As Grace W R & Co Del New (GRA) Stock Value Declined, Holder Secor Capital Advisors LP Has Decreased Its Position

May 17, 2018 - By Winifred Garcia

W. R. Grace & Co. (NYSE:GRA) LogoInvestors sentiment increased to 1.34 in 2017 Q4. Its up 0.13, from 1.21 in 2017Q3. It improved, as 24 investors sold GRA 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. Swiss Bank & Trust reported 251,300 shares. Ubs Asset Americas, a Illinois-based fund reported 166,484 shares. Moreover, Envestnet Asset has 0% invested in W. R. Grace & Co. (NYSE:GRA) for 1,170 shares. Deprince Race And Zollo Inc holds 26,530 shares or 0.04% of its portfolio. Rhumbline Advisers invested in 73,415 shares or 0.01% of the stock. Aureus Asset Management Ltd stated it has 1.73% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Brant Point Investment Mgmt Ltd Liability reported 38,600 shares. Gilder Gagnon Howe Ltd Liability Company has invested 0.24% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Moreover, Williams Jones Assoc has 0.01% invested in W. R. Grace & Co. (NYSE:GRA) for 3,895 shares. Moreover, Icon Advisers has 0.17% invested in W. R. Grace & Co. (NYSE:GRA). Jefferies Gp Ltd Liability Company holds 0% of its portfolio in W. R. Grace & Co. (NYSE:GRA) for 2 shares. Barclays Public Limited Co, United Kingdom-based fund reported 112,940 shares. Raymond James And Associates has invested 0% in W. R. Grace & Co. (NYSE:GRA). Great West Life Assurance Can accumulated 0% or 21,213 shares. Thrivent Financial For Lutherans invested in 23,032 shares.

Since February 13, 2018, it had 3 insider buys, and 0 selling transactions for $660,474 activity. Shares for $346,196 were bought by Blaser Thomas E on Tuesday, February 13. $248,520 worth of W. R. Grace & Co. (NYSE:GRA) shares were bought by Brown Elizabeth C.

Secor Capital Advisors Lp decreased its stake in Grace W R & Co Del New (GRA) by 52.34% based on its latest 2017Q4 regulatory filing with the SEC. Secor Capital Advisors Lp sold 62,079 shares as the company’s stock declined 13.01% with the market. The hedge fund held 56,519 shares of the major chemicals company at the end of 2017Q4, valued at $3.96 million, down from 118,598 at the end of the previous reported quarter. Secor Capital Advisors Lp who had been investing in Grace W R & Co Del New for a number of months, seems to be less bullish one the $4.88B market cap company. The stock increased 0.57% or $0.41 during the last trading session, reaching $72.49. About 351,683 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.

Secor Capital Advisors Lp, which manages about $500.47M and $2.52 billion US Long portfolio, upped its stake in Intuitive Surgical Inc (Put) (NASDAQ:ISRG) by 9,900 shares to 10,300 shares, valued at $3.76 million in 2017Q4, according to the filing. It also increased its holding in Versum Matls Inc by 161,985 shares in the quarter, for a total of 226,098 shares, and has risen its stake in Micron Technology Inc (NASDAQ:MU).

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 $63.93M for 19.08 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.

More notable recent W. R. Grace & Co. (NYSE:GRA) news were published by: Globenewswire.com which released: “Grace Reports First Quarter 2018 Results” on April 25, 2018, also Globenewswire.com with their article: “Grace Licenses UNIPOL® PP Process Technology to Inter Pipeline” published on April 24, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For May 16, 2018” on May 16, 2018. More interesting news about W. R. Grace & Co. (NYSE:GRA) were released by: Globenewswire.com and their article: “Grace Board Elects Yanai Independent Director” published on May 09, 2018 as well as Seekingalpha.com‘s news article titled: “WR Grace & Co. (GRA) Q1 2018 Results – Earnings Call Transcript” with publication date: April 25, 2018.

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

Among 7 analysts covering WR Grace (NYSE:GRA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. WR Grace had 11 analyst reports since January 15, 2018 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Friday, February 9 with “Buy”. The company was maintained on Thursday, April 26 by UBS. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Buy” rating by Robert W. Baird on Tuesday, April 17. The firm earned “Overweight” rating on Thursday, April 26 by KeyBanc Capital Markets. BMO Capital Markets initiated it with “Buy” rating and $7700 target in Tuesday, March 27 report. BMO Capital Markets maintained W. R. Grace & Co. (NYSE:GRA) rating on Wednesday, April 25. BMO Capital Markets has “Buy” rating and $8200 target. On Wednesday, May 16 the stock rating was upgraded by Jefferies to “Buy”. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Buy” rating by KeyBanc Capital Markets on Friday, February 9. The stock of W. R. Grace & Co. (NYSE:GRA) has “Buy” rating given on Wednesday, April 11 by Credit Suisse. On Monday, January 15 the stock rating was maintained by KeyBanc Capital Markets with “Buy”.

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

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