W W Grainger Inc (NYSE:GWW) Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt decreased its stake in W W Grainger Inc (NYSE:GWW) by 2.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,989 shares of the industrial products company’s stock after selling 100 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in W W Grainger were worth $1,689,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Prime Capital Investment Advisors LLC bought a new position in W W Grainger in the third quarter worth about $30,000. Meeder Asset Management Inc. increased its holdings in W W Grainger by 858.8% during the 3rd quarter. Meeder Asset Management Inc. now owns 163 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 146 shares in the last quarter. American National Bank bought a new position in W W Grainger in the 4th quarter valued at $51,000. AdvisorNet Financial Inc raised its position in W W Grainger by 18,600.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 187 shares of the industrial products company’s stock valued at $56,000 after purchasing an additional 186 shares during the last quarter. Finally, Allred Capital Management LLC acquired a new position in W W Grainger in the fourth quarter worth $57,000. 72.01% of the stock is owned by institutional investors.

Shares of GWW opened at $323.45 on Wednesday. The stock’s fifty day simple moving average is $336.45 and its 200-day simple moving average is $305.03. The firm has a market capitalization of $17.72 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 1.51 and a beta of 0.98. W W Grainger Inc has a 12-month low of $255.09 and a 12-month high of $346.60. The company has a quick ratio of 1.19, a current ratio of 2.16 and a debt-to-equity ratio of 0.93.

A number of research analysts recently issued reports on GWW shares. Buckingham Research lifted their price target on W W Grainger from $329.00 to $342.00 and gave the company a “neutral” rating in a report on Friday, January 24th. They noted that the move was a valuation call. Wolfe Research upgraded shares of W W Grainger from an “underperform” rating to a “peer perform” rating in a research report on Thursday, January 9th. Morgan Stanley raised shares of W W Grainger from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $281.00 to $338.00 in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. raised their price objective on shares of W W Grainger from $297.00 to $301.00 and gave the company a “neutral” rating in a research report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $310.80.

In other news, VP Eric R. Tapia sold 865 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $319.52, for a total value of $276,384.80. Following the transaction, the vice president now owns 3,276 shares of the company’s stock, valued at approximately $1,046,747.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Paige K. Robbins sold 340 shares of the firm’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $318.32, for a total transaction of $108,228.80. Following the completion of the transaction, the vice president now directly owns 9,914 shares in the company, valued at approximately $3,155,824.48. The disclosure for this sale can be found here. 8.50% of the stock is owned by company insiders.

W W Grainger Company Profile

W.W. Grainger, Inc distributes maintenance, repair, and operating (MRO) products and services in the United States, Canada, Europe, Japan, Mexico, and internationally. The company provides material handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, and metalworking tools, as well as gloves, ladders, motors, and janitorial supplies.

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Institutional Ownership by Quarter for W W Grainger (NYSE:GWW)

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