NewMarket Co. (NYSE:NEU) Stake Boosted by Pacer Advisors Inc.

Pacer Advisors Inc. increased its position in shares of NewMarket Co. (NYSE:NEU) by 1.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 198,065 shares of the specialty chemicals company’s stock after buying an additional 2,493 shares during the quarter. Pacer Advisors Inc.’s holdings in NewMarket were worth $104,648,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NEU. Blue Trust Inc. increased its position in NewMarket by 590.9% during the third quarter. Blue Trust Inc. now owns 76 shares of the specialty chemicals company’s stock worth $39,000 after buying an additional 65 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in NewMarket during the fourth quarter valued at approximately $40,000. GAMMA Investing LLC grew its position in NewMarket by 95.5% in the third quarter. GAMMA Investing LLC now owns 215 shares of the specialty chemicals company’s stock valued at $119,000 after acquiring an additional 105 shares during the period. CENTRAL TRUST Co boosted its position in NewMarket by 36.9% in the third quarter. CENTRAL TRUST Co now owns 219 shares of the specialty chemicals company’s stock valued at $121,000 after buying an additional 59 shares in the last quarter. Finally, ORG Partners LLC acquired a new stake in shares of NewMarket in the fourth quarter valued at $159,000. Institutional investors and hedge funds own 61.09% of the company’s stock.

NewMarket Trading Down 0.3 %

Shares of NYSE NEU opened at $496.23 on Monday. NewMarket Co. has a 1-year low of $480.00 and a 1-year high of $650.00. The company has a current ratio of 2.83, a quick ratio of 1.50 and a debt-to-equity ratio of 0.80. The company has a 50-day moving average of $522.45 and a two-hundred day moving average of $537.67. The company has a market cap of $4.76 billion, a PE ratio of 11.02 and a beta of 0.50.

NewMarket Company Profile

NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils.