Kensico Capital Management Corp Increased Olin Corp (OLN) Stake by $4.74 Million; Shares Declined

Olin Corporation (NYSE:OLN) Corporate LogoDuring 2018 Q2 the big money sentiment decreased to 1.03. That’s change of 0.06, from 2018Q1’s 1.09. 40 investors sold all, 78 reduced holdings as OLN ratio fall. 82 increased positions while 40 funds took positions. Funds hold 142.52 million shares thus 2.78% more from 2018Q1’s 138.66 million shares. Bank Of America Corporation De holds 0% in Olin Corporation (NYSE:OLN) or 469,499 shs. Envestnet Asset Mgmt has invested 0% in Olin Corporation (NYSE:OLN). Tower Rech Capital Ltd Liability Corporation (Trc) reported 0% of its capital in Olin Corporation (NYSE:OLN). Moreover, Wealthtrust Axiom Limited Liability has 0.48% invested in Olin Corporation (NYSE:OLN). Hbk Invs Lp has 0.03% invested in Olin Corporation (NYSE:OLN). Moneta Advisors Ltd Liability holds 38 shs or 0% of its capital. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems holds 45,134 shs. Hanson Doremus Investment holds 688 shs. Benjamin F Edwards And stated it has 500 shs. Earnest Prns Ltd Liability Corp has 109 shs for 0% of their capital. Signalpoint Asset Mngmt Llc has 22,956 shs. 87 are owned by Tortoise Investment Management Limited Liability Company. Metropolitan Life Insurance Company Ny holds 0% or 48,213 shs. Parametric Associates Ltd Llc reported 166,778 shs. Anchor Bolt Lp, a Illinois-based fund reported 101,221 shs.

According to 2018Q2 SEC filling the Kensico Capital Management Corp increased its holdings in Olin Corp (OLN) by 2.07%. The company’s stock declined 3.62% while stock markets rallied as Kensico Capital Management Corp bought 169,400 shares. The major chemicals company at the end of 2018Q2 was priced at $239.50 million. It’s up from 8.17M at the end of the previous reported quarter. Now it had 8.34 million shares held by the hedge fund . Kensico Capital Management Corp has cut its stake in Liberty Media Corp Delaware and also reduced its holding in Constellation Brands Inc (NYSE:STZ) by 36,800 shares in the quarter, for a total of 4.28M shares.

Olin Corporation (NYSE:OLN) Ratings Coverage

A total of 6 analysts rate Olin Corp (NYSE:OLN) as follows: 3 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NYSE:OLN) has 9 ratings reports on 10 Nov 2018 according to StockzIntelligence. On Monday, October 15 the rating was maintained by Nomura with “Neutral”. In Wednesday, October 31 report Nomura maintained it with “Neutral” rating and $27 target. The company rating was maintained by Barclays Capital on Wednesday, October 31. On Wednesday, July 11 the stock of Olin Corporation (NYSE:OLN) earned “Buy” rating by Citigroup. On Monday, June 11 the rating was downgraded by RBC Capital Markets to “Hold”. In Thursday, November 1 report Citigroup maintained it with “Buy” rating and $26 target. On Thursday, August 2 the stock has “Positive” rating by Susquehanna.

Olin Corporation (NYSE:OLN) Institutional Investors Chart

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