CDW Corp (CDW) : Regents Of The University Of California added new position in CDW Corp during the most recent quarter end. The investment management firm now holds 52,491 shares of CDW Corp which is valued at $2,377,317 , the company said in a statement filed on Aug 15, 2016 with the SEC.CDW Corp makes up approximately 7.35% of Regents Of The University Of California’s portfolio.
Other Hedge Funds, Including , Sunriver Management boosted its stake in CDW in the latest quarter, The investment management firm added 137,459 additional shares and now holds a total of 424,420 shares of CDW Corp which is valued at $19,221,982. CDW Corp makes up approx 6.70% of Sunriver Management’s portfolio.Brant Point Investment Management reduced its stake in CDW by selling 29,600 shares or 24.71% in the most recent quarter. The Hedge Fund company now holds 90,200 shares of CDW which is valued at $4,085,158. CDW Corp makes up approx 0.73% of Brant Point Investment Management’s portfolio. Adams Street Partners added CDW to its portfolio by purchasing 162,053 company shares during the most recent quarter which is valued at $7,339,380. CDW Corp makes up approx 1.16% of Adams Street Partners’s portfolio.Harris Associates L P boosted its stake in CDW in the latest quarter, The investment management firm added 348,220 additional shares and now holds a total of 1,031,335 shares of CDW Corp which is valued at $46,709,162. CDW Corp makes up approx 0.09% of Harris Associates L P’s portfolio.Essex Investment Management Co reduced its stake in CDW by selling 2 shares or 0.01% in the most recent quarter. The Hedge Fund company now holds 20,731 shares of CDW which is valued at $883,348. CDW Corp makes up approx 0.14% of Essex Investment Management Co’s portfolio.
CDW Corp closed down -0.29 points or -0.65% at $44.36 with 9,26,248 shares getting traded on Thursday. Post opening the session at $44.76, the shares hit an intraday low of $44.19 and an intraday high of $44.95 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, CDW Corp reported $0.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.84. The company had revenue of $3664.60 million for the quarter, compared to analysts expectations of $3645.78 million. The company’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.
CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility security data center optimization cloud computing virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments CDW Advanced Services Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively its vendor partners) whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250000 small medium and large business government education and healthcare customers by delivering solutions to their IT needs.