Pepsico (PEP) Shareholder Shelter Ins Retirement Plan Has Decreased Its Holding; Fastenal Co Com (FAST) Stock Price Declined While Carroll Financial Associates Has Trimmed Its Position by $440,190

February 15, 2018 - By Henry Gaston

Carroll Financial Associates Inc decreased its stake in Fastenal Co Com (FAST) by 83.27% based on its latest 2017Q3 regulatory filing with the SEC. Carroll Financial Associates Inc sold 9,782 shares as the company’s stock declined 14.06% while stock markets rallied. The institutional investor held 1,966 shares of the building materials company at the end of 2017Q3, valued at $90,000, down from 11,748 at the end of the previous reported quarter. Carroll Financial Associates Inc who had been investing in Fastenal Co Com for a number of months, seems to be less bullish one 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.

Shelter Ins Retirement Plan decreased its stake in Pepsico Incorporated (PEP) by 5.05% based on its latest 2017Q3 regulatory filing with the SEC. Shelter Ins Retirement Plan sold 3,400 shares as the company’s stock rose 5.12% with the market. The institutional investor held 63,900 shares of the consumer non-durables company at the end of 2017Q3, valued at $7.12 million, down from 67,300 at the end of the previous reported quarter. Shelter Ins Retirement Plan who had been investing in Pepsico Incorporated for a number of months, seems to be less bullish one the $155.17B market cap company. The stock decreased 2.70% or $3.03 during the last trading session, reaching $109.11. About 7.70 million shares traded or 93.31% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since February 15, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.19, from 0.75 in 2017Q2. It improved, as 51 investors sold PEP shares while 689 reduced holdings. 106 funds opened positions while 593 raised stakes. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. Howard Capital Mgmt has 12,186 shares. Ontario Teachers Pension Plan Board owns 89,602 shares for 0.13% of their portfolio. Fil Ltd holds 0.46% or 1.46 million shares in its portfolio. Thompson Invest Mngmt has invested 0.7% in PepsiCo, Inc. (NASDAQ:PEP). Hrt Fincl Lc reported 1.86% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Park National Oh has 1.43% invested in PepsiCo, Inc. (NASDAQ:PEP) for 223,840 shares. Pax Ww Mgmt Ltd Co accumulated 205,531 shares. Contravisory Mngmt reported 162 shares or 0.01% of all its holdings. Sanders Limited Company has invested 2.72% in PepsiCo, Inc. (NASDAQ:PEP). Manning And Napier Advisors Ltd Company reported 0.26% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Ensemble Mngmt Limited Liability Co has 0.45% invested in PepsiCo, Inc. (NASDAQ:PEP) for 19,180 shares. Meyer Handelman Company stated it has 1.62% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Ar Asset Mgmt Inc invested in 43,609 shares or 1.93% of the stock. Psagot Investment House stated it has 33,829 shares or 0.16% of all its holdings. Kemper Corporation Master Retirement Trust holds 1.63% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 24,500 shares.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 14 Hold. Therefore 36% are positive. PepsiCo had 67 analyst reports since July 21, 2015 according to SRatingsIntel. JP Morgan initiated it with “Overweight” rating and $125 target in Tuesday, March 21 report. The company was downgraded on Monday, October 2 by Jefferies. The firm has “Neutral” rating by Credit Suisse given on Thursday, October 5. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Tuesday, August 1 by RBC Capital Markets. The firm earned “Hold” rating on Thursday, February 1 by Credit Suisse. The stock has “Equal Weight” rating by Barclays Capital on Monday, January 9. On Tuesday, July 11 the stock rating was maintained by BMO Capital Markets with “Hold”. JP Morgan maintained the stock with “Overweight” rating in Tuesday, April 19 report. Vetr downgraded PepsiCo, Inc. (NASDAQ:PEP) on Thursday, August 27 to “Buy” rating. Jefferies maintained it with “Buy” rating and $13000 target in Thursday, July 6 report.

Since October 10, 2017, it had 0 buys, and 1 insider sale for $2.37 million activity.

Carroll Financial Associates Inc, which manages about $1.57B and $877.90 million US Long portfolio, upped its stake in Powershares S&P Emerging Markets Low Volatility Portfolio (EELV) by 18,763 shares to 109,035 shares, valued at $2.68M in 2017Q3, according to the filing. It also increased its holding in Powershares Dwa Momentum Portfolio (PDP) by 12,505 shares in the quarter, for a total of 96,172 shares, and has risen its stake in Knowledge Leaders Developed World Etf.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.01, from 1.29 in 2017Q2. It increased, 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. Parkside National Bank & Tru holds 0.05% or 3,010 shares in its portfolio. State Street Corporation has invested 0.05% in Fastenal Company (NASDAQ:FAST). Fjarde Ap owns 77,565 shares or 0.07% of their US portfolio. Amg Funds Lc stated it has 1.47% in Fastenal Company (NASDAQ:FAST). 3,667 were accumulated by Rampart Mgmt Limited Liability Company. Amf Pensionsforsakring Ab reported 304,198 shares. Apg Asset Mgmt Nv accumulated 0.02% or 320,360 shares. Greenwich Wealth Management Ltd Com reported 0.17% of its portfolio in Fastenal Company (NASDAQ:FAST). The North Carolina-based Endowment Mgmt Ltd Partnership has invested 0.06% in Fastenal Company (NASDAQ:FAST). Conestoga Advsrs, Pennsylvania-based fund reported 14,229 shares. Hsbc Holdings Public Limited Com reported 1.17M shares stake. Df Dent & stated it has 1.96 million shares or 2.32% of all its holdings. Shell Asset Comm holds 71,082 shares. Glenmede Tru Com Na holds 0% of its portfolio in Fastenal Company (NASDAQ:FAST) for 153 shares. Marshfield Associates stated it has 1.57M shares.

Since August 15, 2017, it had 0 buys, and 3 sales for $2.10 million activity. $1.48M worth of Fastenal Company (NASDAQ:FAST) was sold by Miller Charles S. on Thursday, January 25. $140,793 worth of Fastenal Company (NASDAQ:FAST) was sold by Polipnick Gary A.. On Monday, October 16 Hein LeLand J sold $471,350 worth of Fastenal Company (NASDAQ:FAST) or 10,000 shares.

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. The firm has “Hold” rating given on Friday, April 1 by Stifel Nicolaus. As per Monday, August 21, the company rating was maintained by Stifel Nicolaus. Robert W. Baird maintained Fastenal Company (NASDAQ:FAST) rating on Thursday, October 12. Robert W. Baird has “Buy” rating and $53.0 target. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, November 16. The company was upgraded on Wednesday, July 12 by Robert W. Baird. The rating was maintained by William Blair on Tuesday, August 25 with “Hold”. The firm earned “Buy” rating on Tuesday, January 9 by Credit Suisse. The stock of Fastenal Company (NASDAQ:FAST) earned “Neutral” rating by Susquehanna on Thursday, August 27. The rating was maintained by Stifel Nicolaus with “Hold” on Sunday, December 10. Raymond James maintained Fastenal Company (NASDAQ:FAST) rating on Wednesday, December 6. Raymond James has “Buy” rating and $61.0 target.

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By1 Henry Gaston

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