Crescent Park Management Lowers stake in VWR Corp (VWR)

VWR Corp (VWR) : Crescent Park Management reduced its stake in VWR Corp by 21.64% during the most recent quarter end. The investment management company now holds a total of 964,786 shares of VWR Corp which is valued at $27.7 Million after selling 266,393 shares in VWR Corp , the firm said in a disclosure report filed with the SEC on May 13, 2016.VWR Corp makes up approximately 6.33% of Crescent Park Management’s portfolio.

Other Hedge Funds, Including , Renaissance Technologies reduced its stake in VWR by selling 210,400 shares or 79.16% in the most recent quarter. The Hedge Fund company now holds 55,400 shares of VWR which is valued at $1.6 Million.Ubs Asset Management Americas Inc reduced its stake in VWR by selling 10,402 shares or 27.34% in the most recent quarter. The Hedge Fund company now holds 27,640 shares of VWR which is valued at $793,268.Martingale Asset Management L P boosted its stake in VWR in the latest quarter, The investment management firm added 26,356 additional shares and now holds a total of 157,567 shares of VWR Corp which is valued at $4.5 Million. VWR Corp makes up approx 0.09% of Martingale Asset Management L P’s portfolio.Thompson Siegel Walmsley boosted its stake in VWR in the latest quarter, The investment management firm added 278,877 additional shares and now holds a total of 687,784 shares of VWR Corp which is valued at $19.7 Million. VWR Corp makes up approx 0.33% of Thompson Siegel Walmsley’s portfolio.Emerald Advisers Incpa boosted its stake in VWR in the latest quarter, The investment management firm added 152,140 additional shares and now holds a total of 269,290 shares of VWR Corp which is valued at $7.2 Million. VWR Corp makes up approx 0.35% of Emerald Advisers Incpa’s portfolio.

VWR Corp opened for trading at $28.31 and hit $28.71 on the upside on Wednesday, eventually ending the session at $28.455, with a gain of 0.80% or 0.225 points. The heightened volatility saw the trading volume jump to 9,15,139 shares. Company has a market cap of $3,740 M.

On the company’s financial health, VWR Corp reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.38. The company had revenue of $1098.00 million for the quarter, compared to analysts expectations of $1065.51 million. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.

VWR Corporation (VWR) is a provider of laboratory products services and solutions to the life science general research and applied markets. The Company operates in two segments: North Central and South America (Americas) and Europe Middle East Africa and Asia Pacific (EMEA-APAC). It has a presence in Europe and North America with respect to the laboratory products market. It also has operations in Asia-Pacific and other markets to support its multinational customers across the globe. The Company offers a portfolio of and private label laboratory products and a range of services including custom manufacturing. The Company’s portfolio includes chemicals reagents consumables durable products and scientific equipment and instruments. The Company’s branded and private label product portfolio includes service offerings marketed under the VWRCATALYST brand including sourcing and procurement logistics chemical and equipment tracking and sample management.

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