Gratus Capital adds The Valspar Corp (VAL) to its portfolio

The Valspar Corp (VAL) : Gratus Capital added new position in The Valspar Corp during the most recent quarter end. The investment management firm now holds 75,300 shares of The Valspar Corp which is valued at $7,936,620 , the company said in a statement filed on Aug 3, 2016 with the SEC.The Valspar Corp makes up approximately 1.16% of Gratus Capital’s portfolio.

Other Hedge Funds, Including , Diam Ltd. added VAL to its portfolio by purchasing 7,261 company shares during the most recent quarter which is valued at $765,309. The Valspar Corp makes up approx 0.01% of Diam Ltd.’s portfolio.World Asset Management Inc boosted its stake in VAL in the latest quarter, The investment management firm added 38 additional shares and now holds a total of 4,002 shares of The Valspar Corp which is valued at $421,811. The Valspar Corp makes up approx 0.02% of World Asset Management Inc’s portfolio.Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in VAL in the latest quarter, The investment management firm added 5,326 additional shares and now holds a total of 7,359 shares of The Valspar Corp which is valued at $775,639. The Valspar Corp makes up approx 0.01% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.Bbva Compass Bancshares Inc reduced its stake in VAL by selling 4,346 shares or 21.9% in the most recent quarter. The Hedge Fund company now holds 15,500 shares of VAL which is valued at $1,650,285. The Valspar Corp makes up approx 0.12% of Bbva Compass Bancshares Inc’s portfolio.Capstone Asset Management Co boosted its stake in VAL in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 9,695 shares of The Valspar Corp which is valued at $1,049,096. The Valspar Corp makes up approx 0.03% of Capstone Asset Management Co’s portfolio.

The Valspar Corp (VAL) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $106.12 and reached the intraday high at $106.12. The bulls started the profit booking and pushed the shares to intraday low of $105.5. The trading session was marked by a volume range of 1,63,260 shares exchanging hands. The 52-week high of the shares is $108.97 and the 52-week low is $70.58. The market cap of the company stands at $8,387 M and there are 7,92,71,193 shares in public circulation.

On the company’s financial health, The Valspar Corp reported $1.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on May 24, 2016. Analyst had a consensus of $1.26. The company had revenue of $1056.80 million for the quarter, compared to analysts expectations of $1123.87 million. The company’s revenue was down -2.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.11 EPS.

The Valspar Corporation is engaged in developing manufacturing and distributing a range of coatings paints and related products. The Company operates through two business segments: Coatings and Paints. The Coatings segment includes the Company’s industrial product lines and packaging product line. The Company offers a range of decorative and protective coatings for metal wood and plastic primarily for sale to original equipment manufacturing (OEM) customers in Asia Australia Europe North America and South America. The Paints segment includes the Company’s consumer paints and automotive paint refinish product lines. The Company offers a range of paints primers topcoats and aerosol spray paints through retailers distribution networks and Company-owned stores.

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