BlueCrest Capital Management Ltd bought a new position in HB Fuller Co (NYSE:FUL) during the 4th quarter, HoldingsChannel.com reports. The firm bought 16,306 shares of the specialty chemicals company’s stock, valued at approximately $878,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. BlackRock Inc. raised its holdings in HB Fuller by 1.1% in the fourth quarter. BlackRock Inc. now owns 6,399,023 shares of the specialty chemicals company’s stock worth $344,715,000 after purchasing an additional 69,226 shares during the period. Dimensional Fund Advisors LP raised its holdings in HB Fuller by 0.6% in the third quarter. Dimensional Fund Advisors LP now owns 2,032,726 shares of the specialty chemicals company’s stock worth $118,020,000 after purchasing an additional 13,051 shares during the period. Macquarie Group Ltd. raised its holdings in HB Fuller by 7.2% in the third quarter. Macquarie Group Ltd. now owns 1,698,348 shares of the specialty chemicals company’s stock worth $98,606,000 after purchasing an additional 114,635 shares during the period. Wedge Capital Management L L P NC raised its holdings in HB Fuller by 5.1% in the fourth quarter. Wedge Capital Management L L P NC now owns 543,340 shares of the specialty chemicals company’s stock worth $29,270,000 after purchasing an additional 26,277 shares during the period. Finally, Amundi Pioneer Asset Management Inc. raised its holdings in HB Fuller by 19.6% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 499,439 shares of the specialty chemicals company’s stock worth $26,905,000 after purchasing an additional 81,829 shares during the period. Institutional investors own 93.78% of the company’s stock.

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Shares of HB Fuller Co (FUL) opened at $52.38 on Thursday. HB Fuller Co has a twelve month low of $47.36 and a twelve month high of $58.74. The company has a current ratio of 2.27, a quick ratio of 1.56 and a debt-to-equity ratio of 2.30. The company has a market cap of $2,755.77, a price-to-earnings ratio of 46.35, a P/E/G ratio of 1.15 and a beta of 1.53.

HB Fuller (NYSE:FUL) last issued its quarterly earnings data on Tuesday, January 23rd. The specialty chemicals company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.09). HB Fuller had a return on equity of 12.83% and a net margin of 2.53%. The company had revenue of $678.20 million for the quarter, compared to analyst estimates of $613.58 million. analysts predict that HB Fuller Co will post 3.2 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Thursday, February 1st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, January 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.15%. HB Fuller’s payout ratio is 53.10%.

Several equities research analysts have weighed in on the stock. TheStreet lowered shares of HB Fuller from a “b” rating to a “c+” rating in a report on Monday, February 26th. JPMorgan Chase & Co. upgraded shares of HB Fuller from a “neutral” rating to an “overweight” rating in a report on Friday, February 9th. Longbow Research upgraded shares of HB Fuller from a “neutral” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Tuesday, February 6th. Zacks Investment Research upgraded shares of HB Fuller from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a report on Tuesday, January 30th. Finally, Citigroup raised their price objective on shares of HB Fuller from $57.50 to $60.00 and gave the stock a “neutral” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $61.50.

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HB Fuller 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 HB Fuller (NYSE:FUL)

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