Snap-On (NYSE:SNA) Receives Buy Rating from B. Riley

Sunday, 14 Jan, 2018

Snap-On (NYSE SNA) traded down $0.17 during midday trading on Friday, reaching $183.59. 584,714 shares of the company traded hands, compared to its average volume of 544,095. Snap-on Incorporated (NYSE:SNA) has risen 2.47% since January 14, 2017 and is uptrending. It has underperformed by 14.23% the S&P500. Acrospire Investment Management LLC raised its holdings in shares of Snap-On by 700.0% in the 2nd quarter. Lendingtree Inc New now has $4.36B valuation. Rowland & Co. Investment Counsel ADV now owns 1,095 shares of the company's stock valued at $174,000 after buying an additional 315 shares during the period. Over the past week, shares are 2.88%. The Brink's Company (NYSE:BCO) has risen 110.61% since January 13, 2017 and is uptrending. It has outperformed by 93.91% the S&P500.

1832 Asset Management L.P. maintained its stake in shares of Snap-On Incorporated (NYSE:SNA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. Its up 0.07, from 1.16 in 2017Q2.

Large investors have recently bought and sold shares of the business. Oppenheimer Asset has 35 shares. Zebra Capital Mngmt Lc holds 9,479 shares. Victory Capital Mngmt has invested 0.12% in LendingTree, Inc. Insiders own 3.70% of the company's stock. Texas Permanent School Fund reported 15,958 shares stake. Qs Investors Lc holds 22,970 shares or 0.05% of its portfolio. New Jersey-based Highlander Cap Mgmt Ltd Liability has invested 0% in LendingTree, Inc. Us Retail Bank De owns 62,554 shares. Renaissance Gru Limited Liability holds 0.02% or 2,425 shares. Macquarie Group Limited invested in 0.1% or 221,383 shares. Wunderlich Capital Managemnt stated it has 19,055 shares. Alliancebernstein Lp holds 0% or 15,310 shares.

Analysts await MYR Group Inc. (NASDAQ:TREE) to report earnings on February, 22. They expect $0.71 earnings per share, up 2.90% or $0.02 from last year's $0.69 per share. MYRG's profit will be $5.43 million for 27.10 P/E if the $0.33 EPS becomes a reality. After having $2.45 EPS previously, Snap-on Incorporated's analysts see 8.57% EPS growth. Therefore 78% are positive. Brink's Company had 11 analyst reports since August 4, 2015 according to SRatingsIntel. Oppenheimer maintained LendingTree, Inc. The rating was upgraded by Longbow on Monday, October 5 to "Buy". The firm has "Buy" rating given on Monday, October 23 by RBC Capital Markets. The firm has "Buy" rating by Needham given on Tuesday, June 20. Needham has "Buy" rating and $375.0 target. The company was maintained on Wednesday, July 27 by Jefferies. The stock of Diebold Nixdorf, Incorporated (NYSE:DBD) has "Overweight" rating given on Monday, September 26 by JP Morgan. The institutional investor held 13,824 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.06M, up from 11,270 at the end of the previous reported quarter. Therefore 44% are positive. SNA was included in 26 notes of analysts from August 20, 2015. The rating was downgraded by Zacks to "Buy" on Thursday, August 20. Oppenheimer maintained Snap-on Incorporated (NYSE:SNA) on Tuesday, May 30 with "Buy" rating. The stock of The Brink's Company (NYSE:BCO) earned "In-Line" rating by Imperial Capital on Thursday, May 25. On Tuesday, June 28 the stock rating was initiated by CL King with "Buy". The stock of Snap-on Incorporated (NYSE:SNA) has "Hold" rating given on Friday, November 3 by Jefferies. Robert W. Baird maintained it with "Buy" rating and $184.0 target in Thursday, October 5 report. The firm has "Market Perform" rating by Wells Fargo given on Monday, September 26. Robert W. Baird maintained it with "Buy" rating and $19700 target in Tuesday, August 1 report. The stock has "Outperform" rating by Oppenheimer on Wednesday, April 12. The firm has "Hold" rating given on Friday, July 7 by Stifel Nicolaus. The company reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.43 by $0.02. The company reported $2.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.43 by $0.02. SNA's profit would be $151.64M giving it 17.25 P/E if the $2.66 EPS is correct. Out of 2 Wall Street analysts rating Snap-On, 2 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold".

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.07, from 1.16 in 2017Q2.

In related news, CEO Nicholas T. Pinchuk sold 20,680 shares of Snap-On stock in a transaction on Friday, December 28th. Sold All: 53 Reduced: 154 Increased: 196 New Position: 58. 424 were accumulated by Sun Life Finance Incorporated. Louisiana State Employees Retirement Systems holds 0.03% in Snap-on Incorporated (NYSE:SNA) or 3,600 shares. Price T Rowe Associate Md accumulated 191,228 shares. Finally, Cornerstone Advisors Inc. raised its stake in Snap-On by 6,315.8% in the third quarter. Redmond Asset Management Limited Com reported 0.28% of its portfolio in Snap-on Incorporated (NYSE:SNA). Amica Pension Fund Board Of Trustees holds 7,255 shares or 0.13% of its portfolio. M&T Financial Bank Corp has invested 0.01% of its portfolio in Snap-on Incorporated (NYSE:SNA).

Diebold Nixdorf, Incorporated provides connected commerce services, software, and technology for financial, commercial, and industrial customers. 1,411 are owned by Ameritas Inv Prns. 9,926 are held by Eads Heald Investment Counsel. Jacobi Capital Management LLC raised its stake in Snap-On by 16.7% in the third quarter.