Endurant Capital Management LP increased its stake in shares of VWR Corp (NASDAQ:VWR) by 30.9% during the third quarter, Holdings Channel reports. The institutional investor owned 107,422 shares of the company’s stock after buying an additional 25,333 shares during the period. Endurant Capital Management LP owned about 0.08% of VWR Corp worth $3,046,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Madison Dearborn Partners LLC acquired a new position in shares of VWR Corp during the second quarter valued at about $1,553,375,000. Wells Fargo & Company MN increased its position 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 company’s stock valued at $65,274,000 after buying an additional 2,247,820 shares during the last quarter. Vanguard Group Inc. increased its position in shares of VWR Corp by 41.5% in the second quarter. Vanguard Group Inc. now owns 5,633,111 shares of the company’s stock valued at $162,796,000 after buying an additional 1,653,244 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of VWR Corp by 903.7% in the third quarter. JPMorgan Chase & Co. now owns 1,809,270 shares of the company’s stock valued at $51,311,000 after buying an additional 1,629,007 shares during the last quarter. Finally, Jennison Associates LLC increased its position in shares of VWR Corp by 651.4% in the third quarter. Jennison Associates LLC now owns 1,032,274 shares of the company’s stock valued at $29,275,000 after buying an additional 894,901 shares during the last quarter.
Shares of VWR Corp (NASDAQ:VWR) opened at 26.51 on Friday. VWR Corp has a 12-month low of $22.32 and a 12-month high of $31.75. The company has a 50-day moving average price of $25.50 and a 200-day moving average price of $27.12. The company has a market cap of $3.49 billion, a P/E ratio of 19.93 and a beta of 1.13.
A number of equities research analysts have recently weighed in on the company. Bank of America Corporation downgraded VWR Corp from a “buy” rating to a “neutral” rating in a research report on Friday, November 4th. TheStreet downgraded VWR Corp from a “buy” rating to a “hold” rating in a research report on Monday, November 14th. Deutsche Bank AG restated a “hold” rating and set a $26.00 target price on shares of VWR Corp in a research report on Wednesday, January 18th. Finally, Jefferies Group LLC dropped their target price on VWR Corp from $34.00 to $31.00 and set a “buy” rating for the company in a research report on Monday, January 23rd. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $31.43.
About VWR Corp
VWR Corporation is a provider of laboratory products, services and solutions to the life science, general research and applied markets. The Company operates in two segments: Americas and EMEA-APAC. Its Americas segment consists of operations located principally in the United States and Canada, as well as in Puerto Rico, Mexico and select countries in Central and South America, including Costa Rica, Brazil, Argentina and Chile, and includes over 65 facilities located in approximately 10 countries.
Want to see what other hedge funds are holding VWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VWR Corp (NASDAQ:VWR).
This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/vwr-corp-vwr-position-boosted-by-endurant-capital-management-lp/1656534.html
Receive News & Ratings for VWR Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VWR Corp and related companies with MarketBeat.com's FREE daily email newsletter.