Vinva Investment Management Ltd Sells 578 Shares of W.W. Grainger, Inc. (NYSE:GWW)

Vinva Investment Management Ltd reduced its stake in W.W. Grainger, Inc. (NYSE:GWW - Free Report) by 24.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,832 shares of the industrial products company's stock after selling 578 shares during the period. Vinva Investment Management Ltd's holdings in W.W. Grainger were worth $1,939,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Iron Horse Wealth Management LLC boosted its holdings in W.W. Grainger by 43.5% during the fourth quarter. Iron Horse Wealth Management LLC now owns 33 shares of the industrial products company's stock worth $35,000 after buying an additional 10 shares during the last quarter. AlphaMark Advisors LLC acquired a new position in W.W. Grainger during the fourth quarter valued at approximately $37,000. Larson Financial Group LLC increased its stake in W.W. Grainger by 111.1% in the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company's stock valued at $40,000 after purchasing an additional 20 shares in the last quarter. OFI Invest Asset Management acquired a new stake in W.W. Grainger in the fourth quarter worth $42,000. Finally, Atala Financial Inc bought a new position in shares of W.W. Grainger during the fourth quarter worth $43,000. 80.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on GWW shares. JPMorgan Chase & Co. lowered their price objective on shares of W.W. Grainger from $1,125.00 to $1,100.00 and set a "neutral" rating for the company in a research report on Monday, February 3rd. Royal Bank of Canada dropped their price target on W.W. Grainger from $1,113.00 to $1,112.00 and set a "sector perform" rating on the stock in a research report on Monday, February 3rd. StockNews.com lowered W.W. Grainger from a "buy" rating to a "hold" rating in a research report on Thursday, December 19th. Finally, William Blair raised shares of W.W. Grainger from a "market perform" rating to an "outperform" rating in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $1,151.50.

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W.W. Grainger Stock Down 0.2 %

Shares of GWW stock traded down $2.12 during trading on Tuesday, reaching $989.47. The company's stock had a trading volume of 204,017 shares, compared to its average volume of 236,922. W.W. Grainger, Inc. has a one year low of $874.98 and a one year high of $1,227.66. The business has a fifty day moving average price of $1,036.67 and a 200-day moving average price of $1,077.39. The company has a market cap of $47.71 billion, a price-to-earnings ratio of 25.56, a price-to-earnings-growth ratio of 2.70 and a beta of 1.18. The company has a quick ratio of 1.49, a current ratio of 2.49 and a debt-to-equity ratio of 0.62.

W.W. Grainger (NYSE:GWW - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The industrial products company reported $9.71 EPS 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 EPS. Analysts anticipate that W.W. Grainger, Inc. will post 40.3 earnings per share for the current year.

W.W. Grainger Dividend Announcement

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

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.