Antipodean Advisors adds W. R. Grace & Co (GRA) to its portfolio

W. R. Grace & Co (GRA) : Antipodean Advisors added new position in W. R. Grace & Co during the most recent quarter end. The investment management firm now holds 517,000 shares of W. R. Grace & Co which is valued at $38,780,170 , the company said in a statement filed on Aug 15, 2016 with the SEC.W. R. Grace & Co makes up approximately 15.97% of Antipodean Advisors’s portfolio.

Other Hedge Funds, Including , Adage Capital Partners Gp L.l.c. reduced its stake in GRA by selling 127,100 shares or 4.56% in the most recent quarter. The Hedge Fund company now holds 2,660,918 shares of GRA which is valued at $199,595,459. W. R. Grace & Co makes up approx 0.52% of Adage Capital Partners Gp L.l.c.’s portfolio. Visium Asset Management Lp sold out all of its stake in GRA during the most recent quarter. The investment firm sold 51,106 shares of GRA which is valued $3,833,461.California State Teachers Retirement System reduced its stake in GRA by selling 3,688 shares or 2.38% in the most recent quarter. The Hedge Fund company now holds 150,953 shares of GRA which is valued at $11,422,614. W. R. Grace & Co makes up approx 0.02% of California State Teachers Retirement System’s portfolio.Strs Ohio boosted its stake in GRA in the latest quarter, The investment management firm added 1,730 additional shares and now holds a total of 1,823 shares of W. R. Grace & Co which is valued at $136,415.

W. R. Grace & Co closed down -0.05 points or -0.06% at $78.08 with 4,34,283 shares getting traded on Thursday. Post opening the session at $77.84, the shares hit an intraday low of $76.935 and an intraday high of $78.08 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, W. R. Grace & Co reported $0.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.67. The company had revenue of $390.50 million for the quarter, compared to analysts expectations of $405.89 million. The company’s revenue was down -4.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.19 EPS.

W.R. Grace & Co. (Grace) is engaged in the production and sale of specialty chemicals and specialty materials on a global basis. The Company operates in three segments: Grace Catalysts Technologies which includes catalysts and related products and refining petrochemical and other chemical manufacturing technologies; Grace Materials Technologies which includes packaging technologies and engineered materials and Grace Construction Products which includes specialty construction chemicals and specialty building materials. Its brands include Sylojet Syloid Shieldex Sylosiv Sylowhite Durafill Ludox Sylodent Syloblanc Daraclar Trisyl Perkasil Phonosorb Sylobead Cryosiv Safetysorb Poliedge Sylobloc Synthetech Davisil Vydac Modcol Spring Multipacker Reveleris Revealx Graceresolv Visionht Vydac Alltech Alltima Sodasorb Darex Daraform Daraseal Darablend Sincera Celox Apperta and Sistiaga.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

W. R. Grace & Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on W. R. Grace & Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.