H.B. Fuller (NYSE:FUL) EVP Zhiwei Cai Sells 4,645 Shares

H.B. Fuller (NYSE:FUL) EVP Zhiwei Cai sold 4,645 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $75.15, for a total value of $349,071.75. Following the sale, the executive vice president now directly owns 30,663 shares in the company, valued at $2,304,324.45. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

H.B. Fuller Trading Down 0.9 %

FUL stock opened at $74.68 on Wednesday. The company’s 50-day simple moving average is $78.25 and its 200-day simple moving average is $76.64. The company has a quick ratio of 1.23, a current ratio of 1.99 and a debt-to-equity ratio of 1.03. H.B. Fuller has a 52-week low of $62.57 and a 52-week high of $84.31. The firm has a market cap of $4.07 billion, a P/E ratio of 27.16, a PEG ratio of 1.18 and a beta of 1.52.

H.B. Fuller (NYSE:FUL) last issued its quarterly earnings results on Wednesday, March 27th. The specialty chemicals company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. The firm had revenue of $810.42 million for the quarter, compared to analyst estimates of $823.04 million. H.B. Fuller had a net margin of 4.39% and a return on equity of 12.88%. H.B. Fuller’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the company posted $0.55 EPS. As a group, equities analysts forecast that H.B. Fuller will post 4.32 EPS for the current fiscal year.

H.B. Fuller Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 25th will be paid a $0.222 dividend. The ex-dividend date of this dividend is Wednesday, April 24th. This is a positive change from H.B. Fuller’s previous quarterly dividend of $0.21. This represents a $0.89 dividend on an annualized basis and a yield of 1.19%. H.B. Fuller’s dividend payout ratio (DPR) is currently 32.36%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Luminus Management LLC lifted its stake in H.B. Fuller by 123.9% in the 3rd quarter. Luminus Management LLC now owns 410,351 shares of the specialty chemicals company’s stock valued at $28,154,000 after buying an additional 227,055 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its stake in H.B. Fuller by 2,588.7% in 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 buying an additional 322,655 shares in the last quarter. Kennedy Capital Management LLC lifted its stake in H.B. Fuller by 19.3% in the 3rd quarter. Kennedy Capital Management LLC now owns 82,273 shares of the specialty chemicals company’s stock valued at $5,645,000 after buying an additional 13,328 shares in the last quarter. Partners Capital Investment Group LLP purchased a new position in H.B. Fuller in the 4th quarter worth approximately $5,598,000. Finally, Dorsey & Whitney Trust CO LLC lifted its stake in H.B. Fuller by 11.0% in the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 66,857 shares of the specialty chemicals company’s stock worth $4,587,000 after purchasing an additional 6,606 shares in the last quarter. 95.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. StockNews.com raised H.B. Fuller from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. Robert W. Baird increased their target price on shares of H.B. Fuller from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Monday, April 1st. Stifel Nicolaus increased their target price on shares of H.B. Fuller from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, January 19th. Finally, Vertical Research initiated coverage on shares of H.B. Fuller in a research note on Tuesday, March 19th. They set a “buy” rating and a $88.00 target price on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, H.B. Fuller presently has an average rating of “Hold” and a consensus price target of $86.20.

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.