Institutional Investors Lead Shift in W R Grace & Co (NYSE:GRA) Sentiment

July 21, 2018 - By Lawrence Diaz

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

Sentiment for W R Grace & Co (NYSE:GRA)

W R Grace & Co (NYSE:GRA) institutional sentiment decreased to 0.83 in 2018 Q1. Its down -0.51, from 1.34 in 2017Q4. The ratio is negative, as 99 funds increased or opened new holdings, while 119 sold and decreased positions in W R Grace & Co. The funds in our partner’s database now have: 54.89 million shares, down from 56.69 million shares in 2017Q4. Also, the number of funds holding W R Grace & Co in their top 10 holdings increased from 2 to 3 for an increase of 1. Sold All: 32 Reduced: 87 Increased: 64 New Position: 35.

W. R. Grace & Co. produces and sells specialty chemicals and materials worldwide. The company has market cap of $4.93 billion. It operates through two divisions, Grace Catalysts Technologies and Grace Materials Technologies. It has a 449.75 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.

The stock decreased 0.70% or $0.52 during the last trading session, reaching $73.31. About 299,775 shares traded. W. R. Grace & Co. (NYSE:GRA) has declined 0.65% since July 21, 2017 and is downtrending. It has underperformed by 13.22% 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 $63.93M for 19.29 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.

40 North Management Llc holds 11.47% of its portfolio in W. R. Grace & Co. for 942,052 shares. Gates Capital Management Inc. owns 3.10 million shares or 4.3% of their US portfolio. Moreover, Swift Run Capital Management Llc has 2.94% invested in the company for 67,055 shares. The New York-based Echo Street Capital Management Llc has invested 2.09% in the stock. York Capital Management Global Advisors Llc, a New York-based fund reported 1.13 million shares.

Since January 1, 0001, it had 3 insider buys, and 0 selling transactions for $660,474 activity.

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

Ratings analysis reveals 100% of WR Grace’s analysts are positive. Out of 7 Wall Street analysts rating WR Grace, 7 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $76.0 while the high is $88.0. The stock’s average target of $81 is 10.49% above today’s ($73.31) share price. GRA was included in 11 notes of analysts from February 9, 2018. The firm has “Buy” rating given on Friday, February 9 by KeyBanc Capital Markets. Robert W. Baird maintained the shares of GRA in report on Friday, February 9 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Tuesday, March 27. The rating was maintained by UBS on Thursday, April 26 with “Buy”. The rating was maintained by Robert W. Baird on Tuesday, April 17 with “Buy”. The firm has “Outperform” rating given on Tuesday, June 5 by BMO Capital Markets. As per Thursday, April 26, the company rating was maintained by KeyBanc Capital Markets. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Buy” rating by Jefferies on Wednesday, May 16. The firm has “Buy” rating by Credit Suisse given on Wednesday, April 11. The firm has “Buy” rating given on Wednesday, April 25 by BMO Capital Markets.

Another recent and important W. R. Grace & Co. (NYSE:GRA) news was published by Globenewswire.com which published an article titled: “Grace Announces Release Date for Second Quarter 2018 Results” on July 05, 2018.

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

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