GCP Applied Technologies Inc (NYSE:GCP) has been assigned an average rating of “Hold” from the six analysts that are covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $33.50.

A number of analysts recently commented on GCP shares. Zacks Investment Research upgraded GCP Applied Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, December 18th. CL King reissued a “neutral” rating on shares of GCP Applied Technologies in a research note on Thursday, December 13th. Finally, Seaport Global Securities lowered GCP Applied Technologies from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 14th.

GCP Applied Technologies stock traded down $0.04 during midday trading on Monday, reaching $25.06. 433,885 shares of the company were exchanged, compared to its average volume of 544,162. The stock has a market cap of $1.80 billion, a PE ratio of 39.16, a P/E/G ratio of 1.26 and a beta of 0.99. GCP Applied Technologies has a 1 year low of $22.49 and a 1 year high of $34.79. The company has a current ratio of 2.31, a quick ratio of 1.92 and a debt-to-equity ratio of 0.75.

GCP Applied Technologies (NYSE:GCP) last posted its quarterly earnings data on Tuesday, November 6th. The construction company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $296.30 million during the quarter, compared to analysts’ expectations of $299.50 million. GCP Applied Technologies had a positive return on equity of 12.89% and a negative net margin of 8.19%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 EPS. On average, equities analysts predict that GCP Applied Technologies will post 0.9 EPS for the current year.

In other news, major shareholder Dalbergia Investments Llc acquired 28,400 shares of GCP Applied Technologies stock in a transaction dated Monday, October 15th. The shares were acquired at an average cost of $25.38 per share, with a total value of $720,792.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Gregory E. Poling sold 32,162 shares of GCP Applied Technologies stock in a transaction dated Monday, January 7th. The shares were sold at an average price of $25.70, for a total value of $826,563.40. Following the completion of the transaction, the chief executive officer now directly owns 78,504 shares in the company, valued at $2,017,552.80. The disclosure for this sale can be found here. Insiders own 1.10% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GCP. Russell Investments Group Ltd. lifted its position in GCP Applied Technologies by 4.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 62,315 shares of the construction company’s stock worth $1,804,000 after acquiring an additional 2,899 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in GCP Applied Technologies by 4.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 565,291 shares of the construction company’s stock worth $16,366,000 after acquiring an additional 23,130 shares in the last quarter. BlackRock Inc. lifted its position in GCP Applied Technologies by 5.6% during the 2nd quarter. BlackRock Inc. now owns 5,028,459 shares of the construction company’s stock worth $145,574,000 after acquiring an additional 266,360 shares in the last quarter. Brown Advisory Inc. lifted its position in GCP Applied Technologies by 33.4% during the 2nd quarter. Brown Advisory Inc. now owns 10,395 shares of the construction company’s stock worth $301,000 after acquiring an additional 2,600 shares in the last quarter. Finally, BlueMountain Capital Management LLC lifted its position in GCP Applied Technologies by 415.8% during the 2nd quarter. BlueMountain Capital Management LLC now owns 12,313 shares of the construction company’s stock worth $356,000 after acquiring an additional 9,926 shares in the last quarter. 83.84% of the stock is currently owned by institutional investors and hedge funds.

About GCP Applied Technologies

GCP Applied Technologies Inc produces and sells specialty construction chemicals and specialty building materials worldwide. Its Specialty Construction Chemicals segment offers concrete admixtures under the CONCERA, CLARENA, ADVA, STRUX, MIRA, TYTRO, POLARSET, ECLIPSE, DARACEM, DARASET, DCI, RECOVER, WRDA, and ZYLA brands; admixtures for decorative concrete under the PIERI brand; concrete production management system under the VERIFI and DUCTILCRETE brands; and cement additives under the OPTEVA HE, TAVERO VM, CBA, SYNCHRO, HEA2, TDA, and ESE brands.

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