Minerva Advisors LLC has net portfolio of $162 million as per its recent SEC 13F filing on October 30, 2014 with KapStone Paper and Packaging Corp. (NYSE:KS), Chase Corporation (NYSEMKT:CCF), Navigator Holdings Ltd (NYSE:NVGS) as its top three stock investments. Minerva Advisors LLC has its largest investments in industrial sector and finance companies.
KapStone Paper and Packaging Corp. (NYSE:KS) is the largest stock holding of Minerva Advisors LLC with 619,674 shares of the company at current market value of $17.33 million. KapStone Paper and Packaging Corp. (NYSE:KS) announced net sales of $598 million in its third quarter 2014 with net income of $54 million. Some of the primary investors of KapStone Paper and Packaging Corp. (NYSE:KS) include Perry Capital, D E Shaw, and Jet Capital Investors. (Click here to see a complete list of hedge funds holdings positions in KapStone Paper at the end of the second quarter)
Chase Corporation (NYSEMKT:CCF) comes at number two in the portfolio of Minerva Advisors LLC with investments worth $13.00 million and 417,905 shares of the company. Chase Corporation (NYSEMKT:CCF) announced its financial results for fiscal 2014 ending on August 31, 2014 with net revenues of $224.0 million and net income of $26.6 million. Royce & Associates is the largest investors of Chase Corporation (NYSEMKT:CCF) along with Renaissance Technologies, and GMT Capital.
Navigator Holdings Ltd (NYSE:NVGS) is the third largest stock holding of Minerva Advisors LLC with 175,637 shares of the company at current market value of $4.88 million. Navigator Holdings Ltd (NYSE:NVGS) reported net revenues of $80.6 million for its third quarter 2014 and net income of $23.7 million for the quarter. The seaborne transport company has improved its revenues by 25.5% as compared to the revenues of $64.2 million in the year ago quarter. Similarly, its net income improved by 114.7% as compared to the net income of $11.0 million in the previous year quarter.
This article has been written by Prakash Pandey.