Btim Corp. buys $71,521,326 stake in W W Grainger Inc (GWW)

W W Grainger Inc (GWW) : Btim Corp. scooped up 3,345 additional shares in W W Grainger Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 19, 2016. The investment management firm now holds a total of 312,143 shares of W W Grainger Inc which is valued at $71,521,326.W W Grainger Inc makes up approximately 1.23% of Btim Corp.’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 , Cim reduced its stake in GWW by selling 55 shares or 3.17% in the most recent quarter. The Hedge Fund company now holds 1,680 shares of GWW which is valued at $384,938. W W Grainger Inc makes up approx 0.19% of Cim’s portfolio.Wagner Bowman Management Corp boosted its stake in GWW in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 1,160 shares of W W Grainger Inc which is valued at $272,658. W W Grainger Inc makes up approx 0.11% of Wagner Bowman Management Corp’s portfolio.Benjamin F. Edwards Company boosted its stake in GWW in the latest quarter, The investment management firm added 281 additional shares and now holds a total of 4,081 shares of W W Grainger Inc which is valued at $959,239. W W Grainger Inc makes up approx 0.20% of Benjamin F. Edwards Company’s portfolio.Franklin Street Advisors Inc Nc boosted its stake in GWW in the latest quarter, The investment management firm added 668 additional shares and now holds a total of 23,557 shares of W W Grainger Inc which is valued at $5,537,073. W W Grainger Inc makes up approx 1.08% of Franklin Street Advisors Inc Nc’s portfolio. Proficio Capital Partners sold out all of its stake in GWW during the most recent quarter. The investment firm sold 4 shares of GWW which is valued $930.

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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