Pennsylvania Trust Co Lowers stake in Sherwin-Williams Co (SHW)

Sherwin-Williams Co (SHW) : Pennsylvania Trust Co reduced its stake in Sherwin-Williams Co by 9.25% during the most recent quarter end. The investment management company now holds a total of 5,201 shares of Sherwin-Williams Co which is valued at $1,395,948 after selling 530 shares in Sherwin-Williams Co , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Sherwin-Williams Co makes up approximately 0.11% of Pennsylvania Trust Co’s portfolio.

Other Hedge Funds, Including , Vigilant Capital Management sold out all of its stake in SHW during the most recent quarter. The investment firm sold 22 shares of SHW which is valued $5,905.Prospera Financial Services Inc reduced its stake in SHW by selling 205 shares or 14.62% in the most recent quarter. The Hedge Fund company now holds 1,197 shares of SHW which is valued at $320,090. Sherwin-Williams Co makes up approx 0.07% of Prospera Financial Services Inc’s portfolio.North Star Investment Management Corp. reduced its stake in SHW by selling 150 shares or 40.54% in the most recent quarter. The Hedge Fund company now holds 220 shares of SHW which is valued at $58,830. Sherwin-Williams Co makes up approx 0.01% of North Star Investment Management Corp.’s portfolio. Simplex Trading sold out all of its stake in SHW during the most recent quarter. The investment firm sold 5 shares of SHW which is valued $1,344.Advisory Services Network boosted its stake in SHW in the latest quarter, The investment management firm added 740 additional shares and now holds a total of 3,343 shares of Sherwin-Williams Co which is valued at $898,398. Sherwin-Williams Co makes up approx 0.17% of Advisory Services Network’s portfolio.

Sherwin-Williams Co closed down -1.06 points or -0.39% at $268.4 with 5,34,687 shares getting traded on Friday. Post opening the session at $271.1, the shares hit an intraday low of $268.38 and an intraday high of $271.23 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Sherwin-Williams Co reported $4.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.10 based on the information available during the earnings call on Jul 21, 2016. Analyst had a consensus of $4.16. The company had revenue of $3219.53 million for the quarter, compared to analysts expectations of $3283.57 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.70 EPS.

Many Wall Street Analysts have commented on Sherwin-Williams Co. Sherwin-Williams Co was Upgraded by Argus to ” Buy” on Oct 10, 2016. Sherwin-Williams Co was Initiated by Wells Fargo to “Market Perform” on Sep 29, 2016. Sherwin-Williams Co was Upgraded by CLSA to ” Buy” on Jul 22, 2016.

The Sherwin-Williams Company is engaged in the development manufacture distribution and sale of paint coatings and related products. The Company’s segments include Paint Stores Group Consumer Group Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings protective and marine products original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops manufactures and distributes a range of paint coatings and related products to third party customers. The Global Finishes Group develops licenses manufactures distributes and sells a range of protective and marine products automotive finishes and refinished products and OEM product finishes among others. The Latin America Coatings Group develops licenses manufactures distributes and sells a range of architectural paint and coatings protective and marine products and OEM product finishes among others.

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