Grace W R & Co Del New (GRA) Holder Moore Capital Management LP Has Boosted Holding by $4.13 Million as Valuation Rose; Scopus Asset Management LP Upped Its Ferro (FOE) Stake by $1.29 Million
Date: Mar 18, 2019
Moore Capital Management Lp increased its stake in Grace W R & Co Del New (GRA) by 105.84% based on its latest 2018Q4 regulatory filing with the SEC. Moore Capital Management Lp bought 64,561 shares as the company’s stock rose 24.21% with the market. The hedge fund held 125,561 shares of the major chemicals company at the end of 2018Q4, valued at $8.15 million, up from 61,000 at the end of the previous reported quarter. Moore Capital Management Lp who had been investing in Grace W R & Co Del New for a number of months, seems to be bullish on the $5.17B market cap company. The stock increased 0.31% or $0.24 during the last trading session, reaching $77.47. About 279,901 shares traded. W. R. Grace & Co. (NYSE:GRA) has risen 17.42% since March 17, 2018 and is uptrending. It has outperformed by 13.05% the S&P500. Some Historical GRA News: 25/04/2018 – WR Grace Now Sees 2018 Organic Sales Growth 5%-7%; Had Seen 4%-6%; 07/05/2018 – 40 North Takes Stake in Chemicals Maker W.R. Grace; 25/04/2018 – WR Grace 1Q EPS 64c; 25/04/2018 – W.R. Grace Profit Up, Raises Sales Outlook; 26/04/2018 – W. R. GRACE & CO GRA.N : UBS RAISES TARGET PRICE TO $87 FROM $86; 26/04/2018 – W. R. GRACE & CO – WILL INSTITUTE A SURCHARGE OF $0.35 PER POUND ON PRICE OF ITS SULFUR OXIDES REDUCTION ADDITIVES; 07/05/2018 – DAVID WINTER REPORTS 9.9 PCT STAKE IN W. R. GRACE & CO, AS OF APRIL 25, 2018 – SEC FILING; 26/04/2018 – W. R. GRACE & CO – INCREASED DEMAND FOR FERROVANADIUM FOR STEEL PRODUCTION HAS ALSO HELPED IN ESCALATING VANADIUM PRICES; 25/04/2018 – WR Grace 1Q Adj EPS 82c; 09/05/2018 – Grace Board Elects Yanai Independent Director
Scopus Asset Management Lp increased its stake in Ferro Corp (FOE) by 5.07% based on its latest 2018Q4 regulatory filing with the SEC. Scopus Asset Management Lp bought 85,689 shares as the company’s stock declined 0.41% while stock markets rallied. The hedge fund held 1.78M shares of the paints and coatings company at the end of 2018Q4, valued at $27.86 million, up from 1.69 million at the end of the previous reported quarter. Scopus Asset Management Lp who had been investing in Ferro Corp for a number of months, seems to be bullish on the $1.55 billion market cap company. The stock increased 1.46% or $0.27 during the last trading session, reaching $18.74. About 630,867 shares traded or 6.62% up from the average. Ferro Corporation (NYSE:FOE) has declined 15.24% since March 17, 2018 and is downtrending. It has underperformed by 19.61% the S&P500. Some Historical FOE News: 19/03/2018 – TRONC INC – MICHAEL FERRO RETIRING FROM BOARD AS CO PREPARES TO CLOSE ON SALE OF LOS ANGELES TIMES TO LOCAL OWNERSHIP; 13/04/2018 – Ferro Out at Chicago Tribune Parent as Controversial Reign Ends; 19/03/2018 – Tronc: Michael Ferro Retires After Negotiating $500M L.A. Times Sale to Local Owners; 20/03/2018 – Michael Ferro Steps Down as Tronc’s Chairman; Accused of Unwanted Advances; 26/04/2018 – FERRO CORP – WILL USE PROCEEDS TO REPAY OUTSTANDING BALANCES ON ITS PRIOR FACILITY; 19/04/2018 – REVERSE FLEX: Ferro $355m TLB-1, $235m TLB-2 Now Offered at Par; 13/03/2018 – TUPY SAYS FERNANDO DE RIZZO NAMED CEO, REPLACES SARDINHA FERRO; 30/05/2018 – Ferro Presenting at KeyCorp Conference Tomorrow; 27/03/2018 – GAMCO REPORTS 10.98% STAKE IN FERRO CORPORATION; 09/03/2018 MOIL LTD MOIL.NS – TO SETUP FERRO ALLOYS PLANT AT GUMGAON MINE WITH TOTAL INVESTMENT OF 1.55 BLN RUPEES
