W.R. Grace & Co. (NYSE:GRA) is expected to pay $0.17 on Dec 8, 2016. The indicated annual dividend is $0.68. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on W.R. Grace & Co.’s current price of $69.25, the dividend is 0.25%. This dividend’s record date is Nov 17, 2016 and the announcement date is Oct 26, 2016. The stock decreased 0.93% or $0.65 on November 11, hitting $69.25. W. R. Grace & Co (NYSE:GRA) has declined 7.44% since April 12, 2016 and is downtrending. It has underperformed by 12.43% the S&P500.
W.R. Grace & Co. is engaged in the production and sale of specialty chemicals and specialty materials. The company has a market cap of $4.81 billion. The Firm operates in three divisions: Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products. It has a 44.61 P/E ratio. The Company’s Grace Catalysts Technologies segment produces and sells catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications, including Fluid catalytic cracking catalysts, Hydroprocessing catalysts, and Polyolefin catalysts and catalyst supports.
Insitutional Activity: The institutional sentiment decreased to 1.23 in 2016 Q2. Its down 0.24, from 1.47 in 2016Q1. The ratio is negative, as 30 funds sold all W. R. Grace & Co shares owned while 81 reduced positions. 42 funds bought stakes while 94 increased positions. They now own 58.59 million shares or 1.18% less from 59.29 million shares in 2016Q1.
Moreover, Hbk Investments Limited Partnership has 0.03% invested in W. R. Grace & Co (NYSE:GRA) for 52,613 shares. Guardian accumulated 0% or 59 shares. Creative Planning, a Kansas-based fund reported 574 shares. Hudock Group has 971 shares for 0.04% of their US portfolio. Aqr Cap Mgmt Limited Liability Com, a Connecticut-based fund reported 360,214 shares. Blackrock Institutional Tru Com Na last reported 1.80 million shares in the company. Blackrock Grp Inc Ltd holds 0.01% or 256,414 shares in its portfolio. Victory Capital has 819,153 shares for 0.24% of their US portfolio. Colony Grp Lc has invested 0.22% of its portfolio in W. R. Grace & Co (NYSE:GRA). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment accumulated 0.03% or 33,670 shares. Alyeska Invest Gru Limited Partnership, a Illinois-based fund reported 706,880 shares. Oxford Asset Mngmt holds 0.28% of its portfolio in W. R. Grace & Co (NYSE:GRA) for 90,312 shares. Lorber David A holds 2,072 shares or 0.96% of its portfolio. Hutchin Hill Capital Limited Partnership has 16,300 shares for 0.04% of their US portfolio. Cornerstone Advsrs reported 104 shares or 0.01% of all its holdings.
Insider Transactions: Since November 3, 2016, the stock had 0 insider purchases, and 1 sale for $5.50 million net activity. FESTA ALFRED E had sold 80,561 shares worth $5.50M.
W. R. Grace & Co (NYSE:GRA) Ratings Coverage
Out of 9 analysts covering W. R. Grace & Co (NYSE:GRA), 5 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 56% are positive. W. R. Grace & Co has been the topic of 11 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Monness Crespi maintained W. R. Grace & Co (NYSE:GRA) rating on Thursday, April 28. Monness Crespi has “Buy” rating and $86 price target. The firm earned “Hold” rating on Thursday, December 10 by BB&T Capital. The stock of W. R. Grace & Co (NYSE:GRA) has “Neutral” rating given on Monday, March 14 by Goldman Sachs. The stock has “Buy” rating given by Goldman Sachs on Wednesday, January 27. The stock has “Neutral” rating given by Tigress Financial on Monday, August 3. Credit Suisse reinitiated W. R. Grace & Co (NYSE:GRA) rating on Thursday, March 24. Credit Suisse has “Outperform” rating and $79 price target. Macquarie Research maintained it with “Outperform” rating and $82 target price in Monday, March 7 report. The stock of W. R. Grace & Co (NYSE:GRA) earned “Neutral” rating by Seaport Global Securities on Tuesday, September 13. Seaport Global Securities upgraded it to “Buy” rating and $79 target price in Tuesday, November 1 report. The firm earned “Hold” rating on Monday, November 30 by Cantor Fitzgerald.
More recent W. R. Grace & Co (NYSE:GRA) news were published by: Baltimoresun.com which released: “W. R. Grace & Co. finalizes acquisition of BASF polyolefin catalyst business” on July 01, 2016. Also Seekingalpha.com published the news titled: “W.R. Grace & Co. (GRA) Q3 2016 Results – Earnings Call Transcript” on October 26, 2016. Streetinsider.com‘s news article titled: “Seaport Global Securities Upgrades W.R. Grace & Co. (GRA) to Buy” with publication date: November 01, 2016 was also an interesting one.
GRA Company Profile
W.R. Grace & Co. (Grace), incorporated on August 6, 1997, is engaged in the production and sale of specialty chemicals and specialty materials. The Firm operates in three divisions: Grace Catalysts Technologies, which includes catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications; Grace Materials Technologies, which includes packaging technologies and engineered materials used in consumer, industrial, and pharmaceutical applications, and Grace Construction Products, which includes specialty construction chemicals and specialty building materials used in commercial, infrastructure and residential construction.
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