NewMarket Co. (NYSE:NEU) Stock Holdings Boosted by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its position in NewMarket Co. (NYSE:NEU) by 1.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 198,065 shares of the specialty chemicals company’s stock after buying an additional 2,493 shares during the period. Pacer Advisors Inc. owned approximately 2.06% of NewMarket worth $104,648,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. KBC Group NV grew its holdings in NewMarket by 82.4% during the fourth quarter. KBC Group NV now owns 321 shares of the specialty chemicals company’s stock worth $170,000 after acquiring an additional 145 shares during the period. Blue Trust Inc. grew its stake in shares of NewMarket by 55.3% in the 4th quarter. Blue Trust Inc. now owns 118 shares of the specialty chemicals company’s stock worth $65,000 after purchasing an additional 42 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of NewMarket by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,398 shares of the specialty chemicals company’s stock worth $739,000 after purchasing an additional 35 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of NewMarket in the 4th quarter worth approximately $252,000. Finally, Park Avenue Securities LLC lifted its stake in NewMarket by 15.6% during the fourth quarter. Park Avenue Securities LLC now owns 1,269 shares of the specialty chemicals company’s stock valued at $670,000 after purchasing an additional 171 shares during the last quarter. Institutional investors and hedge funds own 61.09% of the company’s stock.

NewMarket Trading Down 0.3 %

NewMarket stock opened at $496.23 on Monday. NewMarket Co. has a 1 year low of $480.00 and a 1 year high of $650.00. The firm’s 50 day moving average price is $522.45 and its two-hundred day moving average price is $537.67. The firm has a market cap of $4.76 billion, a price-to-earnings ratio of 11.02 and a beta of 0.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.50 and a current ratio of 2.83.

About NewMarket

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.