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Mitsubishi UFJ Trust sold shares in Fastenal, which saw a major earnings rise but slightly missed EPS estimates.
Several institutional investors have adjusted their stakes in Fastenal, with Mitsubishi UFJ Trust & Banking Corp selling 56,726 shares, reducing its holdings to $70 million worth. Fastenal saw a 440.7% earnings increase in Q4 but missed EPS estimates by $0.02. The company has a market cap of $44.21 billion and pays a $1.72 annual dividend, yielding 2.23%. Institutional ownership stands at 81.38%, with recent activity from various funds.
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