Shares of W.R. Grace & Co. (NYSE:GRA) have been given an average recommendation of “Buy” by the eleven ratings firms that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $80.00.

A number of equities analysts have recently issued reports on the company. Jefferies Group LLC reissued a “hold” rating and issued a $70.00 target price on shares of W.R. Grace & Co. in a report on Friday. Zacks Investment Research raised W.R. Grace & Co. from a “sell” rating to a “hold” rating in a report on Monday, May 22nd. Vertical Research assumed coverage on W.R. Grace & Co. in a report on Thursday, May 25th. They issued a “buy” rating and a $81.00 target price for the company. Susquehanna Bancshares Inc assumed coverage on W.R. Grace & Co. in a report on Tuesday, April 25th. They issued a “neutral” rating and a $75.00 target price for the company. Finally, Goldman Sachs Group, Inc. (The) cut W.R. Grace & Co. from a “buy” rating to a “neutral” rating and set a $83.00 target price for the company. in a report on Thursday, June 8th.

W.R. Grace & Co. (GRA) traded down 0.28% on Monday, reaching $70.33. The company had a trading volume of 25,050 shares. W.R. Grace & Co. has a one year low of $63.37 and a one year high of $80.56. The stock has a market cap of $4.81 billion, a price-to-earnings ratio of 35.96 and a beta of 1.09. The company has a 50-day moving average of $70.72 and a 200 day moving average of $69.62.

W.R. Grace & Co. (NYSE:GRA) last issued its earnings results on Wednesday, April 26th. The specialty chemicals company reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.05. W.R. Grace & Co. had a return on equity of 40.62% and a net margin of 8.08%. The business had revenue of $398 million during the quarter, compared to analysts’ expectations of $373.57 million. During the same period in the prior year, the firm posted $0.57 EPS. W.R. Grace & Co.’s quarterly revenue was up 9.7% compared to the same quarter last year. On average, equities research analysts predict that W.R. Grace & Co. will post $3.37 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 8th. Investors of record on Wednesday, May 17th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, May 15th. This represents a $0.84 dividend on an annualized basis and a yield of 1.19%. W.R. Grace & Co.’s dividend payout ratio is 44.21%.

TRADEMARK VIOLATION NOTICE: “W.R. Grace & Co. (GRA) Given Consensus Recommendation of “Buy” by Analysts” was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/06/19/w-r-grace-co-gra-given-consensus-recommendation-of-buy-by-analysts.html.

In related news, VP Mark A. Shelnitz sold 26,853 shares of the firm’s stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of $71.44, for a total transaction of $1,918,378.32. Following the completion of the sale, the vice president now directly owns 83,437 shares of the company’s stock, valued at approximately $5,960,739.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP William C. Dockman sold 4,940 shares of the firm’s stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $70.02, for a total value of $345,898.80. Following the sale, the vice president now directly owns 6,275 shares of the company’s stock, valued at $439,375.50. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. UBS Oconnor LLC boosted its stake in W.R. Grace & Co. by 347.7% in the first quarter. UBS Oconnor LLC now owns 199,403 shares of the specialty chemicals company’s stock worth $13,900,000 after buying an additional 154,861 shares in the last quarter. Achmea Investment Management B.V. acquired a new stake in W.R. Grace & Co. during the first quarter worth $226,000. Tudor Investment Corp ET AL acquired a new stake in W.R. Grace & Co. during the first quarter worth $549,000. Paloma Partners Management Co boosted its stake in W.R. Grace & Co. by 16.6% in the first quarter. Paloma Partners Management Co now owns 11,421 shares of the specialty chemicals company’s stock worth $797,000 after buying an additional 1,623 shares in the last quarter. Finally, Nomura Holdings Inc. acquired a new stake in W.R. Grace & Co. during the first quarter worth $1,856,000. 84.03% of the stock is owned by hedge funds and other institutional investors.

W.R. Grace & Co. Company Profile

W. R. Grace & Co (Grace) is engaged in the production and sale of specialty chemicals and specialty materials. The Company operates in two segments: Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment includes catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications.

Receive News & Ratings for W.R. Grace & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.R. Grace & Co. and related companies with MarketBeat.com's FREE daily email newsletter.