Great West Life Assurance Co. Can lowered its stake in H. B. Fuller Company (NYSE:FUL) by 6.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,279 shares of the specialty chemicals company’s stock after selling 4,725 shares during the quarter. Great West Life Assurance Co. Can owned approximately 0.14% of H. B. Fuller worth $3,978,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. American International Group Inc. lifted its holdings in shares of H. B. Fuller by 5.7% in the third quarter. American International Group Inc. now owns 39,970 shares of the specialty chemicals company’s stock worth $2,321,000 after acquiring an additional 2,173 shares during the last quarter. LaSalle Street Capital Management LLC raised its holdings in H. B. Fuller by 63.2% in the 3rd quarter. LaSalle Street Capital Management LLC now owns 6,548 shares of the specialty chemicals company’s stock valued at $380,000 after buying an additional 2,535 shares during the last quarter. Macquarie Group Ltd. raised its holdings in H. B. Fuller by 7.2% in the 3rd quarter. Macquarie Group Ltd. now owns 1,698,348 shares of the specialty chemicals company’s stock valued at $98,606,000 after buying an additional 114,635 shares during the last quarter. SG Americas Securities LLC bought a new position in H. B. Fuller in the 3rd quarter valued at approximately $953,000. Finally, Financial Engines Advisors L.L.C. bought a new position in H. B. Fuller in the 3rd quarter valued at approximately $1,443,000. 92.35% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of H. B. Fuller from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. BidaskClub lowered shares of H. B. Fuller from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. KeyCorp reiterated a “hold” rating on shares of H. B. Fuller in a report on Thursday, August 24th. Robert W. Baird assumed coverage on shares of H. B. Fuller in a report on Thursday, September 14th. They issued a “neutral” rating and a $60.00 price objective for the company. Finally, ValuEngine lowered shares of H. B. Fuller from a “buy” rating to a “hold” rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. H. B. Fuller currently has an average rating of “Hold” and an average target price of $60.00.

H. B. Fuller Company (NYSE FUL) opened at $53.98 on Friday. The stock has a market cap of $2,716.98, a P/E ratio of 21.68 and a beta of 1.72. H. B. Fuller Company has a fifty-two week low of $46.93 and a fifty-two week high of $58.74. The company has a quick ratio of 1.72, a current ratio of 2.63 and a debt-to-equity ratio of 0.74.

H. B. Fuller (NYSE:FUL) last released its earnings results on Wednesday, September 27th. The specialty chemicals company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.02). The firm had revenue of $562.87 million for the quarter, compared to analyst estimates of $553.66 million. H. B. Fuller had a net margin of 4.76% and a return on equity of 13.08%. equities analysts expect that H. B. Fuller Company will post 2.6 earnings per share for the current year.

In other H. B. Fuller news, VP Robert J. Martsching sold 3,870 shares of the stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $57.93, for a total transaction of $224,189.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Timothy J. Keenan sold 6,500 shares of the stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $55.08, for a total transaction of $358,020.00. Following the sale, the vice president now directly owns 29,611 shares of the company’s stock, valued at approximately $1,630,973.88. The disclosure for this sale can be found here. Insiders have sold a total of 15,767 shares of company stock valued at $897,394 in the last three months. Insiders own 3.10% of the company’s stock.

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About H. B. Fuller

H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The Company’s segments include Americas Adhesives, Europe, India, Middle East and Africa (EIMEA), Asia Pacific, Construction Products and Engineering Adhesives. The Americas Adhesives, EIMEA and Asia Pacific operating segments produce and supply industrial adhesives products for applications in various markets, including durable assembly, nonwoven and hygiene, and textile.

Institutional Ownership by Quarter for H. B. Fuller (NYSE:FUL)

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