GHP Investment Advisors Inc. Has $27,000 Stock Holdings in NewMarket Co. (NYSE:NEU)

GHP Investment Advisors Inc. reduced its position in NewMarket Co. (NYSE:NEU) by 46.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 52 shares of the specialty chemicals company’s stock after selling 46 shares during the period. GHP Investment Advisors Inc.’s holdings in NewMarket were worth $27,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Natixis Advisors LLC lifted its position in shares of NewMarket by 19.4% in the third quarter. Natixis Advisors LLC now owns 17,254 shares of the specialty chemicals company’s stock valued at $9,522,000 after buying an additional 2,807 shares during the last quarter. Barclays PLC raised its stake in NewMarket by 34.5% in the 3rd quarter. Barclays PLC now owns 4,813 shares of the specialty chemicals company’s stock valued at $2,656,000 after acquiring an additional 1,235 shares during the period. Van ECK Associates Corp lifted its holdings in NewMarket by 40.0% during the 3rd quarter. Van ECK Associates Corp now owns 5,119 shares of the specialty chemicals company’s stock valued at $2,655,000 after purchasing an additional 1,463 shares during the last quarter. JPMorgan Chase & Co. boosted its position in NewMarket by 1.4% during the third quarter. JPMorgan Chase & Co. now owns 50,585 shares of the specialty chemicals company’s stock worth $27,917,000 after purchasing an additional 722 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in shares of NewMarket by 13.6% in the third quarter. Victory Capital Management Inc. now owns 20,284 shares of the specialty chemicals company’s stock valued at $11,195,000 after purchasing an additional 2,436 shares during the last quarter. Institutional investors own 61.09% of the company’s stock.

NewMarket Price Performance

Shares of NEU opened at $515.03 on Friday. The company’s 50-day moving average is $515.54 and its 200-day moving average is $535.25. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.83 and a quick ratio of 1.50. The firm has a market capitalization of $4.94 billion, a PE ratio of 11.44 and a beta of 0.48. NewMarket Co. has a fifty-two week low of $480.00 and a fifty-two week high of $650.00.

NewMarket (NYSE:NEU) last released its quarterly earnings results on Monday, February 3rd. The specialty chemicals company reported $11.56 earnings per share for the quarter. NewMarket had a net margin of 15.57% and a return on equity of 35.79%.

NewMarket 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.