Vaughan Nelson Investment Management buys $209.9 Million stake in VWR Corp (VWR)

VWR Corp (VWR) : Vaughan Nelson Investment Management scooped up 191,362 additional shares in VWR Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 7,311,912 shares of VWR Corp which is valued at $209.9 Million.VWR Corp makes up approximately 2.67% of Vaughan Nelson Investment Management’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp added VWR to its portfolio by purchasing 352,683 company shares during the most recent quarter which is valued at $10.1 Million. VWR Corp makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio.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.Jefferies Group reduced its stake in VWR by selling 54,002 shares or 83.43% in the most recent quarter. The Hedge Fund company now holds 10,724 shares of VWR which is valued at $307,779. VWR Corp makes up approx 0.01% of Jefferies Group’s portfolio.California Public Employees Retirement System boosted its stake in VWR in the latest quarter, The investment management firm added 35,200 additional shares and now holds a total of 119,400 shares of VWR Corp which is valued at $3.3 Million. VWR Corp makes up approx 0.01% of California Public Employees Retirement System’s portfolio. Quantbot Technologies Lp added VWR to its portfolio by purchasing 4,032 company shares during the most recent quarter which is valued at $107,412. VWR Corp makes up approx 0.02% of Quantbot Technologies Lp’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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