Havens Advisors buys $5,410,500 stake in The Valspar Corp (VAL)

The Valspar Corp (VAL) : Havens Advisors scooped up 21,000 additional shares in The Valspar Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 13, 2016. The investment management firm now holds a total of 50,000 shares of The Valspar Corp which is valued at $5,410,500.The Valspar Corp makes up approximately 4.72% of Havens Advisors’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in VAL in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 9,695 shares of The Valspar Corp which is valued at $1,049,096. The Valspar Corp makes up approx 0.03% of Capstone Asset Management Co’s portfolio.Hall Laurie J Trustee reduced its stake in VAL by selling 300 shares or 42.25% in the most recent quarter. The Hedge Fund company now holds 410 shares of VAL which is valued at $44,366. The Valspar Corp makes up approx 0.03% of Hall Laurie J Trustee’s portfolio.Creative Planning boosted its stake in VAL in the latest quarter, The investment management firm added 22 additional shares and now holds a total of 1,983 shares of The Valspar Corp which is valued at $214,580.Weaver C. Barksdale Associates reduced its stake in VAL by selling 46 shares or 20.63% in the most recent quarter. The Hedge Fund company now holds 177 shares of VAL which is valued at $19,153. The Valspar Corp makes up approx 0.03% of Weaver C. Barksdale Associates’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in VAL by selling 14,362 shares or 29.94% in the most recent quarter. The Hedge Fund company now holds 33,612 shares of VAL which is valued at $3,643,205. The Valspar Corp makes up approx 0.02% of Bnp Paribas Arbitrage Sa’s portfolio.

The Valspar Corp closed down -0.01 points or -0.01% at $108.23 with 3,76,592 shares getting traded on Monday. Post opening the session at $108.16, the shares hit an intraday low of $107.795 and an intraday high of $108.42 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, The Valspar Corp reported $1.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on May 24, 2016. Analyst had a consensus of $1.26. The company had revenue of $1056.80 million for the quarter, compared to analysts expectations of $1123.87 million. The company’s revenue was down -2.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.11 EPS.

The Valspar Corporation is engaged in developing manufacturing and distributing a range of coatings paints and related products. The Company operates through two business segments: Coatings and Paints. The Coatings segment includes the Company’s industrial product lines and packaging product line. The Company offers a range of decorative and protective coatings for metal wood and plastic primarily for sale to original equipment manufacturing (OEM) customers in Asia Australia Europe North America and South America. The Paints segment includes the Company’s consumer paints and automotive paint refinish product lines. The Company offers a range of paints primers topcoats and aerosol spray paints through retailers distribution networks and Company-owned stores.

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