BNP Paribas Financial Markets Sells 6,506 Shares of H.B. Fuller (NYSE:FUL)

BNP Paribas Financial Markets decreased its stake in shares of H.B. Fuller (NYSE:FUL - Free Report) by 45.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,931 shares of the specialty chemicals company's stock after selling 6,506 shares during the quarter. BNP Paribas Financial Markets' holdings in H.B. Fuller were worth $535,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of FUL. Jones Financial Companies Lllp boosted its stake in H.B. Fuller by 128.8% during the fourth quarter. Jones Financial Companies Lllp now owns 899 shares of the specialty chemicals company's stock worth $61,000 after acquiring an additional 506 shares in the last quarter. Sterling Capital Management LLC boosted its position in shares of H.B. Fuller by 731.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,255 shares of the specialty chemicals company's stock worth $85,000 after purchasing an additional 1,104 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of H.B. Fuller during the 4th quarter worth about $266,000. New Age Alpha Advisors LLC acquired a new stake in shares of H.B. Fuller in the 4th quarter valued at about $465,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of H.B. Fuller in the 4th quarter valued at about $783,000. Institutional investors own 95.93% of the company's stock.

Insider Buying and Selling at H.B. Fuller

In other H.B. Fuller news, CEO Celeste Beeks Mastin acquired 3,500 shares of H.B. Fuller stock in a transaction that occurred on Tuesday, April 1st. The stock was acquired at an average cost of $56.66 per share, for a total transaction of $198,310.00. Following the purchase, the chief executive officer now owns 3,500 shares of the company's stock, valued at approximately $198,310. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.99% of the company's stock.

H.B. Fuller Stock Up 0.5%

FUL traded up $0.29 during midday trading on Thursday, reaching $55.96. 243,653 shares of the company were exchanged, compared to its average volume of 382,714. H.B. Fuller has a one year low of $47.56 and a one year high of $87.67. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.16 and a current ratio of 1.81. The company's fifty day moving average price is $54.42 and its 200 day moving average price is $61.24. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 24.23, a price-to-earnings-growth ratio of 1.13 and a beta of 1.13.

H.B. Fuller (NYSE:FUL - Get Free Report) last released its quarterly earnings results on Wednesday, March 26th. The specialty chemicals company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.05. H.B. Fuller had a return on equity of 12.01% and a net margin of 3.65%. The business had revenue of $788.66 million during the quarter, compared to analyst estimates of $769.55 million. During the same period in the prior year, the firm posted $0.67 EPS. H.B. Fuller's quarterly revenue was down 2.7% compared to the same quarter last year. As a group, analysts expect that H.B. Fuller will post 4.07 EPS for the current year.

H.B. Fuller Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Tuesday, April 29th were issued a dividend of $0.235 per share. The ex-dividend date was Tuesday, April 29th. This is an increase from H.B. Fuller's previous quarterly dividend of $0.22. This represents a $0.94 annualized dividend and a yield of 1.68%. H.B. Fuller's dividend payout ratio is 47.00%.

Analyst Upgrades and Downgrades

FUL has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price target on H.B. Fuller from $60.00 to $50.00 and set an "underweight" rating on the stock in a research note on Friday, March 28th. Baird R W raised H.B. Fuller from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 17th. Seaport Res Ptn cut H.B. Fuller from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Finally, Robert W. Baird raised shares of H.B. Fuller from a "neutral" rating to an "outperform" rating and set a $60.00 price target for the company in a research report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, H.B. Fuller has an average rating of "Hold" and an average price target of $62.50.

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.