Market News

Alpine Associates Management Has Increased Its Holding in Imperva (IMPV) as Valuation Rose; Holder Rand Wealth Has Upped Emerson Elec Co (EMR) Position

Emerson Electric Co. (NYSE:EMR) Logo

Robert Emil Zoellner increased its stake in Imperva Inc (IMPV) by 7.69% based on its latest 2017Q4 regulatory filing with the SEC. Alpine Associates Management Inc bought 25,400 shares as the company’s stock rose 8.75% while stock markets declined. The hedge fund run by Robert Emil Zoellner held 355,600 shares of the technology company at the end of 2017Q4, valued at $14.12 million, up from 330,200 at the end of the previous reported quarter. Alpine Associates Management Inc who had been investing in Imperva Inc for a number of months, seems to be bullish on the $1.64B market cap company. The stock decreased 0.32% or $0.15 during the last trading session, reaching $47.25. About 236,595 shares traded. Imperva, Inc. (NYSE:IMPV) has risen 4.82% since May 17, 2017 and is uptrending. It has underperformed by 6.73% the S&P500.

Rand Wealth Llc increased its stake in Emerson Elec Co (EMR) by 93.41% based on its latest 2017Q4 regulatory filing with the SEC. Rand Wealth Llc bought 28,160 shares as the company’s stock declined 2.50% with the market. The institutional investor held 58,308 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $4.06 million, up from 30,148 at the end of the previous reported quarter. Rand Wealth Llc who had been investing in Emerson Elec Co for a number of months, seems to be bullish on the $45.34 billion market cap company. The stock increased 0.17% or $0.12 during the last trading session, reaching $71.95. About 1.60M shares traded. Emerson Electric Co. (NYSE:EMR) has risen 16.24% since May 17, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

More news for Imperva, Inc. (NASDAQ:IMPV) were recently published by: Businesswire.com, which released: “Imperva to Present at Upcoming Conferences” on May 08, 2018. Streetinsider.com‘s article titled: “Elliott’s 13F Shows New Stake in Commault (CVLT), Dish (DISH), Micro Focus (MFGP) (more…)” and published on May 15, 2018 is yet another important article.

Among 27 analysts covering Imperva (NYSE:IMPV), 16 have Buy rating, 2 Sell and 9 Hold. Therefore 59% are positive. Imperva had 81 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Wunderlich to “Hold” on Friday, August 5. The stock of Imperva, Inc. (NASDAQ:IMPV) earned “Buy” rating by Piper Jaffray on Monday, August 28. Needham maintained the shares of IMPV in report on Thursday, February 4 with “Buy” rating. Morgan Stanley downgraded the shares of IMPV in report on Thursday, April 21 to “Underweight” rating. The firm has “Buy” rating given on Sunday, September 24 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, October 18. Guggenheim upgraded the stock to “Buy” rating in Monday, January 11 report. The stock has “Outperform” rating by Imperial Capital on Wednesday, May 18. The stock of Imperva, Inc. (NASDAQ:IMPV) earned “Neutral” rating by BTIG Research on Monday, October 3. The rating was maintained by Deutsche Bank with “Buy” on Friday, August 7.

Investors sentiment decreased to 0.94 in 2017 Q4. Its down 0.49, from 1.43 in 2017Q3. It dropped, as 27 investors sold IMPV shares while 52 reduced holdings. 30 funds opened positions while 44 raised stakes. 29.92 million shares or 2.06% more from 29.31 million shares in 2017Q3 were reported. Art Ltd Llc invested 0.02% in Imperva, Inc. (NASDAQ:IMPV). Asset Mngmt One reported 0% stake. 6,618 were accumulated by Cubist Systematic Strategies Ltd Llc. Pictet Asset Mgmt Ltd owns 510,248 shares for 0.05% of their portfolio. Van Eck Assoc holds 8,240 shares. Eagle Asset Mngmt holds 0.29% or 1.33M shares. Kentucky-based Renaissance Ltd Liability has invested 0.01% in Imperva, Inc. (NASDAQ:IMPV). Sandler invested in 0.36% or 64,510 shares. Spark Investment Mngmt Limited Liability Company has 0.11% invested in Imperva, Inc. (NASDAQ:IMPV). Great West Life Assurance Can owns 2,611 shares for 0% of their portfolio. Rhumbline Advisers has 32,688 shares. 1,625 were accumulated by Victory Capital Mngmt. 2.89M were accumulated by Eminence Capital Lp. Mirae Asset Invests has 26,692 shares. Ameritas Investment Ptnrs Inc holds 0.01% or 2,940 shares in its portfolio.

Alpine Associates Management Inc, which manages about $3.91B and $2.79 billion US Long portfolio, decreased its stake in Hsn Inc (NASDAQ:HSNI) by 407,483 shares to 125,036 shares, valued at $5.04 million in 2017Q4, according to the filing. It also reduced its holding in Huntsman Corp (Call) (NYSE:HUN) by 200,000 shares in the quarter, leaving it with 275,000 shares, and cut its stake in Tribune Media Co.

More recent Emerson Electric Co. (NYSE:EMR) news were published by: Seekingalpha.com which released: “Retirement Strategy: I Am Done Being Wrong About This Market” on May 16, 2018. Also Seekingalpha.com published the news titled: “Emerson Electric: An Autonomous Future” on May 09, 2018. Benzinga.com‘s news article titled: “Emerson Electric Q2 Earnings Preview” with publication date: April 30, 2018 was also an interesting one.

Investors sentiment increased to 0.95 in Q4 2017. Its up 0.09, from 0.86 in 2017Q3. It is positive, as 58 investors sold EMR shares while 427 reduced holdings. 107 funds opened positions while 353 raised stakes. 429.74 million shares or 0.74% less from 432.93 million shares in 2017Q3 were reported. 76,688 are owned by Rockland Trust Communication. Nordea Inv Mgmt Ab reported 0.02% stake. Ghp Inv Advsrs invested in 0.14% or 13,755 shares. Vantage Inv Advisors Lc owns 13,713 shares. Notis reported 20,650 shares. Keybank Natl Association Oh has invested 0.27% of its portfolio in Emerson Electric Co. (NYSE:EMR). Vigilant Capital Mgmt Ltd Liability Corp invested 0.01% of its portfolio in Emerson Electric Co. (NYSE:EMR). Barbara Oil has 1.89% invested in Emerson Electric Co. (NYSE:EMR). Farmers & Merchants Inc has invested 0.42% in Emerson Electric Co. (NYSE:EMR). Fayez Sarofim & Company holds 28,749 shares. 113,640 are owned by Wilkins Counsel. Poplar Forest Cap Limited Com holds 0.1% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 18,755 shares. Honeywell Intll Inc holds 1.42% or 615,000 shares in its portfolio. 26,873 are owned by West Oak Capital. Salient Tru Company Lta holds 0.09% or 12,061 shares in its portfolio.

Rand Wealth Llc, which manages about $862.40M and $913.97 million US Long portfolio, decreased its stake in Vanguard World Fds (VGT) by 4,522 shares to 140,843 shares, valued at $23.20M in 2017Q4, according to the filing. It also reduced its holding in Arista Networks Inc (NYSE:ANET) by 2,775 shares in the quarter, leaving it with 25,097 shares, and cut its stake in Automatic Data Processing In (NASDAQ:ADP).

Among 29 analysts covering Emerson Electric Co. (NYSE:EMR), 12 have Buy rating, 1 Sell and 16 Hold. Therefore 41% are positive. Emerson Electric Co. had 91 analyst reports since August 6, 2015 according to SRatingsIntel. As per Wednesday, January 3, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the shares of EMR in report on Friday, January 19 with “Buy” rating. Morgan Stanley maintained the stock with “Overweight” rating in Monday, October 2 report. The rating was upgraded by HSBC on Friday, March 3 to “Hold”. The firm has “Hold” rating given on Tuesday, August 1 by Cowen & Co. The rating was upgraded by Cowen & Co to “Buy” on Tuesday, October 17. The stock of Emerson Electric Co. (NYSE:EMR) earned “Hold” rating by RBC Capital Markets on Thursday, September 28. The company was upgraded on Wednesday, February 8 by UBS. On Tuesday, February 6 the stock rating was maintained by Robert W. Baird with “Hold”. Berenberg initiated Emerson Electric Co. (NYSE:EMR) rating on Monday, October 3. Berenberg has “Sell” rating and $41 target.

Since December 11, 2017, it had 0 insider buys, and 1 insider sale for $498,900 activity.

Emerson Electric Co. (NYSE:EMR) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *