460,000 after acquiring an additional 28,655 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Stepan by 19.8% in the third quarter. JPMorgan Chase & Co. now owns 142,790 shares of the basic materials company’s stock valued at $11,031,000 after acquiring an additional 23,626 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Stepan by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 486,976 shares of the basic materials company’s stock worth $37,626,000 after acquiring an additional 4,777 shares during the period. State Street Corp lifted its stake in shares of Stepan by 1.5% during the 3rd quarter. State Street Corp now owns 1,195,187 shares of the basic materials company’s stock valued at $92,328,000 after buying an additional 17,530 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in Stepan by 110.6% in the 4th quarter. Versant Capital Management Inc now owns 457 shares of the basic materials company’s stock valued at $30,000 after buying an additional 240 shares in the last quarter. Institutional investors own 82.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Stepan from a “hold” rating to a “buy” rating in a research note on Friday, February 7th.

Stepan Price Performance

Stepan stock opened at $62.39 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.27 and a debt-to-equity ratio of 0.29. The business has a 50-day simple moving average of $64.67 and a 200 day simple moving average of $71.50. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 31.04 and a beta of 0.84. Stepan has a 52 week low of $59.70 and a 52 week high of $94.76.

About Stepan

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used in consumer and industrial cleaning and disinfection products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, disinfectants, and lubricating ingredients.