Hantz Financial Services Inc. Sells 2,919 Shares of The Sherwin-Williams Company (NYSE:SHW)

Hantz Financial Services Inc. lessened its stake in shares of The Sherwin-Williams Company (NYSE:SHW) by 8.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,283 shares of the specialty chemicals company’s stock after selling 2,919 shares during the period. Hantz Financial Services Inc.’s holdings in Sherwin-Williams were worth $10,294,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Valued Wealth Advisors LLC raised its holdings in shares of Sherwin-Williams by 88.9% in the 3rd quarter. Valued Wealth Advisors LLC now owns 68 shares of the specialty chemicals company’s stock valued at $26,000 after purchasing an additional 32 shares in the last quarter. First Personal Financial Services purchased a new position in Sherwin-Williams during the third quarter valued at approximately $29,000. FSA Wealth Management LLC bought a new position in Sherwin-Williams in the third quarter worth approximately $32,000. GHP Investment Advisors Inc. lifted its holdings in Sherwin-Williams by 47.5% during the third quarter. GHP Investment Advisors Inc. now owns 87 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 28 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in Sherwin-Williams during the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SHW. Morgan Stanley reduced their price target on Sherwin-Williams from $450.00 to $405.00 and set an “overweight” rating for the company in a research report on Tuesday. Royal Bank of Canada decreased their price target on shares of Sherwin-Williams from $455.00 to $446.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. Wells Fargo & Company lifted their price objective on shares of Sherwin-Williams from $350.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 15th. Robert W. Baird increased their target price on shares of Sherwin-Williams from $350.00 to $360.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Finally, StockNews.com lowered shares of Sherwin-Williams from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. One analyst has rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $400.65.

Sherwin-Williams Stock Performance

Shares of NYSE SHW opened at $363.48 on Wednesday. The company has a 50 day simple moving average of $360.82 and a two-hundred day simple moving average of $363.06. The stock has a market cap of $91.54 billion, a price-to-earnings ratio of 36.18, a PEG ratio of 2.78 and a beta of 1.22. The company has a current ratio of 0.83, a quick ratio of 0.51 and a debt-to-equity ratio of 1.97. The Sherwin-Williams Company has a 12 month low of $282.09 and a 12 month high of $400.42.

Insider Activity at Sherwin-Williams

In other news, SVP Gregory P. Sofish sold 2,565 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $378.63, for a total transaction of $971,185.95. Following the sale, the senior vice president now directly owns 6,329 shares in the company, valued at $2,396,349.27. This trade represents a 28.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mary L. Garceau sold 15,770 shares of the company’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $397.92, for a total value of $6,275,198.40. Following the completion of the transaction, the senior vice president now directly owns 29,205 shares of the company’s stock, valued at $11,621,253.60. The trade was a 35.06 % decrease in their position. The disclosure for this sale can be found here. 0.60% of the stock is owned by company insiders.

Sherwin-Williams Company Profile

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.