M&T Financial institution Corp lessened its holdings in stocks of PPG Industries, Inc. (NYSE:PPG – Unfastened Document) via 2.0% within the 3rd quarter, consistent with the corporate in its most up-to-date disclosure with the Securities & Change Fee. The institutional investor owned 55,926 stocks of the area of expertise chemical compounds corporate’s inventory after promoting 1,117 stocks right through the quarter. M&T Financial institution Corp’s holdings in PPG Industries have been value $7,259,000 as of its most up-to-date submitting with the Securities & Change Fee.

Numerous different institutional traders have additionally added to or decreased their stakes within the corporate. SeaCrest Wealth Control LLC raised its holdings in PPG Industries via 2.1% in the second one quarter. SeaCrest Wealth Control LLC now owns 3,374 stocks of the area of expertise chemical compounds corporate’s inventory value $500,000 after buying an extra 70 stocks within the final quarter. Colony Team LLC raised its holdings in PPG Industries via 3.0% in the second one quarter. Colony Team LLC now owns 2,540 stocks of the area of expertise chemical compounds corporate’s inventory value $377,000 after buying an extra 74 stocks within the final quarter. Wealthcare Advisory Companions LLC raised its holdings in PPG Industries via 2.3% in the second one quarter. Wealthcare Advisory Companions LLC now owns 3,406 stocks of the area of expertise chemical compounds corporate’s inventory value $505,000 after buying an extra 77 stocks within the final quarter. Northwestern Mutual Wealth Control Co. raised its holdings in PPG Industries via 0.7% within the fourth quarter. Northwestern Mutual Wealth Control Co. now owns 12,009 stocks of the area of expertise chemical compounds corporate’s inventory value $1,510,000 after buying an extra 79 stocks within the final quarter. In spite of everything, Wedmont Non-public Capital raised its holdings in PPG Industries via 3.6% in the second one quarter. Wedmont Non-public Capital now owns 2,357 stocks of the area of expertise chemical compounds corporate’s inventory value $353,000 after buying an extra 81 stocks within the final quarter. Institutional traders personal 79.18% of the corporate’s inventory.

PPG Industries Buying and selling Down 2.5 %

Stocks of NYSE:PPG opened at $141.39 on Friday. The inventory has a marketplace capitalization of $33.34 billion, a price-to-earnings ratio of 26.48, a PEG ratio of one.15 and a beta of one.27. The corporate has a debt-to-equity ratio of 0.71, a snappy ratio of one.05 and a present ratio of one.48. The inventory’s 50-day easy transferring moderate is $143.57 and its two-hundred day easy transferring moderate is $138.68. PPG Industries, Inc. has a 52-week low of $120.32 and a 52-week top of $152.89.

PPG Industries (NYSE:PPG – Get Unfastened Document) final posted its quarterly revenue information on Friday, January nineteenth. The area of expertise chemical compounds corporate reported $1.53 EPS for the quarter, topping the consensus estimate of $1.49 via $0.04. PPG Industries had a go back on fairness of 23.79% and a web margin of 6.96%. The company had income of $4.35 billion for the quarter, in comparison to the consensus estimate of $4.27 billion. Throughout the similar quarter final yr, the corporate earned $1.22 revenue in keeping with percentage. The industry’s income for the quarter was once up 3.9% in comparison to the similar quarter final yr. Analysts be expecting that PPG Industries, Inc. will put up 8.5 EPS for the present yr.

PPG Industries Pronounces Dividend

The industry additionally not too long ago disclosed a quarterly dividend, which shall be paid on Tuesday, March twelfth. Stockholders of document on Friday, February sixteenth shall be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of one.84%. The ex-dividend date of this dividend is Thursday, February fifteenth. PPG Industries’s dividend payout ratio (DPR) is recently 48.69%.

Analysts Set New Worth Goals

A number of equities analysts have not too long ago weighed in on PPG stocks. UBS Team raised their fee goal on PPG Industries from $165.00 to $172.00 and gave the corporate a “purchase” ranking in a document on Thursday, January eleventh. Robert W. Baird restated an “outperform” ranking and set a $150.00 fee goal on stocks of PPG Industries in a document on Friday. KeyCorp raised their fee goal on PPG Industries from $166.00 to $167.00 and gave the corporate an “obese” ranking in a document on Tuesday, January ninth. Citigroup decreased their fee goal on PPG Industries from $154.00 to $152.00 and set a “purchase” ranking for the corporate in a document on Friday, October twentieth. In spite of everything, StockNews.com assumed protection on PPG Industries in a document on Thursday, October fifth. They set a “purchase” ranking for the corporate. One analysis analyst has rated the inventory with a promote ranking, 4 have assigned a grasp ranking and 11 have assigned a purchase ranking to the inventory. According to information from MarketBeat, the inventory recently has a mean ranking of “Average Purchase” and a mean goal fee of $156.56.

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PPG Industries Profile

(Unfastened Document)

PPG Industries, Inc manufactures and distributes paints, coatings, and area of expertise fabrics international. The corporate operates thru Efficiency Coatings and Business Coatings. The Efficiency Coatings section provides coatings, solvents, adhesives, sealants, sundries, and tool for automobile and industrial shipping/fleet restore and refurbishing, mild business coatings, and area of expertise coatings for indicators; and coatings, sealants, transparencies, clear armor, adhesives, engineered fabrics, and packaging and chemical control services and products for industrial, army, regional jet, and common aviation airplane.

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