9,392 Shares in AdvanSix Inc. (NYSE:ASIX) Purchased by SG Americas Securities LLC

SG Americas Securities LLC purchased a new position in shares of AdvanSix Inc. (NYSE:ASIX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,392 shares of the company’s stock, valued at approximately $285,000.

Other large investors have also recently made changes to their positions in the company. Point72 DIFC Ltd purchased a new position in shares of AdvanSix during the 2nd quarter worth about $34,000. Acadian Asset Management LLC purchased a new position in shares of AdvanSix during the 2nd quarter worth about $36,000. Allspring Global Investments Holdings LLC purchased a new position in shares of AdvanSix during the 2nd quarter worth about $51,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of AdvanSix during the 2nd quarter worth about $51,000. Finally, Point72 Asset Management L.P. purchased a new position in shares of AdvanSix during the 2nd quarter worth about $55,000. 86.39% of the stock is owned by hedge funds and other institutional investors.

AdvanSix Price Performance

AdvanSix stock opened at $30.09 on Monday. The stock has a market cap of $806.98 million, a price-to-earnings ratio of 1,003.00 and a beta of 1.68. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.39 and a quick ratio of 0.74. AdvanSix Inc. has a 1 year low of $20.86 and a 1 year high of $32.04. The firm has a 50-day moving average of $29.31 and a two-hundred day moving average of $26.48.

AdvanSix (NYSE:ASIX) last released its quarterly earnings data on Friday, August 2nd. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.35. The company had revenue of $453.48 million during the quarter, compared to analysts’ expectations of $426.80 million. AdvanSix had a net margin of 0.57% and a return on equity of 1.03%. During the same period in the previous year, the company earned $1.18 EPS. On average, research analysts forecast that AdvanSix Inc. will post 1.67 earnings per share for the current year.

AdvanSix Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 27th. Shareholders of record on Tuesday, August 13th were given a $0.16 dividend. The ex-dividend date was Tuesday, August 13th. This represents a $0.64 annualized dividend and a yield of 2.13%. AdvanSix’s dividend payout ratio (DPR) is 2,133.33%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of AdvanSix from a “hold” rating to a “buy” rating in a research note on Monday, August 5th.

Insider Buying and Selling at AdvanSix

In other news, CEO Erin N. Kane sold 5,000 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $30.28, for a total value of $151,400.00. Following the completion of the sale, the chief executive officer now owns 522,795 shares in the company, valued at approximately $15,830,232.60. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CEO Erin N. Kane sold 1,558 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $27.89, for a total value of $43,452.62. Following the completion of the sale, the chief executive officer now owns 536,237 shares in the company, valued at approximately $14,955,649.93. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Erin N. Kane sold 5,000 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $30.28, for a total transaction of $151,400.00. Following the completion of the sale, the chief executive officer now owns 522,795 shares of the company’s stock, valued at approximately $15,830,232.60. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,528 shares of company stock valued at $223,800 in the last three months. Company insiders own 5.60% of the company’s stock.

AdvanSix Company Profile

AdvanSix Inc engages in the manufacture and sale of polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone that are used in the production of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, as well as other intermediate chemicals, including phenol, monoisopropylamine, dipropylamine, monoallylamine, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide.