H.B. Fuller (NYSE:FUL) Stock Rating Lowered by Vertical Research

H.B. Fuller (NYSE:FUL - Get Free Report) was downgraded by investment analysts at Vertical Research from a "buy" rating to a "hold" rating in a report issued on Monday, Marketbeat.com reports.

A number of other research firms also recently weighed in on FUL. Citigroup cut their price target on H.B. Fuller from $78.00 to $68.00 and set a "neutral" rating on the stock in a research note on Friday. StockNews.com cut H.B. Fuller from a "buy" rating to a "hold" rating in a report on Wednesday, September 18th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $90.25.

H.B. Fuller Trading Up 0.8 %

Shares of NYSE:FUL traded up $0.52 during trading on Monday, hitting $63.31. 488,880 shares of the company's stock were exchanged, compared to its average volume of 584,127. The firm has a 50-day moving average price of $73.09 and a two-hundred day moving average price of $77.68. H.B. Fuller has a 1-year low of $61.71 and a 1-year high of $87.67. The firm has a market cap of $3.46 billion, a P/E ratio of 19.54, a PEG ratio of 1.24 and a beta of 1.43. The company has a current ratio of 1.89, a quick ratio of 1.16 and a debt-to-equity ratio of 1.10.

Institutional Trading of H.B. Fuller

Several hedge funds have recently added to or reduced their stakes in FUL. Lord Abbett & CO. LLC increased its holdings in shares of H.B. Fuller by 79.8% in the third quarter. Lord Abbett & CO. LLC now owns 730,058 shares of the specialty chemicals company's stock worth $57,952,000 after acquiring an additional 324,056 shares in the last quarter. Marshall Wace LLP increased its stake in H.B. Fuller by 9.9% during the 2nd 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. Geode Capital Management LLC raised its holdings in H.B. Fuller by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,258,752 shares of the specialty chemicals company's stock worth $99,939,000 after buying an additional 18,734 shares during the period. Dorsey & Whitney Trust CO LLC lifted its position in H.B. Fuller by 8.1% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 71,354 shares of the specialty chemicals company's stock valued at $5,491,000 after acquiring an additional 5,356 shares in the last quarter. Finally, S&CO Inc. lifted 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 in the last quarter. Institutional investors and hedge funds own 95.93% of the company's stock.

About H.B. Fuller

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.