Champlain Investment Partners Decreased H.B. Fuller Company (FUL) Stake as Stock Value Declined; Manulife Financial (MFC) Market Value Declined While Barometer Capital Management Upped Its Holding

April 17, 2018 - By Marguerite Chambers

H.B. Fuller Company (NYSE:FUL) Logo

Champlain Investment Partners Llc decreased its stake in H.B. Fuller Company (FUL) by 0.96% based on its latest 2017Q4 regulatory filing with the SEC. Champlain Investment Partners Llc sold 17,270 shares as the company’s stock declined 8.57% with the market. The institutional investor held 1.79 million shares of the home furnishings company at the end of 2017Q4, valued at $96.32M, down from 1.81M at the end of the previous reported quarter. Champlain Investment Partners Llc who had been investing in H.B. Fuller Company for a number of months, seems to be less bullish one the $2.63B market cap company. The stock increased 2.43% or $1.23 during the last trading session, reaching $51.97. About 336,075 shares traded. H.B. Fuller Company (NYSE:FUL) has declined 5.88% since April 17, 2017 and is downtrending. It has underperformed by 17.43% the S&P500.

Barometer Capital Management Inc increased its stake in Manulife Financial Corp (MFC) by 4.41% based on its latest 2017Q4 regulatory filing with the SEC. Barometer Capital Management Inc bought 24,100 shares as the company’s stock declined 12.62% with the market. The hedge fund held 570,800 shares of the life insurance company at the end of 2017Q4, valued at $11.91M, up from 546,700 at the end of the previous reported quarter. Barometer Capital Management Inc who had been investing in Manulife Financial Corp for a number of months, seems to be bullish on the $35.50 billion market cap company. The stock decreased 0.32% or $0.06 during the last trading session, reaching $18.61. About 1.12M shares traded. Manulife Financial Corporation (NYSE:MFC) has risen 4.92% since April 17, 2017 and is uptrending. It has underperformed by 6.63% the S&P500.

Barometer Capital Management Inc, which manages about $2.58B and $1.11B US Long portfolio, decreased its stake in Owens Corning (NYSE:OC) by 35,800 shares to 231,900 shares, valued at $21.32M in 2017Q4, according to the filing. It also reduced its holding in Ishares Us Home Construction Etf (ITB) by 20,200 shares in the quarter, leaving it with 99,900 shares, and cut its stake in Spdr S&P Transportation Etf Trust.

Among 6 analysts covering Manulife Financial Corp. (NYSE:MFC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Manulife Financial Corp. had 12 analyst reports since July 29, 2015 according to SRatingsIntel. As per Thursday, February 22, the company rating was maintained by Morgan Stanley. Morgan Stanley maintained Manulife Financial Corporation (NYSE:MFC) on Monday, November 13 with “Equal-Weight” rating. The firm has “Outperform” rating given on Friday, November 13 by RBC Capital Markets. The rating was maintained by Morgan Stanley on Thursday, April 5 with “Equal-Weight”. Dundee Securities initiated the stock with “Buy” rating in Wednesday, September 21 report. The rating was maintained by TD Securities with “Buy” on Friday, August 7. RBC Capital Markets maintained Manulife Financial Corporation (NYSE:MFC) on Friday, August 7 with “Outperform” rating. On Thursday, October 5 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. IBC downgraded the stock to “Sector Perform” rating in Thursday, August 4 report. The company was initiated on Wednesday, August 24 by Bank of America.

Champlain Investment Partners Llc, which manages about $6.04B and $8.84 billion US Long portfolio, upped its stake in Henry Schein Inc. (NASDAQ:HSIC) by 9,560 shares to 918,355 shares, valued at $64.18M in 2017Q4, according to the filing. It also increased its holding in Nuvasive Inc. (NASDAQ:NUVA) by 171,455 shares in the quarter, for a total of 2.87M shares, and has risen its stake in Q2 Holdings Inc. (NYSE:QTWO).

Among 10 analysts covering HB Fuller (NYSE:FUL), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. HB Fuller had 25 analyst reports since August 28, 2015 according to SRatingsIntel. As per Tuesday, February 6, the company rating was upgraded by Longbow. The firm earned “Buy” rating on Thursday, January 25 by Seaport Global. The stock has “Buy” rating by J.P. Morgan on Friday, February 9. The firm has “Hold” rating given on Thursday, September 14 by Robert W. Baird. The stock has “Hold” rating by Robert W. Baird on Monday, October 16. The rating was upgraded by Seaport Global Securities on Monday, September 26 to “Buy”. The firm has “Neutral” rating by Citigroup given on Thursday, January 25. The firm earned “Hold” rating on Wednesday, September 6 by Deutsche Bank. The stock of H.B. Fuller Company (NYSE:FUL) earned “Neutral” rating by Citigroup on Tuesday, October 31. On Wednesday, September 27 the stock rating was maintained by KeyBanc Capital Markets with “Hold”.

Analysts await H.B. Fuller Company (NYSE:FUL) to report earnings on June, 27. They expect $0.86 EPS, up 38.71% or $0.24 from last year’s $0.62 per share. FUL’s profit will be $43.49 million for 15.11 P/E if the $0.86 EPS becomes a reality. After $0.35 actual EPS reported by H.B. Fuller Company for the previous quarter, Wall Street now forecasts 145.71% EPS growth.

Investors sentiment increased to 1.37 in Q4 2017. Its up 0.20, from 1.17 in 2017Q3. It is positive, as 15 investors sold FUL shares while 61 reduced holdings. 36 funds opened positions while 68 raised stakes. 46.60 million shares or 0.98% more from 46.15 million shares in 2017Q3 were reported. Pacific Investment invested in 8,144 shares. 22,904 are owned by Ahl Prns Limited Liability Partnership. Teachers Retirement Systems Of The State Of Kentucky invested 0.01% in H.B. Fuller Company (NYSE:FUL). Principal Financial Grp Inc invested in 2.29 million shares. Amundi Pioneer Asset owns 499,439 shares or 0.04% of their US portfolio. First Personal Fincl Svcs, North Carolina-based fund reported 99 shares. 74,481 were reported by Pinebridge L P. Cim Invest Mangement reported 8,525 shares or 0.16% of all its holdings. Gabelli Funds Limited Liability holds 553,000 shares or 0.17% of its portfolio. Crawford Inv Counsel invested 0.09% in H.B. Fuller Company (NYSE:FUL). Hsbc Hldgs Public Ltd holds 0% in H.B. Fuller Company (NYSE:FUL) or 10,252 shares. Victory Mgmt reported 705,283 shares. Contravisory Investment Management Inc reported 3,668 shares. D E Shaw Co holds 0.01% of its portfolio in H.B. Fuller Company (NYSE:FUL) for 71,885 shares. Ronna Sue Cohen owns 58,169 shares or 2.23% of their US portfolio.

H.B. Fuller Company (NYSE:FUL) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: