Ritholtz Wealth Administration elevated its stake in shares of Olin Co. (NYSE:OLN – Get Score ) by 25.7% within the fourth quarter, in response to its most up-to-date Type 13F submitting with the SEC. The fund owned 12,871 shares of the specialty chemical compounds firm’s inventory after shopping for a further 2,628 shares throughout the interval. Ritholtz Wealth Administration’s holdings in Olin have been value $681,000 as of its most up-to-date SEC submitting.

BREAKING: Small biotech efficiently treats blindness (From the again of the markets)

Quite a few different massive traders have additionally added to or lowered their stakes in OLN. HighTower Advisors LLC boosted its holdings in Olin by 10.4% throughout the first quarter. HighTower Advisors LLC now owns 7,760 shares of the specialty chemical compounds firm’s inventory valued at $407,000 after shopping for a further 728 shares over the past quarter. Non-public Advisor Group LLC purchased a brand new stake in Olin throughout the first quarter value about $230,000. Acadian Asset Administration LLC purchased a brand new place in Olin throughout the first quarter value about $53,000. Nice West Life Assurance Co. Can boosted its place in Olin by 8.7% throughout the first quarter. Nice West Life Assurance Co. Can now owns 82,375 shares of the specialty chemical compounds firm’s inventory valued at $4,437,000 after buying a further 6,589 shares throughout the interval. Lastly, US Capital Wealth Advisors LLC boosted its place in Olin by 5.8% throughout the first quarter. US Capital Wealth Advisors LLC now owns 4,714 shares of the specialty chemical compounds firm’s inventory valued at $246,000 after shopping for a further 259 shares throughout the interval. Hedge funds and different institutional traders personal 85.77% of the corporate’s shares.

Adjustments in analyst scores

Quite a few brokerages have weighed in on OLN. Goldman Sachs Group boosted their goal value on shares of Olin from $65.00 to $74.00 and gave the inventory a “purchase” score in a analysis report on Tuesday, January thirty first. UBS Group boosted their value goal on shares of Olin from $60.00 to $65.00 and gave the corporate a “purchase” score in a analysis report on Wednesday, January eleventh. Royal Financial institution of Canada boosted their value goal on shares of Olin from $66.00 to $74.00 and gave the corporate an “outperform” score in a analysis report on Monday, January thirtieth. Wells Fargo & Firm boosted their value goal on shares of Olin from $66.00 to $70.00 and gave the corporate an “chubby” score in a analysis report on Monday, January thirtieth. Lastly, Credit score Suisse Group boosted their value goal on shares of Olin from $49.00 to $52.00 and gave the corporate an “underperform” score in a analysis report on Friday, January twenty seventh. Two analysts have rated the inventory with a promote score, one has issued a maintain score and 9 have issued a purchase score to the inventory. Primarily based on knowledge from MarketBeat, Olin at the moment has a consensus score of “Reasonable Purchase” and a consensus value goal of $64.00.

Insider shopping for and promoting

In associated information, VP Damian Gumpel offered 13,000 shares of Olin inventory in a transaction on Thursday, February sixteenth. The shares have been offered at a mean value of $62.65, for a complete worth of $814,450.00. Following the transaction, the vp now straight owns 17,155 shares of the corporate’s inventory, valued at $1,074,760.75. The sale was disclosed in a authorized submitting with the SEC, which might be accessed through this hyperlink. In associated information, Director Heidi S. Alderman offered 2,000 shares of Olin inventory in a transaction on Wednesday, February 1st. The shares have been offered at a mean value of $64.01, for a complete worth of $128,020.00. The transaction was disclosed in a authorized submitting with the SEC, which is obtainable on the SEC web site. Additionally, VP Damian Gumpel offered 13,000 shares of Olin inventory in a transaction on Thursday, February sixteenth. The shares have been offered at a mean value of $62.65, for a complete transaction of $814,450.00. Following the completion of the sale, the vp now owns 17,155 shares within the firm, valued at roughly $1,074,760.75. The details about this sale might be discovered right here. 9.00% of the inventory is owned by insiders.

Olin rose 0.8%

OLN inventory opened at $52.28 on Tuesday. The corporate has a market cap of $6.84 billion, a PE ratio of 5.91, a price-to-earnings-growth ratio of 1.16 and a beta of 1.47. Olin Co. has a one yr low of $41.33 and a one yr excessive of $67.25. The corporate’s 50 day transferring common value is $57.93 and its 200 day transferring common value is $54.27. The corporate has a debt ratio of 1.01, a fast ratio of 0.78 and a present ratio of 1.38.

Olin (NYSE:OLN – Get Score ) final posted its quarterly earnings outcomes on Friday, January twenty seventh. The specialty chemical compounds firm reported $1.43 EPS for the quarter, topping the consensus estimate of $1.42 by $0.01. The agency had income of $1.98 billion for the quarter, in comparison with the consensus estimate of $2.11 billion. Olin had a web margin of 14.15% and a return on fairness of fifty.19%. The corporate’s income fell by 18.6% in comparison with the identical quarter final yr. In the identical interval final yr, the corporate had earnings of USD 2.41 per share. As a bunch, analysts predict that Olin Co. will ship 5.53 earnings per share for the present monetary yr.

Olin dividend announcement

The corporate additionally not too long ago disclosed a quarterly dividend, which was paid on Monday, March thirteenth. Traders of report on Monday, March sixth have been paid a $0.20 dividend. This represents an annual dividend of $0.80 and a yield of 1.53%. The ex-dividend date was Friday, March third. Olin’s payout proportion is 9.04%.

Olin’s profile

(Get score)

Olin Corp. engages within the manufacture of chemical merchandise. It operates by the next segments: Chlor Alkali Merchandise and Vinyls, Epoxy and Winchester. The Chlor Alkali Merchandise and Vinyls section manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchlorethylene, trichlorethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach merchandise.

Chosen articles

This instantaneous information alert was generated by narrative science know-how and monetary knowledge from MarketBeat to offer readers with the quickest and most correct reporting. This story was reviewed by MarketBeat editorial workers previous to publication. Please ship questions or feedback about this story to contact@marketbeat.com.

Earlier than you take into account Olin, you may need to hear this.

MarketBeat retains monitor of Wall Avenue’s top-rated and best-performing analysis analysts and the shares they suggest to their purchasers every day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their purchasers to purchase now, earlier than the broader market catches on… and Olin wasn’t on the record.

Whereas Olin at the moment has a “Reasonable Purchase” score amongst analysts, top-rated analysts consider these 5 shares are higher buys.

See the 5 shares right here