Alpinvest Partners B.v. adds CDW Corp (CDW) to its portfolio

CDW Corp (CDW) : Alpinvest Partners B.v. added new position in CDW Corp during the most recent quarter end. The investment management firm now holds 330,285 shares of CDW Corp which is valued at $14,958,608 , the company said in a statement filed on Aug 10, 2016 with the SEC.CDW Corp makes up approximately 25.01% of Alpinvest Partners B.v.’s portfolio.

Other Hedge Funds, Including , Pinebridge Investments added CDW to its portfolio by purchasing 306,739 company shares during the most recent quarter which is valued at $13,892,209. CDW Corp makes up approx 0.70% of Pinebridge Investments’s portfolio.First Trust Advisors Lp boosted its stake in CDW in the latest quarter, The investment management firm added 101,355 additional shares and now holds a total of 644,776 shares of CDW Corp which is valued at $28,840,830. CDW Corp makes up approx 0.09% of First Trust Advisors Lp’s portfolio.Boston Private Wealth reduced its stake in CDW by selling 3,701 shares or 3.19% in the most recent quarter. The Hedge Fund company now holds 112,393 shares of CDW which is valued at $4,970,018. CDW Corp makes up approx 0.20% of Boston Private Wealth’s portfolio.Ftb Advisors reduced its stake in CDW by selling 388 shares or 59.15% in the most recent quarter. The Hedge Fund company now holds 268 shares of CDW which is valued at $11,505.Capstone Asset Management Co boosted its stake in CDW in the latest quarter, The investment management firm added 3,050 additional shares and now holds a total of 84,488 shares of CDW Corp which is valued at $3,461,473. CDW Corp makes up approx 0.10% of Capstone Asset Management Co’s portfolio.

CDW Corp closed down -0.03 points or -0.07% at $44.87 with 7,49,231 shares getting traded on Friday. Post opening the session at $44.83, the shares hit an intraday low of $44.51 and an intraday high of $44.98 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, CDW Corp reported $0.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.84. The company had revenue of $3664.60 million for the quarter, compared to analysts expectations of $3645.78 million. The company’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.

CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility security data center optimization cloud computing virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments CDW Advanced Services Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively its vendor partners) whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250000 small medium and large business government education and healthcare customers by delivering solutions to their IT needs.

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