ChampionX Co. (NASDAQ:CHX) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. lessened its holdings in shares of ChampionX Co. (NASDAQ:CHX - Free Report) by 90.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,015 shares of the company's stock after selling 27,823 shares during the period. Hantz Financial Services Inc.'s holdings in ChampionX were worth $82,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Blue Trust Inc. grew its holdings in shares of ChampionX by 442.4% in the third quarter. Blue Trust Inc. now owns 1,329 shares of the company's stock valued at $44,000 after purchasing an additional 1,084 shares during the period. UMB Bank n.a. boosted its holdings in ChampionX by 63.7% in the 3rd quarter. UMB Bank n.a. now owns 2,266 shares of the company's stock valued at $68,000 after purchasing an additional 882 shares during the last quarter. R Squared Ltd purchased a new stake in shares of ChampionX in the 4th quarter valued at approximately $103,000. KBC Group NV increased its holdings in shares of ChampionX by 18.3% during the 3rd quarter. KBC Group NV now owns 5,827 shares of the company's stock worth $176,000 after buying an additional 903 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in shares of ChampionX during the 3rd quarter valued at approximately $265,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

ChampionX Stock Down 0.6 %

Shares of CHX traded down $0.18 during mid-day trading on Wednesday, reaching $29.12. The company's stock had a trading volume of 3,560,224 shares, compared to its average volume of 3,073,475. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.94 and a quick ratio of 1.20. ChampionX Co. has a 12-month low of $25.57 and a 12-month high of $39.95. The stock has a market cap of $5.55 billion, a PE ratio of 18.09 and a beta of 2.35. The company's 50 day moving average is $28.57 and its 200 day moving average is $30.06.

ChampionX (NASDAQ:CHX - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.03. ChampionX had a net margin of 8.59% and a return on equity of 19.74%. Equities analysts anticipate that ChampionX Co. will post 1.71 EPS for the current fiscal year.

ChampionX Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 3rd were given a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.30%. The ex-dividend date was Friday, January 3rd. ChampionX's payout ratio is 23.60%.

Analyst Ratings Changes

Separately, Citigroup dropped their price target on shares of ChampionX from $45.00 to $40.00 and set a "buy" rating for the company in a research report on Thursday, November 14th.

ChampionX Profile

ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies.