As Hooker Furniture (HOFT) Stock Price Declined, Shareholder Oberweis Asset Management Has Trimmed Its Stake; Citizens & Northern Holding in W W Grainger (GWW) Upped by $314,116 as Valuation Rose

May 17, 2018 - By Nellie Frank

W.W. Grainger, Inc. (NYSE:GWW) Logo

Oberweis Asset Management Inc decreased its stake in Hooker Furniture Corp (HOFT) by 39.68% based on its latest 2017Q4 regulatory filing with the SEC. Oberweis Asset Management Inc sold 10,000 shares as the company’s stock declined 14.04% with the market. The institutional investor held 15,200 shares of the home furnishings company at the end of 2017Q4, valued at $645,000, down from 25,200 at the end of the previous reported quarter. Oberweis Asset Management Inc who had been investing in Hooker Furniture Corp for a number of months, seems to be less bullish one the $462.82M market cap company. The stock increased 1.94% or $0.75 during the last trading session, reaching $39.4. About 24,022 shares traded. Hooker Furniture Corporation (NASDAQ:HOFT) has risen 20.29% since May 17, 2017 and is uptrending. It has outperformed by 8.74% the S&P500.

Citizens & Northern Corp increased its stake in W W Grainger Inc (GWW) by 17.5% based on its latest 2017Q4 regulatory filing with the SEC. Citizens & Northern Corp bought 1,331 shares as the company’s stock rose 16.26% while stock markets declined. The institutional investor held 8,938 shares of the consumer services company at the end of 2017Q4, valued at $2.11 million, up from 7,607 at the end of the previous reported quarter. Citizens & Northern Corp who had been investing in W W Grainger Inc for a number of months, seems to be bullish on the $17.19 billion market cap company. The stock increased 0.14% or $0.43 during the last trading session, reaching $306.8. About 456,969 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has risen 15.02% since May 17, 2017 and is uptrending. It has outperformed by 3.47% the S&P500.

Oberweis Asset Management Inc, which manages about $1.10B and $427.54 million US Long portfolio, upped its stake in Care Com Inc. (NYSE:CRCM) by 186,210 shares to 271,010 shares, valued at $4.89M in 2017Q4, according to the filing. It also increased its holding in Union First Market Bankshares (NASDAQ:UBSH) by 24,729 shares in the quarter, for a total of 40,319 shares, and has risen its stake in Oshkosh Corp. (NYSE:OSK).

Investors sentiment decreased to 1.36 in 2017 Q4. Its down 0.38, from 1.74 in 2017Q3. It dived, as 10 investors sold HOFT shares while 34 reduced holdings. 20 funds opened positions while 40 raised stakes. 10.22 million shares or 2.65% more from 9.96 million shares in 2017Q3 were reported. Yorktown & reported 6,000 shares. 500 were reported by Earnest Lc. Cornerstone Cap Management Holding Limited Liability Corporation, a New York-based fund reported 43,215 shares. Oberweis Asset Mngmt accumulated 15,200 shares or 0.15% of the stock. 27,972 were reported by Prudential Financial. Thomson Horstmann And Bryant has invested 0.9% in Hooker Furniture Corporation (NASDAQ:HOFT). Strs Ohio invested in 0% or 13,200 shares. Massachusetts-based State Street Corp has invested 0% in Hooker Furniture Corporation (NASDAQ:HOFT). Ftb Incorporated reported 156 shares or 0% of all its holdings. Indexiq Lc reported 45,356 shares or 0.07% of all its holdings. Northern Trust has invested 0% in Hooker Furniture Corporation (NASDAQ:HOFT). State Board Of Administration Of Florida Retirement invested 0% in Hooker Furniture Corporation (NASDAQ:HOFT). Bowling Port Ltd Liability Co holds 40,054 shares or 0.23% of its portfolio. Moreover, New York State Common Retirement Fund has 0% invested in Hooker Furniture Corporation (NASDAQ:HOFT) for 22,318 shares. National Bank & Trust Of Montreal Can reported 3,991 shares.

More news for Hooker Furniture Corporation (NASDAQ:HOFT) were recently published by: Globenewswire.com, which released: “Boone and Townsend Named Co-Presidents of Home Meridian” on May 07, 2018. Globenewswire.com‘s article titled: “Hooker Furniture to Host First Quarter Earnings Call June 5” and published on May 09, 2018 is yet another important article.

Investors sentiment decreased to 0.81 in Q4 2017. Its down 0.17, from 0.98 in 2017Q3. It worsened, as 49 investors sold GWW shares while 190 reduced holdings. 75 funds opened positions while 118 raised stakes. 45.76 million shares or 4.60% less from 47.96 million shares in 2017Q3 were reported. Bb&T Securities Llc holds 0.14% or 45,478 shares. Westwood Grp Inc Inc reported 2,000 shares. Rodgers Brothers Incorporated accumulated 0.13% or 1,628 shares. State Treasurer State Of Michigan accumulated 15,207 shares. Jefferies Gru Limited Co invested 0% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW). Goldman Sachs stated it has 461,173 shares. Brandywine Investment Management Limited Liability invested 0.04% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW). Loring Wolcott Coolidge Fiduciary Advisors Limited Liability Partnership Ma reported 1,050 shares. 3,508 are held by Suntrust Banks. Scotia holds 0% or 956 shares in its portfolio. Franklin Resources holds 0.07% or 652,960 shares in its portfolio. Lowe Brockenbrough Company holds 3,895 shares. New Mexico-based New Mexico Educational Retirement Board has invested 0.04% in W.W. Grainger, Inc. (NYSE:GWW). Foyston Gordon & Payne invested in 1.62% or 36,058 shares. Beach Investment Counsel Pa has 0.03% invested in W.W. Grainger, Inc. (NYSE:GWW).

Among 20 analysts covering W.W. Grainger (NYSE:GWW), 4 have Buy rating, 4 Sell and 12 Hold. Therefore 20% are positive. W.W. Grainger had 114 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets downgraded W.W. Grainger, Inc. (NYSE:GWW) on Thursday, July 30 to “Underperform” rating. The rating was maintained by Stifel Nicolaus on Sunday, December 10 with “Hold”. Morgan Stanley maintained W.W. Grainger, Inc. (NYSE:GWW) rating on Thursday, July 20. Morgan Stanley has “Underweight” rating and $172 target. As per Monday, October 5, the company rating was maintained by Barclays Capital. Atlantic Securities downgraded the stock to “” rating in Tuesday, November 17 report. As per Monday, August 24, the company rating was downgraded by Robert W. Baird. The stock has “Neutral” rating by Credit Suisse on Wednesday, October 19. The firm earned “Hold” rating on Wednesday, October 18 by Stifel Nicolaus. The rating was maintained by BMO Capital Markets on Thursday, January 25 with “Market Perform”. The firm has “Neutral” rating given on Monday, October 19 by Stephens.

Since January 11, 2018, it had 1 insider buy, and 4 insider sales for $7.92 million activity. Shares for $26,606 were sold by Tapia Eric R on Thursday, February 1. Brown Laura D sold 9,158 shares worth $2.13 million. HOWARD JOHN L sold $5.75 million worth of stock or 19,500 shares.

More important recent W.W. Grainger, Inc. (NYSE:GWW) news were published by: Streetinsider.com which released: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” on May 15, 2018, also Seekingalpha.com published article titled: “How Far Could WW Grainger Fall?”, Investorplace.com published: “Amazon Fresh Creates an Interesting Test Case for Amazon.com, Inc. Stock” on May 17, 2018. More interesting news about W.W. Grainger, Inc. (NYSE:GWW) was released by: Prnewswire.com and their article: “Grainger To Present At Upcoming Investor Conferences” with publication date: May 17, 2018.

W.W. Grainger, Inc. (NYSE:GWW) Institutional Positions Chart

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