New York State Teachers Retirement System Trims Stock Holdings in H.B. Fuller (NYSE:FUL)

New York State Teachers Retirement System lowered its position in H.B. Fuller (NYSE:FULGet Rating) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,582 shares of the specialty chemicals company’s stock after selling 1,455 shares during the quarter. New York State Teachers Retirement System owned approximately 0.19% of H.B. Fuller worth $6,165,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC purchased a new stake in H.B. Fuller in the second quarter valued at approximately $33,000. Mutual of America Capital Management LLC raised its stake in shares of H.B. Fuller by 17.0% during the second quarter. Mutual of America Capital Management LLC now owns 8,910 shares of the specialty chemicals company’s stock worth $536,000 after purchasing an additional 1,297 shares during the last quarter. Sciencast Management LP purchased a new stake in shares of H.B. Fuller during the second quarter worth approximately $564,000. MetLife Investment Management LLC raised its stake in shares of H.B. Fuller by 55.7% during the first quarter. MetLife Investment Management LLC now owns 27,833 shares of the specialty chemicals company’s stock worth $1,839,000 after purchasing an additional 9,960 shares during the last quarter. Finally, Luminus Management LLC purchased a new stake in shares of H.B. Fuller during the first quarter worth approximately $3,396,000. Hedge funds and other institutional investors own 96.53% of the company’s stock.

H.B. Fuller Trading Down 0.7 %

NYSE:FUL opened at $74.19 on Friday. The stock has a fifty day moving average price of $75.41 and a two-hundred day moving average price of $68.20. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 20.78 and a beta of 1.54. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.18 and a current ratio of 1.93. H.B. Fuller has a 1 year low of $57.36 and a 1 year high of $81.41.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on H.B. Fuller in a research note on Wednesday, October 12th. They set a “hold” rating for the company. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, H.B. Fuller has an average rating of “Hold” and a consensus price target of $71.00.

Insider Buying and Selling at H.B. Fuller

In other H.B. Fuller news, VP Heather Campe sold 14,323 shares of the company’s stock in a transaction on Monday, November 14th. The stock was sold at an average price of $75.28, for a total value of $1,078,235.44. Following the sale, the vice president now owns 9,100 shares of the company’s stock, valued at $685,048. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other H.B. Fuller news, VP Heather Campe sold 14,323 shares of the company’s stock in a transaction on Monday, November 14th. The stock was sold at an average price of $75.28, for a total value of $1,078,235.44. Following the sale, the vice president now owns 9,100 shares of the company’s stock, valued at $685,048. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James Owens sold 20,777 shares of the company’s stock in a transaction on Tuesday, October 18th. The shares were sold at an average price of $67.53, for a total value of $1,403,070.81. Following the completion of the sale, the chief executive officer now directly owns 163,703 shares in the company, valued at approximately $11,054,863.59. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 221,134 shares of company stock valued at $16,110,285. Insiders own 4.69% of the company’s stock.

H.B. Fuller Profile

(Get Rating)

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. The company operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.

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Institutional Ownership by Quarter for H.B. Fuller (NYSE:FUL)

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