W.R. Grace & Co. (NYSE:GRA)‘s stock had its “hold” rating reaffirmed by stock analysts at Jefferies Group LLC in a report released on Tuesday.

Other analysts have also issued research reports about the company. Loop Capital began coverage on W.R. Grace & Co. in a report on Thursday, September 28th. They issued a “buy” rating and a $81.00 target price for the company. Zacks Investment Research upgraded W.R. Grace & Co. from a “sell” rating to a “hold” rating in a report on Monday, August 7th. KeyCorp restated a “buy” rating and issued a $77.00 target price on shares of W.R. Grace & Co. in a report on Sunday, September 3rd. Robert W. Baird restated a “buy” rating and issued a $85.00 target price on shares of W.R. Grace & Co. in a report on Friday, September 1st. Finally, BidaskClub upgraded W.R. Grace & Co. from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $80.08.

W.R. Grace & Co. (NYSE:GRA) traded up 0.04% during midday trading on Tuesday, reaching $73.12. The company’s stock had a trading volume of 127,842 shares. The stock’s 50-day moving average price is $71.32 and its 200-day moving average price is $70.33. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 35.60 and a beta of 1.11. W.R. Grace & Co. has a 12 month low of $63.37 and a 12 month high of $74.63. W.R. Grace & Co. also saw some unusual options trading on Wednesday. Stock traders purchased 12,700 call options on the company. This represents an increase of approximately 573% compared to the average daily volume of 1,888 call options.

W.R. Grace & Co. (NYSE:GRA) last released its earnings results on Thursday, July 27th. The specialty chemicals company reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.04. The company had revenue of $429.50 million during the quarter, compared to analyst estimates of $407.72 million. W.R. Grace & Co. had a return on equity of 43.88% and a net margin of 8.20%. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.74 earnings per share. Analysts predict that W.R. Grace & Co. will post $3.37 EPS for the current year.

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A number of institutional investors have recently bought and sold shares of GRA. Daiwa Securities Group Inc. increased its position in W.R. Grace & Co. by 22.9% during the second quarter. Daiwa Securities Group Inc. now owns 2,150 shares of the specialty chemicals company’s stock worth $155,000 after buying an additional 400 shares during the last quarter. US Bancorp DE boosted its holdings in W.R. Grace & Co. by 7.2% during the first quarter. US Bancorp DE now owns 2,284 shares of the specialty chemicals company’s stock valued at $159,000 after acquiring an additional 154 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in W.R. Grace & Co. by 5.6% during the second quarter. The Manufacturers Life Insurance Company now owns 2,487 shares of the specialty chemicals company’s stock valued at $179,000 after acquiring an additional 133 shares during the period. LS Investment Advisors LLC boosted its holdings in W.R. Grace & Co. by 13.4% during the second quarter. LS Investment Advisors LLC now owns 2,517 shares of the specialty chemicals company’s stock valued at $181,000 after acquiring an additional 298 shares during the period. Finally, World Asset Management Inc bought a new stake in W.R. Grace & Co. during the second quarter valued at about $221,000. 84.69% of the stock is currently owned by hedge funds and other institutional investors.

About W.R. Grace & Co.

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.

Analyst Recommendations for W.R. Grace & Co. (NYSE:GRA)

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