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Rockwell Automation (ROK) Holder Charter Trust Company Has Boosted Stake; Bank Of New York Mellon Stake in Telephone And Data Systems (TDS) Trimmed by $1.28 Million as Share Price Declined

Bank Of New York Mellon Corp decreased its stake in Telephone And Data Systems (TDS) by 2.7% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of New York Mellon Corp sold 47,256 shares as the company’s stock declined 14.81% while stock markets rallied. The institutional investor held 1.70 million shares of the public utilities company at the end of 2017Q3, valued at $47.54M, down from 1.75 million at the end of the previous reported quarter. Bank Of New York Mellon Corp who had been investing in Telephone And Data Systems for a number of months, seems to be less bullish one the $2.85B market cap company. The stock increased 0.86% or $0.22 during the last trading session, reaching $25.68. About 956,095 shares traded or 59.17% up from the average. Telephone and Data Systems, Inc. (NYSE:TDS) has declined 0.51% since February 17, 2017 and is downtrending. It has underperformed by 17.21% the S&P500.

Charter Trust Company increased its stake in Rockwell Automation Inc (ROK) by 19.48% based on its latest 2017Q3 regulatory filing with the SEC. Charter Trust Company bought 1,951 shares as the company’s stock rose 3.58% with the market. The institutional investor held 11,967 shares of the capital goods company at the end of 2017Q3, valued at $2.13 million, up from 10,016 at the end of the previous reported quarter. Charter Trust Company who had been investing in Rockwell Automation Inc for a number of months, seems to be bullish on the $23.71B market cap company. The stock decreased 0.63% or $1.18 during the last trading session, reaching $185.56. About 845,915 shares traded. Rockwell Automation Inc. (NYSE:ROK) has risen 42.76% since February 17, 2017 and is uptrending. It has outperformed by 26.06% the S&P500.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.24, from 1.26 in 2017Q2. It dived, as 42 investors sold ROK shares while 210 reduced holdings. 56 funds opened positions while 201 raised stakes. 86.14 million shares or 1.05% less from 87.06 million shares in 2017Q2 were reported. Lombard Odier Asset Mgmt (Switzerland) stated it has 0.14% of its portfolio in Rockwell Automation Inc. (NYSE:ROK). Choate Invest, a Massachusetts-based fund reported 2,208 shares. Proshare Advsr Ltd Com accumulated 12,037 shares. Pub Sector Pension Board has invested 0.01% in Rockwell Automation Inc. (NYSE:ROK). Gamco Invsts Et Al owns 287,650 shares. First Bancorporation has 1,690 shares for 0.05% of their portfolio. 162,489 are held by State Of Tennessee Treasury Department. Lodestar Investment Counsel Limited Com Il reported 49,123 shares. Sandy Spring Comml Bank invested in 0.28% or 16,276 shares. Public Employees Retirement Systems Of Ohio invested in 0.05% or 55,188 shares. Norinchukin Retail Bank The, a Japan-based fund reported 9,555 shares. 2.46 million are owned by Alecta Pensionsforsakring Omsesidigt. State Board Of Administration Of Florida Retirement System holds 0.09% in Rockwell Automation Inc. (NYSE:ROK) or 188,684 shares. Fiduciary owns 11,999 shares. Louisiana State Employees Retirement holds 8,000 shares or 0.07% of its portfolio.

Charter Trust Company, which manages about $826.64 million US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 28,208 shares to 1.08 million shares, valued at $26.23 million in 2017Q3, according to the filing. It also reduced its holding in Sysco Corp (NYSE:SYY) by 6,559 shares in the quarter, leaving it with 160,406 shares, and cut its stake in Berkshire Hathaway Inc (BRKB).

Among 29 analysts covering Rockwell Automation (NYSE:ROK), 4 have Buy rating, 3 Sell and 22 Hold. Therefore 14% are positive. Rockwell Automation had 65 analyst reports since September 9, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Tuesday, April 19 report. The stock of Rockwell Automation Inc. (NYSE:ROK) earned “Neutral” rating by JP Morgan on Thursday, January 25. The company was upgraded on Monday, January 9 by Morgan Stanley. The firm earned “Neutral” rating on Monday, January 9 by Bank of America. The rating was initiated by HSBC with “Hold” on Friday, October 7. The firm has “Neutral” rating given on Friday, September 18 by Nomura. The rating was upgraded by JP Morgan to “Neutral” on Thursday, July 27. The firm has “Neutral” rating by Robert W. Baird given on Monday, October 5. The firm earned “Hold” rating on Thursday, July 27 by Oppenheimer. Cowen & Co maintained the stock with “Hold” rating in Thursday, October 26 report.

Since August 16, 2017, it had 0 insider buys, and 11 selling transactions for $26.87 million activity. $2.13M worth of Rockwell Automation Inc. (NYSE:ROK) shares were sold by NOSBUSCH KEITH D. Moret Blake D. sold $293,016 worth of stock or 1,723 shares. Murphy Robert B also sold $139,200 worth of Rockwell Automation Inc. (NYSE:ROK) shares. 145 shares were sold by Goris Patrick P., worth $27,893. On Tuesday, February 6 Kulaszewicz Frank C sold $7.66 million worth of Rockwell Automation Inc. (NYSE:ROK) or 43,100 shares. 28,800 shares valued at $5.80M were sold by Schmitt Susan on Friday, January 26.

Analysts await Telephone and Data Systems, Inc. (NYSE:TDS) to report earnings on February, 23. They expect $-0.02 EPS, up 60.00% or $0.03 from last year’s $-0.05 per share. After $0.08 actual EPS reported by Telephone and Data Systems, Inc. for the previous quarter, Wall Street now forecasts -125.00% negative EPS growth.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.03, from 0.98 in 2017Q2. It improved, as 20 investors sold TDS shares while 73 reduced holdings. 33 funds opened positions while 61 raised stakes. 91.72 million shares or 1.42% more from 90.44 million shares in 2017Q2 were reported. Estabrook Capital Management holds 0.01% or 2,500 shares in its portfolio. Mutual Of America Ltd Llc holds 0.03% or 75,137 shares in its portfolio. Brookfield Asset Management has invested 0.03% in Telephone and Data Systems, Inc. (NYSE:TDS). State Street holds 8.56 million shares or 0.02% of its portfolio. Pnc Group Incorporated, a Pennsylvania-based fund reported 2,775 shares. Employees Retirement Of Texas reported 117,000 shares. Moreover, Smith Moore And Com has 0.06% invested in Telephone and Data Systems, Inc. (NYSE:TDS) for 7,700 shares. Ahl Prtn Limited Liability Partnership reported 0.03% stake. Retail Bank Of New York Mellon has 1.70 million shares for 0.01% of their portfolio. Great West Life Assurance Can owns 55,127 shares for 0% of their portfolio. 650,000 were accumulated by Nwi Mgmt Ltd Partnership. Louisiana State Employees Retirement Systems owns 24,500 shares or 0.03% of their US portfolio. Cantab Cap Llp, United Kingdom-based fund reported 45,711 shares. Swiss Comml Bank has 163,800 shares. Meeder Asset Management Incorporated invested 0.16% in Telephone and Data Systems, Inc. (NYSE:TDS).

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