Fastenal Co (FAST) Stake Increased by Boston Research & Management Inc; As Plains All Amern Pipeline L (PAA) Stock Price Declined, Shareholder Goodwin Daniel L Cut Stake by $844,200

February 15, 2018 - By Nellie Frank

Goodwin Daniel L decreased its stake in Plains All Amern Pipeline L (PAA) by 75.56% based on its latest 2017Q3 regulatory filing with the SEC. Goodwin Daniel L sold 40,200 shares as the company’s stock declined 10.37% while stock markets rallied. The institutional investor held 13,000 shares of the energy company at the end of 2017Q3, valued at $275,000, down from 53,200 at the end of the previous reported quarter. Goodwin Daniel L who had been investing in Plains All Amern Pipeline L for a number of months, seems to be less bullish one the $16.51 billion market cap company. The stock increased 1.65% or $0.37 during the last trading session, reaching $22.76. About 3.98M shares traded or 3.67% up from the average. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since February 15, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

Boston Research & Management Inc increased its stake in Fastenal Co (FAST) by 10.6% based on its latest 2017Q3 regulatory filing with the SEC. Boston Research & Management Inc bought 7,424 shares as the company’s stock declined 14.06% while stock markets rallied. The institutional investor held 77,433 shares of the building materials company at the end of 2017Q3, valued at $3.53M, up from 70,009 at the end of the previous reported quarter. Boston Research & Management Inc who had been investing in Fastenal Co for a number of months, seems to be bullish on the $15.72 billion market cap company. The stock increased 2.02% or $1.08 during the last trading session, reaching $54.65. About 2.55M 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.

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. As per Tuesday, January 9, the company rating was maintained by Credit Suisse. The firm has “Buy” rating given on Wednesday, October 11 by Stephens. The company was maintained on Thursday, January 18 by Susquehanna. On Friday, October 14 the stock rating was downgraded by Argus Research to “Hold”. BMO Capital Markets initiated Fastenal Company (NASDAQ:FAST) on Tuesday, April 5 with “Market Perform” rating. The stock of Fastenal Company (NASDAQ:FAST) has “Hold” rating given on Tuesday, July 11 by BMO Capital Markets. Stephens maintained Fastenal Company (NASDAQ:FAST) on Wednesday, January 17 with “Buy” rating. The firm has “Buy” rating given on Wednesday, December 6 by KeyBanc Capital Markets. The firm earned “Buy” rating on Friday, June 2 by Stephens. The firm has “Neutral” rating by Robert W. Baird given on Monday, August 24.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.01, from 1.29 in 2017Q2. It improved, 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. Moreover, Capital Invest Services Of America has 1.63% invested in Fastenal Company (NASDAQ:FAST). Wetherby Asset Mgmt Inc reported 0.05% in Fastenal Company (NASDAQ:FAST). Caxton Assoc Lp holds 0.13% of its portfolio in Fastenal Company (NASDAQ:FAST) for 82,100 shares. Cetera Advsrs Limited Co reported 0.02% in Fastenal Company (NASDAQ:FAST). Rand Wealth Ltd Com invested in 8,240 shares or 0.04% of the stock. Ledyard Bancshares reported 78,974 shares. Moreover, Chesley Taft Associate Ltd Llc has 0.02% invested in Fastenal Company (NASDAQ:FAST) for 4,900 shares. Global Endowment Mngmt Lp reported 9,260 shares. Rafferty Asset Mgmt Ltd has invested 0.05% of its portfolio in Fastenal Company (NASDAQ:FAST). Sadoff Ltd Liability has 8,938 shares for 0.04% of their portfolio. 4,991 are owned by Petrus Lta. Tru Department Mb Finance Bank & Trust N A accumulated 2,855 shares. 6,133 were reported by Sii Invs Incorporated Wi. Northern Tru Corp holds 3.41M shares. Whitnell Co invested in 7,200 shares.

Since August 15, 2017, it had 0 insider purchases, and 3 selling transactions for $2.10 million activity. On Monday, October 16 the insider Hein LeLand J sold $471,350. The insider Miller Charles S. sold $1.48 million. Polipnick Gary A. sold $140,793 worth of stock or 2,634 shares.

Investors sentiment decreased to 0.63 in Q3 2017. Its down 0.42, from 1.05 in 2017Q2. It worsened, as 62 investors sold PAA shares while 124 reduced holdings. 35 funds opened positions while 82 raised stakes. 303.49 million shares or 3.28% more from 293.86 million shares in 2017Q2 were reported. Fayez Sarofim & invested in 3.72 million shares or 0.41% of the stock. Motco invested in 0% or 2,261 shares. Massachusetts Financial Svcs Ma reported 0.02% in Plains All American Pipeline, L.P. (NYSE:PAA). Srb owns 0.93% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 330,935 shares. Cibc Asset Mgmt Incorporated has 24,517 shares for 0% of their portfolio. Investment House Limited Liability Company has 0.08% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 30,010 shares. Trust Department Mb Bankshares N A reported 2,821 shares. Inverness Counsel Ltd Liability Corporation New York invested 0.14% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Barclays Public Limited has invested 0.04% in Plains All American Pipeline, L.P. (NYSE:PAA). 648,615 were accumulated by Stifel Financial Corporation. Heritage Wealth Advsrs stated it has 58,740 shares. Umb National Bank & Trust N A Mo holds 38,883 shares. Commonwealth Fincl Bank Of has invested 1.45% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Pennsylvania-based Smithfield has invested 0% in Plains All American Pipeline, L.P. (NYSE:PAA). Ohio-based Stratos Wealth Limited has invested 0.02% in Plains All American Pipeline, L.P. (NYSE:PAA).

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