CDW Corporation (NASDAQ:CDW) is expected to pay $0.16 on Dec 12, 2016. The indicated annual dividend is $0.64. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on CDW Corporation’s current price of $51.43, the dividend is 0.31%. This dividend’s record date is Nov 25, 2016 and the announcement date is Nov 2, 2016. The stock decreased 1.02% or $0.53 on November 18, hitting $51.43. CDW Corp (NASDAQ:CDW) has risen 20.00% since April 19, 2016 and is uptrending. It has outperformed by 16.13% the S&P500.
CDW Corporation provides integrated information technology (IT) solutions. The company has a market cap of $8.17 billion. The Company’s divisions include Corporate, Public and Other. It has a 20.96 P/E ratio. The Corporate segment consists of private sector business customers.
Insitutional Activity: The institutional sentiment decreased to 0.9 in Q2 2016. Its down 0.78, from 1.68 in 2016Q1. The ratio dropped, as 30 funds sold all CDW Corp shares owned while 80 reduced positions. 61 funds bought stakes while 124 increased positions. They now own 144.07 million shares or 2.45% more from 140.62 million shares in 2016Q1.
Community Tru And Investment has 1.21% invested in the company for 237,983 shares. Columbia Wanger Asset Management Limited Liability Company has invested 0.74% of its portfolio in CDW Corp (NASDAQ:CDW). Panagora Asset Inc last reported 68,983 shares in the company. Seven Eight Cap Lc holds 0.02% or 1,600 shares in its portfolio. Thrivent For Lutherans has invested 0.01% of its portfolio in CDW Corp (NASDAQ:CDW). Axa has invested 0.01% of its portfolio in CDW Corp (NASDAQ:CDW). Fenimore Asset accumulated 3.96% or 2.00M shares. Cantab Capital Ltd Liability Partnership last reported 28,282 shares in the company. Virginia Retirement Et Al holds 0.13% of its portfolio in CDW Corp (NASDAQ:CDW) for 226,100 shares. First Bancorp Of Omaha reported 157,773 shares or 0.47% of all its holdings. Bridgeway Management Inc last reported 0.09% of its portfolio in the stock. Jacobs Levy Equity accumulated 0.01% or 12,590 shares. Acadian Asset Limited Liability Corp holds 122 shares or 0% of its portfolio. Envestnet Asset last reported 135,953 shares in the company. Mariner Wealth Advsr Ltd Com has 0.02% invested in the company for 10,860 shares.
Insider Transactions: Since November 3, 2016, the stock had 0 buys, and 1 insider sale for $3.52 million net activity. ECKROTE DOUGLAS E had sold 80,000 shares worth $3.52 million on Thursday, November 3.
CDW Corp (NASDAQ:CDW) Ratings Coverage
Out of 8 analysts covering CDW (NASDAQ:CDW), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. CDW has been the topic of 16 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was initiated by Goldman Sachs on Tuesday, December 1 with “Buy”. The firm has “Buy” rating by Deutsche Bank given on Thursday, August 4. The rating was downgraded by Raymond James to “Market Perform” on Monday, April 25. Barclays Capital initiated the stock with “Overweight” rating in Wednesday, October 14 report. As per Tuesday, August 4, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained CDW Corp (NASDAQ:CDW) rating on Wednesday, October 14. Stifel Nicolaus has “Buy” rating and $48 price target. The stock of CDW Corp (NASDAQ:CDW) earned “Buy” rating by Raymond James on Tuesday, August 4. The stock has “Outperform” rating given by RBC Capital Markets on Tuesday, October 13. The firm has “Hold” rating by Zacks given on Thursday, August 6. The stock has “Buy” rating given by Needham on Thursday, November 5.
More news for CDW Corp (NASDAQ:CDW) were recently published by: Zacks.com, which released: “CDW Corp. (CDW) Q3 Earnings: Will it Pull Off a Surprise?” on October 31, 2016. Nasdaq.com‘s article titled: “CDW Reaches Analyst Target Price” and published on November 15, 2016 is yet another important article.
CDW Company Profile
CDW Corporation (CDW), incorporated on May 25, 2007, is a well-known provider of integrated information technology (IT) solutions in the United States and Canada. The Company’s divisions include Corporate, Public and Other. The Corporate segment consists of private sector business clients in the United States. The Corporate segment is divided into a medium/large business customer channel, serving clients with approximately 100 employees and a small business customer channel, serving clients with over 100 employees. The Public segment consists of government agencies and education and healthcare institutions in the United States. The Other segment includes CDW Advanced Services, Canada and Kelway. The CDW Advanced Services business consists of customized engineering services delivered by technology specialists and engineers, and managed services that include infrastructure as a service (IaaS) offerings. The Firm has centralized logistics and headquarters functions that provide services to the divisions. The logistics function includes purchasing, distribution and fulfillment services to support both the Corporate and Public divisions. The centralized headquarters function provides services in areas, such as accounting, information technology, marketing, legal and coworker services.
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