W.R. Grace (NYSE:GRA) Is Now Covered By BB&T Capital Mkts. What’s Next?


How BB&T Capital Mkts Currently Rates W.R. Grace (NYSE:GRA)

In a note made public on 10 December, BB&T Capital Mkts analyst just started coverage of W.R. Grace (NYSE:GRA) with Hold rating.

From a total of 11 analysts covering W. R. Grace & Co (NYSE:GRA) stock, 9 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 82% of the ratings are positive. W. R. Grace & Co was the topic of 2 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Cantor Fitzgerald initiated shares on November 30 with “Hold” rating.

Approximately 13,227 shares of stock traded hands. W. R. Grace & Co (NYSE:GRA) has declined 0.91% since May 7, 2015 and is downtrending. It has outperformed by 1.03% the S&P500.

The overall sentiment of institutions has increased to 1.15 in Q2 2015. Its up 0.30, from 0.85 in 2015Q2. The ratio is positive, as 22 institutions have sold all the shares of W. R. Grace & Co that they owned while 72 funds have taken shares off the table. 36 funds have purchased shares for the first time while 72 added to their positions. These institutions now hold 69.04 million shares or 11.73% more than the 61.79 million shares they owned in 2015Q2.

The Fund 40 North Management Llc currently is holding shares equating to 16.33% of its total portfolio in W. R. Grace & Co representing a total of 2.48 million shares. Another fund,Seatown Holdings Pte. Ltd., is holding a total of 358,875 shares equating to 6.5% of their holdings. Additionally, Chilton Investment Co Llc has a 1.95 million share stake in W. R. Grace & Co which represents 6.46% of their total portfolio. The Fund, Hoplite Capital Management L.P., based out of New York, has also built up a stake in the stock, which represents a total of 5.71% of their total portfolio. Finally Monroe Hall Asset Management Llc, a fund which is based in the state of New York reported a total holdings of 120,000 shares.

Insider activity is a very important aspect to track on any stock. Going back to March 9, 2015, shareholders of W. R. Grace & Co have witnessed 0 insider purchases, and a total of 1 insider sale equating to a net activity of approximately $1.76 million . La Force Andrew Hudson Iii sold 17,000 shares worth approximately $1.76M. Shelnitz Mark A sold 42,000 shares worth approximately $4.08 million. Gulyas Diane H. bought 2,000 shares worth approximately $196,564.

W.R. Grace & Co. is engaged in the production and sale of specialty chemicals and specialty materials on a global basis. The company has a market cap of $6.71 billion. The Firm operates in three divisions: Grace Catalysts Technologies, which includes catalysts and related products and refining, petrochemical and other chemical manufacturing technologies; Grace Materials Technologies, which includes packaging technologies and engineered materials, and Grace Construction Products, which includes specialty construction chemicals and specialty building materials. It has 49.98 P/E ratio.

According to Zacks Investment Research, “W. R. Grace & Co. produces specialty chemicals. They primarily operate through the following two business segments: Davison Chemicals and Performance Chemicals. Davison Chemicals manufactures catalysts (fluid cracking, hydroprocessing and polyolein) and silica and zeolite absorbents. Performance Chemicals produces specialty construction and building materials, along with container and closure sealants.” Get a free copy of the Zacks research report on W. R. Grace & Co (GRA).