W. R. Grace & Co (NYSE:GRA) VP Thomas E. Blaser bought 5,300 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was acquired at an average price of $65.32 per share, for a total transaction of $346,196.00. Following the completion of the transaction, the vice president now owns 9,962 shares in the company, valued at $650,717.84. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

W. R. Grace & Co (NYSE:GRA) opened at $66.00 on Thursday. The company has a debt-to-equity ratio of 3.83, a quick ratio of 1.06 and a current ratio of 1.59. The stock has a market capitalization of $4,397.83, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 1.44 and a beta of 1.16. W. R. Grace & Co has a one year low of $62.58 and a one year high of $77.37.

W. R. Grace & Co (NYSE:GRA) last issued its quarterly earnings results on Thursday, February 8th. The specialty chemicals company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. The firm had revenue of $459.50 million during the quarter, compared to analyst estimates of $453.84 million. W. R. Grace & Co had a return on equity of 57.99% and a net margin of 0.65%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the company posted $0.95 EPS. equities research analysts predict that W. R. Grace & Co will post 3.75 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 22nd. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.24 per share. This is a positive change from W. R. Grace & Co’s previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Wednesday, February 28th. W. R. Grace & Co’s dividend payout ratio (DPR) is presently 525.00%.

Several research firms recently commented on GRA. Seaport Global Securities restated a “buy” rating and issued a $82.00 target price on shares of W. R. Grace & Co in a research report on Monday. TheStreet lowered W. R. Grace & Co from a “b-” rating to a “c” rating in a research note on Thursday, February 8th. Zacks Investment Research raised W. R. Grace & Co from a “strong sell” rating to a “hold” rating and set a $85.00 price target for the company in a research note on Friday, October 27th. KeyCorp reaffirmed an “overweight” rating and set a $84.00 price target (up from $77.00) on shares of W. R. Grace & Co in a research note on Thursday, October 26th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $77.00 price target on shares of W. R. Grace & Co in a research note on Thursday, October 26th. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $81.60.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. American International Group Inc. bought a new stake in shares of W. R. Grace & Co during the 4th quarter worth $113,000. Cerebellum GP LLC bought a new stake in shares of W. R. Grace & Co during the 4th quarter worth $124,000. The Manufacturers Life Insurance Company boosted its stake in shares of W. R. Grace & Co by 5.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,487 shares of the specialty chemicals company’s stock worth $179,000 after acquiring an additional 133 shares in the last quarter. US Bancorp DE boosted its stake in shares of W. R. Grace & Co by 87.7% during the 4th quarter. US Bancorp DE now owns 2,943 shares of the specialty chemicals company’s stock worth $206,000 after acquiring an additional 1,375 shares in the last quarter. Finally, Toronto Dominion Bank boosted its stake in shares of W. R. Grace & Co by 244.1% during the 3rd quarter. Toronto Dominion Bank now owns 2,887 shares of the specialty chemicals company’s stock worth $208,000 after acquiring an additional 2,048 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “W. R. Grace & Co (GRA) VP Purchases $346,196.00 in Stock” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.thecerbatgem.com/2018/02/15/w-r-grace-co-gra-vp-purchases-346196-00-in-stock.html.

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.

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.