2 weeks Ago By Defense World Staff
Rhumbline Advisers decreased its position in shares of Origin Materials, Inc. ( NASDAQ:ORGN – Free Report ) by 65.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 59,049 shares of the financial services provider’s stock after selling 111,213 shares during the quarter. Rhumbline Advisers’ holdings in Origin Materials were worth $53,000 as of its most recent SEC filing. A number of other large investors have also recently bought and sold shares of the company.
BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in Origin Materials by 12.
3% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.
now owns 1,853,083 shares of the financial services provider’s stock worth $945,000 after buying an additional 203,099 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Origin Materials by 0.
8% in the first quarter. Vanguard Group Inc. now owns 5,899,099 shares of the financial services provider’s stock valued at $3,009,000 after purchasing an additional 48,889 shares during the last quarter.
Acadian Asset Management LLC grew its position in Origin Materials by 92.5% during the 1st quarter. Acadian Asset Management LLC now owns 823,455 shares of the financial services provider’s stock worth $418,000 after purchasing an additional 395,588 shares during the period.
Janus Henderson Group PLC grew its position in Origin Materials by 28.1% during the 1st quarter. Janus Henderson Group PLC now owns 240,378 shares of the financial services provider’s stock worth $123,000 after purchasing an additional 52,701 shares during the period.
Finally, Moss Adams Wealth Advisors LLC purchased a new position in shares of Origin Materials during the 2nd quarter valued at about $45,000. Hedge funds and other institutional investors own 29.91% of the company’s stock.
Origin Materials Trading Down 4.9 % Origin Materials stock opened at $1.54 on Tuesday.
The firm has a market cap of $226.41 million, a PE ratio of -154,000.00 and a beta of 0.
99. Origin Materials, Inc. has a 12 month low of $0.
44 and a 12 month high of $1.90. The stock’s 50 day simple moving average is $1.
30 and its two-hundred day simple moving average is $1.01. The company has a current ratio of 13.
57, a quick ratio of 13.48 and a debt-to-equity ratio of 0.01.
Wall Street Analyst Weigh In Separately, Bank of America upgraded Origin Materials from a “neutral” rating to a “buy” rating and upped their target price for the stock from $1.35 to $3.00 in a research note on Friday, August 16th.
View Our Latest Stock Analysis on Origin Materials About Origin Materials ( Free Report ) Origin Materials, Inc, together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products. Further Reading Five stocks we like better than Origin Materials Russell 2000 Index, How Investors Use it For Profitable Trading TJX Stock: A Buying Opportunity Before the Holiday Rush Insider Buying Explained: What Investors Need to Know Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge What Are Dividend Challengers? Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Want to see what other hedge funds are holding ORGN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Origin Materials, Inc. ( NASDAQ:ORGN – Free Report ). Receive News & Ratings for Origin Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Origin Materials and related companies with MarketBeat.
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