Eagle Point Credit Company Inc. (ECC) At $17.91 Forms Bottom; Apg Asset Management Nv Has Raised By $1.03 Million Its Msc Indl Direct (MSM) Holding

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

Apg Asset Management Nv increased Msc Indl Direct Inc (MSM) stake by 22.28% reported in 2017Q4 SEC filing. Apg Asset Management Nv acquired 12,900 shares as Msc Indl Direct Inc (MSM)’s stock declined 5.29%. The Apg Asset Management Nv holds 70,800 shares with $5.70M value, up from 57,900 last quarter. Msc Indl Direct Inc now has $4.94B valuation. The stock increased 0.45% or $0.39 during the last trading session, reaching $87.46. About 591,085 shares traded. MSC Industrial Direct Co., Inc. (NYSE:MSM) has declined 9.82% since April 26, 2017 and is downtrending. It has underperformed by 21.37% the S&P500.

Eagle Point Credit Company Inc. (ECC) formed multiple bottom with $17.19 target or 4.00% below today’s $17.91 share price. Eagle Point Credit Company Inc. (ECC) has $382.15M valuation. The stock decreased 1.65% or $0.3 during the last trading session, reaching $17.91. About 201,127 shares traded or 120.95% up from the average. Eagle Point Credit Company Inc. (NYSE:ECC) has declined 5.90% since April 26, 2017 and is downtrending. It has underperformed by 17.45% the S&P500.

Among 19 analysts covering MSC Industrial Direct Co. (NYSE:MSM), 6 have Buy rating, 1 Sell and 12 Hold. Therefore 32% are positive. MSC Industrial Direct Co. had 69 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank on Thursday, January 26 to “Hold”. Gabelli downgraded the stock to “Hold” rating in Friday, March 16 report. The firm has “Buy” rating by Credit Suisse given on Tuesday, January 9. The stock has “Buy” rating by Credit Suisse on Monday, December 4. The stock of MSC Industrial Direct Co., Inc. (NYSE:MSM) earned “Neutral” rating by Sterne Agee CRT on Tuesday, March 22. The firm earned “Hold” rating on Monday, January 8 by Stifel Nicolaus. As per Tuesday, October 31, the company rating was maintained by Robert W. Baird. The stock has “Neutral” rating by JP Morgan on Friday, August 4. As per Thursday, April 7, the company rating was maintained by Barclays Capital. The company was maintained on Sunday, December 10 by Stifel Nicolaus.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.43, from 1.31 in 2017Q3. It worsened, 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. 63,250 were accumulated by Willis Invest Counsel. Millennium Mngmt Limited Liability accumulated 322,609 shares. Benjamin F Edwards & Inc holds 1,123 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt invested in 6,506 shares or 0.01% of the stock. Us Bancorp De holds 1,343 shares. Swiss Fincl Bank holds 0.01% or 76,800 shares in its portfolio. Texas-based Texas Permanent School Fund has invested 0.04% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Dimensional Fund Advsrs Ltd Partnership owns 471,087 shares. Century invested in 0.18% or 1.90 million shares. Moreover, Bokf Na has 0.03% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM). Horizon Kinetics Limited reported 0.01% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Wasatch Advsrs Inc reported 5,130 shares. Manufacturers Life The stated it has 0.01% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Grandeur Peak Glob Advsrs Llc owns 150,700 shares. Great Lakes Advisors Ltd Limited Liability Company, a Illinois-based fund reported 115,502 shares.

Apg Asset Management Nv decreased Discovery Communicatns New (NASDAQ:DISCK) stake by 1.48 million shares to 179,390 valued at $3.16M in 2017Q4. It also reduced Kinross Gold Corp (NYSE:KGC) stake by 1.39 million shares and now owns 10.44 million shares. Scripps Networks Interact In (NYSE:SNI) was reduced too.

Since November 10, 2017, it had 0 insider buys, and 16 insider sales for $81.41 million activity. JACOBSON MITCHELL sold 64,040 shares worth $6.14 million. Davanzo Christopher sold $1.06M worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) on Tuesday, January 23. Shares for $96,759 were sold by KELLY DENIS F on Tuesday, January 23. Jilla Rustom sold $247,500 worth of stock. $667,684 worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) was sold by Armstrong Steve. Bonomo Charles sold 1,800 shares worth $165,942. The insider Jones Douglas E sold 2,984 shares worth $283,480.

Investors sentiment decreased to 1.29 in 2017 Q4. Its down 0.51, from 1.8 in 2017Q3. It is negative, as 2 investors sold Eagle Point Credit Company Inc. shares while 5 reduced holdings. 5 funds opened positions while 4 raised stakes. 2.13 million shares or 11.72% more from 1.91 million shares in 2017Q3 were reported. Morgan Stanley holds 4,997 shares or 0% of its portfolio. Pnc Group Incorporated invested in 0% or 206,376 shares. Evercore Wealth Mgmt Ltd holds 5,000 shares. Citigroup reported 0% of its portfolio in Eagle Point Credit Company Inc. (NYSE:ECC). Bessemer Gru Inc reported 4,987 shares. Ares Mgmt Ltd stated it has 0.03% in Eagle Point Credit Company Inc. (NYSE:ECC). Bard holds 1.19% or 131,358 shares in its portfolio. Thomas J Herzfeld Advisors invested 0.04% in Eagle Point Credit Company Inc. (NYSE:ECC). Asset Mngmt accumulated 17,154 shares or 0.04% of the stock. Savings Bank Of America Corp De holds 0% or 4,978 shares. Mycio Wealth Prns Limited Liability Company owns 2.24% invested in Eagle Point Credit Company Inc. (NYSE:ECC) for 1.10 million shares. Manufacturers Life The holds 219,967 shares or 0% of its portfolio. California-based Wells Fargo And Communication Mn has invested 0% in Eagle Point Credit Company Inc. (NYSE:ECC). Freestone Cap Holding Limited Liability Company reported 335,874 shares stake. Plante Moran Fincl Advsrs holds 0.02% in Eagle Point Credit Company Inc. (NYSE:ECC) or 1,619 shares.

Analysts await Eagle Point Credit Company Inc. (NYSE:ECC) to report earnings on May, 22. They expect $0.45 EPS, down 13.46% or $0.07 from last year’s $0.52 per share. ECC’s profit will be $9.60 million for 9.95 P/E if the $0.45 EPS becomes a reality. After $0.43 actual EPS reported by Eagle Point Credit Company Inc. for the previous quarter, Wall Street now forecasts 4.65% EPS growth.

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