W.R. Grace & Co.

  • Stay Away From This Specialty Chemicals Company

    By ANUP SINGH - August 1, 2013 | Tickers: ALB, CVX, GRA

    Albemarle (NYSE: ALB), a specialty chemicals manufacturing company, released its quarterly earnings last month and the results were terrible. The company recorded a dip in its margin and missed analysts’ estimates, which is a trend that has been continuing for a long while.

    Let’s take a look at the factors which damaged Albemarle’s top and bottom-line performance.

    The problems

    Albemarle has chalked out a rigid business strategy over more »

  • Albemarle Shares Offer Quality Growth at a Reasonable Price

    By John Park - July 17, 2013 | Tickers: ALB, CVX, GRA

    When investors think about the chemicals industry, they often envision a highly cyclical industry where companies compete primarily on price, selling commoditized chemical products. Painting the entire chemicals industry with such a broad brush, however, would gloss over exceptions to the industry rules, including specialty chemicals manufacturer Albemarle (NYSE: ALB).

    Over the past decade, Albemarle has successfully executed an efficient business strategy centered on a few core niches where it more »

  • Can a New Board Fix This Chemical Maker?

    By Robert Hanley - June 6, 2013 | Tickers: SHLM, FOE, GRA

    Chemical maker Ferro's (NYSE: FOE) mix of businesses has struggled to find momentum over the past five years, with declining sales and a sharply lower stock price. Management has been reluctant to change course, believing the sum was worth more than the parts. Two investment firms have criticized the company's strategy, leading them to launch a successful proxy battle for board seats. Fearing a potential change in control more »

  • This Long/Short Fund Finds Opportunity in Prom Season

    By Meena Krishnamsetty - May 14, 2013 | Tickers: BEAV, FNP, MSI, MW, GRA

    Glenhill Advisors was founded in 2001 by Glenn Krevlin, who uses a long-short strategy concentrated in the technology, services, and consumer goods sectors. Currently, the fund’s equity portfolio is valued at nearly $600 million with 55 positions (including options), according to the most recent 13F filed with the SEC. More than a quarter of the entire portfolio is concentrated in the top five positions.

    Why should we pay attention more »

  • Billionaire Daniel Och's New Purchases

    By Meena Krishnamsetty - March 15, 2013 | Tickers: CCE, ESRX, RLGY, NWSA, GRA

    Daniel Och started Och-Ziff Capital Management almost twenty years ago, and it has become one of the largest institutional managers of alternative assets since then. A subsidiary of the firm is OZ Management, a fund that must comply with the SEC’s quarterly requirements of position disclosures. We take keen interest in these holdings, as we have found that the most popular small-cap stocks amongst hedge fund managers can handily more »

  • Iridian Asset Management Owns 6% of W.R. Grace

    By Meena Krishnamsetty - February 2, 2013 | Tickers: ALB, MEOH, ROC 130817C00060000, RPM, GRA

    A 13G filed with the SEC has disclosed that Iridian Asset Management, a special situations fund managed by David Cohen and Harold Levy, now owns 4.5 million shares of W.R. Grace (NYSE: GRA). W.R. Grace is a $5.4 billion market cap specialty chemicals company best known for its catalysts which are used to convert oil into transportation fuels. In the third quarter of 2012, Iridian increased more »

  • Prospect of Chemical Manufacturer

    By Nitika Agrawal - January 24, 2013 | Tickers: ALB, CAT, CHMT, GRA

    Albemarle Corporation (NYSE: ALB) develops, manufactures, and markets engineered specialty chemicals in the United States as well as worldwide. In 2012, it continued to deliver strong returns for its shareholders and build an even stronger foundation for sustainable long-term growth. Moreover its Hydro processing catalysts segment finished 2012 with outstanding performance year-over-year, as the segments fourth quarter net sales went up by 61% and profits were up by 85%.

    Latest more »

  • Hedge Fund Hound Partners’ Top Stock Picks

    By Meena Krishnamsetty - January 18, 2013 | Tickers: CRI, ESV, FLT, GOOG, GRA

    Initially seeded by legendary Tiger Management, Hound Partners got its start in 2004 with Jonathan Auerbach and Scott McLellan at its helm. Both men had illustrious backgrounds as analysts, but it was Mr. Auerbach who kept this long/short equity fund alive when McLellan split off to form Marble Arch Partners in 2007. With close to a billion dollars in assets under management, Hound Partners is known to pile big more »

  • Billionaire Richard Chilton’s Latest Stock Picks

    By Meena Krishnamsetty - November 19, 2012 | Tickers: DG, HD, SHW, VVUS, GRA

    Richard Chilton, the founder and manager of Chilton Investment Company, has a net worth of about $1.3 billion. We track 13F filings by billionaire hedge fund managers and other notable investors because these filings provide the most complete public picture as to what these market players are thinking (though they are limited, notably in the sense that they do not include short positions). Chilton recently filed its 13F for more »

  • Marble Arch Investments’ Top Stock Picks

    By Meena Krishnamsetty - September 30, 2012 | Tickers: FLT, GOOG, LBTYK, TRIP, GRA

    Marble Arch Investments is one of the less known but more successful hedge funds. It was founded in 2007 by Scott McLellan, who had previously worked at Hound Partners. Hound’s manager, Jonathan Auerbach, is a Tiger Cub and McLellan can trace his investment lineage to billionaire Julian Robertson as well. Read on to learn more about some of the fund’s top picks for the second quarter of 2012 more »

  • Activist Hedge Funder Rehan Jaffer's Top Picks

    By Meena Krishnamsetty - September 16, 2012 | Tickers: BYD, ZZ, SIX, GRA

    Rehan Jaffer is an activist investor who founded H Partners Management in 2005 and presently has around $1 billion in assets under management (AUM). Jaffer acquired his taste for activist investing while at Dan Loeb's Third Point, a pioneer activist fund. After his time at Third Point, Jaffer briefly joined River Run Partners in 2004, after which he went on to found H Partners. In the book Hedge Hunters more »

  • You Can Get this Chemical Stock Cheaper Than its Insiders

    By Meena Krishnamsetty - July 31, 2012 | Tickers: ALB, ASH, CHMT, GRA

    Albemarle Corporation's (NYSE: ALB) stock has not performed well over the last three months, down about 15% versus the S&P 500’s 5%. The company’s 10-Q, released last week, did little to change the stock’s fortunes as it beat earnings estimates by only a penny per share. Revenue and earnings were substantially down compared to the second quarter of 2011, and the same is true if more »