Capstone Financial Advisors Lowers stake in W W Grainger Inc (GWW)

W W Grainger Inc (GWW) : Capstone Financial Advisors reduced its stake in W W Grainger Inc by 0.04% during the most recent quarter end. The investment management company now holds a total of 27,203 shares of W W Grainger Inc which is valued at $6,076,334 after selling 12 shares in W W Grainger Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.W W Grainger Inc makes up approximately 3.22% of Capstone Financial Advisors’s portfolio.

Other Hedge Funds, Including , Advisory Research Inc sold out all of its stake in GWW during the most recent quarter. The investment firm sold 1,839 shares of GWW which is valued $410,777.Thompson Investment Management boosted its stake in GWW in the latest quarter, The investment management firm added 225 additional shares and now holds a total of 2,332 shares of W W Grainger Inc which is valued at $489,487. W W Grainger Inc makes up approx 0.10% of Thompson Investment Management’s portfolio.Cambridge Trust Co reduced its stake in GWW by selling 1,006 shares or 35.85% in the most recent quarter. The Hedge Fund company now holds 1,800 shares of GWW which is valued at $377,820. W W Grainger Inc makes up approx 0.03% of Cambridge Trust Co’s portfolio.Argentus Capital Management boosted its stake in GWW in the latest quarter, The investment management firm added 906 additional shares and now holds a total of 1,585 shares of W W Grainger Inc which is valued at $322,627. W W Grainger Inc makes up approx 0.13% of Argentus Capital Management’s portfolio.Cooke Bieler Lp reduced its stake in GWW by selling 18,905 shares or 6.52% in the most recent quarter. The Hedge Fund company now holds 270,861 shares of GWW which is valued at $56,222,618. W W Grainger Inc makes up approx 1.20% of Cooke Bieler Lp’s portfolio.

W W Grainger Inc closed down -2.54 points or -1.15% at $217.62 with 7,23,535 shares getting traded on Monday. Post opening the session at $218.83, the shares hit an intraday low of $216.49 and an intraday high of $221.62 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, W W Grainger Inc reported $3.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Oct 18, 2016. Analyst had a consensus of $2.99. The company had revenue of $2596.29 million for the quarter, compared to analysts expectations of $2593.26 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.03 EPS.

Many Wall Street Analysts have commented on W W Grainger Inc. Shares were Reiterated by RBC Capital Mkts on Nov 14, 2016 to “Underperform” and Lowered the Price Target to $ 174 from a previous price target of $186 .Shares were Reiterated by Stifel on Oct 19, 2016 to “Hold” and Lowered the Price Target to $ 216 from a previous price target of $235 .Macquarie Initiated W W Grainger Inc on Aug 26, 2016 to “Outperform”, Price Target of the shares are set at $274.

W.W. Grainger Inc. is a distributor of maintenance repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada with presence also in Europe Asia and Latin America. It operates in two segments: the United States and Canada. The United States business offers a selection of maintenance repair and operating supplies and other related products and services. Acklands – Grainger is a distributor of industrial and safety supplies that distributes tools fasteners safety supplies instruments welding and shop equipment among others. Other businesses include Zoro the single channel online business in the United States and operations in Europe Asia and Latin America. The Company provides customers with a range of options for finding and purchasing products utilizing sales representatives contact centers direct marketing materials catalogs and e-commerce.

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