H.B. Fuller (NYSE:FUL) Short Interest Update

H.B. Fuller (NYSE:FUL - Get Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,320,000 shares, a growth of 9.1% from the November 30th total of 1,210,000 shares. Based on an average daily volume of 301,700 shares, the short-interest ratio is currently 4.4 days.

Institutional Investors Weigh In On H.B. Fuller

Several institutional investors have recently added to or reduced their stakes in the stock. Lord Abbett & CO. LLC raised its position in H.B. Fuller by 79.8% in the 3rd quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company's stock valued at $57,952,000 after buying an additional 324,056 shares during the last quarter. Geode Capital Management LLC raised its holdings 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 valued at $99,939,000 after purchasing an additional 18,734 shares during the last quarter. S&CO Inc. raised its holdings in shares of H.B. Fuller by 0.3% in the third quarter. S&CO Inc. now owns 267,192 shares of the specialty chemicals company's stock valued at $21,209,000 after purchasing an additional 920 shares during the last quarter. Marshall Wace LLP lifted its position in shares of H.B. Fuller by 9.9% in the second quarter. Marshall Wace LLP now owns 290,005 shares of the specialty chemicals company's stock worth $22,319,000 after purchasing an additional 26,239 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC boosted its holdings in H.B. Fuller by 8.1% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 71,354 shares of the specialty chemicals company's stock worth $5,491,000 after purchasing an additional 5,356 shares during the last quarter. 95.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

FUL has been the subject of several analyst reports. StockNews.com lowered H.B. Fuller from a "buy" rating to a "hold" rating in a research report on Wednesday, September 18th. Citigroup reduced their price objective on shares of H.B. Fuller from $85.00 to $78.00 and set a "neutral" rating on the stock in a research note on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, H.B. Fuller has a consensus rating of "Hold" and a consensus price target of $92.75.

H.B. Fuller Stock Up 0.6 %

NYSE FUL traded up $0.39 during trading hours on Wednesday, reaching $67.48. 232,801 shares of the company's stock were exchanged, compared to its average volume of 233,160. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.89. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 20.83, a price-to-earnings-growth ratio of 1.24 and a beta of 1.41. The company's 50-day moving average is $73.97 and its two-hundred day moving average is $78.09. H.B. Fuller has a one year low of $66.46 and a one year high of $87.67.

H.B. Fuller Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th were given a dividend of $0.2225 per share. This represents a $0.89 annualized dividend and a dividend yield of 1.32%. The ex-dividend date was Thursday, October 17th. H.B. Fuller's dividend payout ratio is 27.47%.

H.B. Fuller Company 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.