EPS for MSC Industrial Direct Co., Inc. (MSM) Expected At $1.40; Integre Asset Management Increased Its Michael Kors Hldgs LTD (KORS) Stake



June 14, 2018 – By Vivian Currie

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

Integre Asset Management Llc increased Michael Kors Hldgs Ltd (KORS) stake by 165.98% reported in 2018Q1 SEC filing. Integre Asset Management Llc acquired 11,881 shares as Michael Kors Hldgs Ltd (KORS)’s stock rose 5.76%. The Integre Asset Management Llc holds 19,039 shares with $1.18M value, up from 7,158 last quarter. Michael Kors Hldgs Ltd now has $10.00B valuation. The stock decreased 1.92% or $1.31 during the last trading session, reaching $66.82. About 3.22 million shares traded or 24.26% up from the average. Michael Kors Holdings Limited (NYSE:KORS) has risen 87.39% since June 14, 2017 and is uptrending. It has outperformed by 74.82% the S&P500. Some Historical KORS News: ; 02/04/2018 – Michael Kors Announces Global Partnership with South African Pro Golfer and Masters Champion Charl Schwartzel; 23/03/2018 – Former Michael Kors exec Anna Bakst will join Kate Spade next week, succeeding Craig Leavitt; 23/03/2018 – Tapestry picks former Michael Kors exec Anna Bakst as CEO of Kate Spade; 12/03/2018 Michael Kors’ China Factory Workers Strike Over Alleged Abuse; 30/05/2018 – Handbag maker Michael Kors tops 4th-quarter revenue estimates; 30/05/2018 – Michael Kors 4Q Rev $1.18B; 30/05/2018 – MICHAEL KORS HOLDINGS LTD – FOR FISCAL 2019, COMPANY EXPECTS TOTAL REVENUE TO BE APPROXIMATELY $5.10 BLN; 30/05/2018 – Michael Kors Slides Most in Almost 16 Months as Home Market Lags; 21/05/2018 – WINTON EXITED CF, TILE, KORS, GHL, UMPQ IN 1Q: 13F; 02/04/2018 – Kors Signs Pro Golfer Charl Schwartzel as First Golf Brand Ambassador

Analysts expect MSC Industrial Direct Co., Inc. (NYSE:MSM) to report $1.40 EPS on July, 11.They anticipate $0.31 EPS change or 28.44% from last quarter’s $1.09 EPS. MSM’s profit would be $79.07 million giving it 16.67 P/E if the $1.40 EPS is correct. After having $1.34 EPS previously, MSC Industrial Direct Co., Inc.’s analysts see 4.48% EPS growth. The stock decreased 1.09% or $1.03 during the last trading session, reaching $93.36. About 307,580 shares traded. MSC Industrial Direct Co., Inc. (NYSE:MSM) has risen 7.48% since June 14, 2017 and is uptrending. It has underperformed by 5.09% the S&P500. Some Historical MSM News: ; 10/04/2018 – MSC Industrial 2Q Net $117.6M; 09/04/2018 – MSC INDUSTRIAL DIRECT CO INC MSM.N : BMO RAISES TARGET PRICE TO $103 FROM $102; 05/04/2018 – MSC Declares Regular Quarterly Dividend; 01/05/2018 – MSC INDUSTRIAL SUPPLY BUYS ALL INTEGRATED SOLUTIONS; 10/04/2018 – MSC 2Q EPS EX TCJA BENEFIT $1.04, MAY NOT COMPARE WITH EST; 01/05/2018 – MSC INDUSTRIAL SUPPLY CO. BUYS ALL INTEGRATED SOLUTIONS; 10/04/2018 – MSC Industrial Access Event Scheduled By Northcoast Research; 09/03/2018 MSC Industrial Supply Co. To Webcast Review Of 2018 Fiscal Second Quarter Results; 11/04/2018 – MSC INDUSTRIAL DIRECT CO INC MSM.N : BMO RAISES TARGET PRICE TO $104 FROM $103; 01/05/2018 – MSC Industrial Supply Co. Acquires All Integrated Solutions

Investors sentiment increased to 1.17 in Q1 2018. Its up 0.29, from 0.88 in 2017Q4. It is positive, as 22 investors sold MSC Industrial Direct Co., Inc. shares while 93 reduced holdings. 49 funds opened positions while 86 raised stakes. 39.03 million shares or 3.17% less from 40.30 million shares in 2017Q4 were reported. Georgia-based Advisory Net Ltd Liability has invested 0.06% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Bluemountain Cap Management Limited Liability Com accumulated 57,644 shares or 0.12% of the stock. Meeder Asset Mngmt reported 0.01% stake. Segall Bryant And Hamill accumulated 0.09% or 42,559 shares. 2,080 are owned by Asset Mgmt One. Morgan Dempsey Cap Ltd invested in 629 shares or 0% of the stock. Cubist Systematic Strategies Ltd Liability Com invested in 11,228 shares or 0.06% of the stock. Moreover, Benjamin F Edwards & has 0.01% invested in MSC Industrial Direct Co., Inc. (NYSE:MSM) for 1,138 shares. Logan Management has 3,599 shares. Cambridge Inv Advsr, a Iowa-based fund reported 6,653 shares. Raymond James Financial owns 36,145 shares. Ellington Mngmt Gru Limited Liability Company owns 5,100 shares. Opus Cap Ltd Liability Company stated it has 0.07% in MSC Industrial Direct Co., Inc. (NYSE:MSM). Panagora Asset Mgmt Inc holds 0% of its portfolio in MSC Industrial Direct Co., Inc. (NYSE:MSM) for 2,536 shares. Oregon Public Employees Retirement Fund invested in 0.02% or 16,916 shares.

More news for MSC Industrial Direct Co., Inc. (NYSE:MSM) were recently published by: Seekingalpha.comwhich released: “Tracking Allan Mecham’s Arlington Value Capital Portfolio – Q1 2018 Update” on May 26, 2018. Prnewswire.com‘s article titled: “MSC Industrial Supply Co. Recognizes Norton Saint-Gobain Abrasives, Sandvik Coromant, Parker Hannifin With …” and published on May 23, 2018 is yet another important article.

MSC Industrial Direct Co., Inc., together with its subsidiaries, markets and 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 $5.27 billion. The companyÂ’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 17.69 P/E ratio. It offers approximately 1,000,000 stock-keeping units through its master catalogs; weekly, monthly, and quarterly specialty and promotional catalogs; brochures; and the Internet, such as its Websites comprising mscdirect.com and use-enco.com.

Since January 11, 2018, it had 0 insider purchases, and 22 selling transactions for $94.60 million activity. Davanzo Christopher also sold $1.13 million worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) shares. 100,000 shares were sold by JACOBSON MITCHELL, worth $9.50 million. 1,000 shares valued at $98,250 were sold by PELLER PHILIP on Wednesday, January 24. On Tuesday, January 23 KELLY DENIS F sold $96,759 worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) or 1,020 shares. $630,918 worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) was sold by Armstrong Steve. $9.80M worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) was sold by GERSHWIND ERIK. 14,946 MSC Industrial Direct Co., Inc. (NYSE:MSM) shares with value of $1.48M were sold by Bonomo Charles.

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 firm earned “Hold” rating on Friday, September 15 by KeyBanc Capital Markets. The firm has “Hold” rating given on Thursday, July 13 by Stifel Nicolaus. Susquehanna initiated the stock with “Hold” rating in Monday, September 25 report. Deutsche Bank upgraded the stock to “Hold” rating in Thursday, January 26 report. The stock has “Hold” rating by Stifel Nicolaus on Thursday, February 15. The firm earned “Outperform” rating on Thursday, January 4 by Raymond James. The firm has “Underperform” rating by Credit Suisse given on Friday, June 17. On Friday, January 15 the stock rating was initiated by Gabelli with “Buy”. The firm earned “Hold” rating on Friday, March 16 by Gabelli. The firm earned “Overweight” rating on Monday, March 14 by KeyBanc Capital Markets.

More notable recent Michael Kors Holdings Limited (NYSE:KORS) news were published by: Seekingalpha.com which released: “Michael Kors earnings preview” on May 29, 2018, also Seekingalpha.com with their article: “Michael Kors: Wait For The Next Acquisition Move” published on June 11, 2018, Seekingalpha.com published: “Michael Kors: Correction Offers An Opportunity To Accumulate” on June 05, 2018. More interesting news about Michael Kors Holdings Limited (NYSE:KORS) were released by: Seekingalpha.com and their article: “Michael Kors: The Numbers Look Good” published on May 25, 2018 as well as Globenewswire.com‘s news article titled: “Investor Expectations to Drive Momentum within Unilever, Fibria Celulose SA, Michael Kors, Tuniu, ADT, and Alamos …” with publication date: June 07, 2018.

Investors sentiment decreased to 1.1 in 2018 Q1. Its down 0.34, from 1.44 in 2017Q4. It worsened, as 36 investors sold KORS shares while 132 reduced holdings. 58 funds opened positions while 126 raised stakes. 116.43 million shares or 3.07% less from 120.12 million shares in 2017Q4 were reported. Ing Groep Nv reported 0.03% in Michael Kors Holdings Limited (NYSE:KORS). First Interstate Bank stated it has 610 shares. Walleye Trading Ltd Liability Corporation accumulated 28,746 shares. 8,602 were reported by Magnetar Fincl Limited Liability. Amalgamated Bancshares invested in 0.05% or 29,945 shares. New York State Common Retirement Fund invested in 0.03% or 448,336 shares. Oakbrook Invests Ltd Liability Co accumulated 0.04% or 10,610 shares. Moreover, Glenmede Co Na has 0.02% invested in Michael Kors Holdings Limited (NYSE:KORS) for 63,839 shares. Vident Inv Advisory Ltd holds 0.05% or 19,241 shares. Shellback Limited Partnership holds 240,000 shares. 21,184 are owned by Mason Street Advsr Ltd Liability. Impax Asset Mgmt Limited Liability Company has 45,589 shares. Moreover, Nuveen Asset Management Limited Liability Corp has 0.14% invested in Michael Kors Holdings Limited (NYSE:KORS). Martingale Asset Mgmt Lp has 0.08% invested in Michael Kors Holdings Limited (NYSE:KORS) for 104,884 shares. Visionary Asset Mngmt accumulated 0.09% or 4,669 shares.

Since February 13, 2018, it had 0 buys, and 9 selling transactions for $55.90 million activity. Shares for $10.23 million were sold by IDOL JOHN D on Thursday, May 24. 12,100 shares were sold by McDonough Krista A, worth $794,557. Shares for $406,065 were sold by Reitman Stephen F. Kors Michael David sold $15.12 million worth of Michael Kors Holdings Limited (NYSE:KORS) on Friday, March 2. 4,000 shares were sold by Benedetto M William, worth $255,752 on Friday, February 16. Robinson Cathy Marie sold $387,647 worth of stock.

Among 35 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 13 have Buy rating, 2 Sell and 20 Hold. Therefore 37% are positive. Michael Kors Holdings Ltd has $90.0 highest and $26 lowest target. $64.45’s average target is -3.55% below currents $66.82 stock price. Michael Kors Holdings Ltd had 135 analyst reports since July 21, 2015 according to SRatingsIntel. Wells Fargo maintained it with “Hold” rating and $49.0 target in Tuesday, September 26 report. Nomura maintained Michael Kors Holdings Limited (NYSE:KORS) on Wednesday, August 9 with “Buy” rating. The stock has “Underweight” rating by Piper Jaffray on Friday, August 7. Cowen & Co maintained it with “Hold” rating and $68.0 target in Wednesday, January 31 report. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, August 8. The firm has “Hold” rating by BB&T Capital given on Thursday, July 30. Guggenheim initiated the shares of KORS in report on Friday, September 30 with “Neutral” rating. Canaccord Genuity maintained the shares of KORS in report on Tuesday, May 29 with “Buy” rating. The firm has “Buy” rating given on Tuesday, December 5 by Goldman Sachs. The stock of Michael Kors Holdings Limited (NYSE:KORS) earned “Buy” rating by Susquehanna on Tuesday, January 23.

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

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