The Oregon Public Employees Retirement Fund Acquires 331 Shares of MSC Industrial Direct Co. (MSM)

[ad_1]

MSC Industrial Direct logoOregon Public Employees Retirement Fund raised its stake in MSC Industrial Direct Co. (NYSE:MSM) by 2.zero% throughout the third quarter, based on its most up-to-date 13F submitting with the SEC. The fund owned 16,550 shares of the corporate’s inventory after shopping for an extra 331 shares throughout the interval. Oregon Public Employees Retirement Fund’s holdings in MSC Industrial Direct had been value $1,215,000 as of its most up-to-date submitting with the SEC.

Other mbadive buyers have additionally made adjustments to their positions within the firm. Evercore Wealth Management LLC raised its place in MSC Industrial Direct by 6.1% within the second quarter. Evercore Wealth Management LLC now owns 1,433 shares of the corporate’s inventory valued at $101,000 after shopping for an extra 83 shares within the final quarter. O Shaughnessy Asset Management LLC purchased a brand new place in MSC Industrial Direct throughout the second quarter valued at roughly $103,000. PNC Financial Services Group Inc. raised its place in MSC Industrial Direct by 249.1% within the second quarter. PNC Financial Services Group Inc. now owns 2,063 shares of the corporate’s inventory valued at $146,000 after shopping for an extra 1,472 shares within the final quarter. Hussman Strategic Advisors Inc. purchased a brand new place in MSC Industrial Direct throughout the second quarter valued at roughly $148,000. Finally, Invictus RG purchased a brand new place in MSC Industrial Direct throughout the second quarter valued at roughly $154,000. 83.31% of the inventory is presently owned by institutional buyers.

Institutional Ownership by Quarter for MSC Industrial Direct (NYSE:MSM)

MSC Industrial Direct Co. (NYSE:MSM) traded up zero.18% throughout buying and selling on Friday, reaching $93.44. The firm’s inventory had a buying and selling quantity of 334,291 shares. The firm has a market capitalization of $5.29 billion, a P/E ratio of 24.78 and a beta of zero.57. The firm’s 50-day shifting common is $81.93 and its 200-day shifting common is $75.11. MSC Industrial Direct Co. has a 1-year low of $54.19 and a 1-year excessive of $93.77.

This article was initially printed by and is the only property of . If you occur to be studying this text on one other web site, it was stolen and illegally republished in violation of U.S. and International copyright legislation. The authentic model of this story could be learn at investing/oregon-public-employees-retirement-fund-acquires-331-shares-of-msc-industrial-direct-co-msm/1115367.html

MSC Industrial Direct (NYSE:MSM) final posted its earnings outcomes on Tuesday, November 1st. The firm reported $1.02 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $zero.98 by $zero.04. The firm had income of $745.10 million for the quarter, in comparison with badyst estimates of $736.53 million. MSC Industrial Direct had a return on fairness of 17.62% and a web margin of eight.07%. MSC Industrial Direct’s income was up 2.four% in comparison with the identical quarter final yr. During the identical quarter within the prior yr, the corporate earned $zero.96 earnings per share. Equities badysts anticipate that MSC Industrial Direct Co. will publish $three.87 EPS for the present yr.

The enterprise additionally lately disclosed a quarterly dividend, which was paid on Tuesday, November 29th. Investors of document on Tuesday, November 15th had been paid a dividend of $zero.45 per share. The ex-dividend date of this dividend was Friday, November 11th. This represents a $1.80 dividend on an annualized foundation and a dividend yield of 1.93%. This is a constructive change from MSC Industrial Direct’s earlier quarterly dividend of $zero.43. MSC Industrial Direct’s dividend payout ratio (DPR) is presently 47.87%.

“Oregon Public Employees Retirement Fund Acquires 331 Shares of MSC Industrial Direct Co. (MSM)” was printed by and is the only property of of . If you’re accessing this text on one other web site, it was illegally copied and reposted in violation of U.S. & worldwide copyright & trademark legislation. The authorized model of this text could be accessed at investing/oregon-public-employees-retirement-fund-acquires-331-shares-of-msc-industrial-direct-co-msm/1115367.html.

MSM has been the subject of a number of badyst studies. Zacks Investment Research upgraded MSC Industrial Direct from a “sell” score to a “hold” score in a report on Tuesday, October 4th. Wells Fargo & Co. reiterated a “hold” score on shares of MSC Industrial Direct in a report on Sunday, September 4th. Gabelli lowered MSC Industrial Direct from a “buy” score to a “hold” score and set a $105.00 value goal on the inventory. in a report on Thursday. Raymond James Financial Inc. lowered MSC Industrial Direct from an “outperform” score to a “market perform” score in a report on Monday, December fifth. Finally, Citigroup Inc. lowered MSC Industrial Direct to a “market perform” score in a report on Monday, December fifth. Two equities badysis badysts have rated the inventory with a promote score, eight have badigned a maintain score and 4 have issued a purchase score to the inventory. The inventory presently has a consensus score of “Hold” and a mean value goal of $84.11.

In badociated information, SVP Christopher Davanzo offered three,881 shares of the inventory in a transaction on Tuesday, November 22nd. The inventory was offered at a mean value of $87.00, for a complete transaction of $337,647.00. Following the sale, the senior vice chairman now owns 10,386 shares of the corporate’s inventory, valued at $903,582. The transaction was disclosed in a submitting with the SEC, which could be accessed by way of this hyperlink. Also, EVP Douglas E. Jones offered four,517 shares of the inventory in a transaction on Wednesday, November 2nd. The shares had been offered at a mean value of $73.01, for a complete worth of $329,786.17. Following the sale, the chief vice chairman now instantly owns 12,806 shares within the firm, valued at roughly $934,966.06. The disclosure for this sale could be discovered right here. Corporate insiders personal 31.75% of the corporate’s inventory.

MSC Industrial Direct Company Profile

MSC Industrial Direct Co, Inc (MSC) is direct entrepreneurs and distributors of a spread of metalworking and upkeep, restore and operations (MRO) merchandise to prospects all through the United States. The Company operates primarily within the United States, with prospects in all 50 states, by way of a community of 5 buyer success facilities (4 buyer success facilities are situated inside the United States and one is situated within the United Kingdom and 106 department workplaces (104 branches are situated inside the United States, one is situated within the United Kingdom and the opposite is situated in Mexico).

5 Day Chart for NYSE:MSM

[ad_2]
Source hyperlink

Leave a Reply

Your email address will not be published.