Jefferies May Have Just Upped Their Stakes in W.R. Grace (NYSE:GRA)

May 16, 2018 - By Stephen Andrade

W. R. Grace & Co. (NYSE:GRA) Logo

Investors sentiment increased to 1.34 in Q4 2017. Its up 0.13, from 1.21 in 2017Q3. It increased, as 24 investors sold W. R. Grace & Co. shares while 68 reduced holdings. 37 funds opened positions while 86 raised stakes. 56.69 million shares or 0.57% more from 56.37 million shares in 2017Q3 were reported.

Nelson Van Denburg And Campbell Wealth Mgmt Ltd Limited Liability Company holds 3,760 shares or 0.06% of its portfolio. Geode Mgmt Llc holds 536,690 shares. Lorber David A holds 0.23% or 1,257 shares. Deprince Race Zollo has 0.04% invested in W. R. Grace & Co. (NYSE:GRA). Brown Advisory has 0% invested in W. R. Grace & Co. (NYSE:GRA) for 10,585 shares. Apg Asset Mngmt Nv accumulated 0.03% or 235,941 shares. Adage Capital Prtnrs Group Ltd Liability accumulated 0.15% or 970,319 shares. California State Teachers Retirement has 0.02% invested in W. R. Grace & Co. (NYSE:GRA). Cubist Systematic Strategies Limited Liability Company holds 16,612 shares. Macquarie Group Incorporated holds 96,100 shares or 0.01% of its portfolio. Principal Group has invested 0% in W. R. Grace & Co. (NYSE:GRA). Bronson Point Management Limited Liability Corporation invested in 0.74% or 40,000 shares. Point72 Asset Mngmt Lp invested 0.05% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Castleark Llc holds 48,745 shares. Deutsche Bancorp Ag holds 0.02% or 422,481 shares.

Since February 13, 2018, it had 3 insider buys, and 0 selling transactions for $660,474 activity. Another trade for 1,000 shares valued at $65,758 was bought by Cole Keith N. On Friday, February 16 Brown Elizabeth C bought $248,520 worth of W. R. Grace & Co. (NYSE:GRA) or 3,700 shares.

W.R. Grace (NYSE:GRA) Stock Upgrade

Shares of W.R. Grace (NYSE:GRA) were upgraded by stock research analysts at Jefferies from a “Hold” rating to a solid “Buy” rating via an analyst note issued to investors and clients on Wednesday morning.

W. R. Grace & Co. (NYSE:GRA) Ratings Coverage

Among 6 analysts covering WR Grace (NYSE:GRA), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. WR Grace has $88.0 highest and $76.0 lowest target. $82.50’s average target is 14.46% above currents $72.08 stock price. WR Grace had 10 analyst reports since January 15, 2018 according to SRatingsIntel. The firm has “Buy” rating by Credit Suisse given on Wednesday, April 11. KeyBanc Capital Markets maintained W. R. Grace & Co. (NYSE:GRA) on Friday, February 9 with “Buy” rating. The firm earned “Buy” rating on Thursday, April 26 by UBS. The company was maintained on Thursday, April 26 by KeyBanc Capital Markets. The stock has “Buy” rating by Robert W. Baird on Friday, February 9. On Monday, January 15 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The firm earned “Buy” rating on Wednesday, April 25 by BMO Capital Markets. The firm has “Buy” rating given on Tuesday, April 17 by Robert W. Baird. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Buy” rating by BMO Capital Markets on Tuesday, March 27. Seaport Global maintained the stock with “Buy” rating in Monday, February 12 report.

The stock increased 1.32% or $0.94 during the last trading session, reaching $72.08. About 894,882 shares traded. W. R. Grace & Co. (NYSE:GRA) has declined 11.43% since May 17, 2017 and is downtrending. It has underperformed by 22.98% the S&P500.

Analysts await W. R. Grace & Co. (NYSE:GRA) to report earnings on July, 26. They expect $0.95 EPS, up 13.10 % or $0.11 from last year’s $0.84 per share. GRA’s profit will be $63.94 million for 18.97 P/E if the $0.95 EPS becomes a reality. After $0.82 actual EPS reported by W. R. Grace & Co. for the previous quarter, Wall Street now forecasts 15.85 % EPS growth.

W. R. Grace & Co. produces and sells specialty chemicals and materials worldwide. The company has market cap of $4.85 billion. It operates through two divisions, Grace Catalysts Technologies and Grace Materials Technologies. It has a 450.5 P/E ratio. The Grace Catalysts Technologies segment offers fluid catalytic cracking catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and other petroleum products; FCC additives; and hydro processing catalysts used in process reactors to upgrade heavy oils into lighter products.

More notable recent W. R. Grace & Co. (NYSE:GRA) news were published by: Globenewswire.com which released: “Grace to Present at Goldman Sachs Basic Materials Conference 2018” on May 07, 2018, also Globenewswire.com with their article: “Grace Announces Quarterly Dividend” published on April 25, 2018, Globenewswire.com published: “Grace Appoints Jeremy Rohen Vice President, Corporate Development and Investor Relations” on April 26, 2018. More interesting news about W. R. Grace & Co. (NYSE:GRA) were released by: Globenewswire.com and their article: “Grace Licenses UNIPOLĀ® PP Process Technology to Inter Pipeline” published on April 24, 2018 as well as Globenewswire.com‘s news article titled: “Grace Announces Surcharge on FCC SOx Reduction Additives” with publication date: April 26, 2018.

W. R. Grace & Co. (NYSE:GRA) Institutional Positions Chart

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