Materion Co. (NYSE:MTRN) Shares Purchased by Consolidated Planning Corp

Consolidated Planning Corp raised its holdings in Materion Co. (NYSE:MTRN) by 65.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,451 shares of the basic materials company’s stock after acquiring an additional 1,760 shares during the quarter. Consolidated Planning Corp’s holdings in Materion were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of Materion by 307.8% in the 4th quarter. GAMMA Investing LLC now owns 261 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 197 shares in the last quarter. Quest Partners LLC increased its holdings in shares of Materion by 118.7% in the third quarter. Quest Partners LLC now owns 562 shares of the basic materials company’s stock valued at $63,000 after buying an additional 305 shares in the last quarter. ARK Investment Management LLC acquired a new stake in shares of Materion during the 3rd quarter valued at $85,000. KBC Group NV boosted its stake in shares of Materion by 54.5% during the 4th quarter. KBC Group NV now owns 882 shares of the basic materials company’s stock worth $87,000 after acquiring an additional 311 shares in the last quarter. Finally, Centiva Capital LP acquired a new position in shares of Materion in the 3rd quarter worth $259,000. Institutional investors own 93.56% of the company’s stock.

Insider Transactions at Materion

In other news, CFO Shelly Marie Chadwick sold 1,000 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $115.92, for a total value of $115,920.00. Following the completion of the sale, the chief financial officer now owns 13,200 shares of the company’s stock, valued at $1,530,144. This trade represents a 7.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 2.30% of the stock is currently owned by insiders.

Materion Trading Up 1.3 %

Shares of NYSE MTRN opened at $99.25 on Friday. The business has a fifty day simple moving average of $101.59 and a 200-day simple moving average of $107.35. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 27.96 and a beta of 1.23. Materion Co. has a 12 month low of $93.20 and a 12 month high of $145.08. The company has a quick ratio of 1.26, a current ratio of 3.15 and a debt-to-equity ratio of 0.51.

Materion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 20th will be given a $0.135 dividend. This represents a $0.54 annualized dividend and a dividend yield of 0.54%. The ex-dividend date is Thursday, February 20th. Materion’s dividend payout ratio (DPR) is currently 15.21%.

About Materion

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.