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As Msc Industrial Direct Co. (MSM) Share Value Declined, Shareholder Confluence Investment Management Has Trimmed Holding by $1.09 Million; Matarin Capital Management Trimmed Its Regional Management Corp. (RM) Stake by $960.15 Million; Market Valuation Rose

MSC Industrial Direct Co., Inc. (NYSE:MSM) Logo

Matarin Capital Management Llc decreased its stake in Regional Management Corp. (RM) by 28.22% based on its latest 2017Q4 regulatory filing with the SEC. Matarin Capital Management Llc sold 36,495 shares as the company’s stock rose 15.89% while stock markets declined. The institutional investor held 92,827 shares of the consumer services company at the end of 2017Q4, valued at $2.44 billion, down from 129,322 at the end of the previous reported quarter. Matarin Capital Management Llc who had been investing in Regional Management Corp. for a number of months, seems to be less bullish one the $426.94M market cap company. The stock increased 0.30% or $0.11 during the last trading session, reaching $36.34. About 15,947 shares traded. Regional Management Corp. (NYSE:RM) has risen 60.49% since May 21, 2017 and is uptrending. It has outperformed by 48.94% the S&P500.

Confluence Investment Management Llc decreased its stake in Msc Industrial Direct Co. Inc. (MSM) by 2.32% based on its latest 2017Q4 regulatory filing with the SEC. Confluence Investment Management Llc sold 11,387 shares as the company’s stock declined 5.29% with the market. The institutional investor held 480,203 shares of the capital goods company at the end of 2017Q4, valued at $46.42M, down from 491,590 at the end of the previous reported quarter. Confluence Investment Management Llc who had been investing in Msc Industrial Direct Co. Inc. for a number of months, seems to be less bullish one the $5.34 billion market cap company. The stock increased 0.24% or $0.23 during the last trading session, reaching $94.53. About 312,874 shares traded. MSC Industrial Direct Co., Inc. (NYSE:MSM) has declined 9.82% since May 21, 2017 and is downtrending. It has underperformed by 21.37% the S&P500.

More news for Regional Management Corp. (NYSE:RM) were recently published by: Seekingalpha.com, which released: “Regional Management’s (RM) CEO Peter Knitzer on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. Businesswire.com‘s article titled: “Regional Management Corp. Announces First Quarter 2018 Results” and published on May 01, 2018 is yet another important article.

Among 7 analysts covering Regional Management Corporation (NYSE:RM), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Regional Management Corporation had 21 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Wednesday, January 10. As per Wednesday, April 12, the company rating was maintained by Wood. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. BMO Capital Markets maintained it with “Hold” rating and $25.0 target in Friday, October 6 report. The rating was maintained by Jefferies with “Buy” on Thursday, September 7. The firm has “Hold” rating given on Thursday, November 9 by BMO Capital Markets. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, November 18. The stock has “Hold” rating by BMO Capital Markets on Wednesday, April 12. Jefferies upgraded Regional Management Corp. (NYSE:RM) rating on Wednesday, September 23. Jefferies has “Buy” rating and $21 target. Jefferies maintained the shares of RM in report on Wednesday, June 28 with “Buy” rating.

Investors sentiment increased to 1.12 in Q4 2017. Its up 0.25, from 0.87 in 2017Q3. It increased, as 2 investors sold RM shares while 31 reduced holdings. 13 funds opened positions while 24 raised stakes. 10.32 million shares or 2.46% more from 10.07 million shares in 2017Q3 were reported. Numeric Investors Ltd holds 283,891 shares. California State Teachers Retirement Systems invested in 16,141 shares. Wedge Cap L Ltd Partnership Nc holds 0.01% or 59,800 shares in its portfolio. 7,820 are held by Argent Capital Ltd. Barclays Public Ltd Company accumulated 14,218 shares. Sei Invs invested in 0% or 18 shares. Ameritas Prtn has 935 shares. Ontario – Canada-based Royal State Bank Of Canada has invested 0% in Regional Management Corp. (NYSE:RM). Macquarie invested 0% of its portfolio in Regional Management Corp. (NYSE:RM). Savings Bank Of Montreal Can reported 0% of its portfolio in Regional Management Corp. (NYSE:RM). Hancock Hldgs accumulated 9,457 shares. Arrowstreet Cap LP holds 133,236 shares. Wellington Group Llp reported 1.14M shares. Rhumbline Advisers holds 10,077 shares or 0% of its portfolio. Envestnet Asset Mgmt stated it has 86 shares or 0% of all its holdings.

Analysts await Regional Management Corp. (NYSE:RM) to report earnings on August, 7. They expect $0.65 EPS, up 18.18% or $0.10 from last year’s $0.55 per share. RM’s profit will be $7.64 million for 13.98 P/E if the $0.65 EPS becomes a reality. After $0.72 actual EPS reported by Regional Management Corp. for the previous quarter, Wall Street now forecasts -9.72% negative EPS growth.

Matarin Capital Management Llc, which manages about $198.00 million and $1284.49 billion US Long portfolio, upped its stake in Gray Television Inc. (NYSE:GTN) by 6,746 shares to 28,908 shares, valued at $484.21M in 2017Q4, according to the filing. It also increased its holding in Northrop Grumman Corporation (NYSE:NOC) by 7 shares in the quarter, for a total of 20,037 shares, and has risen its stake in Scientific Games Corporation (NASDAQ:SGMS).

Since December 29, 2017, it had 2 buys, and 2 selling transactions for $523,598 activity. Shares for $74,912 were bought by Campos Roel C on Tuesday, March 13. Taggart Daniel J. sold $97,440 worth of stock.

Confluence Investment Management Llc, which manages about $2.30B and $5.48 billion US Long portfolio, upped its stake in Black Knight Inc by 1.21M shares to 2.05 million shares, valued at $90.65M in 2017Q4, according to the filing. It also increased its holding in Chubb Limited by 15,198 shares in the quarter, for a total of 744,952 shares, and has risen its stake in Colgate (NYSE:CL).

Analysts await MSC Industrial Direct Co., Inc. (NYSE:MSM) to report earnings on July, 11. They expect $1.41 EPS, up 29.36% or $0.32 from last year’s $1.09 per share. MSM’s profit will be $79.64 million for 16.76 P/E if the $1.41 EPS becomes a reality. After $1.34 actual EPS reported by MSC Industrial Direct Co., Inc. for the previous quarter, Wall Street now forecasts 5.22% EPS growth.

Since January 11, 2018, it had 0 buys, and 16 sales for $78.58 million activity. 564 shares were sold by KELLY DENIS F, worth $51,066 on Monday, May 7. 192,400 shares were sold by JACOBSON MITCHELL, worth $18.96 million on Wednesday, January 24. Another trade for 7,100 shares valued at $667,684 was made by Armstrong Steve on Friday, January 19. 1,000 shares valued at $98,250 were sold by PELLER PHILIP on Wednesday, January 24. 12,046 MSC Industrial Direct Co., Inc. (NYSE:MSM) shares with value of $1.13 million were sold by Davanzo Christopher. 104,252 shares were sold by GERSHWIND ERIK, worth $9.80M on Friday, January 19.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.43, from 1.31 in 2017Q3. It dived, as 32 investors sold MSM shares while 103 reduced holdings. 53 funds opened positions while 66 raised stakes. 40.30 million shares or 2.45% less from 41.32 million shares in 2017Q3 were reported. Moreover, Voya Mgmt Lc has 0% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM). Moreover, Ameritas Investment Ptnrs has 0.06% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM). Pnc Finance Ser Inc has invested 0% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Pub Employees Retirement Association Of Colorado holds 0.01% or 9,234 shares in its portfolio. Moreover, State Treasurer State Of Michigan has 0.01% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM). Northwestern Mutual Wealth Mgmt Communications stated it has 0% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Winslow Evans & Crocker Incorporated invested in 20 shares. The Michigan-based Schwartz Investment Counsel has invested 2.21% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Renaissance Lc owns 137,700 shares. California State Teachers Retirement Systems holds 73,418 shares. State Of Tennessee Treasury Department holds 20,000 shares. California Public Employees Retirement System holds 145,948 shares or 0.02% of its portfolio. Tennessee-based Weaver C Barksdale And has invested 0.02% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Millennium Management Ltd Liability Company owns 322,609 shares for 0.04% of their portfolio. Principal Grp Inc holds 0.04% in MSC Industrial Direct Co., Inc. (NYSE:MSM) or 431,823 shares.

MSC Industrial Direct Co., Inc. (NYSE:MSM) Institutional Positions Chart

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