W.R. Grace & Co. (NYSE:GRA) shares were up 4.1% on Friday . The stock traded as high as $77.30 and last traded at $76.91, with a volume of 1,021,069 shares. The stock had previously closed at $73.87.

Several research analysts have weighed in on GRA shares. TheStreet upgraded shares of W.R. Grace & Co. from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. Zacks Investment Research upgraded shares of W.R. Grace & Co. from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research report on Monday, May 2nd. Monness Crespi & Hardt upped their target price on shares of W.R. Grace & Co. from $80.00 to $86.00 and gave the stock a “buy” rating in a research report on Thursday, April 28th. Jefferies Group restated a “buy” rating on shares of W.R. Grace & Co. in a research report on Sunday, April 24th. Finally, KeyCorp restated a “buy” rating and set a $85.00 target price on shares of W.R. Grace & Co. in a research report on Thursday, July 14th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. W.R. Grace & Co. has an average rating of “Buy” and a consensus price target of $88.60.

The stock has a market cap of $5.45 billion and a price-to-earnings ratio of 75.73. The stock’s 50-day moving average is $75.11 and its 200 day moving average is $74.40.

W.R. Grace & Co. (NYSE:GRA) last announced its earnings results on Monday, August 1st. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.68 by $0.06. The firm earned $390.50 million during the quarter, compared to analyst estimates of $407.36 million. The business’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.19 earnings per share. On average, analysts forecast that W.R. Grace & Co. will post $3.07 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 14th. Shareholders of record on Tuesday, August 23rd will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Friday, August 19th.

Other hedge funds and institutional investors have recently made changes to their positions in the company. Morgan Stanley boosted its position in shares of W.R. Grace & Co. by 14.7% in the fourth quarter. Morgan Stanley now owns 250,681 shares of the company’s stock valued at $24,965,000 after buying an additional 32,043 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of W.R. Grace & Co. by 7.2% in the fourth quarter. Wells Fargo & Company MN now owns 91,335 shares of the company’s stock valued at $9,096,000 after buying an additional 6,143 shares during the last quarter. Jennison Associates LLC boosted its position in shares of W.R. Grace & Co. by 256.8% in the fourth quarter. Jennison Associates LLC now owns 836,854 shares of the company’s stock valued at $83,342,000 after buying an additional 602,337 shares during the last quarter. Westfield Capital Management Co. LP boosted its position in shares of W.R. Grace & Co. by 179.8% in the fourth quarter. Westfield Capital Management Co. LP now owns 728,163 shares of the company’s stock valued at $72,518,000 after buying an additional 467,908 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of W.R. Grace & Co. by 4.9% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 176,030 shares of the company’s stock valued at $17,531,000 after buying an additional 8,212 shares during the last quarter.

W.R. Grace & Co (Grace) is engaged in the production and sale of specialty chemicals and specialty materials. The Company operates in three segments: Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products. Its Grace Catalysts Technologies segment produces and sells catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications, including Fluid catalytic cracking catalysts, Hydroprocessing catalysts, and Polyolefin catalysts and catalyst supports.

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