Acadian Asset Management buys $153,561,289 stake in VWR Corp (VWR)

VWR Corp (VWR) : Acadian Asset Management scooped up 1,391,180 additional shares in VWR Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 5,028,202 shares of VWR Corp which is valued at $153,561,289.VWR Corp makes up approximately 0.76% of Acadian Asset Management’s portfolio.

Other Hedge Funds, Including , Eagle Asset Management Inc boosted its stake in VWR in the latest quarter, The investment management firm added 78,917 additional shares and now holds a total of 364,096 shares of VWR Corp which is valued at $11,119,492. VWR Corp makes up approx 0.07% of Eagle Asset Management Inc’s portfolio. Highland Capital Management added VWR to its portfolio by purchasing 7,233 company shares during the most recent quarter which is valued at $220,896. VWR Corp makes up approx 0.02% of Highland Capital Management’s portfolio. Gw&k Investment Management added VWR to its portfolio by purchasing 360,218 company shares during the most recent quarter which is valued at $10,687,668. VWR Corp makes up approx 0.22% of Gw&k Investment Management’s portfolio.Alpha Windward reduced its stake in VWR by selling 66 shares or 5.56% in the most recent quarter. The Hedge Fund company now holds 1,122 shares of VWR which is valued at $32,830. VWR Corp makes up approx 0.02% of Alpha Windward’s portfolio.Curian Capital reduced its stake in VWR by selling 36,944 shares or 63.16% in the most recent quarter. The Hedge Fund company now holds 21,545 shares of VWR which is valued at $630,407. VWR Corp makes up approx 0.05% of Curian Capital’s portfolio.

VWR Corp opened for trading at $30.22 and hit $30.65 on the upside on Wednesday, eventually ending the session at $30.54, with a gain of 0.73% or 0.22 points. The heightened volatility saw the trading volume jump to 6,19,330 shares. Company has a market cap of $4,014 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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