*Fastenal Co Com (FAST) Stake Held by Wedgewood Partners Inc

November 10, 2018 - By Rhonda Roth

Fastenal Company (NASDAQ:FAST) Corporate LogoDuring Q2 2018 the big money sentiment increased to 1.04. That’s change of 0.21, from 2018Q1’s 0.83. 47 investors sold all, 198 reduced holdings as FAST ratio is positive. 196 grew stakes while 60 funds amassed stakes. Funds hold 237.15 million shares thus 0.08% more from 2018Q1’s 236.95 million shares. Hartford Investment Co has 0.05% invested in Fastenal Company (NASDAQ:FAST) for 33,560 shs. Duncker Streett & invested in 0.22% or 18,108 shs. Lenox Wealth Mgmt holds 0.01% of its capital in Fastenal Company (NASDAQ:FAST) for 864 shs. Barbara Oil Co, Illinois-based fund reported 17,000 shs. Roundview Ltd Limited Liability Company invested in 38,320 shs. Welch And Forbes Lc stated it has 0.03% of its capital in Fastenal Company (NASDAQ:FAST). Da Davidson & owns 136,824 shs for 0.13% of their capital. City Holdg Com has invested 0% in Fastenal Company (NASDAQ:FAST). Earnest Prtn Limited Co owns 137 shs. Voya Invest Limited Liability Co has invested 0.02% of its capital in Fastenal Company (NASDAQ:FAST). Connor Clark Lunn Invest Mgmt Ltd holds 130,200 shs or 0.04% of its capital. Lombard Odier Asset Management (Switzerland) Sa stated it has 38,124 shs. Mirae Asset Global Communications Limited invested in 0.01% or 21,336 shs. Mariner Ltd Com holds 32,195 shs or 0.04% of its capital. Ameritas Inv Prtn reported 0.02% in Fastenal Company (NASDAQ:FAST).

FAST had 1 insider sale and 1 buy since May 15, 2018. This’s net activity of $1.46 million. On Wednesday, June 6 $103,700 worth of stock was bought by Owen Terry Modock.

In 2018Q2 Securities and Exchange form is reported Wedgewood Partners Inc’s holdings in Fastenal Co Com (FAST) which was decreased by 35.41%. 856,679 shares were sold by Wedgewood Partners Inc as the company’s stock rose 10.83% with the market. The building materials company at the end of 2018Q2 was valued at $75.22M. It’s down from 2.42M at the end of the previous reported quarter. Now it had 1.56M shares held by the institutional investor . $15.72B is the market cap of Fastenal Co Com. FAST is touching $54.76 during the last trading session, after decreased 0.67%.Fastenal Company is uptrending after having risen 34.93% since November 10, 2017. FAST has 4.10 million volume or 46.85% up from normal. FAST outperformed by 19.31% the S&P 500.

For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

On January, 16 Fastenal Company (NASDAQ:FAST)’s earnings release is expected by WallStreet, according to Zacks. Last year’s earnings per share was $0.45, while now analysts expect change of 33.33 % up from current $0.60 earnings per share. This could hit $172.23 million profit for FAST assuming the current $0.60 earnings per share will become reality. Last quarter $0.69 earnings per share was reported. Analysts predicts -13.04 % negative EPS growth this quarter.

Fastenal Company (NASDAQ:FAST) Ratings Coverage

Total analysts of 4 have positions in Fastenal (NASDAQ:FAST) as follows: 0 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 0. Since July 3, 2018 according to StockzIntelligence Inc Fastenal has 5 analyst reports. On Friday, July 13 the company was maintained by Stifel Nicolaus. On Thursday, October 11 the rating was maintained by Wells Fargo with “Market Perform”. On Tuesday, July 3 the firm earned “Neutral” rating by Robert W. Baird. On Thursday, July 12 the stock of Fastenal Company (NASDAQ:FAST) earned “Market Perform” rating by Wells Fargo.

Fastenal Company (NASDAQ:FAST) Institutional Investors Chart

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