Spf Beheer Bv Lowers stake in The Valspar Corp (VAL)

The Valspar Corp (VAL) : Spf Beheer Bv reduced its stake in The Valspar Corp by 5.43% during the most recent quarter end. The investment management company now holds a total of 718,826 shares of The Valspar Corp which is valued at $75,929,590 after selling 41,293 shares in The Valspar Corp , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.The Valspar Corp makes up approximately 3.86% of Spf Beheer Bv’s portfolio.

Other Hedge Funds, Including , Los Angeles Capital Management Equity Research Inc sold out all of its stake in VAL during the most recent quarter. The investment firm sold 5,980 shares of VAL which is valued $631,667.California State Teachers Retirement System reduced its stake in VAL by selling 6,689 shares or 3.87% in the most recent quarter. The Hedge Fund company now holds 165,959 shares of VAL which is valued at $17,492,079. The Valspar Corp makes up approx 0.04% of California State Teachers Retirement System’s portfolio.Equitec Proprietary Markets boosted its stake in VAL in the latest quarter, The investment management firm added 1,300 additional shares and now holds a total of 1,800 shares of The Valspar Corp which is valued at $192,654. The Valspar Corp makes up approx 0.42% of Equitec Proprietary Markets’s portfolio.Foundry Partners reduced its stake in VAL by selling 25,920 shares or 48.82% in the most recent quarter. The Hedge Fund company now holds 27,168 shares of VAL which is valued at $2,939,849. The Valspar Corp makes up approx 0.28% of Foundry Partners’s portfolio.

The Valspar Corp (VAL) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $105.73 and reached the intraday high at $106.22. The bulls started the profit booking and pushed the shares to intraday low of $105.54. The trading session was marked by a volume range of 91,919 shares exchanging hands. The 52-week high of the shares is $108.97 and the 52-week low is $70.58. The market cap of the company stands at $8,367 M and there are 7,92,71,193 shares in public circulation.

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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