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Mercadolibre (MELI) Stock Price Rose While Carmignac Gestion Trimmed Stake by $39.45 Million; Northwest Investment Counselors Trimmed Rockwell Automation (ROK) Stake by $883,176 as Valuation Declined

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Carmignac Gestion decreased its stake in Mercadolibre Inc (MELI) by 5.18% based on its latest 2017Q4 regulatory filing with the SEC. Carmignac Gestion sold 125,644 shares as the company’s stock rose 11.87% while stock markets declined. The institutional investor held 2.30 million shares of the miscellaneous company at the end of 2017Q4, valued at $723.90M, down from 2.43 million at the end of the previous reported quarter. Carmignac Gestion who had been investing in Mercadolibre Inc for a number of months, seems to be less bullish one the $12.83 billion market cap company. The stock decreased 1.61% or $4.77 during the last trading session, reaching $290.6. About 472,576 shares traded. MercadoLibre, Inc. (NASDAQ:MELI) has risen 66.47% since May 22, 2017 and is uptrending. It has outperformed by 54.92% the S&P500.

Northwest Investment Counselors Llc decreased its stake in Rockwell Automation Inc (ROK) by 34.37% based on its latest 2017Q4 regulatory filing with the SEC. Northwest Investment Counselors Llc sold 4,506 shares as the company’s stock declined 10.98% with the market. The institutional investor held 8,603 shares of the capital goods company at the end of 2017Q4, valued at $1.69 million, down from 13,109 at the end of the previous reported quarter. Northwest Investment Counselors Llc who had been investing in Rockwell Automation Inc for a number of months, seems to be less bullish one the $23.07B market cap company. The stock increased 0.73% or $1.33 during the last trading session, reaching $183.67. About 758,099 shares traded. Rockwell Automation Inc. (NYSE:ROK) has risen 13.32% since May 22, 2017 and is uptrending. It has outperformed by 1.77% the S&P500.

More news for Rockwell Automation Inc. (NYSE:ROK) were recently published by: Businesswire.com, which released: “NioCorp Awards Contract to Rockwell Automation on Groundbreaking Critical Minerals, Mining and Processing Facility …” on May 21, 2018. Streetinsider.com‘s article titled: “Rockwell Automation (ROK) Raises Quarterly Dividend 10.2% to $0.92; 2.3% Yield” and published on April 25, 2018 is yet another important article.

Northwest Investment Counselors Llc, which manages about $246.31M and $248.13 million US Long portfolio, upped its stake in Claymore Exchange Trd Fd Tr (BSCI) by 23,285 shares to 24,049 shares, valued at $507,000 in 2017Q4, according to the filing. It also increased its holding in Amazon Com Inc (NASDAQ:AMZN) by 325 shares in the quarter, for a total of 386 shares, and has risen its stake in Spdr Ser Tr (SJNK).

Among 30 analysts covering Rockwell Automation (NYSE:ROK), 5 have Buy rating, 3 Sell and 22 Hold. Therefore 17% are positive. Rockwell Automation had 74 analyst reports since September 9, 2015 according to SRatingsIntel. Barclays Capital downgraded Rockwell Automation Inc. (NYSE:ROK) on Monday, October 5 to “Equal-Weight” rating. On Thursday, July 27 the stock rating was maintained by Oppenheimer with “Hold”. As per Thursday, January 25, the company rating was maintained by Citigroup. The firm earned “Neutral” rating on Thursday, January 25 by JP Morgan. The rating was maintained by Credit Suisse on Friday, April 28 with “Hold”. The stock of Rockwell Automation Inc. (NYSE:ROK) earned “Neutral” rating by Credit Suisse on Wednesday, August 23. As per Thursday, October 29, the company rating was downgraded by Bank of America. The firm earned “Hold” rating on Wednesday, April 19 by Gabelli. The firm has “Buy” rating by Deutsche Bank given on Wednesday, November 11. The rating was maintained by UBS with “Buy” on Thursday, April 26.

Analysts await Rockwell Automation Inc. (NYSE:ROK) to report earnings on July, 25. They expect $2.03 earnings per share, up 15.34% or $0.27 from last year’s $1.76 per share. ROK’s profit will be $254.92M for 22.62 P/E if the $2.03 EPS becomes a reality. After $1.89 actual earnings per share reported by Rockwell Automation Inc. for the previous quarter, Wall Street now forecasts 7.41% EPS growth.

Investors sentiment increased to 1.08 in Q4 2017. Its up 0.06, from 1.02 in 2017Q3. It improved, as 34 investors sold ROK shares while 226 reduced holdings. 95 funds opened positions while 187 raised stakes. 84.33 million shares or 2.10% less from 86.14 million shares in 2017Q3 were reported. First Republic Invest Incorporated owns 11,607 shares or 0.02% of their US portfolio. Mckinley Cap Mgmt Limited Company Delaware stated it has 0.02% in Rockwell Automation Inc. (NYSE:ROK). Hbk Ltd Partnership stated it has 0.04% in Rockwell Automation Inc. (NYSE:ROK). Northwestern Mutual Wealth Com invested 0.01% in Rockwell Automation Inc. (NYSE:ROK). Swedbank, a Sweden-based fund reported 1.03M shares. Hightower Llc invested in 11,814 shares or 0.02% of the stock. California State Teachers Retirement System holds 0.09% or 213,750 shares. Allsquare Wealth Mgmt Ltd has invested 0% in Rockwell Automation Inc. (NYSE:ROK). Chevy Chase Holdings owns 113,330 shares or 0.1% of their US portfolio. Bnp Paribas Arbitrage Sa holds 32,641 shares. Rhumbline Advisers stated it has 273,217 shares or 0.11% of all its holdings. Martin Currie reported 3,800 shares stake. Marietta Inv Prtnrs Limited Liability Co reported 2,394 shares stake. Stephens Mngmt Grp reported 50,398 shares. Regions Corp reported 0.01% in Rockwell Automation Inc. (NYSE:ROK).

Since December 8, 2017, it had 0 insider purchases, and 14 sales for $29.43 million activity. MCDERMOTT JOHN P sold $364,813 worth of stock or 1,950 shares. On Friday, January 26 NOSBUSCH KEITH D sold $2.13 million worth of Rockwell Automation Inc. (NYSE:ROK) or 10,500 shares. Shares for $139,200 were sold by Murphy Robert B on Thursday, February 1. Goris Patrick P. sold $980,000 worth of Rockwell Automation Inc. (NYSE:ROK) on Tuesday, January 30. 10,400 Rockwell Automation Inc. (NYSE:ROK) shares with value of $2.11 million were sold by DORGAN DAVID M. Fooks Elik I had sold 5,000 shares worth $932,501 on Thursday, February 22.

Among 15 analysts covering MercadoLibre (NASDAQ:MELI), 6 have Buy rating, 2 Sell and 7 Hold. Therefore 40% are positive. MercadoLibre had 47 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, March 15 by Stifel Nicolaus. The stock of MercadoLibre, Inc. (NASDAQ:MELI) has “Neutral” rating given on Monday, December 5 by Susquehanna. The firm has “Overweight” rating given on Friday, August 5 by Piper Jaffray. The rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, June 13. On Monday, March 14 the stock rating was maintained by JP Morgan with “Neutral”. KeyBanc Capital Markets maintained the shares of MELI in report on Tuesday, September 5 with “Buy” rating. Bank of America upgraded the stock to “Buy” rating in Monday, January 30 report. As per Wednesday, February 28, the company rating was upgraded by JP Morgan. The stock of MercadoLibre, Inc. (NASDAQ:MELI) has “Hold” rating given on Wednesday, March 2 by HSBC. The stock has “Hold” rating by J.P. Morgan on Wednesday, August 9.

More notable recent MercadoLibre, Inc. (NASDAQ:MELI) news were published by: Globenewswire.com which released: “MercadoLibre, Inc. Reports First Quarter Financial Results” on May 09, 2018, also Fool.com with their article: “The 3 Stocks on the MFM Team’s Radar” published on May 17, 2018, Streetinsider.com published: “Tiger Global’s 13F Shows New Stake in Twitter (TWTR), Mercado (MELI), Increases Stake in Amazon (AMZN) (more…)” on May 15, 2018. More interesting news about MercadoLibre, Inc. (NASDAQ:MELI) were released by: Nasdaq.com and their article: “MercadoLibre Executives Talk Accounting Regs, Merchant Loans, and Profits” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “MercadoLibre, Inc. 2018 Q1 – Results – Earnings Call Slides” with publication date: May 10, 2018.

Carmignac Gestion, which manages about $15.05 billion US Long portfolio, upped its stake in Allegheny Technologies Inc (NYSE:ATI) by 100,000 shares to 530,000 shares, valued at $12.79M in 2017Q4, according to the filing. It also increased its holding in T (NYSE:TMUS) by 62,237 shares in the quarter, for a total of 5.91 million shares, and has risen its stake in Sponsored Adr.

Rockwell Automation Inc. (NYSE:ROK) Institutional Positions Chart

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