Marshall Wace LLP acquired a new position in Platform Specialty Products Corp (NYSE:PAH) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 132,444 shares of the specialty chemicals company’s stock, valued at approximately $1,338,000.
Several other institutional investors have also added to or reduced their stakes in PAH. Alphasimplex Group LLC lifted its stake in Platform Specialty Products by 3.7% in the first quarter. Alphasimplex Group LLC now owns 105,975 shares of the specialty chemicals company’s stock valued at $1,070,000 after buying an additional 3,797 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its stake in Platform Specialty Products by 8.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 4,398,285 shares of the specialty chemicals company’s stock valued at $44,423,000 after buying an additional 337,100 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Platform Specialty Products in the first quarter valued at $1,426,000. AlphaCrest Capital Management LLC bought a new stake in Platform Specialty Products in the first quarter valued at $1,362,000. Finally, Oak Grove Capital LLC bought a new stake in Platform Specialty Products in the first quarter valued at $1,066,000. Institutional investors and hedge funds own 94.50% of the company’s stock.
The company has a quick ratio of 2.00, a current ratio of 2.19 and a debt-to-equity ratio of 2.55. The company has a market capitalization of $3.16 billion, a P/E ratio of 12.86, a PEG ratio of 4.42 and a beta of 2.59. Platform Specialty Products Corp has a one year low of $9.09 and a one year high of $13.54. The business has a 50-day simple moving average of $10.57.
Platform Specialty Products Corp. engages in the provision of technology chemical products and technical services. It operates its business through the Performance Solutions and Agricultural Solutions segments. The Performance Solutions segment formulates and markets chemistry solutions that are used in production, commercial packaging and printing, electronics, and oil and gas production and drilling.
Receive News & Ratings for Platform Specialty Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Platform Specialty Products and related companies with MarketBeat.com's FREE daily email newsletter.