Marshall Wace LLP Buys 26,239 Shares of H.B. Fuller (NYSE:FUL)

Marshall Wace LLP boosted its stake in shares of H.B. Fuller (NYSE:FUL) by 9.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 290,005 shares of the specialty chemicals company’s stock after buying an additional 26,239 shares during the period. Marshall Wace LLP owned approximately 0.53% of H.B. Fuller worth $22,319,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Partners Capital Investment Group LLP purchased a new stake in shares of H.B. Fuller in the fourth quarter valued at $5,598,000. Public Employees Retirement Association of Colorado grew its holdings in H.B. Fuller by 2,588.7% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 335,119 shares of the specialty chemicals company’s stock valued at $27,282,000 after purchasing an additional 322,655 shares during the last quarter. Security National Bank of SO Dak purchased a new stake in H.B. Fuller in the 4th quarter worth about $236,000. Neuberger Berman Group LLC lifted its stake in H.B. Fuller by 1.6% in the fourth quarter. Neuberger Berman Group LLC now owns 11,353 shares of the specialty chemicals company’s stock worth $924,000 after purchasing an additional 179 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of H.B. Fuller by 9.9% during the first quarter. BNP Paribas Financial Markets now owns 45,152 shares of the specialty chemicals company’s stock valued at $3,600,000 after buying an additional 4,077 shares during the period. 95.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded H.B. Fuller from a “buy” rating to a “hold” rating in a report on Wednesday, September 18th.

H.B. Fuller Trading Up 0.3 %

NYSE FUL opened at $80.86 on Friday. H.B. Fuller has a 12 month low of $64.64 and a 12 month high of $87.67. The company’s 50-day moving average price is $81.73 and its 200-day moving average price is $79.59. The stock has a market cap of $4.41 billion, a PE ratio of 27.60, a PEG ratio of 1.32 and a beta of 1.42. The company has a current ratio of 1.89, a quick ratio of 1.16 and a debt-to-equity ratio of 1.13.

H.B. Fuller (NYSE:FUL) last issued its earnings results on Wednesday, September 25th. The specialty chemicals company reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.10). The company had revenue of $917.93 million for the quarter, compared to analysts’ expectations of $944.04 million. H.B. Fuller had a return on equity of 13.33% and a net margin of 4.67%. The business’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business posted $1.06 earnings per share. Equities research analysts forecast that H.B. Fuller will post 4.4 earnings per share for the current year.

H.B. Fuller Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 14th. Shareholders of record on Wednesday, July 31st were given a dividend of $0.2225 per share. The ex-dividend date was Wednesday, July 31st. This is a positive change from H.B. Fuller’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 1.10%. H.B. Fuller’s payout ratio is 30.38%.

Insiders Place Their Bets

In other news, VP Heather Campe sold 23,696 shares of the firm’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of $82.66, for a total transaction of $1,958,711.36. Following the transaction, the vice president now owns 19,742 shares in the company, valued at $1,631,873.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.96% of the company’s stock.

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.