Pnc Financial Services Group Inc Increased Wd (NASDAQ:WDFC) Stake by $10.06 Million

August 12, 2018 - By Elena Maslow

WD-40 Company (NASDAQ:WDFC) LogoInvestors sentiment decreased to 1.15 in Q1 2018. Its down 0.14, from 1.29 in 2017Q4. It worsened, as 15 investors sold WDFC shares while 57 reduced holdings. 28 funds opened positions while 55 raised stakes. 11.30 million shares or 1.27% less from 11.45 million shares in 2017Q4 were reported. The Pennsylvania-based Smithfield Tru Communication has invested 0% in WD-40 Company (NASDAQ:WDFC). Us Bank & Trust De stated it has 2,134 shares or 0% of all its holdings. Wellington Shields Capital Limited Liability Company has 0.24% invested in WD-40 Company (NASDAQ:WDFC). Stifel Corp owns 20,767 shares for 0.01% of their portfolio. Fdx Advsr reported 0.02% stake. Capital Mgmt Associates Ny holds 8,700 shares or 1.76% of its portfolio. Virtu Financial Ltd Liability has 0.02% invested in WD-40 Company (NASDAQ:WDFC) for 2,272 shares. Renaissance Techs Ltd Limited Liability Company owns 0.09% invested in WD-40 Company (NASDAQ:WDFC) for 626,600 shares. Moreover, Invesco has 0.01% invested in WD-40 Company (NASDAQ:WDFC). Moreover, Df Dent And Co has 0.02% invested in WD-40 Company (NASDAQ:WDFC). Century Cos owns 0% invested in WD-40 Company (NASDAQ:WDFC) for 9,320 shares. Ubs Asset Mgmt Americas reported 6,979 shares stake. Pittenger And Anderson invested 0.02% of its portfolio in WD-40 Company (NASDAQ:WDFC). Prudential Fincl owns 23,899 shares. 4,295 were reported by Teachers Retirement Of The State Of Kentucky.

Since February 13, 2018, it had 1 buy, and 2 sales for $311,897 activity. FREEMAN MICHAEL L sold $581,278 worth of stock or 4,861 shares. On Thursday, May 10 the insider PITTARD DANIEL E bought $70,305. On Friday, April 13 Brass Steven A sold $130,825 worth of WD-40 Company (NASDAQ:WDFC) or 1,000 shares.

Pnc Financial Services Group Inc increased its stake in Wd (NASDAQ:WDFC) by 2828.79% based on its latest 2018Q2 regulatory filing with the SEC. Pnc Financial Services Group Inc bought 68,881 shares as the company’s stock rose 8.35% while stock markets declined. The institutional investor held 71,316 shares of the major chemicals company at the end of 2018Q2, valued at $10.43M, up from 2,435 at the end of the previous reported quarter. Pnc Financial Services Group Inc who had been investing in Wd for a number of months, seems to be bullish on the $2.29 billion market cap company. The stock increased 0.43% or $0.7 during the last trading session, reaching $165.35. About 31,264 shares traded. WD-40 Company (NASDAQ:WDFC) has risen 33.54% since August 13, 2017 and is uptrending. It has outperformed by 20.97% the S&P500.

Pnc Financial Services Group Inc, which manages about $101.32B US Long portfolio, decreased its stake in General Dynamics Corp (NYSE:GD) by 75,048 shares to 801,389 shares, valued at $149.39M in 2018Q2, according to the filing. It also reduced its holding in Smucker J M Co (NYSE:SJM) by 699,191 shares in the quarter, leaving it with 263,856 shares, and cut its stake in General Electric Co (NYSE:GE).

WD-40 Company (NASDAQ:WDFC) Ratings Coverage

Among 3 analysts covering WD-40 (NASDAQ:WDFC), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. WD-40 had 3 analyst reports since April 6, 2018 according to SRatingsIntel. The stock of WD-40 Company (NASDAQ:WDFC) earned “Hold” rating by Jefferies on Friday, April 6. The firm has “Neutral” rating given on Friday, April 6 by B. Riley & Co. On Wednesday, July 11 the stock rating was maintained by FBR Capital with “Neutral”.

WD-40 Company develops and sells maintenance products, and homecare and cleaning products. The company has market cap of $2.29 billion. It offers multi-purpose maintenance products, including aerosol sprays, non-aerosol trigger sprays, and in liquid form under the WD-40 Multi-Use brand for various consumer uses; and specialty maintenance products that comprise penetrants, degreasers, corrosion inhibitors, lubricants, and rust removers under the WD-40 Specialist brand name. It has a 40.22 P/E ratio. The firm also provides products under the WD-40 Bike product brand consisting of wet and dry chain lubricants, heavy-duty degreasers, and foaming wash products for avid and recreational cyclists, bike enthusiasts, and mechanics; multi-purpose and specialty drip oils, and spray lubricant products, as well as other specialty maintenance products under the 3-IN-ONE brand; and professional spray maintenance products and lubricants for the bike market under the GT85 brand.

More recent WD-40 Company (NASDAQ:WDFC) news were published by: Fool.com which released: “WD-40 Company Continues to Grow, but Perhaps Not Fast Enough” on July 18, 2018. Also Seekingalpha.com published the news titled: “We’re With WD-40” on July 18, 2018. Nasdaq.com‘s news article titled: “Is WD-40 Company a Buy?” with publication date: August 11, 2018 was also an interesting one.

WD-40 Company (NASDAQ:WDFC) Institutional Positions Chart

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