Brinker Capital Inc. Has $221,000 Holdings in HB Fuller Co (FUL)

Brinker Capital Inc. cut its stake in shares of HB Fuller Co (NYSE:FUL) by 11.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,183 shares of the specialty chemicals company’s stock after selling 645 shares during the quarter. Brinker Capital Inc.’s holdings in HB Fuller were worth $221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the company. Mairs & Power INC lifted its holdings in shares of HB Fuller by 4.7% during the fourth quarter. Mairs & Power INC now owns 2,649,377 shares of the specialty chemicals company’s stock worth $113,049,000 after purchasing an additional 117,958 shares during the period. Geode Capital Management LLC lifted its holdings in shares of HB Fuller by 9.9% during the fourth quarter. Geode Capital Management LLC now owns 532,754 shares of the specialty chemicals company’s stock worth $22,732,000 after purchasing an additional 48,148 shares during the period. California State Teachers Retirement System lifted its holdings in shares of HB Fuller by 2.3% during the fourth quarter. California State Teachers Retirement System now owns 79,286 shares of the specialty chemicals company’s stock worth $3,383,000 after purchasing an additional 1,789 shares during the period. Murphy Pohlad Asset Management LLC acquired a new stake in shares of HB Fuller during the fourth quarter worth about $159,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of HB Fuller by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,119,631 shares of the specialty chemicals company’s stock worth $90,446,000 after purchasing an additional 47,000 shares during the period. Hedge funds and other institutional investors own 99.25% of the company’s stock.

In other HB Fuller news, VP Heather Campe sold 11,457 shares of the company’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $50.36, for a total value of $576,974.52. Following the completion of the sale, the vice president now directly owns 20,644 shares in the company, valued at approximately $1,039,631.84. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Timothy J. Keenan sold 13,205 shares of the company’s stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $48.32, for a total value of $638,065.60. Following the completion of the sale, the vice president now owns 38,435 shares of the company’s stock, valued at $1,857,179.20. The disclosure for this sale can be found here. Insiders have sold 27,877 shares of company stock valued at $1,372,125 over the last quarter. 3.46% of the stock is owned by company insiders.

A number of research firms recently commented on FUL. Zacks Investment Research downgraded HB Fuller from a “hold” rating to a “sell” rating in a report on Thursday, January 24th. Deutsche Bank downgraded HB Fuller from a “buy” rating to a “hold” rating and set a $50.00 price target for the company. in a report on Tuesday, February 5th. ValuEngine raised HB Fuller from a “sell” rating to a “hold” rating in a report on Tuesday, January 22nd. Finally, JPMorgan Chase & Co. downgraded HB Fuller from an “overweight” rating to a “neutral” rating and set a $50.79 price target for the company. in a report on Tuesday, April 9th. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. HB Fuller presently has a consensus rating of “Hold” and an average target price of $57.97.

Shares of FUL stock traded up $0.32 during trading hours on Friday, hitting $50.75. 264,918 shares of the company’s stock were exchanged, compared to its average volume of 383,812. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.10 and a quick ratio of 1.36. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 1.29 and a beta of 1.44. HB Fuller Co has a fifty-two week low of $39.61 and a fifty-two week high of $59.58.

HB Fuller (NYSE:FUL) last announced its earnings results on Wednesday, March 27th. The specialty chemicals company reported $0.34 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.34. HB Fuller had a return on equity of 13.53% and a net margin of 4.52%. The business had revenue of $673.00 million during the quarter, compared to the consensus estimate of $697.64 million. HB Fuller’s revenue was down 5.6% on a year-over-year basis. Analysts anticipate that HB Fuller Co will post 3.29 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 2nd. Investors of record on Thursday, April 18th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.26%. This is a boost from HB Fuller’s previous quarterly dividend of $0.16. The ex-dividend date is Wednesday, April 17th. HB Fuller’s payout ratio is presently 21.33%.

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HB Fuller Company Profile

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.

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Institutional Ownership by Quarter for HB Fuller (NYSE:FUL)

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