Crew Capital Management Ltd. Sells 407 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Crew Capital Management Ltd. trimmed its position in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 61.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 258 shares of the industrial products company's stock after selling 407 shares during the quarter. Crew Capital Management Ltd.'s holdings in W.W. Grainger were worth $272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in W.W. Grainger during the 3rd quarter worth $848,000. Trust Co. of Toledo NA OH boosted its holdings in shares of W.W. Grainger by 313.3% in the 4th quarter. Trust Co. of Toledo NA OH now owns 1,521 shares of the industrial products company's stock worth $1,603,000 after buying an additional 1,153 shares during the last quarter. Clark & Stuart Inc purchased a new position in shares of W.W. Grainger in the 4th quarter worth about $1,741,000. Empowered Funds LLC boosted its holdings in shares of W.W. Grainger by 27.0% in the 3rd quarter. Empowered Funds LLC now owns 2,226 shares of the industrial products company's stock worth $2,312,000 after buying an additional 473 shares during the last quarter. Finally, Toronto Dominion Bank boosted its holdings in shares of W.W. Grainger by 72.6% in the 3rd quarter. Toronto Dominion Bank now owns 22,045 shares of the industrial products company's stock worth $22,901,000 after buying an additional 9,270 shares during the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

W.W. Grainger Price Performance

Shares of GWW stock traded down $3.59 during trading on Wednesday, hitting $985.19. The company had a trading volume of 393,296 shares, compared to its average volume of 232,849. The company has a quick ratio of 1.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.62. The stock's 50-day moving average is $1,059.45 and its two-hundred day moving average is $1,076.06. The stock has a market capitalization of $47.50 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 2.70 and a beta of 1.17. W.W. Grainger, Inc. has a 52 week low of $874.98 and a 52 week high of $1,227.66.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The industrial products company reported $9.71 earnings per share for the quarter, missing the consensus estimate of $9.75 by ($0.04). W.W. Grainger had a return on equity of 52.43% and a net margin of 11.12%. During the same quarter in the prior year, the firm earned $8.33 earnings per share. As a group, analysts predict that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Monday, February 10th were given a dividend of $2.05 per share. This represents a $8.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date was Monday, February 10th. W.W. Grainger's payout ratio is currently 21.18%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. StockNews.com downgraded shares of W.W. Grainger from a "buy" rating to a "hold" rating in a report on Thursday, December 19th. Morgan Stanley boosted their price target on shares of W.W. Grainger from $990.00 to $1,215.00 and gave the stock an "equal weight" rating in a report on Tuesday, November 19th. UBS Group assumed coverage on shares of W.W. Grainger in a report on Wednesday, November 13th. They issued a "neutral" rating and a $1,280.00 price target on the stock. Royal Bank of Canada dropped their price objective on shares of W.W. Grainger from $1,113.00 to $1,112.00 and set a "sector perform" rating on the stock in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a "neutral" rating on the stock in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $1,148.56.

W.W. Grainger Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.