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North Star Asset Management Has Lowered Emerson Electric (EMR) Stake as Valuation Declined; As Lee Enterprises (LEE) Share Value Declined, Rbf Capital Raised by $604,202 Its Holding

Emerson Electric Co. (NYSE:EMR) Logo

Rbf Capital Llc increased its stake in Lee Enterprises Inc (LEE) by 236.49% based on its latest 2017Q4 regulatory filing with the SEC. Rbf Capital Llc bought 302,101 shares as the company’s stock declined 14.89% with the market. The institutional investor held 429,843 shares of the consumer services company at the end of 2017Q4, valued at $1.01 million, up from 127,742 at the end of the previous reported quarter. Rbf Capital Llc who had been investing in Lee Enterprises Inc for a number of months, seems to be bullish on the $132.62 million market cap company. The stock increased 3.33% or $0.075 during the last trading session, reaching $2.325. About 19,953 shares traded. Lee Enterprises, Incorporated (NYSE:LEE) has declined 24.53% since May 17, 2017 and is downtrending. It has underperformed by 36.08% the S&P500.

North Star Asset Management Inc decreased its stake in Emerson Electric (EMR) by 23.12% based on its latest 2017Q4 regulatory filing with the SEC. North Star Asset Management Inc sold 5,555 shares as the company’s stock declined 2.50% with the market. The institutional investor held 18,469 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.29M, down from 24,024 at the end of the previous reported quarter. North Star Asset Management Inc who had been investing in Emerson Electric for a number of months, seems to be less bullish one the $45.89B market cap company. The stock increased 1.22% or $0.88 during the last trading session, reaching $72.83. About 1.58 million 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.

Investors sentiment increased to 0.95 in Q4 2017. Its up 0.09, from 0.86 in 2017Q3. It improved, 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. Plancorp Lc owns 286,298 shares or 6.51% of their US portfolio. Neuberger Berman Gru Ltd Liability accumulated 155,558 shares. South Carolina-based Greenwood Capital Assocs Ltd Liability Corporation has invested 1.41% in Emerson Electric Co. (NYSE:EMR). Moreover, Tiemann Inv Advsr Llc has 0.29% invested in Emerson Electric Co. (NYSE:EMR) for 5,149 shares. Colony Ltd invested 0.05% in Emerson Electric Co. (NYSE:EMR). Alps reported 727,563 shares. Moreover, Trustco Bank Corporation N Y has 0.31% invested in Emerson Electric Co. (NYSE:EMR) for 4,362 shares. Jupiter Asset Mngmt Ltd stated it has 163,120 shares or 0.33% of all its holdings. Signaturefd Ltd Com owns 0.06% invested in Emerson Electric Co. (NYSE:EMR) for 7,374 shares. Kings Point Cap Mngmt has 0.02% invested in Emerson Electric Co. (NYSE:EMR). Dillon & Associates Inc reported 4,057 shares. 74,663 were reported by Greatmark Investment Ptnrs Incorporated. Telos Capital Mngmt Incorporated invested in 0.16% or 6,345 shares. Moreover, Quantitative Inv Mgmt Ltd Liability Co has 0.24% invested in Emerson Electric Co. (NYSE:EMR). First Trust Advsrs LP owns 0.13% invested in Emerson Electric Co. (NYSE:EMR) for 782,285 shares.

More notable recent Emerson Electric Co. (NYSE:EMR) news were published by: Streetinsider.com which released: “Emerson Electric (EMR) Reports Agreement to Acquire Aventics from Triton for Approx $621.5M” on May 17, 2018, also Seekingalpha.com with their article: “Emerson Electric: An Autonomous Future” published on May 09, 2018, Benzinga.com published: “Emerson Electric Q2 Earnings Preview” on April 30, 2018. More interesting news about Emerson Electric Co. (NYSE:EMR) were released by: Twst.com and their article: “Emerson Electric Co.: Emerson Agrees to Buy Aventics” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Retirement Strategy: I Am Done Being Wrong About This Market” with publication date: May 16, 2018.

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

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on August, 7. They expect $0.86 EPS, up 26.47% or $0.18 from last year’s $0.68 per share. EMR’s profit will be $541.87M for 21.17 P/E if the $0.86 EPS becomes a reality. After $0.76 actual EPS reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 13.16% EPS growth.

North Star Asset Management Inc, which manages about $1.15B and $1.11 billion US Long portfolio, upped its stake in United Parcel (NYSE:UPS) by 30,371 shares to 43,026 shares, valued at $5.13M in 2017Q4, according to the filing. It also increased its holding in Hologic Inc (NASDAQ:HOLX) by 58,352 shares in the quarter, for a total of 222,423 shares, and has risen its stake in Newfield Explor (NYSE:NFX).

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 Friday, February 9, the company rating was upgraded by J.P. Morgan. The firm has “Hold” rating given on Tuesday, June 6 by Oppenheimer. The firm has “Buy” rating by Stifel Nicolaus given on Friday, January 19. Deutsche Bank maintained it with “Hold” rating and $53 target in Tuesday, August 25 report. The stock of Emerson Electric Co. (NYSE:EMR) has “Buy” rating given on Friday, February 16 by Stifel Nicolaus. On Wednesday, August 5 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. RBC Capital Markets maintained Emerson Electric Co. (NYSE:EMR) on Tuesday, August 1 with “Hold” rating. As per Wednesday, April 12, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the shares of EMR in report on Tuesday, April 3 with “Buy” rating. The company was maintained on Monday, July 18 by Barclays Capital.

More recent Lee Enterprises, Incorporated (NYSE:LEE) news were published by: Seekingalpha.com which released: “Lee Enterprises’ (LEE) CEO Kevin Mowbray on Q2 2018 Results – Earnings Call Transcript” on May 05, 2018. Also Globenewswire.com published the news titled: “Lee Enterprises plans quarterly call and webcast May 3, 2018” on April 26, 2018. Globenewswire.com‘s news article titled: “Lee Enterprises reports second quarter results” with publication date: May 03, 2018 was also an interesting one.

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

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