Robeco Institutional Asset Management B.V. Has $13.79 Million Holdings in NewMarket Co. (NYSE:NEU)

Robeco Institutional Asset Management B.V. reduced its position in NewMarket Co. (NYSE:NEU) by 25.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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.’s holdings in NewMarket were worth $13,786,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of NEU. Blue Trust Inc. increased its position in NewMarket by 590.9% in the 3rd quarter. Blue Trust Inc. now owns 76 shares of the specialty chemicals company’s stock worth $39,000 after purchasing an additional 65 shares during the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of NewMarket during the 4th quarter valued at about $40,000. GAMMA Investing LLC increased its holdings in shares of NewMarket by 95.5% during the 3rd quarter. GAMMA Investing LLC now owns 215 shares of the specialty chemicals company’s stock valued at $119,000 after acquiring an additional 105 shares during the last quarter. CENTRAL TRUST Co increased its holdings in shares of NewMarket by 36.9% during the 3rd quarter. CENTRAL TRUST Co now owns 219 shares of the specialty chemicals company’s stock valued at $121,000 after acquiring an additional 59 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in shares of NewMarket during the 4th quarter valued at about $159,000. 61.09% of the stock is owned by institutional investors and hedge funds.

NewMarket Stock Performance

Shares of NYSE NEU opened at $498.67 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.50 and a current ratio of 2.83. The firm has a market cap of $4.79 billion, a price-to-earnings ratio of 11.07 and a beta of 0.50. The business’s 50-day simple moving average is $518.60 and its 200-day simple moving average is $536.45. NewMarket Co. has a 52 week low of $480.00 and a 52 week high of $650.00.

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.