As Grainger W W INC (GWW) Valuation Declined, Mackenzie Financial Corp Upped Holding

W.W. Grainger, Inc. (NYSE:GWW) LogoInvestors sentiment is 0.81 in Q3 2018. Its the same as in 2018Q2. It is the same, as 28 investors sold GWW shares while 228 reduced holdings. only 80 funds opened positions while 127 raised stakes. 41.59 million shares or 3.78% less from 43.23 million shares in 2018Q2 were reported. Peninsula Asset Mngmt owns 1.85% invested in W.W. Grainger, Inc. (NYSE:GWW) for 7,512 shares. Horizon Kinetics Lc has 2,954 shares. Goldman Sachs Gru Inc owns 549,412 shares for 0.05% of their portfolio. Farmers & Merchants owns 10,753 shares or 0.26% of their US portfolio. Three Peaks Cap Mngmt Lc holds 0.55% in W.W. Grainger, Inc. (NYSE:GWW) or 7,459 shares. Illinois-based Guggenheim Ltd Co has invested 0.11% in W.W. Grainger, Inc. (NYSE:GWW). Conning stated it has 1,131 shares or 0.01% of all its holdings. Magnetar Limited reported 0.01% in W.W. Grainger, Inc. (NYSE:GWW). First Interstate Bank & Trust stated it has 405 shares. Birch Hill Investment Advsrs Ltd Liability Co holds 1.1% or 42,146 shares. Element Cap Mngmt Lc holds 0.67% or 94,117 shares. 37 are owned by Csat Inv Advisory Lp. Navellier And Associates reported 0.41% in W.W. Grainger, Inc. (NYSE:GWW). Moreover, Mufg Americas Hldg has 0.01% invested in W.W. Grainger, Inc. (NYSE:GWW). Ellington Gp Lc reported 1,000 shares or 0.1% of all its holdings.

Since July 30, 2018, it had 0 insider buys, and 3 insider sales for $6.40 million activity. $518,784 worth of W.W. Grainger, Inc. (NYSE:GWW) shares were sold by Tapia Eric R. Another trade for 14,990 shares valued at $5.52M was sold by HOWARD JOHN L.

Mackenzie Financial Corp increased its stake in Grainger W W Inc (GWW) by 13.05% based on its latest 2018Q3 regulatory filing with the SEC. Mackenzie Financial Corp bought 242,827 shares as the company’s stock declined 18.99% with the market. The hedge fund held 2.10 million shares of the consumer services company at the end of 2018Q3, valued at $378.12 million, up from 1.86 million at the end of the previous reported quarter. Mackenzie Financial Corp who had been investing in Grainger W W Inc for a number of months, seems to be bullish on the $15.99B market cap company. The stock decreased 0.21% or $0.6 during the last trading session, reaching $283.9. About 167,958 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has risen 28.36% since January 14, 2018 and is uptrending. It has outperformed by 28.36% the S&P500.

Mackenzie Financial Corp, which manages about $61.70 billion and $18.54 billion US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 145,296 shares to 1.11 million shares, valued at $82.54 million in 2018Q3, according to the filing. It also reduced its holding in Citigroup Inc (NYSE:C) by 155,879 shares in the quarter, leaving it with 3.82 million shares, and cut its stake in Applied Matls Inc (NASDAQ:AMAT).

W.W. Grainger, Inc. (NYSE:GWW) Ratings Coverage

Among 5 analysts covering W.W. Grainger (NYSE:GWW), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. W.W. Grainger had 7 analyst reports since July 16, 2018 according to SRatingsIntel. UBS maintained the shares of GWW in report on Thursday, August 30 with “Neutral” rating. The stock has “Hold” rating by Gabelli on Monday, July 16. The stock has “Market Perform” rating by BMO Capital Markets on Wednesday, October 17. The firm has “Neutral” rating by UBS given on Thursday, July 19. Macquarie Research maintained the shares of GWW in report on Wednesday, August 22 with “Neutral” rating. The firm has “Market Perform” rating by BMO Capital Markets given on Thursday, July 19.

W.W. Grainger, Inc. (NYSE:GWW) Institutional Positions Chart

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