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NAS:FAST, Aug 24, 11:49 UTC

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Yesterday


News

The Nuts Bolts at Fastenal

FAST

Fastenal Co. (FAST) announced a 2 for 1 split back in April of this year. At that time, I wrote that the company was in a business that would suffer when the economy went into a tailspin and I thought it wouldn’t be able to maintain its impressive upward momentum, notes Neil Macneale, editor of Stock Split Newsletter. I was right that it couldn’t maintain its upward momentum but I was wrong about the cause. As it happened, instead of a recession, the Trump tariffs have been a big drag on FAST and the stock is down 16% since the split was announced on 4/18/19. So, besides the drop in price, has anything else changed? Of course, because of the decline in price, all the numbers such as PE, price-to-book, dividend, earnings, and returns all look a little better now. What hasn’t changed is the fact that this company makes and sells stuff we actually need, i.e.

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  • Financial

Wednesday, August 21


News

Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv Has Lowered Its Fastenal Co (FAST) Holding by $6.40 Million

FAST

Moreover, Consulate Inc has 0.15% invested in Fastenal Company (NASDAQ:FAST) for 4,966 shares. Lvw Llc holds 0.14% in Fastenal Company (NASDAQ:FAST) or 8,387 shares. The New Jersey-based Bessemer Grp has invested 0.01% in Fastenal Company (NASDAQ:FAST). Since July 18, 2019, it had 3 insider buys, and 0 sales for $138,472 activity. The institutional investor held 1.00M shares of the building materials company at the end of 2019Q1, valued at $64.31M, down from 1.10 million at the end of the previous reported quarter.

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  • Financial

Tuesday, August 20


News

Aug 20, 2019 - Bares Capital Management, Inc. Buys Square Inc, Fastenal Co, Zuora Inc, Sells The Middleby Corp

MU QCOM +13 more MU QCOM TTWO FAST HCP SNAP AVGO PYPL BABA JD FOX AMZN FOXA FB EA

Bares Capital Management, Inc. Buys Square Inc, Fastenal Co, Zuora Inc, Sells The Middleby Corp. Austin, TX, based Investment company Bares Capital Management, Inc. (Current Portfolio) buys Square Inc, Fastenal Co, Zuora Inc, Despegar.com Corp, sells The Middleby Corp during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Bares Capital Management, Inc.. As of 2019Q2, Bares Capital Management, Inc. owns 24 stocks with a total value of $3.7 billion. Gartner Inc (IT) - 2,359,185 shares, 10.40% of the total portfolio. CoStar Group Inc (CSGP) - 534,750 shares, 8.12% of the total portfolio. Fastenal Co (FAST) - 8,677,098 shares, 7.75% of the total portfolio.

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Monday, August 19


News

Fastenal (NASDAQ:FAST) Shares Acquired by Cookson Peirce & Co. Inc. – Riverton Roll

FAST

Other hedge funds also recently made changes to their positions in the company. Securian Asset Management Inc now owns 29,785 shares of the company’s stock valued at $1,915,000 after purchasing an additional 150 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its holdings in Fastenal by 0.5% during the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 43,484 shares of the company’s stock worth $2,796,000 after acquiring an additional 227 shares during the last quarter. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. In other news, Director Daniel L. Johnson bought 2,500 shares of the stock in a transaction on Thursday, August 1st.

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Sunday, August 18


News

Cornerstone Advisors Inc. Grows Position in Fastenal (NASDAQ:FAST) – Mayfield Recorder

FAST

Geode Capital Management LLC now owns 4,165,575 shares of the company’s stock worth $217,478,000 after acquiring an additional 225,481 shares during the last quarter. Northern Trust Corp boosted its position in shares of Fastenal by 1.8% during the first quarter. Northern Trust Corp now owns 3,726,840 shares of the company’s stock worth $239,673,000 after acquiring an additional 65,952 shares during the last quarter. The stock has a market capitalization of $16.79 billion, a P/E ratio of 22.71, a P/E/G ratio of 1.33 and a beta of 1.22. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). Finally, Morgan Stanley decreased their price target on shares of Fastenal from $31.50 to $29.00 and set an “equal weight” rating on the stock in a research note on Friday, July 12th.

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Monday, August 12


News

Greenleaf Trust Buys 14,632 Shares of Fastenal (NASDAQ:FAST) – Mayfield Recorder

FAST

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC now owns 5,675 shares of the company’s stock valued at $365,000 after purchasing an additional 1,345 shares in the last quarter. IFM Investors Pty Ltd increased its holdings in Fastenal by 128.0% in the 2nd quarter. IFM Investors Pty Ltd now owns 43,818 shares of the company’s stock valued at $1,428,000 after purchasing an additional 24,602 shares in the last quarter. The company’s stock had a trading volume of 862,035 shares, compared to its average volume of 4,982,209. During the same quarter last year, the business earned $0.37 EPS. As a group, equities analysts predict that Fastenal will post 1.38 EPS for the current fiscal year.

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News

Fastenal Co (FAST) Shareholder Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv Trimmed Stake by $6.40 Million

FAST

Ohio-based Park National Corp Oh has invested 0.02% in Fastenal Company (NASDAQ:FAST). Welch Forbes Ltd Llc owns 0.01% invested in Fastenal Company (NASDAQ:FAST) for 5,830 shares. Since February 14, 2019, it had 3 insider buys, and 1 sale for $486,527 activity. The institutional investor held 1.00 million shares of the building materials company at the end of 2019Q1, valued at $64.31M, down from 1.10M at the end of the previous reported quarter. More interesting news about Fastenal Company (NASDAQ:FAST) were released by: Nasdaq.com and their article: “Boston Beer Gets a Buy Rating: What You Need to Know – Nasdaq” published on August 07, 2019 as well as Finance.Yahoo.com‘s news article titled: “Why Fastenal Company’s (NASDAQ:FAST) High P/E Ratio Isn’t Necessarily A Bad Thing – Yahoo Finance” with publication date: July 15, 2019.

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Friday, August 09


News

Recent alteration:: Fastenal Company, (NASDAQ: FAST) – Nyse News Guru

FAST

Each buying and selling session display one-of-a-kind actions and patterns about Fastenal Company FAST), Industrial Equipment Wholesale stock. Services based FAST Stock closed its business at $29.74, by making a variation of 1.64% and showed a Gain in stock price. The volume of the Fastenal Company exchanged hands with 6094165 shares compared to its average daily volume of 4.64M shares. Volume is an important indicator in technical analysis as it is used to measure the relative worth of a market move. If the markets make a firm price movement, then the strength of that movement depends on the volume for that period.

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Thursday, August 08


News

Fastenal Co (FAST) Stock Declined While Df Dent & Co INC Has Lowered by $12.32 Million Its Stake

FAST

Livingston Grp Inc Asset Mngmt Com (Operating As Southport Cap Management) holds 0.26% or 9,207 shares in its portfolio. Moody State Bank Trust Division has invested 0% of its portfolio in Fastenal Company (NASDAQ:FAST). Since February 12, 2019, it had 3 insider buys, and 2 sales for $2.97 million activity. The institutional investor held 2.22 million shares of the building materials company at the end of 2019Q1, valued at $142.46M, down from 2.41 million at the end of the previous reported quarter. More notable recent Fastenal Company (NASDAQ:FAST) news were published by: Nasdaq.com which released: “Aviva first-half operating profit up 1%, reviews Asia business – Nasdaq” on August 08, 2019, also Nasdaq.com with their article: “FAANG Earnings Season Winners – Nasdaq” published on August 02, 2019, Finance.Yahoo.com published: “Do Fastenal’s (NASDAQ:FAST) Earnings Warrant Your Attention?

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Monday, August 05


News

Aug 05, 2019 - Nichols & Pratt Advisers Llp Buys Fastenal Co, Alcon Inc, The Walt Disney Co, Sells General Electric Co, Diageo PLC, Philip Morris International Inc

FAST PM +2 more FAST PM DGE CB

Nichols & Pratt Advisers Llp Buys Fastenal Co, Alcon Inc, The Walt Disney Co, Sells General Electric Co, Diageo PLC, Philip Morris International Inc. Investment company Nichols & Pratt Advisers Llp (Current Portfolio) buys Fastenal Co, Alcon Inc, The Walt Disney Co, Chubb, The Estee Lauder Inc, sells General Electric Co, Diageo PLC, Philip Morris International Inc, Dow Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Nichols & Pratt Advisers Llp . As of 2019Q2, Nichols & Pratt Advisers Llp owns 105 stocks with a total value of $1.2 billion. Johnson & Johnson (JNJ) - 662,418 shares, 7.59% of the total portfolio. Automatic Data Processing Inc (ADP) - 440,846 shares, 6.00% of the total portfolio. Procter & Gamble Co (PG) - 549,641 shares, 4.96% of the total portfolio.

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  • Financial