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Td Asset Management Stake in Idacorp (IDA) Has Raised by $758,940; As Fastenal Co (FAST) Stock Value Declined, Schwartz Investment Counsel Trimmed Its Position

IDACORP, Inc. (NYSE:IDA) Logo

Td Asset Management Inc increased its stake in Idacorp Inc (IDA) by 42.6% based on its latest 2017Q4 regulatory filing with the SEC. Td Asset Management Inc bought 8,340 shares as the company’s stock declined 4.03% with the market. The institutional investor held 27,919 shares of the public utilities company at the end of 2017Q4, valued at $2.55 million, up from 19,579 at the end of the previous reported quarter. Td Asset Management Inc who had been investing in Idacorp Inc for a number of months, seems to be bullish on the $4.43 billion market cap company. The stock decreased 0.16% or $0.14 during the last trading session, reaching $87.9. About 382,843 shares traded or 9.67% up from the average. IDACORP, Inc. (NYSE:IDA) has risen 4.47% since May 20, 2017 and is uptrending. It has underperformed by 7.08% the S&P500.

Schwartz Investment Counsel Inc decreased its stake in Fastenal Co (FAST) by 7.14% based on its latest 2017Q4 regulatory filing with the SEC. Schwartz Investment Counsel Inc sold 5,000 shares as the company’s stock declined 2.22% with the market. The institutional investor held 65,000 shares of the building materials company at the end of 2017Q4, valued at $3.55B, down from 70,000 at the end of the previous reported quarter. Schwartz Investment Counsel Inc who had been investing in Fastenal Co for a number of months, seems to be less bullish one the $15.18B market cap company. The stock decreased 0.21% or $0.11 during the last trading session, reaching $52.76. About 2.00 million shares traded. Fastenal Company (NASDAQ:FAST) has risen 5.62% since May 20, 2017 and is uptrending. It has underperformed by 5.93% the S&P500.

Td Asset Management Inc, which manages about $16.26B and $68.64B US Long portfolio, decreased its stake in Cbs Corp New (NYSE:CBS) by 5,656 shares to 107,165 shares, valued at $6.32M in 2017Q4, according to the filing. It also reduced its holding in Rush Enterprises Inc (NASDAQ:RUSHA) by 6,800 shares in the quarter, leaving it with 18,100 shares, and cut its stake in Groupe Cgi Inc (NYSE:GIB).

Investors sentiment increased to 1.4 in Q4 2017. Its up 0.31, from 1.09 in 2017Q3. It improved, as 8 investors sold IDA shares while 77 reduced holdings. 40 funds opened positions while 79 raised stakes. 37.41 million shares or 0.32% less from 37.53 million shares in 2017Q3 were reported. Lord Abbett And Limited Liability Corporation holds 0.14% or 551,498 shares. 8,792 are owned by Los Angeles Cap Mgmt Equity Inc. Profund Advsr Limited Liability Company invested in 10,569 shares or 0.04% of the stock. Two Sigma Lc holds 0.01% of its portfolio in IDACORP, Inc. (NYSE:IDA) for 2,213 shares. Raymond James And owns 8,181 shares or 0% of their US portfolio. Swiss Natl Bank accumulated 0.01% or 85,900 shares. Clinton Grp has 16,645 shares for 0.13% of their portfolio. Wells Fargo Mn owns 231,212 shares for 0.01% of their portfolio. The New York-based Amer International Gru has invested 0.04% in IDACORP, Inc. (NYSE:IDA). Commonwealth Of Pennsylvania Public School Empls Retrmt Systems holds 0.01% in IDACORP, Inc. (NYSE:IDA) or 7,360 shares. Alliancebernstein Limited Partnership invested 0% of its portfolio in IDACORP, Inc. (NYSE:IDA). Teacher Retirement System Of Texas invested in 17,210 shares. Hgk Asset Management invested 0.06% of its portfolio in IDACORP, Inc. (NYSE:IDA). 8,159 were reported by Jane Street Grp Ltd Liability. Etrade Capital Mgmt Ltd Liability holds 0.01% or 3,514 shares in its portfolio.

Since March 16, 2018, it had 0 buys, and 2 insider sales for $337,647 activity. Park Tessia sold $25,619 worth of stock or 300 shares.

More recent IDACORP, Inc. (NYSE:IDA) news were published by: Seekingalpha.com which released: “IDACORP, Inc. 2018 Q1 – Results – Earnings Call Slides” on May 04, 2018. Also Seekingalpha.com published the news titled: “IDACORP’s (IDA) CEO Darrel Anderson on Q1 2018 Results – Earnings Call Transcript” on May 05, 2018. Globenewswire.com‘s news article titled: “Report: Developing Opportunities within IDACORP, Immersion, MTGE Investment, Chanticleer, Par Pacific, and …” with publication date: April 24, 2018 was also an interesting one.

Among 3 analysts covering IdaCorp (NYSE:IDA), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. IdaCorp had 3 analyst reports since October 18, 2016 according to SRatingsIntel. The firm has “Sell” rating given on Tuesday, January 9 by Bank of America. On Tuesday, October 18 the stock rating was initiated by Williams Capital Group with “Hold”. The company was maintained on Wednesday, October 18 by KeyBanc Capital Markets.

Analysts await Fastenal Company (NASDAQ:FAST) to report earnings on July, 11. They expect $0.66 EPS, up 26.92% or $0.14 from last year’s $0.52 per share. FAST’s profit will be $189.87 million for 19.98 P/E if the $0.66 EPS becomes a reality. After $0.61 actual EPS reported by Fastenal Company for the previous quarter, Wall Street now forecasts 8.20% EPS growth.

Schwartz Investment Counsel Inc, which manages about $1.74 billion and $1689.15 billion US Long portfolio, upped its stake in Cisco Sys Inc (NASDAQ:CSCO) by 9,000 shares to 915,000 shares, valued at $35.04 billion in 2017Q4, according to the filing. It also increased its holding in O Reilly Automotive Inc New (NASDAQ:ORLY) by 26,000 shares in the quarter, for a total of 62,000 shares, and has risen its stake in Gildan Activewear Inc (NYSE:GIL).

Since December 15, 2017, it had 3 buys, and 4 selling transactions for $1.96 million activity. 2,634 shares valued at $140,793 were sold by Polipnick Gary A. on Friday, December 15. Eastman Stephen L. bought $35,219 worth of stock. Drazkowski William Joseph sold 7,500 shares worth $424,808. 242 shares were sold by Jansen James C, worth $14,036. Ancius Michael J also bought $22,181 worth of Fastenal Company (NASDAQ:FAST) shares. $50,275 worth of Fastenal Company (NASDAQ:FAST) was bought by Lewis Holden.

Among 19 analysts covering Fastenal (NASDAQ:FAST), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Fastenal had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Underweight” rating on Monday, October 5 by Barclays Capital. The stock of Fastenal Company (NASDAQ:FAST) has “Neutral” rating given on Friday, August 26 by Macquarie Research. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, March 16. The firm has “Strong Buy” rating by Raymond James given on Thursday, July 13. Stifel Nicolaus maintained the shares of FAST in report on Thursday, March 17 with “Buy” rating. The stock of Fastenal Company (NASDAQ:FAST) has “Hold” rating given on Monday, August 21 by Stifel Nicolaus. The firm has “Hold” rating by William Blair given on Friday, September 4. The stock of Fastenal Company (NASDAQ:FAST) has “Buy” rating given on Thursday, April 12 by KeyBanc Capital Markets. The rating was upgraded by Longbow on Friday, June 2 to “Buy”. The stock has “Hold” rating by BMO Capital Markets on Monday, October 9.

Fastenal Company (NASDAQ:FAST) Institutional Positions Chart

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