Cubist Systematic Strategies LLC Has $1.72 Million Stake in Sherwin-Williams Company (The) (SHW)

Cubist Systematic Strategies LLC lifted its stake in Sherwin-Williams Company (The) (NYSE:SHW) by 728.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,888 shares of the specialty chemicals company’s stock after buying an additional 4,298 shares during the period. Cubist Systematic Strategies LLC’s holdings in Sherwin-Williams Company (The) were worth $1,715,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alps Advisors Inc. increased its holdings in shares of Sherwin-Williams Company (The) by 0.3% in the second quarter. Alps Advisors Inc. now owns 1,544 shares of the specialty chemicals company’s stock worth $542,000 after buying an additional 4 shares during the period. BRYN MAWR TRUST Co increased its holdings in shares of Sherwin-Williams Company (The) by 0.7% in the second quarter. BRYN MAWR TRUST Co now owns 1,030 shares of the specialty chemicals company’s stock worth $361,000 after buying an additional 7 shares during the period. Dynamic Advisors Solutions LLC increased its holdings in shares of Sherwin-Williams Company (The) by 1.2% in the second quarter. Dynamic Advisors Solutions LLC now owns 684 shares of the specialty chemicals company’s stock worth $240,000 after buying an additional 8 shares during the period. IFP Advisors Inc increased its holdings in shares of Sherwin-Williams Company (The) by 0.5% in the second quarter. IFP Advisors Inc now owns 1,708 shares of the specialty chemicals company’s stock worth $599,000 after buying an additional 9 shares during the period. Finally, Valmark Advisers Inc. increased its holdings in shares of Sherwin-Williams Company (The) by 0.3% in the second quarter. Valmark Advisers Inc. now owns 3,671 shares of the specialty chemicals company’s stock worth $1,288,000 after buying an additional 10 shares during the period. Hedge funds and other institutional investors own 73.82% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Cubist Systematic Strategies LLC Has $1.72 Million Stake in Sherwin-Williams Company (The) (SHW)” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/11/cubist-systematic-strategies-llc-has-1-72-million-stake-in-sherwin-williams-company-the-shw.html.

Sherwin-Williams Company (SHW) traded down 0.2814% during mid-day trading on Wednesday, reaching $380.3966. The company’s stock had a trading volume of 32,828 shares. The stock has a market cap of $35.32 billion, a P/E ratio of 31.3600 and a beta of 1.22. The firm’s 50 day moving average is $350.84 and its 200-day moving average is $340.51. Sherwin-Williams Company has a one year low of $239.48 and a one year high of $383.64.

Sherwin-Williams Company (The) (NYSE:SHW) last issued its earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 EPS for the quarter, missing the Zacks’ consensus estimate of $4.54 by ($0.02). The company had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.83 billion. Sherwin-Williams Company (The) had a return on equity of 63.81% and a net margin of 9.14%. The business’s revenue was up 16.0% compared to the same quarter last year. During the same period last year, the business posted $4.06 earnings per share. Equities analysts expect that Sherwin-Williams Company will post $14.75 earnings per share for the current fiscal year.

Several research analysts have recently commented on the company. Longbow Research reiterated a “buy” rating and issued a $440.00 price objective (up previously from $400.00) on shares of Sherwin-Williams Company (The) in a report on Monday. Northcoast Research reiterated a “buy” rating and issued a $435.00 price objective (up previously from $375.00) on shares of Sherwin-Williams Company (The) in a report on Friday, October 6th. Bank of America Corporation raised Sherwin-Williams Company (The) from an “underperform” rating to a “buy” rating and raised their target price for the stock from $325.00 to $435.00 in a research note on Thursday, October 5th. Vertical Research reissued a “hold” rating and issued a $375.00 target price (up from $335.00) on shares of Sherwin-Williams Company (The) in a research note on Wednesday, October 4th. Finally, Morgan Stanley set a $425.00 target price on Sherwin-Williams Company (The) and gave the stock an “overweight” rating in a research note on Wednesday, October 4th. Two analysts have rated

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alps Advisors Inc. increased its holdings in shares of Sherwin-Williams Company (The) by 0.3% in the second quarter. Alps Advisors Inc. now owns 1,544 shares of the specialty chemicals company’s stock worth $542,000 after buying an additional 4 shares during the period. BRYN MAWR TRUST Co increased its holdings in shares of Sherwin-Williams Company (The) by 0.7% in the second quarter. BRYN MAWR TRUST Co now owns 1,030 shares of the specialty chemicals company’s stock worth $361,000 after buying an additional 7 shares during the period. Dynamic Advisors Solutions LLC increased its holdings in shares of Sherwin-Williams Company (The) by 1.2% in the second quarter. Dynamic Advisors Solutions LLC now owns 684 shares of the specialty chemicals company’s stock worth $240,000 after buying an additional 8 shares during the period. IFP Advisors Inc increased its holdings in shares of Sherwin-Williams Company (The) by 0.5% in the second quarter. IFP Advisors Inc now owns 1,708 shares of the specialty chemicals company’s stock worth $599,000 after buying an additional 9 shares during the period. Finally, Valmark Advisers Inc. increased its holdings in shares of Sherwin-Williams Company (The) by 0.3% in the second quarter. Valmark Advisers Inc. now owns 3,671 shares of the specialty chemicals company’s stock worth $1,288,000 after buying an additional 10 shares during the period. Hedge funds and other institutional investors own 73.82% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Cubist Systematic Strategies LLC Has $1.72 Million Stake in Sherwin-Williams Company (The) (SHW)” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/11/cubist-systematic-strategies-llc-has-1-72-million-stake-in-sherwin-williams-company-the-shw.html.

Sherwin-Williams Company (SHW) traded down 0.2814% during mid-day trading on Wednesday, reaching $380.3966. The company’s stock had a trading volume of 32,828 shares. The stock has a market cap of $35.32 billion, a P/E ratio of 31.3600 and a beta of 1.22. The firm’s 50 day moving average is $350.84 and its 200-day moving average is $340.51. Sherwin-Williams Company has a one year low of $239.48 and a one year high of $383.64.

Sherwin-Williams Company (The) (NYSE:SHW) last issued its earnings results on Thursday, July 20th. The specialty chemicals company reported $4.52 EPS for the quarter, missing the Zacks’ consensus estimate of $4.54 by ($0.02). The company had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.83 billion. Sherwin-Williams Company (The) had a return on equity of 63.81% and a net margin of 9.14%. The business’s revenue was up 16.0% compared to the same quarter last year. During the same period last year, the business posted $4.06 earnings per share. Equities analysts expect that Sherwin-Williams Company will post $14.75 earnings per share for the current fiscal year.

Several research analysts have recently commented on the company. Longbow Research reiterated a “buy” rating and issued a $440.00 price objective (up previously from $400.00) on shares of Sherwin-Williams Company (The) in a report on Monday. Northcoast Research reiterated a “buy” rating and issued a $435.00 price objective (up previously from $375.00) on shares of Sherwin-Williams Company (The) in a report on Friday, October 6th. Bank of America Corporation raised Sherwin-Williams Company (The) from an “underperform” rating to a “buy” rating and raised their target price for the stock from $325.00 to $435.00 in a research note on Thursday, October 5th. Vertical Research reissued a “hold” rating and issued a $375.00 target price (up from $335.00) on shares of Sherwin-Williams Company (The) in a research note on Wednesday, October 4th. Finally, Morgan Stanley set a $425.00 target price on Sherwin-Williams Company (The) and gave the stock an “overweight” rating in a research note on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $392.49.

Sherwin-Williams Company (The) Company Profile

The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items.

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Institutional Ownership by Quarter for Sherwin-Williams Company (The) (NYSE:SHW)

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