Bristol John W Co Inc Ny Lowers stake in W W Grainger Inc (GWW)

W W Grainger Inc (GWW) : Bristol John W Co Inc Ny reduced its stake in W W Grainger Inc by 3.7% during the most recent quarter end. The investment management company now holds a total of 356,363 shares of W W Grainger Inc which is valued at $81,653,454 after selling 13,686 shares in W W Grainger Inc , the firm said in a disclosure report filed with the SEC on Apr 18, 2016.W W Grainger Inc makes up approximately 2.16% of Bristol John W Co Inc Ny’s portfolio.

W W Grainger Inc opened for trading at $227.25 and hit $229.95 on the upside on Friday, eventually ending the session at $229.13, with a gain of 0.54% or 1.24 points. The heightened volatility saw the trading volume jump to 8,49,178 shares. Company has a market cap of $14,144 M.

Other Hedge Funds, Including , Capital One National Association reduced its stake in GWW by selling 31 shares or 1.87% in the most recent quarter. The Hedge Fund company now holds 1,630 shares of GWW which is valued at $373,482. W W Grainger Inc makes up approx 0.03% of Capital One National Association’s portfolio.Capital Impact Advisors boosted its stake in GWW in the latest quarter, The investment management firm added 165 additional shares and now holds a total of 3,765 shares of W W Grainger Inc which is valued at $884,963. W W Grainger Inc makes up approx 0.42% of Capital Impact Advisors’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in GWW in the latest quarter, The investment management firm added 1,123 additional shares and now holds a total of 13,150 shares of W W Grainger Inc which is valued at $3,090,908. W W Grainger Inc makes up approx 0.07% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Eqis Capital Management reduced its stake in GWW by selling 3,400 shares or 15.88% in the most recent quarter. The Hedge Fund company now holds 18,017 shares of GWW which is valued at $4,187,331. W W Grainger Inc makes up approx 0.30% of Eqis Capital Management’s portfolio.Fruth Investment Management reduced its stake in GWW by selling 250 shares or 0.95% in the most recent quarter. The Hedge Fund company now holds 26,090 shares of GWW which is valued at $6,063,577. W W Grainger Inc makes up approx 3.06% of Fruth Investment Management’s portfolio.

On the company’s financial health, W W Grainger Inc reported $3.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.34 according to the earnings call on Apr 18, 2016. Analyst had a consensus of $2.84. The company had revenue of $2506.50 million for the quarter, compared to analysts expectations of $2495.12 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.10 EPS.

Many Wall Street Analysts have commented on W W Grainger Inc. Company shares were Reiterated by RBC Capital Mkts on Apr 19, 2016 to “Underperform”, Firm has raised the Price Target to $ 193 from a previous price target of $180 .W W Grainger Inc was Downgraded by Stifel to ” Hold” on Apr 1, 2016. W W Grainger Inc was Initiated by Sterne Agee CRT to “Buy” on Mar 22, 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.

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