3,942 Shares in H.B. Fuller (NYSE:FUL) Bought by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in shares of H.B. Fuller (NYSE:FUL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,942 shares of the specialty chemicals company’s stock, valued at approximately $266,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FUL. Jones Financial Companies Lllp grew its stake in shares of H.B. Fuller by 128.8% during the 4th quarter. Jones Financial Companies Lllp now owns 899 shares of the specialty chemicals company’s stock valued at $61,000 after acquiring an additional 506 shares during the period. Wesbanco Bank Inc. boosted its holdings in H.B. Fuller by 41.2% in the 4th quarter. Wesbanco Bank Inc. now owns 13,700 shares of the specialty chemicals company’s stock worth $924,000 after buying an additional 4,000 shares during the period. Geode Capital Management LLC boosted its stake in shares of H.B. Fuller by 1.5% in the third quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company’s stock worth $99,939,000 after acquiring an additional 18,734 shares during the period. Amundi lifted its holdings in H.B. Fuller by 191.9% in the 4th quarter. Amundi now owns 28,553 shares of the specialty chemicals company’s stock worth $1,804,000 after purchasing an additional 18,771 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in H.B. Fuller by 17.2% in the 4th quarter. Bank of New York Mellon Corp now owns 554,947 shares of the specialty chemicals company’s stock worth $37,448,000 after purchasing an additional 81,558 shares during the period. Hedge funds and other institutional investors own 95.93% of the company’s stock.

Wall Street Analyst Weigh In

FUL has been the topic of several research analyst reports. Vertical Research downgraded shares of H.B. Fuller from a “buy” rating to a “hold” rating in a report on Monday, January 6th. Citigroup decreased their price target on shares of H.B. Fuller from $78.00 to $68.00 and set a “neutral” rating on the stock in a research note on Friday, January 3rd. Deutsche Bank Aktiengesellschaft cut their price target on H.B. Fuller from $75.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, January 22nd. Seaport Res Ptn downgraded H.B. Fuller from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. reduced their price target on shares of H.B. Fuller from $60.00 to $50.00 and set an “underweight” rating on the stock in a research report on Friday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $70.00.

H.B. Fuller Stock Down 5.0 %

Shares of FUL opened at $54.76 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.81 and a debt-to-equity ratio of 1.10. H.B. Fuller has a 52-week low of $52.59 and a 52-week high of $87.67. The company has a market cap of $2.97 billion, a PE ratio of 23.70, a P/E/G ratio of 1.13 and a beta of 1.41. The business has a fifty day moving average of $58.31 and a 200 day moving average of $68.68.

H.B. Fuller (NYSE:FUL) last issued its quarterly earnings results on Wednesday, March 26th. The specialty chemicals company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.05. H.B. Fuller had a return on equity of 12.01% and a net margin of 3.65%. The firm had revenue of $788.66 million during the quarter, compared to analyst estimates of $769.55 million. During the same period last year, the company earned $0.67 EPS. H.B. Fuller’s quarterly revenue was down 2.7% compared to the same quarter last year. On average, sell-side analysts expect that H.B. Fuller will post 4.07 EPS for the current year.

H.B. Fuller Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were given a $0.2225 dividend. The ex-dividend date was Thursday, February 6th. This represents a $0.89 annualized dividend and a yield of 1.63%. H.B. Fuller’s dividend payout ratio (DPR) is 44.50%.

H.B. Fuller Profile

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.