Grace W R & Co Del New (GRA) Holder Secor Capital Advisors LP Has Decreased Position by $4.35 Million as Valuation Declined

May 17, 2018 - By Jason Grubb

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 increased, 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. The Alabama-based Regions Financial Corp has invested 0% in W. R. Grace & Co. (NYSE:GRA). Temasek Holdings (Private) Ltd holds 2.19M shares. Hudock Cap Limited Liability Co, a Pennsylvania-based fund reported 555 shares. 7,189 were reported by Sg Americas Secs Lc. Group One Trading Lp accumulated 0% or 3,734 shares. Federated Pa has 14,893 shares. Nordea Management Ab has invested 0% in W. R. Grace & Co. (NYSE:GRA). Mitsubishi Ufj Trust And Bk Corp has invested 0.02% in W. R. Grace & Co. (NYSE:GRA). Moreover, British Columbia Invest Management has 0.01% invested in W. R. Grace & Co. (NYSE:GRA). Aureus Asset Management Limited Liability Co has invested 1.73% in W. R. Grace & Co. (NYSE:GRA). 171,803 were accumulated by Cap Fund. Rbf Cap Limited Co owns 22,500 shares. Morgan Stanley holds 0.01% in W. R. Grace & Co. (NYSE:GRA) or 290,176 shares. Teachers Insur And Annuity Association Of America holds 0.76% or 211,063 shares in its portfolio. Bank Of Montreal Can stated it has 0% of its portfolio in W. R. Grace & Co. (NYSE:GRA).

Since February 13, 2018, it had 3 insider purchases, and 0 selling transactions for $660,474 activity. Blaser Thomas E had bought 5,300 shares worth $346,196. Brown Elizabeth C had bought 3,700 shares worth $248,520.

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 $500.47 million and $2.52B US Long portfolio, upped its stake in Micron Technology Inc (NASDAQ:MU) by 115,417 shares to 220,417 shares, valued at $9.06 million in 2017Q4, according to the filing. It also increased its holding in Usana Health Sciences Inc (NYSE:USNA) by 41,542 shares in the quarter, for a total of 47,073 shares, and has risen its stake in Kelly Svcs Inc (NASDAQ:KELYA).

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 Board Elects Yanai Independent Director” on May 09, 2018, also Globenewswire.com with their article: “Grace Announces Quarterly Dividend” published on April 25, 2018, Globenewswire.com published: “Grace to Present at Goldman Sachs Basic Materials Conference 2018” on May 07, 2018. More interesting news about W. R. Grace & Co. (NYSE:GRA) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For May 16, 2018” published on May 16, 2018 as well as Globenewswire.com‘s news article titled: “Grace Announces Surcharge on FCC SOx Reduction Additives” with publication date: April 26, 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 stock has “Buy” rating by Seaport Global on Monday, February 12. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, April 25 report. The stock of W. R. Grace & Co. (NYSE:GRA) earned “Buy” rating by KeyBanc Capital Markets on Monday, January 15. On Thursday, April 26 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. Credit Suisse maintained the shares of GRA in report on Wednesday, April 11 with “Buy” rating. On Friday, February 9 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock has “Buy” rating by UBS on Thursday, April 26. The firm has “Buy” rating given on Tuesday, March 27 by BMO Capital Markets. The firm has “Buy” rating by Robert W. Baird given on Tuesday, April 17. The rating was maintained by Robert W. Baird on Friday, February 9 with “Buy”.

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

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