Emerson Electric Company (EMR) Shares Sold by Ameriprise Financial Inc

Marco Green
January 22, 2018

About 3.54 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since January 22, 2017 and is uptrending.

Maryland Capital Management decreased General Electric Co (GE) stake by 72.28% reported in 2017Q3 SEC filing. Acropolis Investment Management Llc sold 7,159 shares as Emerson Elec Co (EMR)'s stock declined 4.02%. The stock was acquired at an average price of $18.27 per share, for a total transaction of $1,096,200.00. The stock has -2.98% to a low over the previous 12 months and showed -48.12% to a high over the same period. The stock decreased 3.04% or $0.51 during the last trading session, reaching $16.26. About 214.95 million shares traded or 140.60% up from the average.

Riverbridge Partners LLC cut its holdings in shares of General Electric (NYSE:GE) by 86.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. It has underperformed by 65.09% the S&P500.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It is negative, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. Family Capital Trust Com holds 2.06% or 168,850 shares. Eubel Brady And Suttman Asset Mngmt has invested 0.14% of its portfolio in General Electric Company (NYSE:GE). Page Arthur B accumulated 46,112 shares. Kentucky Retirement accumulated 534,726 shares. Crossvault Limited Liability Company holds 0.19% or 13,764 shares in its portfolio. Minnesota-based Ameriprise has invested 0.01% in Emerson Electric Co. Congress Asset Co Ma owns 195,559 shares or 0.13% of their United States portfolio. Arrow Fincl Corp accumulated 199,631 shares. The New Jersey-based Selkirk Management Llc has invested 5.47% in the stock. Davidson Garrard holds 0.33% or 22,620 shares. M&R Mgmt has invested 0.02% in Emerson Electric Co. Oppenheimer Asset holds 0.23% or 205,537 shares in its portfolio. (NYSE:EMR). Ledyard Natl Bank, a New Hampshire-based fund reported 81,157 shares. The institutional investor held 260,490 shares of the consumer non-durables company at the end of 2017Q3, valued at $4.29 million, up from 239,245 at the end of the previous reported quarter.

Since August 8, 2017, it had 2 insider buys, and 1 sale for $4.48 million activity. (NYSE:EMR) earned "Hold" rating by Canaccord Genuity on Wednesday, August 5. Also, VP Bell Katherine Button sold 7,518 shares of the stock in a transaction that occurred on Monday, December 11th. Therefore 14% are positive. Susquehanna Limited Liability Partnership invested 0.09% in General Electric Company (NYSE:GE). Vertical Research upgraded Emerson Electric from a "hold" rating to a "buy" rating in a research report on Tuesday, January 2nd. The stock has "Buy" rating by UBS on Wednesday, October 12. As per Monday, October 9, the company rating was maintained by J.P. Morgan. The firm has "Buy" rating given on Wednesday, May 11 by Argus Research. As per Thursday, January 21, the company rating was initiated by Citigroup. The firm has "Hold" rating given on Monday, July 17 by Oppenheimer. The stock's short float is around of 1.30% and short ratio is 1.24. Edward Jones downgraded Emerson Electric Co. When volumes suddenly increase above normal levels, it can be a sign that investors feel very strongly in one way or the other about the future direction of a stock, or may even have access to inside information. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.64 and a quick ratio of 1.30. 115 funds opened positions while 384 raised stakes.

TRADEMARK VIOLATION NOTICE: This story was first reported by The Lincolnian Online and is the property of of The Lincolnian Online. Mai Mgmt has 595,804 shares for 0.87% of their portfolio. (NYSE:LOW). R G Niederhoffer Mngmt Incorporated reported 3.91% stake. Wealthtrust Axiom Limited Com reported 216,161 shares. Sfe Inv Counsel has invested 2.29% in Lowe's Companies, Inc. Spinnaker Tru stated it has 0.13% in Emerson Electric Co.

The company now has an insider ownership of 0.09 Percent and Institutional ownership of 57.8 Percent. For the past month, shares are 6.99%. Wright Investors Ser owns 43,182 shares for 0.38% of their portfolio.

Several equities research analysts have recently weighed in on EMR shares. Dowling And Yahnke Ltd Liability Co reported 0.4% in Celgene Corporation (NASDAQ:CELG). Institutional investors own 55.62% of the company's stock. Centers Of America Incorporated holds 12,242 shares. (NYSE:LOW) for 900,000 shares. Nbt Retail Bank N A NY stated it has 403,910 shares. Norinchukin Bancorporation The holds 0.04% or 53,040 shares.

In related news, Director James E. Rohr bought 27,425 shares of the stock in a transaction on Monday, July 24th. Six analysts have rated the stock with a sell rating, nine have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Therefore 33% are positive. Lowe's Companies Inc. had 78 analyst reports since August 19, 2015 according to SRatingsIntel. NEXT Financial Group Inc now owns 4,081 shares of the industrial products company's stock worth $243,000 after purchasing an additional 964 shares during the period. The company was maintained on Wednesday, November 1 by JP Morgan. RBC Capital Markets has "Sector Perform" rating and $50 target. Stifel Nicolaus maintained Under Armour, Inc. (NYSE:EMR) for 38,437 shares. Goldman Sachs maintained Lowe's Companies, Inc. (NYSE:UA) rating on Monday, November 28. Jefferies maintained Lowe's Companies, Inc. Deutsche Bank has "Sell" rating and $18.0 target. The firm earned "Hold" rating on Thursday, November 5 by Societe Generale.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Other reports by Click Lancashire

Discuss This Article