As Grace W R & Co Del New (GRA) Share Value Declined, Alleghany Corp Has Decreased Position

October 13, 2018 - By Hugh Holland

W. R. Grace & Co. (NYSE:GRA) LogoInvestors sentiment decreased to 0.8 in 2018 Q2. Its down 0.03, from 0.83 in 2018Q1. It dropped, as 54 investors sold GRA shares while 77 reduced holdings. 52 funds opened positions while 53 raised stakes. 56.62 million shares or 3.16% more from 54.89 million shares in 2018Q1 were reported. D E Shaw & holds 0.14% or 1.49M shares in its portfolio. Marshall Wace Llp has invested 0.02% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Metropolitan Life Ins has 4,347 shares. Perella Weinberg Ptnrs Cap Management Ltd Partnership stated it has 0.11% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Brown Advisory accumulated 3,035 shares. 4,570 were reported by Peak6 Invs Limited Partnership. Dekabank Deutsche Girozentrale reported 0% stake. Quantitative Systematic Strategies Ltd Liability Co holds 0.05% of its portfolio in W. R. Grace & Co. (NYSE:GRA) for 3,995 shares. Rhode Island-based Washington Trust has invested 0% in W. R. Grace & Co. (NYSE:GRA). Amer Century invested in 470,209 shares. Geode Mngmt Limited Liability Corp holds 0.01% or 572,476 shares in its portfolio. Moore Cap LP holds 61,000 shares or 0.11% of its portfolio. Apg Asset Management Nv has invested 0.01% in W. R. Grace & Co. (NYSE:GRA). Los Angeles Capital Mgmt And Equity, a California-based fund reported 613,011 shares. Raymond James has invested 0.11% of its portfolio in W. R. Grace & Co. (NYSE:GRA).

Alleghany Corp decreased its stake in Grace W R & Co Del New (GRA) by 55.84% based on its latest 2018Q2 regulatory filing with the SEC. Alleghany Corp sold 216,550 shares as the company’s stock declined 3.54% while stock markets rallied. The institutional investor held 171,250 shares of the major chemicals company at the end of 2018Q2, valued at $12.55 million, down from 387,800 at the end of the previous reported quarter. Alleghany Corp who had been investing in Grace W R & Co Del New for a number of months, seems to be less bullish one the $4.42 billion market cap company. The stock increased 0.06% or $0.04 during the last trading session, reaching $65.79. About 758,534 shares traded or 28.36% up from the average. W. R. Grace & Co. (NYSE:GRA) has declined 2.27% since October 13, 2017 and is downtrending. It has underperformed by 17.89% the S&P500.

Analysts await W. R. Grace & Co. (NYSE:GRA) to report earnings on October, 24. They expect $1.02 EPS, up 13.33 % or $0.12 from last year’s $0.9 per share. GRA’s profit will be $68.59 million for 16.13 P/E if the $1.02 EPS becomes a reality. After $1.07 actual EPS reported by W. R. Grace & Co. for the previous quarter, Wall Street now forecasts -4.67 % negative EPS growth.

Another recent and important W. R. Grace & Co. (NYSE:GRA) news was published by Globenewswire.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within WR Grace, Continental Resources, Helios and …” on October 08, 2018.

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

Among 6 analysts covering WR Grace (NYSE:GRA), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. WR Grace had 9 analyst reports since April 17, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, April 26 by UBS. The rating was maintained by Credit Suisse with “Outperform” on Friday, July 27. KeyBanc Capital Markets maintained it with “Overweight” rating and $85 target in Friday, July 27 report. As per Friday, July 27, the company rating was maintained by BMO Capital Markets. BMO Capital Markets maintained the shares of GRA in report on Tuesday, June 5 with “Outperform” rating. The rating was maintained by KeyBanc Capital Markets on Thursday, April 26 with “Overweight”. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Buy” rating by BMO Capital Markets on Wednesday, April 25. The stock of W. R. Grace & Co. (NYSE:GRA) has “Buy” rating given on Tuesday, April 17 by Robert W. Baird. The stock has “Buy” rating by Jefferies on Wednesday, May 16.

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

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