As Nutri Sys New (Call) (NTRI) Share Price Rose, Citadel Advisors Lowered Position; Provident Investment Management Has Boosted Its Position in Fastenal Co (FAST) by $1.71 Million as Valuation Declined

February 15, 2018 - By Winifred Garcia

Provident Investment Management Inc increased its stake in Fastenal Co (FAST) by 6.63% based on its latest 2017Q3 regulatory filing with the SEC. Provident Investment Management Inc bought 38,056 shares as the company’s stock declined 14.06% while stock markets rallied. The institutional investor held 611,783 shares of the building materials company at the end of 2017Q3, valued at $27.89 million, up from 573,727 at the end of the previous reported quarter. Provident Investment Management Inc who had been investing in Fastenal Co for a number of months, seems to be bullish on the $15.92B market cap company. The stock increased 1.28% or $0.7 during the last trading session, reaching $55.35. About 1.15M shares traded. Fastenal Company (NASDAQ:FAST) has declined 2.09% since February 15, 2017 and is downtrending. It has underperformed by 18.79% the S&P500.

Ken Griffin decreased its stake in Nutri Sys Inc New (Call) (NTRI) by 23.38% based on its latest 2017Q3 regulatory filing with the SEC. Citadel Advisors Llc sold 6,500 shares as the company’s stock rose 38.13% with the market. The hedge fund run by Ken Griffin held 21,300 shares of the catalog and specialty distribution company at the end of 2017Q3, valued at $1.19 million, down from 27,800 at the end of the previous reported quarter. Citadel Advisors Llc who had been investing in Nutri Sys Inc New (Call) for a number of months, seems to be less bullish one the $1.26B market cap company. It closed at $42.15 lastly. It is down 92.84% since February 15, 2017 and is uptrending. It has outperformed by 76.14% the S&P500.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.01, from 1.29 in 2017Q2. It increased, as 50 investors sold FAST shares while 161 reduced holdings. 62 funds opened positions while 213 raised stakes. 234.48 million shares or 1.45% more from 231.14 million shares in 2017Q2 were reported. Huntington Comml Bank accumulated 7,515 shares. Asset Management One Limited reported 454,443 shares. California-based Schwab Charles Inv has invested 0.06% in Fastenal Company (NASDAQ:FAST). National Bank Of Hawaii owns 24,434 shares. Tru Com Of Vermont has 0.01% invested in Fastenal Company (NASDAQ:FAST). Whittier Of Nevada has invested 0.01% in Fastenal Company (NASDAQ:FAST). Petrus Trust Communications Lta, Texas-based fund reported 4,991 shares. River Road Asset Management Ltd Company holds 1.58% or 1.77 million shares. Gulf Intll Savings Bank (Uk) has 92,186 shares. 1,779 are held by Jnba Fincl. American Research Management has invested 0.08% in Fastenal Company (NASDAQ:FAST). Utah Retirement reported 53,040 shares. Prudential has 573,130 shares. State Treasurer State Of Michigan has invested 0.03% of its portfolio in Fastenal Company (NASDAQ:FAST). State Common Retirement Fund stated it has 0.06% in Fastenal Company (NASDAQ:FAST).

Since August 15, 2017, it had 0 insider purchases, and 3 sales for $2.10 million activity. 8,000 shares were sold by DOLAN MICHAEL JOHN, worth $344,080. Miller Charles S. sold 26,250 shares worth $1.48M. Shares for $140,793 were sold by Polipnick Gary A..

Among 17 analysts covering Fastenal (NASDAQ:FAST), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. Fastenal had 63 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Monday, January 8 by Stifel Nicolaus. The stock of Fastenal Company (NASDAQ:FAST) has “Buy” rating given on Tuesday, March 8 by Argus Research. As per Monday, August 21, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating given on Friday, June 2 by Longbow. The stock has “Hold” rating by William Blair on Friday, September 4. Credit Suisse upgraded the stock to “Outperform” rating in Wednesday, April 19 report. The firm has “Buy” rating by Robert W. Baird given on Wednesday, December 6. The firm has “Neutral” rating given on Thursday, August 27 by Susquehanna. The rating was maintained by Avondale with “Market Perform” on Thursday, April 7. The stock of Fastenal Company (NASDAQ:FAST) earned “Hold” rating by Stifel Nicolaus on Friday, April 1.

Provident Investment Management Inc, which manages about $417.42M and $590.08M US Long portfolio, decreased its stake in Roper Technologies Inc (NYSE:ROP) by 4,022 shares to 126,692 shares, valued at $30.84 million in 2017Q3, according to the filing. It also reduced its holding in Visa Inc (NYSE:V) by 12,115 shares in the quarter, leaving it with 402,848 shares, and cut its stake in Wabtec Corp (NYSE:WAB).

Among 10 analysts covering Nutrisystem (NASDAQ:NTRI), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Nutrisystem had 21 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by B. Riley & Co given on Thursday, October 29. The stock of Nutrisystem, Inc. (NASDAQ:NTRI) earned “Buy” rating by Craig Hallum on Thursday, July 27. Citigroup maintained the stock with “Neutral” rating in Tuesday, September 13 report. The rating was maintained by Lake Street with “Buy” on Tuesday, February 28. The rating was maintained by Craig Hallum with “Buy” on Tuesday, July 18. The firm earned “Buy” rating on Friday, November 11 by Argus Research. Barrington Research maintained the shares of NTRI in report on Monday, October 31 with “Outperform” rating. The rating was upgraded by Barrington Research to “Outperform” on Monday, November 2. Wunderlich maintained Nutrisystem, Inc. (NASDAQ:NTRI) on Wednesday, October 19 with “Buy” rating. The rating was maintained by B. Riley & Co with “Buy” on Thursday, October 26.

Citadel Advisors Llc, which manages about $130.27 billion US Long portfolio, upped its stake in Xperi Corp by 192,992 shares to 554,326 shares, valued at $14.03 million in 2017Q3, according to the filing. It also increased its holding in United Microelectronics Corp (NYSE:UMC) by 243,964 shares in the quarter, for a total of 259,288 shares, and has risen its stake in World Fuel Svcs Corp (NYSE:INT).

Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.24, from 1.52 in 2017Q2. It turned negative, as 24 investors sold NTRI shares while 75 reduced holdings. 46 funds opened positions while 81 raised stakes. 31.75 million shares or 0.50% less from 31.91 million shares in 2017Q2 were reported. 16,998 were accumulated by Zacks Investment Mngmt. Banced Corporation holds 0.74% of its portfolio in Nutrisystem, Inc. (NASDAQ:NTRI) for 7,599 shares. Deutsche Natl Bank Ag invested in 0.01% or 368,758 shares. State Teachers Retirement Systems reported 0.01% stake. Orca Management accumulated 21,016 shares or 1.04% of the stock. Aperio Grp Inc Ltd Llc, California-based fund reported 10,147 shares. Gotham Asset Limited reported 272,674 shares or 0.22% of all its holdings. Arrowstreet Capital Lp invested 0.1% in Nutrisystem, Inc. (NASDAQ:NTRI). Metropolitan Life Ins Ny has 20,524 shares for 0.01% of their portfolio. Goldman Sachs reported 0.01% in Nutrisystem, Inc. (NASDAQ:NTRI). Los Angeles Cap Management & Equity Inc holds 0% or 5,030 shares. 32,324 were reported by Credit Suisse Ag. 2.01 million were reported by Eagle Asset Management. Ashford Cap Incorporated owns 5,000 shares or 0.05% of their US portfolio. Bancshares Of America De holds 0% or 373,420 shares in its portfolio.

Since September 1, 2017, it had 0 insider purchases, and 10 sales for $6.72 million activity. Shares for $549,352 were sold by ZIER DAWN M. on Thursday, December 14. Shares for $254,823 were sold by Krausz Keira on Thursday, January 11. Herratti Jay had sold 3,799 shares worth $227,940. 7,000 shares were sold by BERNSTOCK ROBERT F, worth $372,849.

Analysts await Nutrisystem, Inc. (NASDAQ:NTRI) to report earnings on February, 26. They expect $0.40 earnings per share, up 37.93% or $0.11 from last year’s $0.29 per share. NTRI’s profit will be $11.92M for 26.34 P/E if the $0.40 EPS becomes a reality. After $0.49 actual earnings per share reported by Nutrisystem, Inc. for the previous quarter, Wall Street now forecasts -18.37% negative EPS growth.

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