Procurement News Notice |
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| PNN | 3969 |
| Work Detail | W W Grainger Inc (GWW) : Bsw Wealth Partners reduced its stake in W W Grainger Inc by 9.96% during the most recent quarter end. The investment management company now holds a total of 2,260 shares of W W Grainger Inc which is valued at $517,472 after selling 250 shares in W W Grainger Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.W W Grainger Inc makes up approximately 0.27% of Bsw Wealth Partners’s portfolio. Other Hedge Funds, Including , State Farm Mutual Automobile Insurance Co boosted its stake in GWW in the latest quarter, The investment management firm added 4,458 additional shares and now holds a total of 15,340 shares of W W Grainger Inc which is valued at $3,512,400. W W Grainger Inc makes up approx 0.01% of State Farm Mutual Automobile Insurance Co’s portfolio. Dudley Shanley added GWW to its portfolio by purchasing 2,000 company shares during the most recent quarter which is valued at $437,700. W W Grainger Inc makes up approx 0.09% of Dudley Shanley’s portfolio.Eqis Capital Management reduced its stake in GWW by selling 1,009 shares or 5.6% in the most recent quarter. The Hedge Fund company now holds 17,008 shares of GWW which is valued at $3,892,281. W W Grainger Inc makes up approx 0.25% of Eqis Capital Management’s portfolio.Trust Department Mb Financial Bank N A boosted its stake in GWW in the latest quarter, The investment management firm added 253 additional shares and now holds a total of 28,328 shares of W W Grainger Inc which is valued at $6,482,863. W W Grainger Inc makes up approx 0.70% of Trust Department Mb Financial Bank N A’s portfolio. W W Grainger Inc opened for trading at $231.44 and hit $231.95 on the upside on Tuesday, eventually ending the session at $230.8, with a gain of 0.02% or 0.04 points. The heightened volatility saw the trading volume jump to 2,80,262 shares. Company has a market cap of $13,946 M. On the company’s financial health, W W Grainger Inc reported $2.89 EPS for the quarter, missing the analyst consensus estimate by $ -0.28 based on the information available during the earnings call on Jul 19, 2016. Analyst had a consensus of $3.17. The company had revenue of $2564.00 million for the quarter, compared to analysts expectations of $2573.40 million. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.27 EPS. Many Wall Street Analysts have commented on W W Grainger Inc. Shares were Reiterated by UBS on Jul 20, 2016 to “Neutral” and Lowered the Price Target to $ 225 from a previous price target of $235 .Shares were Reiterated by RBC Capital Mkts on Jul 20, 2016 to “Underperform” and Lowered the Price Target to $ 187 from a previous price target of $197 .W W Grainger Inc was Downgraded by Credit Suisse to ” Neutral” on Jun 17, 2016. W.W. Grainger Inc. is a distributor of maintenance repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada with presence also in Europe Asia and Latin America. It operates in two segments: the United States and Canada. The United States business offers a selection of maintenance repair and operating supplies and other related products and services. Acklands – Grainger is a distributor of industrial and safety supplies that distributes tools fasteners safety supplies instruments welding and shop equipment among others. Other businesses include Zoro the single channel online business in the United States and operations in Europe Asia and Latin America. The Company provides customers with a range of options for finding and purchasing products utilizing sales representatives contact centers direct marketing materials catalogs and e-commerce. |
| Country | United States , Northern America |
| Industry | Financial Services |
| Entry Date | 03 Sep 2016 |
| Source | http://www.tradecalls.org/2016/08/bsw-wealth-partners-lowers-stake-in-w-w-grainger-inc-gww-374942/ |
