Will Investors Now Buy W.R. Grace (GRA) Stock Following Today’s, Jefferies Upgrades?

May 16, 2018 - By Adrian Mccoy

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

Investors sentiment increased to 1.34 in 2017 Q4. 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.

Old Mutual (Uk) has 41,652 shares for 0.03% of their portfolio. Raymond James Fincl Advisors Inc stated it has 0.11% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Citadel Advisors Lc holds 373,175 shares or 0.02% of its portfolio. Suntrust Banks Incorporated holds 0.03% or 78,742 shares in its portfolio. Principal Financial Gru Inc holds 9,416 shares. Prelude Ltd Liability Corp owns 2 shares. The Maryland-based Price T Rowe Associates Inc Md has invested 0% in W. R. Grace & Co. (NYSE:GRA). Guggenheim Cap Lc holds 0% or 12,179 shares in its portfolio. Capstone Investment Advsr Lc reported 10,500 shares. 6,600 are held by Cullinan Assoc. Schwab Charles Invest Mngmt reported 304,378 shares stake. Stanley holds 1.19% in W. R. Grace & Co. (NYSE:GRA) or 78,592 shares. Westpac Banking holds 0.01% or 5,887 shares in its portfolio. Geode Mngmt Limited has invested 0.01% in W. R. Grace & Co. (NYSE:GRA). Moreover, Castleark Ltd Company has 0.1% invested in W. R. Grace & Co. (NYSE:GRA).

Since February 13, 2018, it had 3 insider buys, and 0 sales for $660,474 activity. Blaser Thomas E bought $346,196 worth of W. R. Grace & Co. (NYSE:GRA) on Tuesday, February 13. 1,000 shares were bought by Cole Keith N, worth $65,758 on Wednesday, February 14.

W.R. Grace (GRA) Stock Upgrade

W.R. Grace (GRA) was increased by Jefferies from a “Hold” rating to a solid “Buy” rating in analysts note issued to clients on Wednesday morning.

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. (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 earnings per share, up 13.10 % or $0.11 from last year’s $0.84 per share. GRA’s profit will be $63.94M for 18.97 P/E if the $0.95 EPS becomes a reality. After $0.82 actual earnings per share 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: Seekingalpha.com which released: “WR Grace & Co. (GRA) Q1 2018 Results – Earnings Call Transcript” on April 25, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For May 16, 2018” published on May 16, 2018, Globenewswire.com published: “Grace Board Elects Yanai Independent Director” on May 09, 2018. More interesting news about W. R. Grace & Co. (NYSE:GRA) were released by: Globenewswire.com and their article: “Grace Announces Surcharge on FCC SOx Reduction Additives” published on April 26, 2018 as well as Globenewswire.com‘s news article titled: “Grace Announces Departure of CFO and Appointment of Interim CFO” with publication date: May 14, 2018.

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

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