Glenmede Trust Company Na Has Trimmed Holding in Air Products & Chemicals (APD) as Stock Value Rose; As Cdw De (CDW) Share Price Rose, Renaissance Group Cut Its Stake

Air Products and Chemicals, Inc. (NYSE:APD) Logo

Renaissance Group Llc decreased its stake in Cdw Corp De (CDW) by 6.37% based on its latest 2019Q1 regulatory filing with the SEC. Renaissance Group Llc sold 22,534 shares as the company’s stock rose 12.30% with the market. The institutional investor held 331,300 shares of the catalog and specialty distribution company at the end of 2019Q1, valued at $31.93 million, down from 353,834 at the end of the previous reported quarter. Renaissance Group Llc who had been investing in Cdw Corp De for a number of months, seems to be less bullish one the $16.97B market cap company. The stock increased 2.33% or $2.65 during the last trading session, reaching $116.22. About 564,147 shares traded. CDW Corporation (NASDAQ:CDW) has risen 32.88% since July 14, 2018 and is uptrending. It has outperformed by 28.45% the S&P500.

Glenmede Trust Company Na decreased its stake in Air Products & Chemicals Inc (APD) by 5.35% based on its latest 2019Q1 regulatory filing with the SEC. Glenmede Trust Company Na sold 8,293 shares as the company’s stock rose 19.22% with the market. The institutional investor held 146,591 shares of the basic industries company at the end of 2019Q1, valued at $27.99M, down from 154,884 at the end of the previous reported quarter. Glenmede Trust Company Na who had been investing in Air Products & Chemicals Inc for a number of months, seems to be less bullish one the $50.01 billion market cap company. The stock decreased 0.26% or $0.6 during the last trading session, reaching $227.16. About 613,390 shares traded. Air Products and Chemicals, Inc. (NYSE:APD) has risen 22.94% since July 14, 2018 and is uptrending. It has outperformed by 18.51% the S&P500.

More notable recent CDW Corporation (NASDAQ:CDW) news were published by: Finance.Yahoo.com which released: “Here’s What Hedge Funds Think About CDW Corporation (CDW) – Yahoo Finance” on June 14, 2019, also 247Wallst.com with their article: “Morgan Stanley Picks 30 Stocks for 2021 – 24/7 Wall St.” published on March 15, 2019, Nasdaq.com published: “CDW (CDW) Surpasses Q1 Earnings and Revenue Estimates – Nasdaq” on May 01, 2019. More interesting news about CDW Corporation (NASDAQ:CDW) were released by: Nasdaq.com and their article: “OMFL, PILL: Big ETF Outflows – Nasdaq” published on July 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “Have Insiders Been Selling CDW Corporation (NASDAQ:CDW) Shares This Year? – Yahoo Finance” with publication date: May 23, 2019.

Renaissance Group Llc, which manages about $2.51B US Long portfolio, upped its stake in Kddi Corp (KDDIY) by 30,449 shares to 1.21M shares, valued at $13.07 million in 2019Q1, according to the filing. It also increased its holding in Berry Global Group Inc. (NYSE:BERY) by 41,615 shares in the quarter, for a total of 463,750 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Analysts await CDW Corporation (NASDAQ:CDW) to report earnings on August, 1. They expect $1.45 earnings per share, up 7.41% or $0.10 from last year’s $1.35 per share. CDW’s profit will be $211.74 million for 20.04 P/E if the $1.45 EPS becomes a reality. After $1.23 actual earnings per share reported by CDW Corporation for the previous quarter, Wall Street now forecasts 17.89% EPS growth.

Investors sentiment increased to 1.11 in 2019 Q1. Its up 0.17, from 0.94 in 2018Q4. It increased, as 24 investors sold CDW shares while 160 reduced holdings. 71 funds opened positions while 134 raised stakes. 128.56 million shares or 2.05% less from 131.25 million shares in 2018Q4 were reported. Regentatlantic Capital Limited Liability holds 2,677 shares or 0.02% of its portfolio. Finemark Savings Bank stated it has 0.49% of its portfolio in CDW Corporation (NASDAQ:CDW). San Francisco Sentry (Ca) holds 0% or 12 shares in its portfolio. Nuveen Asset Ltd Limited Liability Company reported 0.07% stake. Asset Mngmt holds 29,820 shares. Boston Limited Liability Corporation holds 0.25% in CDW Corporation (NASDAQ:CDW) or 50,595 shares. 13,320 were accumulated by Gam Hldgs Ag. Ny State Common Retirement Fund stated it has 0.06% of its portfolio in CDW Corporation (NASDAQ:CDW). Scotia Capital accumulated 3,734 shares. Westover Limited Liability Co accumulated 11,605 shares. Vanguard Gru reported 15.31M shares or 0.06% of all its holdings. Panagora Asset Inc stated it has 811,533 shares. Bowling Mgmt Limited Liability invested in 53,849 shares or 0.82% of the stock. Enterprise Fincl Services owns 37 shares. 59,802 were reported by Decatur Management Inc.

Since January 15, 2019, it had 0 buys, and 5 sales for $5.92 million activity. ALESIO STEVEN W sold $1.79M worth of stock or 20,013 shares. Richards Thomas E sold $1.49M worth of stock. $894,930 worth of CDW Corporation (NASDAQ:CDW) was sold by ECKROTE DOUGLAS E. CORLEY CHRISTINA M also sold $1.38M worth of CDW Corporation (NASDAQ:CDW) shares.

Analysts await Air Products and Chemicals, Inc. (NYSE:APD) to report earnings on July, 25. They expect $2.14 earnings per share, up 9.74% or $0.19 from last year’s $1.95 per share. APD’s profit will be $471.08M for 26.54 P/E if the $2.14 EPS becomes a reality. After $1.92 actual earnings per share reported by Air Products and Chemicals, Inc. for the previous quarter, Wall Street now forecasts 11.46% EPS growth.

Glenmede Trust Company Na, which manages about $22.11B US Long portfolio, upped its stake in American Beacon London Income Equity (ABCIX) by 313,589 shares to 1.89M shares, valued at $34.11M in 2019Q1, according to the filing. It also increased its holding in Hms Holdings Corp (NASDAQ:HMSY) by 45,298 shares in the quarter, for a total of 45,950 shares, and has risen its stake in Accenture Plc (NYSE:ACN).

Air Products and Chemicals, Inc. (NYSE:APD) Institutional Positions Chart

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