Yousif Capital Management LLC Has $520,000 Stock Position in Stepan (NYSE:SCL)

Yousif Capital Management LLC decreased its position in shares of Stepan (NYSE:SCL) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,037 shares of the basic materials company’s stock after selling 225 shares during the period. Yousif Capital Management LLC’s holdings in Stepan were worth $520,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. State Street Corp boosted its position in Stepan by 1.5% during the third quarter. State Street Corp now owns 1,195,187 shares of the basic materials company’s stock valued at $92,328,000 after purchasing an additional 17,530 shares during the last quarter. Geode Capital Management LLC boosted its position in Stepan by 1.0% during the third quarter. Geode Capital Management LLC now owns 486,976 shares of the basic materials company’s stock valued at $37,626,000 after purchasing an additional 4,777 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Stepan by 5.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 374,220 shares of the basic materials company’s stock valued at $28,908,000 after purchasing an additional 18,854 shares during the last quarter. Southernsun Asset Management LLC boosted its position in Stepan by 11.0% during the third quarter. Southernsun Asset Management LLC now owns 309,447 shares of the basic materials company’s stock valued at $23,905,000 after purchasing an additional 30,703 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Stepan by 19.8% during the third quarter. JPMorgan Chase & Co. now owns 142,790 shares of the basic materials company’s stock valued at $11,031,000 after buying an additional 23,626 shares in the last quarter. Institutional investors and hedge funds own 82.70% of the company’s stock.

Stepan Price Performance

NYSE SCL opened at $61.69 on Monday. Stepan has a fifty-two week low of $59.70 and a fifty-two week high of $94.76. The stock’s 50-day moving average is $65.20 and its two-hundred day moving average is $71.74. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.27 and a quick ratio of 0.86. The firm has a market cap of $1.39 billion, a P/E ratio of 30.69 and a beta of 0.84.

Analysts Set New Price Targets

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

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.