Cove Street Capital Has Trimmed Gp Strategies (GPX) Stake; W.W. Grainger, Inc. (GWW) Had 2 Analysts Last Week

December 2, 2017 - By Kurt Siggers

Cove Street Capital Llc decreased Gp Strategies Corp (GPX) stake by 14.93% reported in 2017Q2 SEC filing. Cove Street Capital Llc sold 173,573 shares as Gp Strategies Corp (GPX)’s stock declined 7.27%. The Cove Street Capital Llc holds 989,268 shares with $26.12M value, down from 1.16M last quarter. Gp Strategies Corp now has $381.83M valuation. The stock decreased 1.09% or $0.25 during the last trading session, reaching $22.75. About 48,152 shares traded or 46.32% up from the average. GP Strategies Corporation (NYSE:GPX) has risen 8.06% since December 2, 2016 and is uptrending. It has underperformed by 8.64% the S&P500.

Among 17 analysts covering W.W. Grainger (NYSE:GWW), 2 have Buy rating, 5 Sell and 10 Hold. Therefore 12% are positive. W.W. Grainger had 86 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of W.W. Grainger, Inc. (NYSE:GWW) earned “Equal Weight” rating by Barclays Capital on Monday, October 19. The stock of W.W. Grainger, Inc. (NYSE:GWW) earned “Hold” rating by Oppenheimer on Wednesday, July 19. The stock of W.W. Grainger, Inc. (NYSE:GWW) has “Sell” rating given on Monday, November 13 by RBC Capital Markets. The stock has “Underperform” rating by RBC Capital Markets on Friday, November 13. The rating was downgraded by UBS on Thursday, October 19 to “Sell”. The rating was maintained by Morgan Stanley on Wednesday, October 18 with “Underweight”. The company was maintained on Wednesday, October 19 by Stifel Nicolaus. The firm earned “Underperform” rating on Thursday, July 30 by RBC Capital Markets. The rating was maintained by BMO Capital Markets on Friday, May 26 with “Hold”. The stock of W.W. Grainger, Inc. (NYSE:GWW) earned “Sector Weight” rating by KeyBanc Capital Markets on Monday, August 21. See W.W. Grainger, Inc. (NYSE:GWW) latest ratings:

13/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
13/11/2017 Broker: RBC Capital Markets Rating: Sell New Target: $151.0 Maintain
06/11/2017 Broker: RBC Capital Markets Rating: Sell New Target: $148.0 Maintain
18/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $212.0 Maintain
19/10/2017 Broker: UBS Rating: Sell New Target: $195.0 Downgrade
18/10/2017 Broker: Credit Suisse Rating: Underperform Old Target: $150 New Target: $172 Maintain
17/10/2017 Broker: RBC Capital Markets Rating: Sell New Target: $146.0 Maintain
18/10/2017 Broker: Wells Fargo Rating: Hold New Target: $210.0 Maintain
18/10/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $178 New Target: $185 Maintain
18/10/2017 Broker: BMO Capital Markets Rating: Hold New Target: $194.0 Maintain

Investors sentiment decreased to 0.8 in Q2 2017. Its down 0.32, from 1.12 in 2017Q1. It worsened, as 96 investors sold W.W. Grainger, Inc. shares while 180 reduced holdings. 60 funds opened positions while 160 raised stakes. 46.50 million shares or 0.36% more from 46.33 million shares in 2017Q1 were reported. 1,134 are held by Cetera Advisor Llc. Amp Cap Investors reported 16,308 shares. Private Advisor Gp Ltd Liability Co holds 0.01% or 1,312 shares in its portfolio. Liberty Mutual Grp Inc Asset Mngmt invested in 0.03% or 3,431 shares. Shine Inv Advisory Serv accumulated 0.02% or 235 shares. Principal Fincl Group Incorporated invested 0.02% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW). Rampart Invest Mgmt Communication Ltd Limited Liability Company holds 0.05% or 702 shares. Cwm Limited Liability stated it has 0% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW). Nippon Life Ins Communication holds 0.02% or 5,604 shares in its portfolio. Spf Beheer Bv accumulated 241,907 shares or 2.04% of the stock. Lowe Brockenbrough And reported 0.11% stake. Alethea Cap Ltd Liability Co holds 2.19% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW) for 21,418 shares. Monarch accumulated 0.14% or 1,982 shares. Massmutual Fsb Adv owns 18,284 shares or 0% of their US portfolio. Acropolis Inv Mngmt reported 3,255 shares.

W.W. Grainger, Inc. distributes maintenance, repair, and operating supplies; and other related services and products that are used by businesses and institutions in the United States, Canada, Europe, Asia, and Latin America. The company has market cap of $12.44 billion. It operates through two divisions, U.S. and Canada. It has a 26.04 P/E ratio. The firm offers material handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, building and home inspection supplies, vehicle and fleet components, and various other products.

The stock decreased 1.39% or $3.08 during the last trading session, reaching $218.23. About 999,893 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has declined 21.15% since December 2, 2016 and is downtrending. It has underperformed by 37.85% the S&P500.

Among 4 analysts covering GP Strategies (NYSE:GPX), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. GP Strategies had 10 analyst reports since August 3, 2015 according to SRatingsIntel. Roth Capital maintained GP Strategies Corporation (NYSE:GPX) on Thursday, July 27 with “Buy” rating. On Friday, July 28 the stock rating was maintained by Barrington Research with “Outperform”. The rating was upgraded by TH Capital on Thursday, October 29 to “Buy”. Roth Capital maintained GP Strategies Corporation (NYSE:GPX) on Thursday, November 2 with “Buy” rating. Roth Capital upgraded the stock to “Buy” rating in Thursday, October 29 report. B. Riley & Co downgraded the stock to “Neutral” rating in Wednesday, November 2 report. The company was downgraded on Monday, August 3 by TH Capital. The firm has “Buy” rating given on Friday, February 26 by B. Riley & Co. Roth Capital downgraded GP Strategies Corporation (NYSE:GPX) on Monday, August 3 to “Neutral” rating.

Cove Street Capital Llc increased Avid Technology Inc (NASDAQ:AVID) stake by 513,877 shares to 6.11 million valued at $32.12M in 2017Q2. It also upped Lsi Industries Inc (NASDAQ:LYTS) stake by 100,000 shares and now owns 250,000 shares. Great Elm Capital Group Inc was raised too.

Analysts await GP Strategies Corporation (NYSE:GPX) to report earnings on February, 27. They expect $0.29 EPS, down 27.50% or $0.11 from last year’s $0.4 per share. GPX’s profit will be $4.87M for 19.61 P/E if the $0.29 EPS becomes a reality. After $0.29 actual EPS reported by GP Strategies Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.