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Catterton Management Company Has Increased Stake in Noodles & Co (NDLS) by $17.09 Million as Stock Value Rose; Emerson Electric (EMR) Shareholder Ronna Sue Cohen Has Cut Its Holding as Stock Price Declined

Ronna Sue Cohen decreased its stake in Emerson Electric (EMR) by 68.09% based on its latest 2017Q3 regulatory filing with the SEC. Ronna Sue Cohen sold 46,623 shares as the company’s stock declined 4.02% while stock markets rallied. The institutional investor held 21,849 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $1.37 million, down from 68,472 at the end of the previous reported quarter. Ronna Sue Cohen who had been investing in Emerson Electric for a number of months, seems to be less bullish one the $47.20 billion market cap company. The stock increased 0.04% or $0.03 during the last trading session, reaching $73.91. About 3.50M shares traded. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since January 13, 2017 and is uptrending. It has outperformed by 1.77% the S&P500.

Catterton Management Company Llc increased its stake in Noodles & Co (NDLS) by 62.5% based on its latest 2017Q3 regulatory filing with the SEC. Catterton Management Company Llc bought 4.27 million shares as the company’s stock rose 25.00% with the market. The hedge fund held 11.11M shares of the restaurants company at the end of 2017Q3, valued at $48.87 million, up from 6.83 million at the end of the previous reported quarter. Catterton Management Company Llc who had been investing in Noodles & Co for a number of months, seems to be bullish on the $236.43 million market cap company. The stock increased 1.77% or $0.1 during the last trading session, reaching $5.75. About 64,632 shares traded. Noodles & Company (NASDAQ:NDLS) has declined 49.79% since January 13, 2017 and is downtrending. It has underperformed by 66.49% the S&P500.

Ronna Sue Cohen, which manages about $131.15M US Long portfolio, upped its stake in United Parcel Service (NYSE:UPS) by 4,630 shares to 25,255 shares, valued at $3.03 million in 2017Q3, according to the filing.

Since August 31, 2017, it had 0 insider purchases, and 2 sales for $616,887 activity. Another trade for 2,000 shares valued at $117,987 was sold by Sharp Robert T.

Among 28 analysts covering Emerson Electric Co. (NYSE:EMR), 8 have Buy rating, 2 Sell and 18 Hold. Therefore 29% are positive. Emerson Electric Co. had 75 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Emerson Electric Co. (NYSE:EMR) has “Buy” rating given on Wednesday, July 19 by Stifel Nicolaus. The company was maintained on Thursday, July 20 by Cowen & Co. Barclays Capital maintained Emerson Electric Co. (NYSE:EMR) on Wednesday, August 5 with “Equal Weight” rating. The stock has “Buy” rating by Cowen & Co on Tuesday, October 17. As per Friday, August 19, the company rating was downgraded by Credit Suisse. Edward Jones downgraded the shares of EMR in report on Friday, November 17 to “Hold” rating. The stock of Emerson Electric Co. (NYSE:EMR) earned “Neutral” rating by UBS on Wednesday, February 8. The stock of Emerson Electric Co. (NYSE:EMR) has “Hold” rating given on Monday, July 10 by RBC Capital Markets. The stock of Emerson Electric Co. (NYSE:EMR) earned “Hold” rating by Societe Generale on Thursday, November 5. On Thursday, November 16 the stock rating was initiated by Cowen & Co with “Hold”.

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.14, from 1 in 2017Q2. It is negative, as 44 investors sold EMR shares while 444 reduced holdings. 92 funds opened positions while 328 raised stakes. 432.93 million shares or 1.76% less from 440.67 million shares in 2017Q2 were reported. Banque Pictet & Cie Sa holds 0.01% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 6,473 shares. Kornitzer Cap Mgmt Ks accumulated 123,570 shares or 0.14% of the stock. Bnp Paribas Arbitrage Sa has invested 0.06% in Emerson Electric Co. (NYSE:EMR). Ferguson Wellman Cap owns 7,532 shares. Busey Tru reported 6,834 shares stake. 1St Source Bancorp invested 0.07% in Emerson Electric Co. (NYSE:EMR). Sasco Cap Ct holds 1.52% or 672,953 shares in its portfolio. Marshall Wace Llp holds 0.04% or 14,668 shares in its portfolio. The Alabama-based Welch Gru Ltd Liability Corp has invested 2.96% in Emerson Electric Co. (NYSE:EMR). Central Bank And accumulated 0.03% or 2,100 shares. Freestone Limited Company holds 0.31% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 69,528 shares. The Massachusetts-based Cape Cod Five Cents Bankshares has invested 0.36% in Emerson Electric Co. (NYSE:EMR). Duncker Streett & Inc invested in 24,989 shares. Fmr Ltd reported 0.01% of its portfolio in Emerson Electric Co. (NYSE:EMR). Northstar Inv Advsr Ltd Liability Com holds 1.75% or 142,441 shares in its portfolio.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on February, 6. They expect $0.54 earnings per share, up 10.20% or $0.05 from last year’s $0.49 per share. EMR’s profit will be $344.87M for 34.22 P/E if the $0.54 EPS becomes a reality. After $0.83 actual earnings per share reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts -34.94% negative EPS growth.

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