285,435 Shares in Grail, Inc. (NASDAQ:GRAL) Acquired by TCW Group Inc.

TCW Group Inc. bought a new stake in Grail, Inc. (NASDAQ:GRAL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 285,435 shares of the company’s stock, valued at approximately $5,095,000. TCW Group Inc. owned about 0.85% of Grail as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GRAL. Douglas Lane & Associates LLC bought a new position in shares of Grail during the 4th quarter valued at $3,034,000. A. D. Beadell Investment Counsel Inc. acquired a new position in Grail during the fourth quarter worth $430,000. FNY Investment Advisers LLC bought a new position in Grail during the fourth quarter valued at about $26,000. 180 Wealth Advisors LLC acquired a new stake in shares of Grail in the fourth quarter worth about $1,681,000. Finally, B & T Capital Management DBA Alpha Capital Management bought a new stake in shares of Grail during the 4th quarter worth about $387,000.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on GRAL shares. Morgan Stanley assumed coverage on Grail in a research note on Wednesday, November 27th. They issued an “equal weight” rating and a $16.00 price objective on the stock. Wolfe Research assumed coverage on Grail in a report on Friday, November 15th. They set a “peer perform” rating on the stock.

Grail Price Performance

Grail stock opened at $40.73 on Monday. Grail, Inc. has a fifty-two week low of $12.33 and a fifty-two week high of $63.99. The firm has a fifty day moving average price of $26.69 and a two-hundred day moving average price of $19.24.

Grail (NASDAQ:GRAL) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($1.86) earnings per share for the quarter, topping the consensus estimate of ($4.41) by $2.55. The business had revenue of $38.25 million for the quarter, compared to analyst estimates of $35.33 million. Analysts forecast that Grail, Inc. will post -15.15 EPS for the current fiscal year.

Grail Profile

GRAIL, Inc is a healthcare company. It engages in the development of a technology for early detection of cancer. The company was founded by Jeffrey T. Huber, William H. Rastetter, and Mostafa Ronaghi on September 11, 2015 and is headquartered in Menlo Park, CA.