Arlington Value Capital Holding in Msc Industrial Direct Co (MSM) Decreased by $5.95 Million as Valuation Declined; Mount Kellett Capital Management LP Cut Its Cf Inds Hldgs (CF) Stake by $3.10 Million

February 23, 2018 - By Louis Casey

Mark Mcgoldrick decreased its stake in Cf Inds Hldgs Inc (CF) by 10.71% based on its latest 2017Q3 regulatory filing with the SEC. Mount Kellett Capital Management Lp sold 88,700 shares as the company’s stock declined 16.27% while stock markets rallied. The hedge fund run by Mark Mcgoldrick held 739,205 shares of the basic industries company at the end of 2017Q3, valued at $25.99 million, down from 827,905 at the end of the previous reported quarter. Mount Kellett Capital Management Lp who had been investing in Cf Inds Hldgs Inc for a number of months, seems to be less bullish one the $10.02B market cap company. The stock increased 0.80% or $0.34 during the last trading session, reaching $42.97. About 2.98 million shares traded. CF Industries Holdings, Inc. (NYSE:CF) has declined 0.63% since February 23, 2017 and is downtrending. It has underperformed by 17.33% the S&P500.

Arlington Value Capital Llc decreased its stake in Msc Industrial Direct Co (MSM) by 17.27% based on its latest 2017Q3 regulatory filing with the SEC. Arlington Value Capital Llc sold 79,349 shares as the company’s stock declined 18.18% while stock markets rallied. The hedge fund held 380,031 shares of the capital goods company at the end of 2017Q3, valued at $28.72M, down from 459,380 at the end of the previous reported quarter. Arlington Value Capital Llc who had been investing in Msc Industrial Direct Co for a number of months, seems to be less bullish one the $4.96 billion market cap company. The stock decreased 0.87% or $0.77 during the last trading session, reaching $87.76. About 543,382 shares traded. MSC Industrial Direct Co., Inc. (NYSE:MSM) has risen 18.92% since February 23, 2017 and is uptrending. It has outperformed by 2.22% the S&P500.

Since November 10, 2017, it had 0 insider purchases, and 16 insider sales for $81.41 million activity. Jones Douglas E sold $283,480 worth of stock. 64,040 shares were sold by JACOBSON MITCHELL, worth $6.14 million on Thursday, January 11. 2,500 shares were sold by Jilla Rustom, worth $247,500 on Thursday, January 25. The insider KELLY DENIS F sold $96,759. PELLER PHILIP sold 1,000 shares worth $98,250. GERSHWIND ERIK sold $9.80 million worth of stock or 104,252 shares.

Investors sentiment decreased to 1.31 in Q3 2017. Its down 0.02, from 1.33 in 2017Q2. It dived, as 39 investors sold MSM shares while 75 reduced holdings. 49 funds opened positions while 100 raised stakes. 41.32 million shares or 3.65% less from 42.88 million shares in 2017Q2 were reported. Panagora Asset holds 0% in MSC Industrial Direct Co., Inc. (NYSE:MSM) or 2,536 shares. Willis Counsel holds 0.35% or 63,315 shares. Profund Advsrs Ltd Liability Co reported 5,357 shares or 0.02% of all its holdings. Tiverton Asset Mngmt Limited Liability reported 63,300 shares stake. The New Jersey-based Prudential Financial has invested 0.03% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Sg Americas Securities Ltd Liability Com reported 0% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Envestnet Asset Mgmt owns 0% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM) for 6,221 shares. Wells Fargo & Mn owns 147,878 shares or 0% of their US portfolio. Apg Asset Nv accumulated 57,900 shares. Haverford Trust invested in 0% or 2,817 shares. Rhumbline Advisers invested in 126,620 shares. Jefferies Grp Inc Lc reported 0% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM). Robeco Institutional Asset Mngmt Bv accumulated 7,149 shares. Stephens Inv Mngmt Grp Incorporated Limited has 339,147 shares for 0.59% of their portfolio. Comerica Savings Bank accumulated 35,380 shares.

Among 18 analysts covering MSC Industrial Direct Co. (NYSE:MSM), 6 have Buy rating, 1 Sell and 11 Hold. Therefore 33% are positive. MSC Industrial Direct Co. has $114.0 highest and $55 lowest target. $91.75’s average target is 4.55% above currents $87.76 stock price. MSC Industrial Direct Co. had 60 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, January 3 by Susquehanna. The firm earned “Neutral” rating on Friday, August 26 by Macquarie Research. Susquehanna maintained the stock with “Hold” rating in Thursday, January 11 report. The company was downgraded on Friday, August 4 by JP Morgan. The firm has “Market Perform” rating by BMO Capital Markets given on Tuesday, April 5. Robert W. Baird maintained MSC Industrial Direct Co., Inc. (NYSE:MSM) on Tuesday, October 31 with “Hold” rating. The rating was downgraded by Raymond James to “Outperform” on Thursday, January 4. The rating was maintained by Stifel Nicolaus on Thursday, January 12 with “Hold”. The company was initiated on Tuesday, July 21 by KeyBanc Capital Markets. The firm earned “Hold” rating on Friday, September 15 by KeyBanc Capital Markets.

Analysts await MSC Industrial Direct Co., Inc. (NYSE:MSM) to report earnings on April, 5. They expect $1.30 earnings per share, up 39.78% or $0.37 from last year’s $0.93 per share. MSM’s profit will be $73.40M for 16.88 P/E if the $1.30 EPS becomes a reality. After $1.05 actual earnings per share reported by MSC Industrial Direct Co., Inc. for the previous quarter, Wall Street now forecasts 23.81% EPS growth.

Arlington Value Capital Llc, which manages about $404.14 million and $999.51 million US Long portfolio, upped its stake in Rent (NASDAQ:RCII) by 347,805 shares to 3.07 million shares, valued at $35.25 million in 2017Q3, according to the filing. It also increased its holding in Monro Muffler Brake Inc (NASDAQ:MNRO) by 544,291 shares in the quarter, for a total of 1.56 million shares, and has risen its stake in Tripadvisor Inc (NASDAQ:TRIP).

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.10, from 0.98 in 2017Q2. It turned negative, as 40 investors sold CF shares while 147 reduced holdings. 62 funds opened positions while 102 raised stakes. 250.53 million shares or 1.86% less from 255.28 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale stated it has 107,183 shares or 0.03% of all its holdings. Aperio Grp Ltd Llc has invested 0.02% of its portfolio in CF Industries Holdings, Inc. (NYSE:CF). Spirit Of America holds 6,000 shares. Moreover, Patten Group Inc Incorporated has 0.01% invested in CF Industries Holdings, Inc. (NYSE:CF) for 14,292 shares. Nomura Asset Management has invested 0.01% in CF Industries Holdings, Inc. (NYSE:CF). 53,292 are owned by Jefferies Grp Ltd Liability Com. Alliancebernstein Lp holds 0.1% or 3.62M shares. Caisse De Depot Et Placement Du Quebec invested in 48,372 shares. Creative Planning owns 9,868 shares or 0% of their US portfolio. Jpmorgan Chase accumulated 167,930 shares or 0% of the stock. Commonwealth Of Pennsylvania School Empls Retrmt System reported 52,783 shares. Farmers And Merchants Invs Inc has invested 0% in CF Industries Holdings, Inc. (NYSE:CF). Ny State Common Retirement Fund invested in 494,300 shares. State Treasurer State Of Michigan holds 70,825 shares. Commonwealth Equity Services Inc holds 0% or 20,577 shares.

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