Christopher Davanzo, SVP – Finance and Controller of MSC Industrial Direct Co., Inc. (MSM) Just Unloaded Shares; Visionary Asset Management Trimmed Ppl (PPL) Stake

Visionary Asset Management Inc decreased Ppl Corp (PPL) stake by 13.75% reported in 2017Q3 SEC filing. Visionary Asset Management Inc sold 12,480 shares as Ppl Corp (PPL)’s stock rose 8.95%. The Visionary Asset Management Inc holds 78,295 shares with $2.97 million value, down from 90,775 last quarter. Ppl Corp now has $22.03B valuation. The stock increased 0.72% or $0.23 during the last trading session, reaching $32. About 7.50M shares traded or 34.15% up from the average. PPL Corporation (NYSE:PPL) has risen 2.43% since January 25, 2017 and is uptrending. It has underperformed by 14.27% the S&P500.

On January 24, 2018, a significant insider trading sale was made. Christopher Davanzo, the SVP – Finance and Controller and an insider of Msc Industrial Direct Co Inc unloaded precisely 11,108 shares of Msc Industrial Direct Co Inc, worth close to $1,055,260 U.S. Dollars, at $95.0 per share at the time of the sale. In the last month, he also sold 12,046 shares with value $1,125,458 USD. This considerable transaction occurred on January 24, 2018 and was submitted with the SEC. The original filing is obtainable for free here. The odds that the transaction stays undiscovered is super low as a result of the massive amount of money involved. Currently, Christopher Davanzo owns 6,548 shares which are roughly 0.01% of Msc Industrial Direct Co Inc’s market cap.

The stock increased 4.13% or $3.92 during the last trading session, reaching $98.73. About 1.92 million shares traded or 212.54% up from the average. MSC Industrial Direct Co., Inc. (NYSE:MSM) has risen 18.92% since January 25, 2017 and is uptrending. It has outperformed by 2.22% the S&P500.

Among 18 analysts covering MSC Industrial Direct Co. (NYSE:MSM), 6 have Buy rating, 1 Sell and 11 Hold. Therefore 33% are positive. MSC Industrial Direct Co. has $114.0 highest and $55 lowest target. $92.25’s average target is -6.56% below currents $98.73 stock price. MSC Industrial Direct Co. had 59 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, July 11 by BMO Capital Markets. The rating was maintained by Stifel Nicolaus on Monday, January 8 with “Hold”. The firm earned “Buy” rating on Monday, January 18 by Gabelli. KeyCorp maintained the stock with “Sector Weight” rating in Wednesday, April 5 report. As per Thursday, December 8, the company rating was downgraded by Gabelli. Credit Suisse maintained the stock with “Buy” rating in Tuesday, January 9 report. The company was initiated on Tuesday, March 22 by Sterne Agee CRT. Credit Suisse downgraded the stock to “Underperform” rating in Friday, June 17 report. KeyBanc Capital Markets reinitiated the shares of MSM in report on Tuesday, April 4 with “Sector Weight” rating. The stock of MSC Industrial Direct Co., Inc. (NYSE:MSM) earned “Neutral” rating by Credit Suisse on Tuesday, January 17.

Investors sentiment decreased to 1.31 in Q3 2017. Its down 0.02, from 1.33 in 2017Q2. It dropped, as 39 investors sold MSC Industrial Direct Co., Inc. shares while 75 reduced holdings. 49 funds opened positions while 100 raised stakes. 41.32 million shares or 3.65% less from 42.88 million shares in 2017Q2 were reported. Nj State Employees Deferred Compensation Plan holds 12,000 shares. Engineers Gate Manager Limited Partnership reported 0.11% stake. Fiduciary Mgmt Wi invested in 520,895 shares. 19,551 are held by Federated Investors Inc Pa. Northern Tru holds 0.01% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM) for 376,595 shares. Aperio Grp Limited Liability Com accumulated 28,119 shares. Prelude Lc holds 0.04% or 5,921 shares. Menta Cap Ltd Company accumulated 8,500 shares or 0.09% of the stock. Voya Investment Ltd Liability Company reported 14,171 shares or 0% of all its holdings. Amalgamated Bank holds 8,572 shares. Jennison Assoc Ltd holds 313,657 shares. Arrowmark Colorado Ltd reported 1.58M shares or 1.36% of all its holdings. Heartland Advsr invested 0.02% in MSC Industrial Direct Co., Inc. (NYSE:MSM). State Treasurer State Of Michigan stated it has 0.01% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM). Weaver C Barksdale And Associates has 207 shares for 0.02% of their portfolio.

Since November 10, 2017, it had 0 insider buys, and 8 insider sales for $56.72 million activity. GERSHWIND ERIK had sold 104,252 shares worth $9.80 million. $667,684 worth of stock was sold by Armstrong Steve on Friday, January 19. 1,800 MSC Industrial Direct Co., Inc. (NYSE:MSM) shares with value of $165,942 were sold by Bonomo Charles. JACOBSON MITCHELL had sold 362,753 shares worth $34.13 million. Davanzo Christopher had sold 12,046 shares worth $1.13 million on Thursday, January 11.

MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes various ranges of metalworking and maintenance, repair, and activities products primarily in the United States, Canada, and the United Kingdom. The company has market cap of $5.57 billion. The company??s MRO products comprise cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It has a 23.84 P/E ratio. It offers approximately 1,565,000 stock-keeping units through its catalogs; brochures; eCommerce channels, including its Website,; and call-centers and branches.

Among 14 analysts covering PPL Corporation (NYSE:PPL), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. PPL Corporation had 37 analyst reports since August 5, 2015 according to SRatingsIntel. On Sunday, September 24 the stock rating was maintained by RBC Capital Markets with “Hold”. Evercore downgraded PPL Corporation (NYSE:PPL) on Monday, February 8 to “Hold” rating. RBC Capital Markets maintained the shares of PPL in report on Sunday, October 29 with “Hold” rating. The stock of PPL Corporation (NYSE:PPL) has “Neutral” rating given on Tuesday, November 22 by Bank of America. Goldman Sachs upgraded the shares of PPL in report on Monday, June 26 to “Neutral” rating. SunTrust maintained it with “Buy” rating and $39.0 target in Monday, January 8 report. As per Tuesday, June 20, the company rating was maintained by Jefferies. On Tuesday, December 19 the stock rating was downgraded by Macquarie Research to “Underperform”. The rating was maintained by Jefferies on Wednesday, August 10 with “Hold”. Guggenheim maintained the stock with “Hold” rating in Tuesday, January 2 report.

Analysts await PPL Corporation (NYSE:PPL) to report earnings on February, 7. They expect $0.49 earnings per share, down 18.33% or $0.11 from last year’s $0.6 per share. PPL’s profit will be $337.35M for 16.33 P/E if the $0.49 EPS becomes a reality. After $0.56 actual earnings per share reported by PPL Corporation for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.

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