Tobam Takes Position in WW Grainger, Inc. (GWW)

Marco Green
August 30, 2017

"Buys WW Grainger Inc, Helmerich & Payne ..." published on August 01, 2017, Gurufocus.com published: "Old Republic International Corp Buys WW Grainger Inc, Archer-Daniels Midland ..." on August 02, 2017. The stock decreased 0.22% or $0.14 during the last trading session, reaching $63.75. About shares traded. Actuant Corporation (NYSE:ATU) has risen 0.16% since August 28, 2016 and is uptrending. It has underperformed by 12.66% the S&P500. Welch & Forbes LLC raised its position in W.W. Grainger by 0.3% in the first quarter.

Timber Hill reported 0.01% stake.

W.W. Grainger, Inc. (NYSE:GWW) was down -2.22% (-$3.54) to $156.25 and showed a volume of 0.94 mln shares. (NYSE:GWW)'s stock was -32.72%. The Gabalex Capital Management Llc holds 100,000 shares with $23.23M value, down from 120,000 last quarter. W.W. Grainger Inc. now has $9.22B valuation. Great West Life Assurance Com Can stated it has 0.03% of its portfolio in W W Grainger Inc (NYSE:GWW). It has underperformed by 37.85% the S&P500. Wall Street is only getting more bullish on the stock, with 18 of analysts who cover KEY having a buy-equivalent rating. Therefore 47% are positive. CBS Corp had 73 analyst reports since August 6, 2015 according to SRatingsIntel. The company's revenue was up 2.0% on a year-over-year basis. The firm earned "Hold" rating on Wednesday, June 21 by BMO Capital Markets. The rating was downgraded by Robert W. Baird on Monday, August 24 to "Neutral". The company was maintained on Tuesday, March 8 by Stifel Nicolaus. The rating was maintained by BMO Capital Markets with "Hold" on Friday, June 9. The firm has "Underweight" rating by Morgan Stanley given on Monday, January 11. RBC Capital Markets maintained the stock with "Underperform" rating in Friday, November 13 report. The stock has an average rating of "Hold" and an average price target of $180.33. RBC Capital Markets has "Sell" rating and $209 target.

Investors sentiment increased to 1.12 in 2016 Q4. The stock increased 0.92% or $1.46 on August 25, reaching $159.79. Apriem Advisors invested in 0% or 35 shares. Evercore Wealth Mgmt holds 0.01% or 997 shares in its portfolio. 258.43 million shares or 8.05% less from 281.05 million shares in 2016Q3 were reported. Andra Ap has invested 0.06% in W W Grainger Inc (NYSE:GWW). Hermes Inv Management holds 0.01% or 5,284 shares. 223,242 are held by Invesco Limited. Comerica Bankshares reported 394,334 shares. The Bermuda-based Fil Ltd has invested 0% in W W Grainger Inc (NYSE:GWW). Zweig accumulated 26,789 shares.

Since March 2, 2017, it had 0 insider purchases, and 1 insider sale for $173,104 activity. About shares traded. AmerisourceBergen Corp.

Mountain Lake Investment Management Llc decreased Cnx Coal Res Lp stake by 51,000 shares to 350,000 valued at $6.39 million in 2016Q4. Therefore 7% are positive. W.W. Grainger's payout ratio is 59.12%. (NYSE:ABC) has "Buy" rating given on Monday, August 7 by Leerink Swann. Stifel Nicolaus maintained W W Grainger Inc (NYSE:GWW) on Thursday, October 1 with "Buy" rating.

W.W. Grainger (NYSE:GWW) last announced its quarterly earnings results on Wednesday, July 19th. 27,520 were reported by Ontario Teachers Pension Plan Board. As per Thursday, May 18, the company rating was downgraded by Deutsche Bank. The stock has "Underperform" rating by RBC Capital Markets on Thursday, July 30.

W.W. Grainger, Inc. (Grainger), launched on December 27, 1928, is a distributor of maintenance, fix and operating (MRO) supplies and other related products and services. The falling wedges has high throwback and pullback rate: 56%, 69% and the percent of wedges meeting target is not very high. BidaskClub raised shares of W.W. Grainger from a "sell" rating to a "hold" rating in a research note on Wednesday, July 5th. The most recent short interest data show 16.44% of the company's stock are short sold.

Glenview Capital Management Llc increased Apple Inc (NASDAQ:AAPL) stake by 2.47 million shares to 3.15 million valued at $365.19M in 2016Q4. 1,505 were reported by Schmidt P J Invest Management. It worsened, as 44 investors sold W W Grainger Inc shares while 197 reduced holdings. 72 funds opened positions while 159 raised stakes. Ally Fin owns 0.47% invested in W W Grainger Inc (NYSE:GWW) for 12,000 shares. Bb&T holds 1,815 shares. Provise Management Group Llc owns 28,033 shares or 0.06% of their USA portfolio. The stock of W W Grainger Inc (NYSE:GWW) has "Equal Weight" rating given on Monday, October 19 by Barclays Capital. Millennium Management Ltd Limited Liability Company stated it has 0% in W W Grainger Inc (NYSE:GWW). Finemark Savings Bank holds 210 shares or 0% of its portfolio. The number of shares now owned by investors are 57.16 mln.

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