CDW Corp (CDW) : Hershey Trust Co added new position in CDW Corp during the most recent quarter end. The investment management firm now holds 5,183 shares of CDW Corp which is valued at $219,034 , the company said in a statement filed on Jul 21, 2016 with the SEC.
Other Hedge Funds, Including , Ibm Retirement Fund boosted its stake in CDW in the latest quarter, The investment management firm added 3,156 additional shares and now holds a total of 16,435 shares of CDW Corp which is valued at $694,543. CDW Corp makes up approx 0.02% of Ibm Retirement Fund’s portfolio. Hamilton Lane Advisors added CDW to its portfolio by purchasing 290,258 company shares during the most recent quarter which is valued at $11,891,870. CDW Corp makes up approx 5.59% of Hamilton Lane Advisors’s portfolio.Community Trust Investment Co boosted its stake in CDW in the latest quarter, The investment management firm added 6,090 additional shares and now holds a total of 237,983 shares of CDW Corp which is valued at $9,750,164. CDW Corp makes up approx 1.21% of Community Trust Investment Co’s portfolio.Raymond James Trust N.a. boosted its stake in CDW in the latest quarter, The investment management firm added 550 additional shares and now holds a total of 5,599 shares of CDW Corp which is valued at $226,368. CDW Corp makes up approx 0.02% of Raymond James Trust N.a.’s portfolio.
CDW Corp opened for trading at $42.57 and hit $42.75 on the upside on Thursday, eventually ending the session at $42.69, with a gain of 0.19% or 0.08 points. The heightened volatility saw the trading volume jump to 4,84,319 shares. Company has a market cap of $7,070 M.
On the company’s financial health, CDW Corp reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.65. The company had revenue of $3116.70 million for the quarter, compared to analysts expectations of $3101.21 million. The company’s revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.
Many Wall Street Analysts have commented on CDW Corp. CDW Corp was Downgraded by Raymond James to ” Mkt Perform” on Apr 25, 2016.
CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility security data center optimization cloud computing virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments CDW Advanced Services Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively its vendor partners) whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250000 small medium and large business government education and healthcare customers by delivering solutions to their IT needs.