Nisa Investment Advisors LLC reduced its position in shares of H. B. Fuller Company (NYSE:FUL) by 8.4% during the second quarter, Holdings Channel reports. The fund owned 18,620 shares of the specialty chemicals company’s stock after selling 1,700 shares during the period. Nisa Investment Advisors LLC’s holdings in H. B. Fuller were worth $952,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Tyers Asset Management LLC boosted its position in H. B. Fuller by 6.6% in the first quarter. Tyers Asset Management LLC now owns 2,064 shares of the specialty chemicals company’s stock worth $106,000 after buying an additional 128 shares during the last quarter. Point72 Asia Hong Kong Ltd purchased a new position in H. B. Fuller during the first quarter worth $117,000. Elkfork Partners LLC boosted its position in H. B. Fuller by 6.6% in the first quarter. Elkfork Partners LLC now owns 2,838 shares of the specialty chemicals company’s stock worth $146,000 after buying an additional 176 shares during the last quarter. Meadow Creek Investment Management LLC boosted its position in H. B. Fuller by 6.6% in the first quarter. Meadow Creek Investment Management LLC now owns 3,612 shares of the specialty chemicals company’s stock worth $186,000 after buying an additional 224 shares during the last quarter. Finally, LaSalle Street Capital Management LLC purchased a new position in H. B. Fuller during the first quarter worth $207,000. 93.34% of the stock is owned by institutional investors.

H. B. Fuller Company (NYSE FUL) traded up 0.33% during mid-day trading on Friday, hitting $51.19. 106,748 shares of the stock were exchanged. The company has a market cap of $2.59 billion, a P/E ratio of 23.40 and a beta of 1.68. The company has a 50-day moving average price of $51.65 and a 200-day moving average price of $50.94. H. B. Fuller Company has a one year low of $41.52 and a one year high of $54.32.

H. B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, June 28th. The specialty chemicals company reported $0.62 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by $0.05. H. B. Fuller had a net margin of 5.23% and a return on equity of 13.32%. The company had revenue of $561.65 million during the quarter. During the same period last year, the business earned $0.67 EPS. Analysts forecast that H. B. Fuller Company will post $2.60 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 10th. Investors of record on Thursday, July 27th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Tuesday, July 25th. H. B. Fuller’s dividend payout ratio (DPR) is 27.40%.

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FUL has been the subject of a number of recent analyst reports. BidaskClub raised shares of H. B. Fuller from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. Zacks Investment Research cut shares of H. B. Fuller from a “hold” rating to a “sell” rating in a report on Monday, July 3rd. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. H. B. Fuller currently has an average rating of “Hold” and an average price target of $52.40.

In related news, VP Dietrich J. Crail acquired 970 shares of H. B. Fuller stock in a transaction that occurred on Wednesday, July 12th. The stock was purchased at an average price of $51.41 per share, for a total transaction of $49,867.70. Following the completion of the purchase, the vice president now directly owns 970 shares of the company’s stock, valued at $49,867.70. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 3.10% of the stock is owned by company insiders.

H. B. Fuller Company Profile

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.

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

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