Fastenal (FAST) Trading Down 5.8%

Therefore 53% are positive. Fastenal has a 12-month low of $39.79 and a 12-month high of $56.15.

Fastenal Company (FAST) stock is now trading 12.66% away from its average-price of 200 days while it maintained a distance of 0.50% from its 50 Days Moving Average and -4.29% compared with the 20 Day Moving Average. Fastenal had 57 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Thursday, July 13 by Raymond James. The firm has "Outperform" rating by Leerink Swann given on Tuesday, January 17. The original version of this article can be read at https://weekherald.com/2018/01/17/fastenal-fast-receives-outperform-rating-from-credit-suisse-group.html. The rating was maintained by Susquehanna on Thursday, August 27 with "Neutral". The rating was maintained by Stifel Nicolaus on Monday, August 21 with "Hold".

1/17/2018-Robert W. Baird Reiterated Rating of Buy. As per Friday, June 17, the company rating was reinitiated by Credit Suisse. Stephens initiated coverage on Fastenal Company in a research note on Friday, June 2nd. Zacks Investment Research upgraded shares of Fastenal from a "hold" rating to a "buy" rating and set a $61.00 target price on the stock in a report on Tuesday, December 26th. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation. Therefore 55% are positive. The firm earned "Equal Weight" rating on Tuesday, August 11 by Barclays Capital. The firm has "Overweight" rating given on Thursday, January 5 by KeyBanc Capital Markets. Panmure Gordon maintained the shares of CLI in report on Wednesday, January 11 with "Buy" rating. Stifel Nicolaus restated a "hold" rating and set a $51.00 price objective on shares of Fastenal in a research report on Monday, December 11th. Keefe Bruyette & Woods has "Hold" rating and $133.0 target.

On 7/11/2017 Fastenal announced a quarterly dividend of $0.32 3% with an ex dividend date of 7/24/2017 which will be payable on 8/23/2017. About 1.11 million shares traded. It has underperformed by 18.79% the S&P500. The firm operates in two divisions, Investment Property and Other Investments. The price/earnings ratio (P/E) is 27.85 and the forward P/E ratio stands at 24.43. Investors use this ratio to decide what multiple of earnings a share is worth.

Investors sentiment increased to 1.3 in 2017 Q3. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. It improved, as 50 investors sold FAST shares while 161 reduced holdings. 37 funds opened positions while 48 raised stakes.

Companies with higher future earnings are usually expected to issue higher dividends or have appreciating stock in the future. United Serv Automobile Association reported 157,499 shares or 0.02% of all its holdings. Eii Cap Mngmt Inc has 0.26% invested in CLS Holdings plc (LON:CLI). The company reported $0.45 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.45. Indexiq Lc stated it has 0.1% of its portfolio in CLS Holdings plc (LON:CLI).


Since August 2, 2017, it had 0 buys, and 12 insider sales for $7.73 million activity. (NASDAQ:CME). Cullinan invested in 0.54% or 51,630 shares. Fayerweather Charles invested in 0.29% or 4,800 shares. Tompkins Fincl Corp accumulated 1,095 shares or 0.01% of the stock. Old Second Bank Of Aurora reported 300 shares. Clearbridge Invests Ltd Company accumulated 0% or 222 shares. 11,025 were reported by Schroder Invest Mgmt Group Incorporated.

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.08, from 0.84 in 2017Q2. Commonwealth Bank of Australia boosted its position in shares of Fastenal by 44.9% during the second quarter. 3 funds opened positions while 2 raised stakes. The total dollar value of all 286.82 million outstanding shares is 14.97 billion. For investors, it allows a very quick snapshot of the company's finances without getting bogged down in the details of an accounting report.

Fastenal (NASDAQ:FAST) pays an annual dividend of $1.28 with a yield of 2.45% and an average dividend growth of 8.60% based on a 3 Year Average. Fastenal Company (FAST) recently closed with fall of -4.29% to its 20-Day Simple Moving Average. Guardian Life Insur Of America holds 662 shares or 0% of its portfolio. Guggenheim Cap Limited Co holds 0.04% of its portfolio in Lear Corporation (NYSE:LEA) for 104,082 shares. Alkeon Capital Management Limited Liability holds 721,324 shares. Tiverton Asset Limited Company has invested 0.94% in Fastenal Company (NASDAQ:FAST). 13,203 are held by Commerzbank Aktiengesellschaft Fi. The Alabama-based Associated Banc has invested 0.05% in Rand Capital Corporation (NASDAQ:RAND). According to today's trading volume Fastenal Company is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. About 2.14 million shares traded or 0.37% up from the average. Fastenal Company (NASDAQ:FAST) has declined 2.09% since January 16, 2017 and is downtrending. It has underperformed by 42.93% the S&P500.

Fastenal Company is engaged in wholesale distribution of industrial and construction supplies. Mcdonald Capital Investors Inc who had been investing in Fastenal Co for a number of months, seems to be bullish on the $15.01 billion market cap company. It offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. The Company is engaged in fastener distribution, and non-fastener maintenance and supply business.

Since August 15, 2017, it had 0 insider buys, and 3 sales for $956,223 activity. Also, CFO Holden Lewis acquired 1,000 shares of the company's stock in a transaction on Thursday, May 25th.

Related Articles

  • Cognizant Technology Solutions (NASDAQ:CTSH) Downgraded by BidaskClub to Sell

    KRISHNASWAMY VENKAT also sold $578,169 worth of Cognizant Technology Solutions Corporation (NASDAQ: CTSH ) on Friday, August 11. In other news, insider Sumithra Gomatam sold 3,163 shares of the company's stock in a transaction on Tuesday, October 31st.
    Sensex hits 35000 mark for first time

    Sensex hits 35000 mark for first time

    The benchmark index rose 325 points to a fresh high of 35,086 while the Nifty surged by 89.95 points to 10,790.30, a day's high. Major Index gainers were ITC , Indiabulls Housing Finance, HDFC Bank, UPL, HDFC, Kotak Bank, M&M, IndusIndBank and TCS.
    Over $200 Billion Wiped Out Off The Value Of Cryptocurrencies

    Over $200 Billion Wiped Out Off The Value Of Cryptocurrencies

    Ethereum was close to 18 percent lower near $865, after falling through the $1,000 level Tuesday , according to CoinMarketCap . The figures for how many times potential newcomers have been Googling how to buy bitcoin on credit cards are truly concerning.
  • Donald Trump's adviser wants Hulk Hogan to run for Senate

    Donald Trump's adviser wants Hulk Hogan to run for Senate

    One thing's clear: The former WWE champ says if he throws his hat in the ring, he's going to Washington. "It devastated me. Even though it doesn't seem that there's any plan for Hogan to return soon, there's no telling what the future might hold.
    Jaguars RB Fournette in injured in three-car crash

    Jaguars RB Fournette in injured in three-car crash

    Fournette said that he would need "a whole new car" to replace his pricey luxury coupe. "But at least nobody got hurt". Fournette's auto was struck from behind by another vehicle, which was pushed forward after it had been rear-ended.

    Traders Buy Shares of Amazon.com (AMZN) on Weakness

    Rothschild Capital Partners LLC's holdings in Amazon.com were worth $6,851,000 at the end of the most recent reporting period. The company has a market capitalization of $624,020.00, a PE ratio of 327.02, a PEG ratio of 7.74 and a beta of 1.46.
  • Barrett-Anderson urging Congress to allow commercialized pot

    Barrett-Anderson urging Congress to allow commercialized pot

    Current funding for the federal government - along with the existing medical cannabis rider - is set to expire on January 19. An inconvenient truth also needs acknowledgment by the Nevada marijuana industry and state politicians.
    Trump pledges 'total support' for Pa. House candidate

    Trump pledges 'total support' for Pa. House candidate

    The White House would confirm only that Saccone was to greet the president at the airport and attend Trump's tour of a factory. Democratic candidate Conor Lamb launched his first ad of the special election to replace retired Congressman Tim Murphy.

    Tocqueville Asset Management LP Sells 15685 Shares of Exxon Mobil Co. (XOM)

    It is positive, as 52 investors sold AAPL shares while 1034 reduced holdings. 36 funds opened positions while 131 raised stakes. Van Hulzen Asset Management Llc decreased Facebook (NASDAQ:FB) stake by 22,629 shares to 30,381 valued at $5.19M in 2017Q3.
  • New Final Fantasy VII Remake Details to be Shown at Exhibition

    New Final Fantasy VII Remake Details to be Shown at Exhibition

    A recently released trailer highlighting the features of the " Royal Edition " reveals that it will contain additional bosses. Those who already own the game can download all of it for $19.99.
    Umbrella mistaken for a gun forces hospital to shutdown

    Umbrella mistaken for a gun forces hospital to shutdown

    Patients, employees and visitors were advised to shelter in place while authorities searched for the suspicious person. UPI.com reports that the hospital took to twitter to caution its workers and customers over the recent happenings.
    US Senate Renews Foreign Surveillance Program

    US Senate Renews Foreign Surveillance Program

    Under the bill, which passed 65-34, law enforcement would need to obtain warrants only in narrow circumstances. Had either chamber rejected the measure, FISA authorization would have expired after midnight on Friday.