Teachers Advisors LLC Sells 26,429 Shares of VWR Corporation (VWR)
Teachers Advisors LLC cut its position in VWR Corporation (NASDAQ:VWR) by 22.4% during the first quarter, Holdings Channel reports. The fund owned 91,565 shares of the medical research company’s stock after selling 26,429 shares during the period. Teachers Advisors LLC’s holdings in VWR Corporation were worth $2,582,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the company. Fox Run Management L.L.C. bought a new stake in shares of VWR Corporation during the first quarter worth $742,000. JPMorgan Chase & Co. raised its stake in shares of VWR Corporation by 79.2% in the first quarter. JPMorgan Chase & Co. now owns 4,531,105 shares of the medical research company’s stock worth $127,777,000 after buying an additional 2,002,306 shares during the last quarter. US Bancorp DE raised its stake in shares of VWR Corporation by 6.4% in the first quarter. US Bancorp DE now owns 55,764 shares of the medical research company’s stock worth $1,573,000 after buying an additional 3,354 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of VWR Corporation by 6.5% in the first quarter. Russell Investments Group Ltd. now owns 1,621,412 shares of the medical research company’s stock worth $45,723,000 after buying an additional 98,793 shares during the last quarter. Finally, 1st Global Advisors Inc. raised its stake in shares of VWR Corporation by 17.3% in the first quarter. 1st Global Advisors Inc. now owns 11,289 shares of the medical research company’s stock worth $318,000 after buying an additional 1,664 shares during the last quarter.
VWR Corporation (VWR) traded up 0.03% during trading on Wednesday, reaching $33.02. 25,889 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $33.01 and a 200 day moving average price of $30.38. VWR Corporation has a 52 week low of $24.42 and a 52 week high of $37.25. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 30.57 and a beta of 1.19.
VWR Corporation (NASDAQ:VWR) last released its earnings results on Monday, July 31st. The medical research company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.04. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.16 billion. VWR Corporation had a return on equity of 15.54% and a net margin of 3.12%. VWR Corporation’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.42 earnings per share. Equities research analysts forecast that VWR Corporation will post $1.87 earnings per share for the current fiscal year.
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A number of research firms have commented on VWR. BidaskClub raised shares of VWR Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, August 11th. Zacks Investment Research raised shares of VWR Corporation from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a research report on Wednesday, August 2nd. TheStreet raised shares of VWR Corporation from a “c” rating to a “b-” rating in a research report on Wednesday, April 19th. Finally, William Blair downgraded shares of VWR Corporation from an “outperform” rating to a “market perform” rating in a research report on Friday, May 5th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $30.50.
About VWR Corporation
VWR Corporation is a provider of product and service solutions to laboratory and production customers. The Company offers a portfolio of branded and private label laboratory products, services and solutions to the life science, general research and applied markets. The Company operates in two segments: Americas and EMEA-APAC.
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