W.R. Grace & Co. (NYSE:GRA)’s share price was down 1% on Tuesday . The stock traded as low as $78.01 and last traded at $78.21, with a volume of 522,651 shares changing hands. The stock had previously closed at $79.00.

Several equities analysts have recently weighed in on GRA shares. TheStreet upgraded W.R. Grace & Co. from a “hold” rating to a “buy” rating in a report on Friday, August 5th. Zacks Investment Research upgraded W.R. Grace & Co. from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a report on Monday, May 2nd. Monness Crespi & Hardt raised their price target on W.R. Grace & Co. from $80.00 to $86.00 and gave the company a “buy” rating in a report on Thursday, April 28th. KeyCorp restated a “buy” rating and set a $85.00 price target on shares of W.R. Grace & Co. in a report on Thursday, July 14th. Finally, Jefferies Group restated a “buy” rating on shares of W.R. Grace & Co. in a report on Wednesday, July 6th. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $88.60.

The stock has a market cap of $5.54 billion and a price-to-earnings ratio of 77.04. The stock has a 50-day moving average of $75.45 and a 200 day moving average of $74.39.

W.R. Grace & Co. (NYSE:GRA) last announced its quarterly earnings data on Monday, August 1st. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.06. The firm earned $390.50 million during the quarter, compared to analyst estimates of $407.36 million. During the same period in the prior year, the company posted $1.19 earnings per share. The firm’s revenue for the quarter was down 4.1% on a year-over-year basis. Equities analysts anticipate that W.R. Grace & Co. will post $3.07 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 14th. Stockholders of record on Tuesday, August 23rd will be paid a $0.17 dividend. The ex-dividend date is Friday, August 19th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.86%.

Several hedge funds recently modified their holdings of GRA. Jennison Associates LLC increased its stake 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 worth $83,342,000 after buying an additional 602,337 shares during the last quarter. Westfield Capital Management Co. LP increased its stake 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 worth $72,518,000 after buying an additional 467,908 shares during the last quarter. Morgan Stanley increased its stake 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 worth $24,965,000 after buying an additional 32,043 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake 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 worth $17,531,000 after buying an additional 8,212 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake 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 worth $9,096,000 after buying an additional 6,143 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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