Putnam Investments LLC Decreases Stake in CDW Co. by 47.9% in Q4

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Putnam Investments LLC has recently decreased its stake in CDW CORPORATION ($NASDAQ:CDW) by 47.9%, according to its most recent filing with the Securities and Exchange Commission (SEC). The decline in Putnam’s stake could be seen as a sign of further instability in the company’s stock. In any case, investors are advised to keep a close eye on the company’s performance moving forward.

Analysis

This score reflects the company’s ability to sustain future operations in times of crisis and its strong cashflows and debt. Additionally, CDW CORPORATION is strong in asset, dividend, growth, and profitability, making it a ‘gorilla’ type of company. A company of this type has achieved stable and high revenue or earning growth due to its strong competitive advantage. Given its strength and stability, CDW CORPORATION is an ideal investment for investors seeking long-term returns. Investors who are looking for slow but steady growth from their investments would benefit from investing in CDW CORPORATION. Additionally, those who prioritize dividend payments and asset management may also find CDW CORPORATION to be a good fit. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Cdw Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Cdw Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cdw Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Cdw Corporation are shown below. More…

Peers

In the market for human resources management software, CDW Corp competes with Paycor HCM Inc, Softcat PLC, and Business Warrior Corp. All four companies offer software that helps businesses manage employee data, payroll, and benefits.

– Paycor HCM Inc ($NASDAQ:PYCR)

Paycor HCM Inc is a provider of human capital management solutions for small and medium-sized businesses. The company offers a cloud-based platform that enables businesses to manage their human resources, payroll, and benefits. Paycor HCM Inc has a market cap of 5.04B as of 2022 and a return on equity of -6.69%. The company’s human capital management solutions enable businesses to manage their human resources, payroll, and benefits more effectively and efficiently.

– Softcat PLC ($LSE:SCT)

Softcat PLC is a British provider of IT infrastructure and software products. The company is headquartered in Marlow, Buckinghamshire, and has over 4,000 employees. Softcat PLC is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company was founded in 1993 by Peter Kelly and Martin Hellawell, and it has been profitable every year since 2001.

Softcat PLC’s market cap is 2.23B as of 2022. The company’s ROE is 59.71%. Softcat PLC is a provider of IT infrastructure and software products. The company was founded in 1993 and it has been profitable every year since 2001.

– Business Warrior Corp ($OTCPK:BZWR)

Warrior Corp is a publicly traded company with a market capitalization of 3.69 million as of 2022. The company has a return on equity of -25.43%. Warrior Corp is engaged in the business of providing military training and support services to the United States government and its allies.

Summary

Investors in CDW Corporation have been assessing the company’s performance as of late. Putnam Investments LLC, a major shareholder, recently decreased its stake in CDW by 47.9% during the 4th quarter. This shows that while CDW has potential, investors may be wary of the company’s future prospects. Analysts have been closely monitoring financial data, including revenue, earnings, and market share to determine whether or not CDW is a safe investment.

In addition, the company’s digital presence has been evaluated to assess how it can remain competitive in the ever-evolving tech industry. Many investors are waiting to see how CDW performs in the coming months.