Bahl & Gaynor Has Lowered Position in Fastenal Co (FAST) as Share Value Rose; As Ebay (EBAY) Stock Price Rose, Holder Peddock Capital Advisors Has Cut Stake

eBay Inc. (NASDAQ:EBAY) Logo

Peddock Capital Advisors Llc decreased its stake in Ebay Inc (EBAY) by 61.65% based on its latest 2018Q4 regulatory filing with the SEC. Peddock Capital Advisors Llc sold 12,853 shares as the company’s stock rose 25.17% with the market. The institutional investor held 7,994 shares of the business services company at the end of 2018Q4, valued at $224,000, down from 20,847 at the end of the previous reported quarter. Peddock Capital Advisors Llc who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $32.16B market cap company. The stock increased 0.29% or $0.1 during the last trading session, reaching $36.9. About 3.47 million shares traded. eBay Inc. (NASDAQ:EBAY) has declined 11.88% since May 15, 2018 and is downtrending. It has underperformed by 16.25% the S&P500. Some Historical EBAY News: 01/05/2018 – Pitney Bowes and eBay Renew Partnership to Help Millions of eBay Sellers Reach Buyers Internationally; 20/04/2018 – eBay Inc. vs Global Equity Management (SA) Pty. Ltd. | FWD Entered | 04/19/2018; 25/04/2018 – PayPal Forecasts Strong Growth, Easing Concerns Over Losing EBay; 03/05/2018 – Gizmodo: Using parts sourced from eBay, a pair of aspiring Tony Starks built this enormous DIY Hulkbuster armor…; 25/04/2018 – EBay: Total of 171M Global Active Buyers; 09/05/2018 – EBAY TO SELL HOLDINGS IN FLIPKART; 10/05/2018 – EBay is changing its India strategy by selling its holdings in Flipkart; 09/05/2018 – EBay will relaunch its India business after selling its Flipkart stake to Walmart; 09/05/2018 – EBAY PLANS TO RELAUNCH EBAY INDIA WITH A DIFFERENTIATED OFFER; 10/05/2018 – eBay to relaunch India operations after earning $1.1 billion from Flipkart stake

Bahl & Gaynor Inc decreased its stake in Fastenal Co (FAST) by 19.6% based on its latest 2018Q4 regulatory filing with the SEC. Bahl & Gaynor Inc sold 72,131 shares as the company’s stock rose 6.06% with the market. The institutional investor held 295,879 shares of the building materials company at the end of 2018Q4, valued at $15.47M, down from 368,010 at the end of the previous reported quarter. Bahl & Gaynor Inc who had been investing in Fastenal Co for a number of months, seems to be less bullish one the $18.46B market cap company. The stock increased 0.49% or $0.31 during the last trading session, reaching $64.47. About 509,702 shares traded. Fastenal Company (NASDAQ:FAST) has risen 16.47% since May 15, 2018 and is uptrending. It has outperformed by 12.10% the S&P500. Some Historical FAST News: 01/05/2018 – Fastenal Company Recommends Rejection of Below-Market-Price Mini-Tender Offer by TRC Capital Corporation; 10/04/2018 – Fastenal Presenting at Macquarie Group Conference May 10; 11/04/2018 – ADVISORY-Alert on Fastenal Co wrongly tagged to Namaste Technologies; 11/04/2018 – Fastenal 1Q EPS 61c; 01/05/2018 – FASTENAL CO. RECOMMENDS REJECTION OF BELOW-MARKET-PRICE; 11/04/2018 – Fastenal Sees 2018 Net Capital Expenditures About $149M; 06/03/2018 – FASTENAL FEB. NET SALES UP 14.8%; 06/03/2018 FASTENAL FEB. DAILY SALES UP 14.8%; 11/04/2018 – Fastenal Company to Host Investor Presentation; 23/03/2018 – Fastenal Closes Below 50-Day Moving Average: Technicals

Since November 20, 2018, it had 1 insider buy, and 5 sales for $2.49 million activity. Lee Jae Hyun also sold $983,558 worth of eBay Inc. (NASDAQ:EBAY) on Wednesday, November 28. SWAN ROBERT HOLMES also bought $501,766 worth of eBay Inc. (NASDAQ:EBAY) shares. On Tuesday, November 20 the insider OMIDYAR PIERRE M sold $1.04M. Park Joo Man had sold 18,283 shares worth $522,528.

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on July, 17. They expect $0.49 earnings per share, up 25.64% or $0.10 from last year’s $0.39 per share. EBAY’s profit will be $427.11 million for 18.83 P/E if the $0.49 EPS becomes a reality. After $0.55 actual earnings per share reported by eBay Inc. for the previous quarter, Wall Street now forecasts -10.91% negative EPS growth.

Investors sentiment decreased to 0.65 in Q4 2018. Its down 0.40, from 1.05 in 2018Q3. It turned negative, as 100 investors sold EBAY shares while 270 reduced holdings. 68 funds opened positions while 171 raised stakes. 740.38 million shares or 4.11% less from 772.11 million shares in 2018Q3 were reported. Prio Wealth Lp invested in 236,736 shares or 0.35% of the stock. Koshinski Asset Mngmt holds 0.07% in eBay Inc. (NASDAQ:EBAY) or 10,090 shares. 8,827 were reported by Rampart Investment Mngmt Communications Llc. Pillar Pacific Capital Lc reported 34,515 shares. 13,307 were reported by Bessemer Gp Incorporated. Lingohr Partner Asset Mngmt Gmbh holds 0.33% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 10,947 shares. Caisse De Depot Et Placement Du Quebec holds 0.01% or 170,060 shares. Commonwealth Retail Bank Of Australia accumulated 157,822 shares. 100 were reported by Hanson Mcclain Inc. Mirae Asset Global Investments Ltd, a Korea-based fund reported 172,588 shares. Philadelphia Tru invested in 0.09% or 29,542 shares. Oppenheimer Asset Management reported 0.08% of its portfolio in eBay Inc. (NASDAQ:EBAY). Smithfield Tru Co invested in 0.02% or 4,774 shares. 1.49M were reported by Apg Asset Mgmt Nv. Nuveen Asset Mngmt Llc accumulated 0.05% or 281,266 shares.

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Benzinga.com which released: “Amazon.com, Inc. (NASDAQ:AMZN), Alibaba (NYSE:BABA) – Alibaba’s Q4 Results On Tap Amid Escalating Trade War – Benzinga” on May 13, 2019, also Nasdaq.com with their article: “eBay Earnings: EBAY Stock Soars on Q1 Sales Beat – Nasdaq” published on April 23, 2019, Fool.com published: “The Complete PayPal Stock History – The Motley Fool” on April 29, 2019. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Nasdaq.com and their article: “U.S. STOCKS ON THE MOVE-Anadarko, iRobot, AT&T, Sirius XM , EBay – Nasdaq” published on April 24, 2019 as well as Nasdaq.com‘s news article titled: “The Zacks Analyst Blog Highlights: Amazon, Alibaba and eBay – Nasdaq” with publication date: May 08, 2019.

Analysts await Fastenal Company (NASDAQ:FAST) to report earnings on July, 10. They expect $0.76 EPS, up 2.70% or $0.02 from last year’s $0.74 per share. FAST’s profit will be $217.61M for 21.21 P/E if the $0.76 EPS becomes a reality. After $0.68 actual EPS reported by Fastenal Company for the previous quarter, Wall Street now forecasts 11.76% EPS growth.

Investors sentiment decreased to 1.03 in 2018 Q4. Its down 0.01, from 1.04 in 2018Q3. It turned negative, as 51 investors sold FAST shares while 189 reduced holdings. 54 funds opened positions while 194 raised stakes. 238.60 million shares or 2.10% more from 233.70 million shares in 2018Q3 were reported. Coe Cap Mngmt Ltd Liability Corporation has invested 1.61% in Fastenal Company (NASDAQ:FAST). Department Mb Financial Bank N A holds 2,855 shares. Financial Counselors has 3,917 shares for 0.01% of their portfolio. Earnest Prtn Ltd Liability Corporation owns 0% invested in Fastenal Company (NASDAQ:FAST) for 137 shares. Haverford Tru holds 0% or 4,000 shares in its portfolio. Df Dent Com reported 2.41M shares. Cornercap Counsel Inc has invested 0.07% of its portfolio in Fastenal Company (NASDAQ:FAST). Jnba Finance Advsrs invested in 4,727 shares. Stephens Inc Ar invested in 0.09% or 57,567 shares. North Star Mngmt has 5,000 shares for 0.03% of their portfolio. Ashmore Wealth Management Limited Liability Company accumulated 958,143 shares. Holt Cap Advsrs Ltd Limited Liability Company Dba Holt Cap Prtn Limited Partnership, Texas-based fund reported 3,861 shares. Tcw Group Inc Inc reported 0.01% in Fastenal Company (NASDAQ:FAST). Envestnet Asset has 347,401 shares. Washington Tru Fincl Bank invested in 0.01% or 1,600 shares.

Bahl & Gaynor Inc, which manages about $7.63 billion and $9.35 billion US Long portfolio, upped its stake in Bank America Corp (NYSE:BAC) by 363,813 shares to 966,011 shares, valued at $23.80M in 2018Q4, according to the filing. It also increased its holding in Simon Property Group Inc (NYSE:SPG) by 292,573 shares in the quarter, for a total of 553,429 shares, and has risen its stake in Pnc Financial Services Group I (NYSE:PNC).

Since December 3, 2018, it had 0 buys, and 5 insider sales for $3.87 million activity. Another trade for 2,500 shares valued at $150,000 was made by DOLAN MICHAEL JOHN on Tuesday, January 29. On Thursday, January 31 the insider LUNDQUIST NICHOLAS J sold $302,550. Another trade for 39,583 shares valued at $2.49 million was made by Hein LeLand J on Tuesday, February 12.

Fastenal Company (NASDAQ:FAST) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.