Here is the rundown on market activity for H. B. Fuller Company Common Sto (NYSE:FUL). Executive VP of Strategy James R. Giertz sold 25,000 shares at an average price of $45.79 on Tue the 27th. Giertz now owns $3,806,111 of stock as reported to the SEC. Yesterday VP Timothy J. Keenan disclosed the sale of 8,037 shares of FUL stock. The shares were purchased at an average price of $46.03. Keenan now owns $1,013,903 of the stock per the Form 4 SEC filing.
James Owens, President and CEO reported the sale of 55,048 shares of (FUL). The shares were sold on July 29th for a price of $46.41. The President and CEO now owns $6,386,122 of the stock according to the SEC filing.
Here are a few additional firms who have increased or decreased their stake in (FUL). Macquarie Group Ltd bolstered its holdings by buying 22,390 shares an increase of 1.5% from 03/31/2016 to 06/30/2016. Macquarie Group Ltd controls 1,514,296 shares valued at $66,614,000. The total value of its holdings increased 5.2%. As of quarter end Nomura Holdings Inc had bought 4,909 shares growing its holdings by 39.4%. The value in dollars went from $529,000 to $771,000 a change of $242,000 quarter to quarter.
As of the end of the quarter Mason Street Advisors, LLC had acquired a total of 1,615 shares growing its stake by 19.8%. The value of the total investment in H. B. Fuller Company Common Sto increased from $297,000 to $430,000 a change of 44.8% quarter over quarter. Royal Bank Of Canada augmented its ownership by buying 2,126 shares an increase of 15,185.7% as of 06/30/2016. Royal Bank Of Canada owns 2,140 shares worth $94,000. The value of the position overall is up by 9,300.0%.
On September 26 the company was upgraded from “” to “Buy” in a report issued by Seaport Global. On April 21 the company was changed to a “Hold” in a report from Deutsche Bank which is down from the previous “Buy” rating.
On March 28 the stock rating was upgraded to “Overweight” from “Neutral” with a current price target of $46.00 in a statement from JP Morgan. On March 28 Deutsche Bank held the stock rating at “Buy” but raised the price expectation to $44.00 from $40.00.
JP Morgan upgraded the stock and raised the price target on March 28 changing the price objective from $37.00 to $46.00 and moving the rating from “Neutral” to “Overweight”. On June 26, 2015 the stock rating was rated “Neutral” according to a Longbow Research report which was a boost from the previous “Underperform” rating.
The company is now up from yesterday’s close of $45.8. Additionally the company announced a dividend for shareholders paid on Thursday the 28th of July 2016. The dividend payment was $0.140 per share for the quarter which comes to $0.56 on an annualized basis. This dividend represents a yeild of $1.29 which is the dividend as a percentage of the current share price. The ex-dividend date was Tuesday the 12th of July 2016.
It is currently trading at $46.44 just a bit lower than $46.79, the 50 day moving average and barely above the 200 day moving average of $45.17. The 50 day moving average was down $-0.35 and the 200 day average was up $1.27.
The company currently has a P/E ratio of 21.60 and the market cap is 2.34B. In the latest earnings report the EPS was $2.15 and is projected to be $2.49 for the current year with 50,292,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.55 and the next full year EPS is projected to be $2.80.