Robeco Institutional Asset Management B.V. Sells 8,901 Shares of NewMarket Co. (NYSE:NEU)

Robeco Institutional Asset Management B.V. trimmed its holdings in shares of NewMarket Co. (NYSE:NEU - Free Report) by 25.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,093 shares of the specialty chemicals company's stock after selling 8,901 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.27% of NewMarket worth $13,786,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of NEU. State Street Corp increased its holdings in shares of NewMarket by 4.1% in the 3rd quarter. State Street Corp now owns 229,372 shares of the specialty chemicals company's stock valued at $127,132,000 after purchasing an additional 8,979 shares during the period. Pacer Advisors Inc. grew its position in NewMarket by 1.3% during the fourth quarter. Pacer Advisors Inc. now owns 198,065 shares of the specialty chemicals company's stock valued at $104,648,000 after purchasing an additional 2,493 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in NewMarket by 0.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 170,893 shares of the specialty chemicals company's stock valued at $94,314,000 after buying an additional 537 shares during the period. Charles Schwab Investment Management Inc. lifted its position in NewMarket by 10.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 78,746 shares of the specialty chemicals company's stock worth $43,459,000 after buying an additional 7,719 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of NewMarket by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 50,585 shares of the specialty chemicals company's stock valued at $27,917,000 after buying an additional 722 shares during the period. 61.09% of the stock is owned by hedge funds and other institutional investors.

NewMarket Stock Up 4.5 %

Shares of NYSE NEU traded up $21.81 during mid-day trading on Tuesday, reaching $506.50. The company had a trading volume of 46,398 shares, compared to its average volume of 33,095. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.50 and a current ratio of 2.83. NewMarket Co. has a twelve month low of $480.00 and a twelve month high of $650.00. The stock's 50 day moving average is $516.67 and its 200-day moving average is $535.56. The stock has a market capitalization of $4.86 billion, a PE ratio of 11.25 and a beta of 0.48.

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

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.