Todays Report: Today, 86,470 Shares of VWR Corp. (VWR) are sold by Ngam Advisors L.P.

Today, 86,470 Shares of VWR Corp. (VWR) are sold by Ngam Advisors L.P.

Ngam Advisors L.P. cut its position in shares of VWR Corp. (NASDAQ:VWR) by 13.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 552,959 shares of the company’s stock after selling 86,470 shares during the period. Ngam Advisors L.P. owned approximately 0.42% of VWR Corp. worth $15,682,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VWR. JPMorgan Chase & Co. raised its position in shares of VWR Corp. by 33.4% in the first quarter. JPMorgan Chase & Co. now owns 74,637 shares of the company’s stock worth $2,019,000 after buying an additional 18,687 shares in the last quarter. UBS Group AG raised its position in shares of VWR Corp. by 383.8% in the first quarter. UBS Group AG now owns 21,937 shares of the company’s stock worth $593,000 after buying an additional 17,403 shares in the last quarter. A.R.T. Advisors LLC acquired a new position in shares of VWR Corp. during the first quarter worth $504,000. GW&K Investment Management LLC acquired a new position in shares of VWR Corp. during the second quarter worth $10,410,000. Finally, Capstone Asset Management Co. acquired a new position in shares of VWR Corp. during the second quarter worth $221,000.

Shares of VWR Corp. (NASDAQ:VWR) opened at 26.64 on Friday. The company has a 50-day moving average price of $27.15 and a 200 day moving average price of $28.50. The firm has a market capitalization of $3.50 billion, a P/E ratio of 20.03 and a beta of 1.25. VWR Corp. has a one year low of $21.56 and a one year high of $31.75.

VWR Corp. (NASDAQ:VWR) last posted its quarterly earnings results on Thursday, November 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.01. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.15 billion. VWR Corp. had a net margin of 3.89% and a return on equity of 16.06%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 earnings per share. Analysts expect that VWR Corp. will post $1.71 earnings per share for the current fiscal year.

A number of research analysts have weighed in on the company. Mizuho increased their price target on VWR Corp. from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Zacks Investment Research raised VWR Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 8th. Jefferies Group increased their price target on VWR Corp. from $33.00 to $35.00 and gave the stock a “buy” rating in a research note on Friday, August 5th. Deutsche Bank AG increased their price target on VWR Corp. from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Friday, August 5th. Finally, Citigroup Inc. increased their price target on VWR Corp. from $30.00 to $33.00 and gave the stock a “neutral” rating in a research note on Friday, August 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $32.50.

VWR Corp. Company Profile

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