New Oriental Education & Technology Group Inc. (EDU) At $102.82 Forms Top; W. R. Grace & Co. (GRA) Had 13 Bullish Analysts

June 18, 2018 - By Martha Paddon

W. R. Grace & Co. (NYSE:GRA) Logo

New Oriental Education & Technology Group Inc. (EDU) formed multiple top with $112.07 target or 9.00% above today’s $102.82 share price. New Oriental Education & Technology Group Inc. (EDU) has $16.26B valuation. The stock decreased 0.95% or $0.99 during the last trading session, reaching $102.82. About 156,978 shares traded. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 38.68% since June 18, 2017 and is uptrending. It has outperformed by 26.11% the S&P500. Some Historical EDU News: ; 24/04/2018 New Oriental Education 3Q Adj EPS 57c; 24/04/2018 – Correct: New Oriental Education and Technology Revenues Up 41.2% Year Over Year; 24/04/2018 – NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC EDU.N : CREDIT SUISSE RAISES TARGET PRICE TO $110.20 FROM $103.00 ; RATING OUTPERFORM; 24/04/2018 – New Oriental Education and Technology Sees 4Q Rev $661.4M-$680.9M; 24/04/2018 – NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC EDU.N – QTRLY NET INCOME PER ADS ATTRIBUTABLE $0.43; 24/04/2018 – New Oriental Education 3Q Net $68.4M; 24/04/2018 – NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC EDU.N – QTRLY NON-GAAP NET INCOME PER ADS ATTRIBUTABLE $0.57; 24/05/2018 – NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC EDU.N : CLSA CUTS TO UNDERPERFORM FROM OUTPERFORM; 24/04/2018 – New Oriental Education and Technology Revenue Up 7.7% Year Over Year; 26/04/2018 – NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC EDU.N : JP MORGAN RAISES TARGET PRICE TO $90 FROM $83

Among 17 analysts covering W. R. Grace & Co (NYSE:GRA), 13 have Buy rating, 0 Sell and 4 Hold. Therefore 76% are positive. W. R. Grace & Co had 38 analyst reports since August 3, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of GRA in report on Tuesday, June 5 with “Outperform” rating. KeyBanc Capital Markets maintained the shares of GRA in report on Thursday, October 26 with “Buy” rating. The firm has “Buy” rating by KeyBanc Capital Markets given on Friday, February 9. The firm has “Buy” rating given on Tuesday, March 27 by BMO Capital Markets. The firm has “Neutral” rating by Seaport Global Securities given on Tuesday, September 13. Seaport Global maintained the stock with “Buy” rating in Monday, February 12 report. The firm earned “Hold” rating on Thursday, December 10 by BB&T Capital. Credit Suisse reinitiated W. R. Grace & Co. (NYSE:GRA) on Thursday, March 24 with “Outperform” rating. The rating was initiated by Vertical Research on Friday, May 26 with “Buy”. Goldman Sachs downgraded W. R. Grace & Co. (NYSE:GRA) on Wednesday, January 27 to “Buy” rating. See W. R. Grace & Co. (NYSE:GRA) latest ratings:

05/06/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $82 New Target: $84 Maintain
16/05/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Old Target: $70 Upgrade
26/04/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $76 New Target: $80 Maintain
26/04/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $86 New Target: $87 Maintain
25/04/2018 Broker: BMO Capital Markets Rating: Buy New Target: $82.0000 Maintain
17/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $82.0000 Maintain
11/04/2018 Broker: Credit Suisse Rating: Buy New Target: $82.0000 Maintain
27/03/2018 Broker: BMO Capital Markets Rating: Buy New Target: $77.0000 Initiate
12/02/2018 Broker: Seaport Global Rating: Buy New Target: $82.0 Maintain
09/02/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $76.0 Maintain

W. R. Grace & Co. produces and sells specialty chemicals and materials worldwide. The company has market cap of $4.92 billion. It operates through two divisions, Grace Catalysts Technologies and Grace Materials Technologies. It has a 448.28 P/E ratio. The Grace Catalysts Technologies segment offers fluid catalytic cracking catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and other petroleum products; FCC additives; and hydro processing catalysts used in process reactors to upgrade heavy oils into lighter products.

Since February 13, 2018, it had 3 insider purchases, and 0 selling transactions for $660,474 activity. 1,000 shares valued at $65,758 were bought by Cole Keith N on Wednesday, February 14. Brown Elizabeth C also bought $248,520 worth of W. R. Grace & Co. (NYSE:GRA) shares. Blaser Thomas E also bought $346,196 worth of W. R. Grace & Co. (NYSE:GRA) shares.

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.51, from 1.34 in 2017Q4. It dived, as 32 investors sold W. R. Grace & Co. shares while 87 reduced holdings. 35 funds opened positions while 64 raised stakes. 54.89 million shares or 3.19% less from 56.69 million shares in 2017Q4 were reported. Nomura Holdings has 0% invested in W. R. Grace & Co. (NYSE:GRA). 11 are held by Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma. Gideon accumulated 3,927 shares or 0.15% of the stock. Teacher Retirement Of Texas invested 0.01% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Moreover, Principal Financial Gru Inc has 0% invested in W. R. Grace & Co. (NYSE:GRA). 3,903 are owned by Prudential. New York-based Moore Capital Management Limited Partnership has invested 0.09% in W. R. Grace & Co. (NYSE:GRA). Federated Invsts Pa holds 22,717 shares. Tiemann Investment Limited Liability Co holds 0.23% of its portfolio in W. R. Grace & Co. (NYSE:GRA) for 4,600 shares. Meiji Yasuda Life holds 0.04% of its portfolio in W. R. Grace & Co. (NYSE:GRA) for 4,150 shares. Art Advisors Ltd Limited Liability Company has invested 0.14% in W. R. Grace & Co. (NYSE:GRA). First Manhattan holds 0.08% or 240,858 shares. Cibc Asset Management reported 0% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Citadel Advisors Ltd Co owns 0% invested in W. R. Grace & Co. (NYSE:GRA) for 80,128 shares. Amundi Pioneer Asset Mgmt holds 78,538 shares.

The stock decreased 0.18% or $0.13 during the last trading session, reaching $73.07. About 43,388 shares traded. W. R. Grace & Co. (NYSE:GRA) has declined 0.65% since June 18, 2017 and is downtrending. It has underperformed by 13.22% the S&P500. Some Historical GRA News: ; 03/04/2018 – Albemarle Completes $416M Sale of Portion of Performance Catalysts Solutions to W.R. Grace; 10/04/2018 – HONEYWELL DECLINES COMMENT ON WR GRACE SPECULATION; 10/04/2018 – WR GRACE SPOKESMAN COMMENTS IN EMAIL TO BLOOMBERG; 25/04/2018 – W. R. GRACE & CO – SEES 2018 SALES GROWTH (ORGANIC) 5% – 7%; 10/04/2018 – W.R. Grace & Co. (GRA) Declines to Comment on Honeywell (HON) Speculation, Doesn’t Comment on Rumors in the Marketplace – Bloomberg; 25/04/2018 – W. R. GRACE & CO GRA.N FY2018 SHR VIEW $3.77, REV VIEW $1.87 BLN — THOMSON REUTERS l/B/E/S; 03/04/2018 – W. R. GRACE & CO – THE NEW SENIOR SECURED CREDIT FACILITIES HAS 7-YR TERM LOAN FACILITY OF $950 MLN & 5-YR $400 MLN REVOLVING CREDIT FACILITY; 26/03/2018 – MOODY’S RATES GCP’S NEW REVOLVING CREDIT FACILITY AND NOTES; EXISTING RATINGS UNCHANGED; 10/04/2018 – WR GRACE DOESN’T COMMENT ON RUMORS IN THE MARKETPLACE; 25/04/2018 – WR Grace Had Seen 2018 Adhusted EPS $3.72-$3.82

W. R. Grace & Co. (NYSE:GRA) Institutional Positions Chart