Paradice Investment Management buys $52,601,871 stake in Chemtura Corp (CHMT)

Chemtura Corp (CHMT) : Paradice Investment Management scooped up 182,092 additional shares in Chemtura Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 1,767,536 shares of Chemtura Corp which is valued at $52,601,871.Chemtura Corp makes up approximately 5.81% of Paradice Investment Management’s portfolio.

Other Hedge Funds, Including , Acrospire Investment Management reduced its stake in CHMT by selling 1,700 shares or 73.69% in the most recent quarter. The Hedge Fund company now holds 607 shares of CHMT which is valued at $17,330. Chemtura Corp makes up approx 0.01% of Acrospire Investment Management’s portfolio.Wall Street Access Asset Management boosted its stake in CHMT in the latest quarter, The investment management firm added 1,600 additional shares and now holds a total of 85,150 shares of Chemtura Corp which is valued at $2,418,260. Chemtura Corp makes up approx 1.42% of Wall Street Access Asset Management’s portfolio.Sg Americas Securities boosted its stake in CHMT in the latest quarter, The investment management firm added 8,754 additional shares and now holds a total of 18,889 shares of Chemtura Corp which is valued at $536,448.Emerald Advisers Incpa reduced its stake in CHMT by selling 380 shares or 1.34% in the most recent quarter. The Hedge Fund company now holds 27,950 shares of CHMT which is valued at $785,116. Chemtura Corp makes up approx 0.04% of Emerald Advisers Incpa’s portfolio. Capital Fund Management S.a. added CHMT to its portfolio by purchasing 11,800 company shares during the most recent quarter which is valued at $327,568. Chemtura Corp makes up approx 0.01% of Capital Fund Management S.a.’s portfolio.

Chemtura Corp opened for trading at $30.89 and hit $31.3 on the upside on Wednesday, eventually ending the session at $30.94, with a gain of 0.06% or 0.02 points. The heightened volatility saw the trading volume jump to 3,96,436 shares. Company has a market cap of $1,956 M.

On the company’s financial health, Chemtura Corp reported $0.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.46. The company had revenue of $441.00 million for the quarter, compared to analysts expectations of $451.50 million. The company’s revenue was down -5.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.29 EPS.

Chemtura Corporation (Chemtura) is a global developer manufacturer and marketer of engineered industrial specialty chemicals. The Company’s products are sold to industrial manufacturing customers for use as additives ingredients or intermediates that add value to their end products. The Company operates in two segments: Industrial Performance Products and Industrial Engineered Products. Its Industrial Performance Products segment is a global manufacturer and marketer of lubricant additive components synthetic lubricant base-stocks synthetic finished fluids calcium sulfonate specialty greases and phosphate and polyester-based fluids and also engaged in the development and production of hot cast elastomer pre-polymers. Its Industrial Engineered Products segment is a global developer and manufacturer of bromine and bromine-based products and organometallic compounds. Its operations are located in North America Latin America Europe and Asia.

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