Ct Mason Trimmed Its Sherwin (SHW) Position as Market Valuation Rose

October 11, 2018 - By Dolores Ford

The Sherwin-Williams Company (NYSE:SHW) LogoInvestors sentiment increased to 1.15 in Q2 2018. Its up 0.37, from 0.78 in 2018Q1. It increased, as 51 investors sold SHW shares while 227 reduced holdings. 90 funds opened positions while 231 raised stakes. 71.82 million shares or 5.45% more from 68.11 million shares in 2018Q1 were reported. 26,745 are held by Fil. Weatherly Asset Management Ltd Partnership stated it has 0.27% in The Sherwin-Williams Company (NYSE:SHW). The New York-based Melvin Mgmt LP has invested 0.33% in The Sherwin-Williams Company (NYSE:SHW). Utah Retirement reported 0.13% of its portfolio in The Sherwin-Williams Company (NYSE:SHW). Sigma Planning Corporation reported 0.06% in The Sherwin-Williams Company (NYSE:SHW). Texas Permanent School Fund invested in 20,089 shares or 0.11% of the stock. Manufacturers Life Insur The holds 0.1% or 221,463 shares in its portfolio. Nuwave Inv Mgmt Llc invested in 0.05% or 86 shares. 530 were accumulated by Loring Wolcott & Coolidge Fiduciary Advsr Ltd Liability Partnership Ma. Apg Asset Mngmt Nv invested in 114,535 shares. South State Corporation has 858 shares for 0.04% of their portfolio. First Midwest National Bank Division holds 0.25% or 4,279 shares in its portfolio. Quantitative Systematic Strategies Ltd Co reported 4,376 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys has 8,617 shares for 0.05% of their portfolio. Findlay Park Limited Liability Partnership invested in 2.31% or 591,000 shares.

Since July 26, 2018, it had 0 buys, and 6 sales for $15.03 million activity. Hodnik David F had sold 524 shares worth $234,328. MORIKIS JOHN G also sold $9.20 million worth of The Sherwin-Williams Company (NYSE:SHW) shares. Shares for $1.13M were sold by Baxter Joel D.. On Thursday, July 26 the insider KROPF SUSAN J sold $443,203. IPPOLITO PETER J. sold 3,839 shares worth $1.69 million.

Ct Mason decreased its stake in Sherwin (SHW) by 60.17% based on its latest 2018Q2 regulatory filing with the SEC. Ct Mason sold 7,572 shares as the company’s stock rose 18.17% with the market. The institutional investor held 5,012 shares of the building materials company at the end of 2018Q2, valued at $2.04 million, down from 12,584 at the end of the previous reported quarter. Ct Mason who had been investing in Sherwin for a number of months, seems to be less bullish one the $38.67B market cap company. The stock increased 0.35% or $1.46 during the last trading session, reaching $416.25. About 167,250 shares traded. The Sherwin-Williams Company (NYSE:SHW) has risen 33.62% since October 11, 2017 and is uptrending. It has outperformed by 18.00% the S&P500.

Ct Mason, which manages about $311.59M and $261.83M US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 16,301 shares to 17,860 shares, valued at $3.47 million in 2018Q2, according to the filing.

Analysts await The Sherwin-Williams Company (NYSE:SHW) to report earnings on October, 23. They expect $5.77 earnings per share, up 21.47 % or $1.02 from last year’s $4.75 per share. SHW’s profit will be $535.98M for 18.04 P/E if the $5.77 EPS becomes a reality. After $5.73 actual earnings per share reported by The Sherwin-Williams Company for the previous quarter, Wall Street now forecasts 0.70 % EPS growth.

More important recent The Sherwin-Williams Company (NYSE:SHW) news were published by: Investorplace.com which released: “7 Fast-Growing Stocks to Buy Today” on October 05, 2018, also Seekingalpha.com published article titled: “Dividend Champion Spotlight: The Sherwin-Williams Company”, Benzinga.com published: “A Latin American Angel Investor’s Advice On How To Succeed In Tech” on October 10, 2018. More interesting news about The Sherwin-Williams Company (NYSE:SHW) was released by: Seekingalpha.com and their article: “Housing starts preview” with publication date: September 19, 2018.

The Sherwin-Williams Company (NYSE:SHW) Ratings Coverage

Among 5 analysts covering Sherwin-Williams (NYSE:SHW), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Sherwin-Williams had 6 analyst reports since April 25, 2018 according to SRatingsIntel. On Wednesday, April 25 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Morgan Stanley maintained it with “Overweight” rating and $455 target in Tuesday, July 17 report. As per Wednesday, April 25, the company rating was maintained by Credit Suisse. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, July 25 report. The company was maintained on Wednesday, July 25 by Bank of America.

The Sherwin-Williams Company (NYSE:SHW) Institutional Positions Chart

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