Echo Street Capital Management Has Lifted Its Intuit (INTU) Holding; Cdw (CDW) SI Decreased By 14.03%

December 7, 2017 - By Adrian Erickson

Cdw Corporation (NASDAQ:CDW) had a decrease of 14.03% in short interest. CDW’s SI was 2.91 million shares in December as released by FINRA. Its down 14.03% from 3.39 million shares previously. With 730,200 avg volume, 4 days are for Cdw Corporation (NASDAQ:CDW)’s short sellers to cover CDW’s short positions. The stock increased 0.50% or $0.34 during the last trading session, reaching $68.77. About 11,428 shares traded. CDW Corporation (NASDAQ:CDW) has risen 35.25% since December 7, 2016 and is uptrending. It has outperformed by 18.55% the S&P500.

Echo Street Capital Management Llc increased Intuit (INTU) stake by 16.93% reported in 2017Q2 SEC filing. Echo Street Capital Management Llc acquired 6,371 shares as Intuit (INTU)’s stock rose 4.61%. The Echo Street Capital Management Llc holds 43,994 shares with $5.84M value, up from 37,623 last quarter. Intuit now has $39.81B valuation. The stock decreased 0.30% or $0.47 during the last trading session, reaching $155.72. About 49,403 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 23.62% since December 7, 2016 and is uptrending. It has outperformed by 6.92% the S&P500.




CDW Corporation provides information technology solutions to business, government, education, and healthcare organizations in the United States, Canada and the United Kingdom. The company has market cap of $10.53 billion. It operates in two divisions, Corporate and Public. It has a 25.57 P/E ratio. The firm offers discrete hardware and software products, as well as integrated IT solutions, including mobility, security, data center optimization, cloud computing, virtualization, and collaboration.

Among 10 analysts covering CDW (NASDAQ:CDW), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. CDW had 33 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of CDW Corporation (NASDAQ:CDW) earned “Outperform” rating by RBC Capital Markets on Tuesday, October 13. The company was initiated on Tuesday, December 1 by Goldman Sachs. The rating was downgraded by Raymond James to “Market Perform” on Monday, April 25. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 9. The stock of CDW Corporation (NASDAQ:CDW) earned “Buy” rating by Needham on Thursday, November 5. The stock of CDW Corporation (NASDAQ:CDW) earned “Buy” rating by RBC Capital Markets on Thursday, September 7. RBC Capital Markets maintained CDW Corporation (NASDAQ:CDW) on Thursday, November 5 with “Outperform” rating. Morgan Stanley maintained CDW Corporation (NASDAQ:CDW) rating on Thursday, November 2. Morgan Stanley has “Equal-Weight” rating and $63 target. The firm has “Buy” rating by Raymond James given on Tuesday, August 4. The firm has “Outperform” rating given on Wednesday, February 8 by RBC Capital Markets.

Since June 12, 2017, it had 0 insider purchases, and 3 selling transactions for $1.97 million activity. Another trade for 16,244 shares valued at $994,791 was sold by Richards Thomas E. On Monday, June 12 CORLEY CHRISTINA M sold $240,840 worth of CDW Corporation (NASDAQ:CDW) or 4,000 shares. 12,000 shares valued at $735,960 were sold by LEAHY CHRISTINE A on Wednesday, June 14.

Investors sentiment decreased to 1.16 in 2017 Q2. Its down 0.14, from 1.3 in 2017Q1. It dropped, as 34 investors sold CDW Corporation shares while 113 reduced holdings. 46 funds opened positions while 124 raised stakes. 138.72 million shares or 1.09% less from 140.24 million shares in 2017Q1 were reported. Atlanta Mngmt L L C holds 5.25 million shares or 1.92% of its portfolio. Raymond James Tru Na invested 0.03% of its portfolio in CDW Corporation (NASDAQ:CDW). Veritable L P stated it has 3,745 shares or 0.01% of all its holdings. Global Endowment L P holds 0.06% or 6,880 shares. 4,676 are held by Vident Investment Advisory Ltd. Boston Private Wealth Ltd holds 44,834 shares. Aberdeen Asset Mngmt Public Ltd Co Uk holds 193,393 shares or 0.04% of its portfolio. Raymond James And Assocs owns 287,762 shares or 0.04% of their US portfolio. Bnp Paribas Asset Mngmt has 109,851 shares. Envestnet Asset Mgmt has 120,683 shares for 0.02% of their portfolio. Neuberger Berman Group Ltd holds 0.4% of its portfolio in CDW Corporation (NASDAQ:CDW) for 4.93 million shares. Howe & Rusling owns 130 shares. Sumitomo Mitsui Asset holds 11,671 shares or 0.01% of its portfolio. Hallmark invested 2.37% in CDW Corporation (NASDAQ:CDW). Metropolitan Life Insurance stated it has 0% of its portfolio in CDW Corporation (NASDAQ:CDW).

Echo Street Capital Management Llc decreased Campbell Soup Co (NYSE:CPB) stake by 13,372 shares to 49,965 valued at $2.61M in 2017Q2. It also reduced Rlj Lodging Tr (NYSE:RLJ) stake by 403,700 shares and now owns 479,912 shares. Avalonbay Cmntys Inc (NYSE:AVB) was reduced too.

Investors sentiment decreased to 0.96 in 2017 Q2. Its down 0.05, from 1.01 in 2017Q1. It is negative, as 41 investors sold INTU shares while 249 reduced holdings. 74 funds opened positions while 205 raised stakes. 215.33 million shares or 0.33% more from 214.62 million shares in 2017Q1 were reported. The California-based Covington Capital has invested 0.77% in Intuit Inc. (NASDAQ:INTU). Proshare Advsrs Limited Liability Com invested in 0.13% or 100,620 shares. Parkside Fincl Bank Tru holds 0.02% or 436 shares. Assetmark has invested 0% in Intuit Inc. (NASDAQ:INTU). Mar Vista Investment Prtn Ltd Liability holds 3.62% in Intuit Inc. (NASDAQ:INTU) or 652,050 shares. British Columbia Inv Mgmt Corporation accumulated 126,339 shares or 0.13% of the stock. Natixis holds 0.18% or 121,785 shares in its portfolio. Manufacturers Life Insurance The has invested 0.05% in Intuit Inc. (NASDAQ:INTU). Nomura Asset Mngmt Co has invested 0.07% in Intuit Inc. (NASDAQ:INTU). Ledyard Bancshares has 300 shares for 0.01% of their portfolio. Mufg Americas Holdings reported 125 shares. Liberty Mutual Gp Asset Mgmt Inc accumulated 0.08% or 15,487 shares. Davis R M holds 1.51% or 268,472 shares. Ibm Retirement Fund, a New York-based fund reported 5,972 shares. Highland Cap Mgmt Limited Partnership, Texas-based fund reported 44,000 shares.

Among 22 analysts covering Intuit (NASDAQ:INTU), 9 have Buy rating, 2 Sell and 11 Hold. Therefore 41% are positive. Intuit had 76 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, August 10 by Raymond James. The stock of Intuit Inc. (NASDAQ:INTU) earned “Buy” rating by Raymond James on Saturday, August 22. RBC Capital Markets maintained Intuit Inc. (NASDAQ:INTU) on Tuesday, August 22 with “Hold” rating. Moffett Nathanson initiated the shares of INTU in report on Wednesday, September 6 with “Hold” rating. The firm earned “Equal-Weight” rating on Wednesday, November 15 by Barclays Capital. The firm has “Neutral” rating given on Thursday, April 21 by Credit Suisse. The firm earned “Buy” rating on Saturday, August 22 by TheStreet. RBC Capital Markets maintained Intuit Inc. (NASDAQ:INTU) on Wednesday, November 15 with “Hold” rating. The company was upgraded on Thursday, September 21 by Wells Fargo. The company was maintained on Thursday, September 28 by Jefferies.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts