Shareholder Janney Montgomery Scott Has Lifted Cdw (CDW) Stake; Cna Financial Increases Holding in Anixter Intl Com (AXE)

April 21, 2018 - By Winifred Garcia

Anixter International Inc. (NYSE:AXE) Logo

Cna Financial Corp increased its stake in Anixter Intl Inc Com (AXE) by 74.47% based on its latest 2017Q4 regulatory filing with the SEC. Cna Financial Corp bought 9,695 shares as the company’s stock declined 1.20% with the market. The institutional investor held 22,714 shares of the telecommunications equipment company at the end of 2017Q4, valued at $1.73M, up from 13,019 at the end of the previous reported quarter. Cna Financial Corp who had been investing in Anixter Intl Inc Com for a number of months, seems to be bullish on the $2.60B market cap company. The stock decreased 0.19% or $0.15 during the last trading session, reaching $78.05. About 74,436 shares traded. Anixter International Inc. (NYSE:AXE) has declined 4.71% since April 21, 2017 and is downtrending. It has underperformed by 16.26% the S&P500.

Janney Montgomery Scott Llc increased its stake in Cdw Corp (CDW) by 7.2% based on its latest 2017Q4 regulatory filing with the SEC. Janney Montgomery Scott Llc bought 7,010 shares as the company’s stock rose 1.46% while stock markets declined. The institutional investor held 104,433 shares of the catalog and specialty distribution company at the end of 2017Q4, valued at $7.26M, up from 97,423 at the end of the previous reported quarter. Janney Montgomery Scott Llc who had been investing in Cdw Corp for a number of months, seems to be bullish on the $10.87 billion market cap company. The stock decreased 1.38% or $1 during the last trading session, reaching $71.53. About 364,181 shares traded. CDW Corporation (NASDAQ:CDW) has risen 23.31% since April 21, 2017 and is uptrending. It has outperformed by 11.76% the S&P500.

Among 6 analysts covering Anixter (NYSE:AXE), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Anixter had 18 analyst reports since July 30, 2015 according to SRatingsIntel. Robert W. Baird maintained Anixter International Inc. (NYSE:AXE) on Wednesday, August 30 with “Hold” rating. The stock has “Outperform” rating by Imperial Capital on Thursday, October 27. The stock of Anixter International Inc. (NYSE:AXE) earned “Buy” rating by Zacks on Monday, September 21. The firm earned “Neutral” rating on Friday, December 2 by Longbow. The firm has “Hold” rating given on Tuesday, January 30 by Robert W. Baird. Imperial Capital downgraded Anixter International Inc. (NYSE:AXE) rating on Thursday, February 2. Imperial Capital has “In-Line” rating and $88 target. The firm has “Outperform” rating by Imperial Capital given on Wednesday, July 27. On Thursday, September 10 the stock rating was upgraded by Longbow to “Buy”. The company was maintained on Tuesday, October 3 by Robert W. Baird. The firm has “In-Line” rating given on Monday, October 19 by Imperial Capital.

Investors sentiment decreased to 1.16 in Q4 2017. Its down 0.13, from 1.29 in 2017Q3. It is negative, as 29 investors sold AXE shares while 54 reduced holdings. 31 funds opened positions while 65 raised stakes. 27.44 million shares or 4.75% more from 26.19 million shares in 2017Q3 were reported. Us National Bank & Trust De stated it has 4,536 shares or 0% of all its holdings. 92,487 are held by Bank Of America Corp De. Texas Permanent School Fund reported 19,567 shares stake. Louisiana State Employees Retirement System reported 0.04% stake. Voya Inv Mgmt Ltd Limited Liability Company reported 32,789 shares stake. California State Teachers Retirement Sys holds 0.01% in Anixter International Inc. (NYSE:AXE) or 47,451 shares. Wells Fargo Mn owns 0.01% invested in Anixter International Inc. (NYSE:AXE) for 307,594 shares. Tiaa Cref Invest Mngmt Ltd Co owns 0.04% invested in Anixter International Inc. (NYSE:AXE) for 839,269 shares. 3 are held by Quantbot Tech Lp. Diamond Hill Mgmt stated it has 41,392 shares. Vanguard Grp Incorporated reported 3.03M shares. Teachers Retirement System Of The State Of Kentucky holds 0.01% or 10,900 shares. Sit Inv Associate invested in 53,861 shares or 0.1% of the stock. Keybank Association Oh reported 0.01% of its portfolio in Anixter International Inc. (NYSE:AXE). Clarivest Asset Mngmt Ltd Co holds 6 shares or 0% of its portfolio.

Since January 16, 2018, it had 0 buys, and 4 sales for $2.69 million activity.

Cna Financial Corp, which manages about $415.58 million US Long portfolio, decreased its stake in Wal (NYSE:WMT) by 7,156 shares to 18,119 shares, valued at $1.79M in 2017Q4, according to the filing. It also reduced its holding in Terex Corp New Com (NYSE:TEX) by 48,968 shares in the quarter, leaving it with 46,646 shares, and cut its stake in Morgan Stanley Com New (NYSE:MS).

Janney Montgomery Scott Llc, which manages about $15.70B and $9.63 billion US Long portfolio, decreased its stake in Ishs Us Hc Provdrs Etf (IHF) by 29,764 shares to 7,956 shares, valued at $1.25M in 2017Q4, according to the filing. It also reduced its holding in Kinder Morgan Inc De (NYSE:KMI) by 56,365 shares in the quarter, leaving it with 398,795 shares, and cut its stake in Boeing Company (NYSE:BA).

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.11, from 0.92 in 2017Q3. It is positive, as 25 investors sold CDW shares while 133 reduced holdings. 71 funds opened positions while 91 raised stakes. 135.97 million shares or 0.50% less from 136.65 million shares in 2017Q3 were reported. State Street holds 3.04 million shares or 0.02% of its portfolio. Moreover, Bnp Paribas Arbitrage Sa has 0.02% invested in CDW Corporation (NASDAQ:CDW). Fred Alger Management reported 0% of its portfolio in CDW Corporation (NASDAQ:CDW). Moreover, Origin Asset Management Llp has 1.55% invested in CDW Corporation (NASDAQ:CDW) for 389,911 shares. Yorktown owns 5,200 shares or 0.1% of their US portfolio. Bbva Compass Natl Bank Inc holds 0.03% of its portfolio in CDW Corporation (NASDAQ:CDW) for 6,891 shares. Moreover, Cwm Lc has 0% invested in CDW Corporation (NASDAQ:CDW) for 94 shares. Jaffetilchin Prtnrs Ltd Liability reported 10,619 shares stake. M&T Bankshares holds 0.02% in CDW Corporation (NASDAQ:CDW) or 56,438 shares. Pictet Asset Management Ltd owns 0.01% invested in CDW Corporation (NASDAQ:CDW) for 59,890 shares. Jefferies Group reported 16,615 shares. Veritable Limited Partnership reported 0% stake. Pensionfund Dsm Netherlands owns 50,000 shares or 0.49% of their US portfolio. Voya Investment Ltd holds 0.01% in CDW Corporation (NASDAQ:CDW) or 54,736 shares. 80,115 are owned by Susquehanna Group Inc Llp.

Among 12 analysts covering CDW (NASDAQ:CDW), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. CDW had 38 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of CDW Corporation (NASDAQ:CDW) has “Outperform” rating given on Wednesday, November 16 by RBC Capital Markets. The company was initiated on Tuesday, December 1 by Goldman Sachs. The company was upgraded on Tuesday, May 9 by Robert W. Baird. The company was maintained on Thursday, August 4 by Deutsche Bank. As per Monday, September 18, the company rating was maintained by Needham. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, September 7 report. The stock of CDW Corporation (NASDAQ:CDW) has “Buy” rating given on Monday, July 17 by Stifel Nicolaus. Raymond James downgraded the stock to “Underperform” rating in Friday, October 13 report. The firm has “Buy” rating by Raymond James given on Tuesday, August 4. As per Thursday, February 8, the company rating was maintained by Morgan Stanley.

Anixter International Inc. (NYSE:AXE) Institutional Positions Chart

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