Economy

Sherwin-Williams Company (The) (NYSE:SHW) Trading Up - Short Interest Down -35.34%

Sherwin-Williams Company (The) (NYSE:SHW) Trading Up - Short Interest Down -35.34%”

NEXT Financial Group Inc now owns 409 shares of the company's stock worth $113,000 after buying an additional 384 shares during the last quarter. Himax Technologies Inc now has $1.71 billion valuation. The stock increased 0.31% or $0.14 on September 8, reaching $44.64. The company's stock had a trading volume of 727,019 shares. Sherwin-Williams Co (NYSE:SHW) has risen 15.27% since September 9, 2016 and is uptrending. It has outperformed by 35.05% the S&P500.

Investors are feeling more bullish on shares of Sherwin-Williams Company (The) recently if you evaluate the fall in short interest. The Blair William & Company holds 25,765 shares with $6.92M value, down from 28,252 last quarter. The total value of its holdings increased 2,203,025.0%. Cadence Bank Na who had been investing in Novartis Ag Sponsored Adr for a number of months, seems to be less bullish one the $223.03 billion market cap company. The stock increased 1.47% or $5 on September 8, reaching $344.55. About 1.82 million shares traded. The Wisconsin-based State Of Wisconsin Investment Board has invested 0.05% in Sherwin-Williams Co (NYSE:SHW). It has underperformed by 1.43% the S&P500.

Investors sentiment increased to 1.22 in 2016 Q4. Its up 0.15, from 1.07 in 2016Q3. It is positive, as 64 investors sold SHW shares while 237 reduced holdings. 86 funds opened positions while 200 raised stakes. The company reported $2.34 earnings per share for the quarter, beating analysts' consensus estimates of $2.21 by $0.13. Millennium Mgmt Ltd Llc reported 0.01% stake.

Sherwin-Williams Company (The) (NYSE:SHW) last announced its quarterly earnings results on Thursday, January 26th. On Monday, May 15 Baxter Joel D. sold $1.84 million worth of Sherwin-Williams Co (NYSE:SHW) or 5,470 shares. Cypress holds 0.19% or 2,954 shares in its portfolio. $3.52 million worth of Sherwin-Williams Co (NYSE:SHW) was sold by Davisson Robert J on Wednesday, May 3. Robeco Institutional Asset Management Bv holds 0.02% of its portfolio in Sherwin-Williams Co (NYSE:SHW) for 7,193 shares. Moreover, Gotham Asset Management Limited has 0.03% invested in Advance Auto Parts, Inc. Alps holds 1,456 shares or 0% of its portfolio. Virtus Invest Advisers reported 12,916 shares or 0.27% of all its holdings. Epoch Prtn stated it has 1.06 million shares or 0.67% of all its holdings. (NYSE:VZ). Dorsey Whitney Lc holds 0.73% or 60,200 shares. Axa reported 0.07% in Sherwin-Williams Co (NYSE:SHW). Marble Harbor Invest Counsel Ltd Com has invested 0.09% of its portfolio in Verizon Communications Inc. (NYSE:ROL) for 7,500 shares. The specialty chemicals company reported $4.52 EPS for the quarter, missing the consensus estimate of $4.54 by $0.02.

Since May 3, 2017, it had 0 insider buys, and 4 sales for $8.18 million activity. Also, SVP Allen J. Mistysyn sold 830 shares of the company's stock in a transaction on Friday, January 27th. Therefore 67% are positive. Himax Tech had 34 analyst reports since August 10, 2015 according to SRatingsIntel. Sidoti downgraded the stock to "Neutral" rating in Monday, March 21 report. Atlantic Securities initiated Sherwin-Williams Co (NYSE:SHW) on Tuesday, November 29 with "Overweight" rating. The firm earned "Buy" rating on Thursday, July 13 by RBC Capital Markets. Credit Suisse Group raised Sherwin-Williams Company (The) to a "buy" rating and set a $375.00 price objective for the company in a research note on Sunday, July 23rd. Wells Fargo initiated Sherwin-Williams Co (NYSE:SHW) on Thursday, September 29 with "Market Perform" rating.

Cullen Frost Bankers Inc decreased Nextera Energy Inc Com (NYSE:NEE) stake by 2,888 shares to 43,041 valued at $5.14 million in 2016Q4. It also upped Pioneer Natural Resources (NYSE:PXD) stake by 3,196 shares and now owns 305,122 shares. Netease Inc (NASDAQ:NTES) was reduced too. On average, equities analysts predict that Sherwin-Williams Company will post $14.99 EPS for the current year. Sherwin-Williams Company has a 52-week low of $239.48 and a 52-week high of $312.48.

It is now trading at $344.68 slightly over the 50 day moving average of $338.69 and just above the 200 day moving average of $332.76. The value of the company's investment in Sherwin-Williams Company (The) went from $76,636,000 to $45,325,000 decreasing 40.9% for the reporting period. The company was upgraded on Wednesday, March 16 by Longbow. Northcoast upgraded the stock to "Buy" rating in Wednesday, July 22 report. The stock has "Accumulate" rating by Seaport Global Securities on Tuesday, January 5. The company was downgraded on Monday, July 11 by Seaport Global. RBC Capital Markets maintained the shares of SHW in report on Wednesday, November 25 with "Outperform" rating.

On June 13 the stock rating was upgraded from "Buy" to "Buy" and a price target of $403.00 was set in a statement from Longbow Research. The company was downgraded on Tuesday, January 10 by Craig Hallum.



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