Ownership Action to Note: CDW Corp (NASDAQ:CDW) Institutional Investor Sentiment Analysis

December 1, 2016 - By Vivian Park   ·   0 Comments

Ownership Action to Note: CDW Corp (NASDAQ:CDW) Institutional Investor Sentiment Analysis

Sentiment for CDW Corp (NASDAQ:CDW)

CDW Corp (NASDAQ:CDW) institutional sentiment decreased to 0.9 in 2016 Q2. Its down -0.78, from 1.68 in 2016Q1. The ratio dropped, as 185 funds increased and started new equity positions, while 110 trimmed and sold holdings in CDW Corp. The funds in our partner’s database now hold: 144.07 million shares, up from 140.62 million shares in 2016Q1. Also, the number of funds holding CDW Corp in their top 10 equity positions increased from 9 to 13 for an increase of 4. Sold All: 30 Reduced: 80 Increased: 124 New Position: 61.

CDW Corporation provides integrated information technology (IT) solutions. The company has a market cap of $8.24 billion. The Company’s divisions include Corporate, Public and Other. It has a 20.89 P/E ratio. The Corporate segment consists of private sector business customers.

The stock decreased 1.04% or $0.54 during the last trading session, hitting $51.24. CDW Corp (NASDAQ:CDW) has risen 27.72% since April 28, 2016 and is uptrending. It has outperformed by 21.79% the S&P500.

Analysts await CDW Corp (NASDAQ:CDW) to report earnings on February, 14. They expect $0.76 EPS, up 10.14% or $0.07 from last year’s $0.69 per share. CDW’s profit will be $122.22M for 16.86 P/E if the $0.76 EPS becomes a reality. After $0.93 actual EPS reported by CDW Corp for the previous quarter, Wall Street now forecasts -18.28% negative EPS growth.

According to Zacks Investment Research, “CDW Corporation offers information technology products and services to business, government, education and healthcare customers primarily in the United States and Canada. Its hardware products comprise network communications, notebooks/mobile devices, data storage, video monitors, printers, desktops and servers as well as NetComm products. The company’s software services include licensing, licensing management, software solutions and services. In addition, it offers configuration services which include virtualization, collaboration, security, mobility, data centre optimization and cloud computing. CDW Corporation is headquartered in Vernon Hills, Illinois.”

Alpinvest Partners B.V. holds 26.22% of its portfolio in CDW Corp for 330,285 shares. Harbourvest Partners Llc owns 758,318 shares or 14.66% of their US portfolio. Moreover, Makaira Partners Llc has 13.29% invested in the company for 2.27 million shares. The California-based Regents Of The University Of California has invested 7.08% in the stock. Hamilton Lane Advisors Llc, a Pennsylvania-based fund reported 290,258 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 1 sale for $3.52 million net activity.

CDW Corp (NASDAQ:CDW) Ratings Coverage

Ratings analysis reveals 88% of CDW’s analysts are positive. Out of 8 Wall Street analysts rating CDW, 7 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $43 while the high is $55. The stock’s average target of $48.44 is -5.46% below today’s ($51.24) share price. CDW was included in 16 notes of analysts from August 4, 2015. The rating was upgraded by Zacks on Thursday, August 6 to “Hold”. The firm has “Buy” rating given on Sunday, September 6 by Deutsche Bank. The company was maintained on Wednesday, October 14 by Stifel Nicolaus. The rating was initiated by Goldman Sachs on Tuesday, December 1 with “Buy”. The company was initiated on Wednesday, October 14 by Barclays Capital. Needham maintained the shares of CDW in a report on Thursday, November 5 with “Buy” rating. The firm earned “Outperform” rating on Thursday, November 5 by RBC Capital Markets. The stock of CDW Corp (NASDAQ:CDW) has “Market Perform” rating given on Monday, April 25 by Raymond James. The stock of CDW Corp (NASDAQ:CDW) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 16. The stock of CDW Corp (NASDAQ:CDW) has “Outperform” rating given on Tuesday, October 13 by RBC Capital Markets.

CDW Company Profile

CDW Corporation (CDW), incorporated on May 25, 2007, is a well-known provider of integrated information technology (IT) solutions in the United States and Canada. The Company’s divisions include Corporate, Public and Other. The Corporate segment consists of private sector business clients in the United States. The Corporate segment is divided into a medium/large business customer channel, serving clients with approximately 100 employees and a small business customer channel, serving clients with over 100 employees. The Public segment consists of government agencies and education and healthcare institutions in the United States. The Other segment includes CDW Advanced Services, Canada and Kelway. The CDW Advanced Services business consists of customized engineering services delivered by technology specialists and engineers, and managed services that include infrastructure as a service (IaaS) offerings. The Firm has centralized logistics and headquarters functions that provide services to the divisions. The logistics function includes purchasing, distribution and fulfillment services to support both the Corporate and Public divisions. The centralized headquarters function provides services in areas, such as accounting, information technology, marketing, legal and coworker services.

Another recent and important CDW Corp (NASDAQ:CDW) news was published by Nasdaq.com which published an article titled: “CDW Corporation (CDW) Ex-Dividend Date Scheduled for November 22, 2016” on November 21, 2016.

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By Vivian Park

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