Materion Co. (NYSE:MTRN) CFO Sells $81,498.20 in Stock

Materion Co. (NYSE:MTRN - Get Free Report) CFO Shelly Marie Chadwick sold 805 shares of the company's stock in a transaction on Friday, January 31st. The shares were sold at an average price of $101.24, for a total transaction of $81,498.20. Following the sale, the chief financial officer now owns 14,632 shares of the company's stock, valued at $1,481,343.68. The trade was a 5.21 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shelly Marie Chadwick also recently made the following trade(s):

• On Friday, November 29th, Shelly Marie Chadwick sold 1,000 shares of Materion stock. The stock was sold at an average price of $115.92, for a total transaction of $115,920.00.

Materion Trading Down 2.9 %

MTRN stock traded down $2.91 during midday trading on Friday, hitting $99.18. 79,094 shares of the company's stock were exchanged, compared to its average volume of 80,609. Materion Co. has a one year low of $93.20 and a one year high of $145.08. The stock's fifty day moving average price is $102.79 and its 200-day moving average price is $107.79. The company has a market cap of $2.06 billion, a PE ratio of 27.94 and a beta of 1.23. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.26 and a current ratio of 3.15.

Materion Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 20th will be issued a $0.135 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 0.54%. Materion's dividend payout ratio (DPR) is presently 15.21%.

Institutional Investors Weigh In On Materion

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MTRN. Mountaineer Partners Management LLC increased its position in Materion by 9,463.5% during the third quarter. Mountaineer Partners Management LLC now owns 9,147,463 shares of the basic materials company's stock worth $1,023,235,000 after buying an additional 9,051,813 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its stake in shares of Materion by 3.7% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 625,767 shares of the basic materials company's stock worth $61,876,000 after acquiring an additional 22,322 shares during the period. Geode Capital Management LLC increased its holdings in shares of Materion by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 466,972 shares of the basic materials company's stock worth $52,246,000 after acquiring an additional 2,953 shares during the last quarter. Copeland Capital Management LLC raised its stake in Materion by 2.2% in the 4th quarter. Copeland Capital Management LLC now owns 412,795 shares of the basic materials company's stock valued at $40,817,000 after acquiring an additional 8,842 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Materion by 4.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 264,197 shares of the basic materials company's stock valued at $26,124,000 after purchasing an additional 11,212 shares during the last quarter. 93.56% of the stock is currently owned by institutional investors and hedge funds.

Materion Company Profile

Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.