Sandhill Capital Partners Has Cut Cdw Com (CDW) Position by $1.82 Million; Market Valuation Rose; Grandfield & Dodd Has Trimmed Its Illinois Tool Wks (ITW) Stake by $377,982

April 25, 2018 - By Dolores Ford

CDW Corporation (NASDAQ:CDW) Logo

Sandhill Capital Partners Llc decreased its stake in Cdw Corp Com (CDW) by 8.97% based on its latest 2017Q4 regulatory filing with the SEC. Sandhill Capital Partners Llc sold 26,398 shares as the company’s stock rose 1.46% while stock markets declined. The institutional investor held 267,960 shares of the catalog and specialty distribution company at the end of 2017Q4, valued at $18.62M, down from 294,358 at the end of the previous reported quarter. Sandhill Capital Partners Llc who had been investing in Cdw Corp Com for a number of months, seems to be less bullish one the $10.75B market cap company. The stock decreased 1.21% or $0.87 during the last trading session, reaching $70.74. About 328,866 shares traded. CDW Corporation (NASDAQ:CDW) has risen 23.31% since April 25, 2017 and is uptrending. It has outperformed by 11.76% the S&P500.

Grandfield & Dodd Llc decreased its stake in Illinois Tool Wks Inc (ITW) by 1.32% based on its latest 2017Q4 regulatory filing with the SEC. Grandfield & Dodd Llc sold 2,277 shares as the company’s stock declined 6.87% with the market. The institutional investor held 169,623 shares of the industrial machinery and components company at the end of 2017Q4, valued at $28.30M, down from 171,900 at the end of the previous reported quarter. Grandfield & Dodd Llc who had been investing in Illinois Tool Wks Inc for a number of months, seems to be less bullish one the $50.76 billion market cap company. The stock decreased 4.44% or $6.95 during the last trading session, reaching $149.65. About 2.22 million shares traded or 48.21% up from the average. Illinois Tool Works Inc. (NYSE:ITW) has risen 18.23% since April 25, 2017 and is uptrending. It has outperformed by 6.68% the S&P500.

Among 12 analysts covering CDW (NASDAQ:CDW), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. CDW had 38 analyst reports since August 4, 2015 according to SRatingsIntel. Raymond James downgraded CDW Corporation (NASDAQ:CDW) on Friday, October 13 to “Underperform” rating. The stock of CDW Corporation (NASDAQ:CDW) earned “Buy” rating by Northcoast on Tuesday, February 6. The stock has “Buy” rating by Needham on Thursday, November 5. The company was maintained on Wednesday, November 16 by RBC Capital Markets. Zacks upgraded the stock to “Hold” rating in Thursday, August 6 report. On Thursday, November 5 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was downgraded on Monday, July 24 by Barclays Capital. RBC Capital Markets maintained the shares of CDW in report on Monday, June 26 with “Buy” rating. Barclays Capital maintained it with “Overweight” rating and $62 target in Wednesday, February 8 report. The firm has “Buy” rating given on Monday, January 15 by RBC Capital Markets.

Sandhill Capital Partners Llc, which manages about $570.29 million and $562.46M US Long portfolio, upped its stake in F M C Corp Com (NYSE:FMC) by 5,420 shares to 207,226 shares, valued at $19.62 million in 2017Q4, according to the filing. It also increased its holding in Us Foods Hldg Corp Com by 18,636 shares in the quarter, for a total of 753,231 shares, and has risen its stake in Cerner Corp Com (NASDAQ:CERN).

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.11, from 0.92 in 2017Q3. It is positive, as 25 investors sold CDW shares while 133 reduced holdings. 71 funds opened positions while 91 raised stakes. 135.97 million shares or 0.50% less from 136.65 million shares in 2017Q3 were reported. Evercore Wealth Management Ltd Llc holds 0.02% in CDW Corporation (NASDAQ:CDW) or 6,820 shares. Price T Rowe Assoc Md holds 62,336 shares or 0% of its portfolio. Artemis Invest Limited Liability Partnership accumulated 159,000 shares. Pnc Group Inc Inc invested in 582,227 shares or 0.04% of the stock. Neuberger Berman Gru Ltd, New York-based fund reported 4.51M shares. Highvista Strategies Llc has invested 0.17% in CDW Corporation (NASDAQ:CDW). Wellington Mngmt Grp Inc Llp holds 0.13% or 8.63 million shares. Parametrica Limited stated it has 5,654 shares or 0.25% of all its holdings. Suntrust Banks stated it has 4,907 shares or 0% of all its holdings. Ameritas Investment Prtnrs reported 0% stake. Groesbeck Investment Nj, New Jersey-based fund reported 62,606 shares. Campbell & Inv Adviser reported 6,890 shares or 0.35% of all its holdings. Sumitomo Mitsui Tru Holdings holds 0.04% or 450,273 shares in its portfolio. 3,744 are held by Wade G W And Inc. Employees Retirement Association Of Colorado has 30,998 shares.

Analysts await CDW Corporation (NASDAQ:CDW) to report earnings on May, 2. They expect $0.88 EPS, up 23.94% or $0.17 from last year’s $0.71 per share. CDW’s profit will be $133.72M for 20.10 P/E if the $0.88 EPS becomes a reality. After $0.98 actual EPS reported by CDW Corporation for the previous quarter, Wall Street now forecasts -10.20% negative EPS growth.

Since December 11, 2017, it had 0 buys, and 19 insider sales for $9.76 million activity. 700 CDW Corporation (NASDAQ:CDW) shares with value of $51,982 were sold by FAIRFIELD NEIL B. 13,219 CDW Corporation (NASDAQ:CDW) shares with value of $994,916 were sold by Richards Thomas E. 4,000 shares were sold by CORLEY CHRISTINA M, worth $278,720 on Monday, April 16. 4,000 shares were sold by LEAHY CHRISTINE A, worth $288,920 on Wednesday, January 10. KULEVICH FREDERICK J. sold $303,558 worth of stock. $528,199 worth of CDW Corporation (NASDAQ:CDW) was sold by ROTHER CHRISTINA V..

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.03, from 0.87 in 2017Q3. It is positive, as 39 investors sold ITW shares while 379 reduced holdings. 117 funds opened positions while 261 raised stakes. 229.09 million shares or 9.01% less from 251.79 million shares in 2017Q3 were reported. Clean Yield Grp Incorporated, a Vermont-based fund reported 34,797 shares. Campbell Newman Asset Management owns 0.05% invested in Illinois Tool Works Inc. (NYSE:ITW) for 1,807 shares. The California-based Stewart & Patten Co has invested 0.04% in Illinois Tool Works Inc. (NYSE:ITW). Wagner Bowman Corp has 2,941 shares. Moreover, Boston Private Wealth Ltd Liability Com has 0.15% invested in Illinois Tool Works Inc. (NYSE:ITW). Cambridge Advsr invested 0.32% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Us State Bank De owns 484,733 shares. Castleark Mgmt Limited Company invested in 0% or 770 shares. Rnc Capital Management Ltd Limited Liability Company holds 0.02% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 1,374 shares. 3,677 are held by Chem State Bank. Thomaspartners Inc has invested 0.02% in Illinois Tool Works Inc. (NYSE:ITW). South State Corp has 0.11% invested in Illinois Tool Works Inc. (NYSE:ITW). Solaris Asset Mngmt Ltd Liability Co has invested 0% in Illinois Tool Works Inc. (NYSE:ITW). Jolley Asset Mngmt Limited Liability owns 55 shares. Moreover, Gw Henssler And Associates Limited has 0.68% invested in Illinois Tool Works Inc. (NYSE:ITW).

Since October 25, 2017, it had 0 insider buys, and 2 selling transactions for $8.31 million activity. 18,650 shares were sold by NAGARAJAN SUNDARAM, worth $3.32M. $7.62M worth of stock was sold by VALLS JUAN on Wednesday, October 25. $4.99M worth of Illinois Tool Works Inc. (NYSE:ITW) shares were sold by SMITH HAROLD B.

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc had 88 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Buy” rating given on Monday, December 4 by Wells Fargo. The stock has “Hold” rating by J.P. Morgan on Tuesday, October 10. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Hold” rating given on Friday, September 15 by Stifel Nicolaus. Stifel Nicolaus maintained it with “Hold” rating and $14700 target in Friday, July 14 report. The firm has “Hold” rating by Robert W. Baird given on Thursday, August 24. Credit Suisse maintained the stock with “Neutral” rating in Tuesday, October 24 report. As per Thursday, January 4, the company rating was downgraded by BMO Capital Markets. Goldman Sachs upgraded the shares of ITW in report on Tuesday, April 10 to “Buy” rating. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Neutral” rating by JP Morgan on Tuesday, October 10. The company was maintained on Thursday, July 21 by RBC Capital Markets.

CDW Corporation (NASDAQ:CDW) Institutional Positions Chart

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