Latest Stocks: VWR Corp (VWR) Stake Boosted by Suntrust Banks Inc.

Latest Stocks: VWR Corp (VWR) Stake Boosted by Suntrust Banks Inc.

Suntrust Banks Inc. increased its position in shares of VWR Corp (NASDAQ:VWR) by 7.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,029 shares of the medical research company’s stock after buying an additional 3,061 shares during the period. Suntrust Banks Inc.’s holdings in VWR Corp were worth $1,212,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Chicago Equity Partners LLC boosted its stake in shares of VWR Corp by 14.7% in the third quarter. Chicago Equity Partners LLC now owns 15,420 shares of the medical research company’s stock valued at $437,000 after buying an additional 1,980 shares in the last quarter. Virginia Retirement Systems ET AL boosted its stake in shares of VWR Corp by 14.7% in the third quarter. Virginia Retirement Systems ET AL now owns 54,500 shares of the medical research company’s stock valued at $1,546,000 after buying an additional 7,000 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of VWR Corp by 4,179.8% in the third quarter. Wells Fargo & Company MN now owns 2,301,598 shares of the medical research company’s stock valued at $65,274,000 after buying an additional 2,247,820 shares in the last quarter. Kornitzer Capital Management Inc. KS boosted its stake in shares of VWR Corp by 2.6% in the third quarter. Kornitzer Capital Management Inc. KS now owns 454,120 shares of the medical research company’s stock valued at $12,879,000 after buying an additional 11,680 shares in the last quarter. Finally, Sit Investment Associates Inc. boosted its stake in shares of VWR Corp by 255.5% in the third quarter. Sit Investment Associates Inc. now owns 51,550 shares of the medical research company’s stock valued at $1,462,000 after buying an additional 37,050 shares in the last quarter.

VWR Corp (NASDAQ VWR) opened at 33.00 on Tuesday. The company has a market cap of $4.35 billion, a P/E ratio of 29.46 and a beta of 1.13. VWR Corp has a 52-week low of $24.42 and a 52-week high of $37.25. The company has a 50-day moving average of $31.34 and a 200-day moving average of $27.75.

VWR Corp (NASDAQ:VWR) last announced its quarterly earnings data on Friday, May 5th. The medical research company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.11 billion. VWR Corp had a return on equity of 16.06% and a net margin of 3.89%. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.40 earnings per share. On average, equities research analysts expect that VWR Corp will post $1.83 earnings per share for the current fiscal year. Several analysts have recently commented on the stock. William Blair cut shares of VWR Corp from an “outperform” rating to a “market perform” rating in a research note on Friday, May 5th. Zacks Investment Research upgraded shares of VWR Corp from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a report on Tuesday, May 16th. TheStreet upgraded shares of VWR Corp from a “c” rating to a “b-” rating in a report on Wednesday, April 19th. Finally, Jefferies Group LLC increased their target price on shares of VWR Corp from $31.00 to $32.00 and gave the stock a “buy” rating in a report on Monday, February 27th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $32.67.

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