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EPS for Methode Electronics, Inc. (MEI) Expected At $0.74; California State Teachers Retirement System Has Upped Brown Brown (BRO) Stake By $4.47 Million

Methode Electronics, Inc. (NYSE:MEI) Logo

Analysts expect Methode Electronics, Inc. (NYSE:MEI) to report $0.74 EPS on June, 28.They anticipate $0.05 EPS change or 7.25% from last quarter’s $0.69 EPS. MEI’s profit would be $27.26 million giving it 14.10 P/E if the $0.74 EPS is correct. After having $0.87 EPS previously, Methode Electronics, Inc.’s analysts see -14.94% EPS growth. The stock increased 0.72% or $0.3 during the last trading session, reaching $41.75. About 145,018 shares traded. Methode Electronics, Inc. (NYSE:MEI) has declined 0.37% since June 6, 2017 and is downtrending. It has underperformed by 12.94% the S&P500. Some Historical MEI News: ; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decreasing lnflammation and Autoimmune Disorders; 15/03/2018 – Methode Electronics’ Board Approves Dividend; 23/04/2018 – DJ Methode Electronics Inc, Inst Holders, 1Q 2018 (MEI); 15/03/2018 – Methode Electronics’ Board Approves Dividend; 13/03/2018 – Methode Electronics Closes Above 200-Day Moving Average; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce the Research Results on the Impact of a Biofield Energy Treated Nutraceutical for; 12/03/2018 – METHODE SAYS RONALD TSOUMAS TO SUCCEED JOHN HRUDICKA AS CFO; 27/04/2018 – BANK OF CHINA LTD 3988.HK – APPROVED APPOINTMENT OF MEI FEIQI AS SECRETARY TO BOARD; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce the Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decreasing Autoimmune and lnflammatory Disorders; 29/03/2018 – Report: Exploring Fundamental Drivers Behind Anavex Life Sciences, Methode Electronics, Wesco Aircraft, Monotype Imaging, Tejon

California State Teachers Retirement System increased Brown Brown Inc (BRO) stake by 90.74% reported in 2018Q1 SEC filing. California State Teachers Retirement System acquired 178,998 shares as Brown Brown Inc (BRO)’s stock rose 4.20%. The California State Teachers Retirement System holds 376,270 shares with $9.57M value, up from 197,272 last quarter. Brown Brown Inc now has $7.77 billion valuation. The stock increased 0.18% or $0.05 during the last trading session, reaching $28.15. About 438,353 shares traded. Brown & Brown, Inc. (NYSE:BRO) has risen 29.47% since June 6, 2017 and is uptrending. It has outperformed by 16.90% the S&P500. Some Historical BRO News: ; 23/04/2018 – Brown & Brown, Inc. Announces Quarterly Revenues of $501.5 Million, an Increase of 7.8%; Diluted Net Income per Share of $0.32;; 23/04/2018 – Brown & Brown 1Q Rev $501.5M; 19/04/2018 – DJ Brown & Brown Inc, Inst Holders, 1Q 2018 (BRO); 11/04/2018 – Brown & Brown, Inc. Announces the Asset Acquisition of Manning & Nozick Insurance Agency; 23/04/2018 – BROWN & BROWN 1Q REV. $501.5M, EST. $492.9M; 14/05/2018 – Brown & Brown, Inc. Announces the Asset Acquisition of Automotive Development Group, LLC; 08/05/2018 – BROWN & BROWN INC BRO.N : CITIGROUP RAISES TARGET PRICE TO $25 FROM $24.5; 01/05/2018 – BROWN & BROWN, IN PACT TO BUY SERVCO PACIFIC INSURANCE; 23/04/2018 – Brown & Brown 1Q Net $90.8M; 23/04/2018 – BROWN & BROWN 1Q ADJ EPS 29C, EST. 30C

Since March 13, 2018, it had 0 insider purchases, and 1 insider sale for $7.40 million activity. On Tuesday, March 13 the insider BROWN HYATT J sold $7.40 million.

More recent Brown & Brown, Inc. (NYSE:BRO) news were published by: Globenewswire.com which released: “Report: Developing Opportunities within Stifel Financial, Cenovus Energy, Brown & Brown, Dover, Affiliated Managers …” on May 31, 2018. Also Twst.com published the news titled: “Interview with the CEO: Brown & Brown, Inc. (NYSE:BRO)” on May 11, 2018. Nasdaq.com‘s news article titled: “Brown & Brown, Inc. Announces the Asset Acquisition of Automotive Development Group, LLC” with publication date: May 14, 2018 was also an interesting one.

Investors sentiment increased to 7.35 in Q1 2018. Its up 6.37, from 0.98 in 2017Q4. It increased, as 13 investors sold BRO shares while 18 reduced holdings. 50 funds opened positions while 178 raised stakes. 384.28 million shares or 295.49% more from 97.17 million shares in 2017Q4 were reported. Stratos Wealth Ptnrs Ltd invested 0% of its portfolio in Brown & Brown, Inc. (NYSE:BRO). Blackrock holds 20.03M shares. Fenimore Asset Mngmt Inc reported 2.85M shares. Manufacturers Life Ins The has 366,566 shares for 0.01% of their portfolio. Apg Asset Mngmt Nv accumulated 851,400 shares. Moreover, Aqr Mngmt Ltd has 0.01% invested in Brown & Brown, Inc. (NYSE:BRO). Brown Brothers Harriman Communications holds 0% of its portfolio in Brown & Brown, Inc. (NYSE:BRO) for 17,648 shares. Ruggie Capital Grp Inc holds 2,195 shares. Comerica Fincl Bank holds 0.03% or 180,150 shares in its portfolio. State Of Alaska Department Of Revenue has invested 0.01% in Brown & Brown, Inc. (NYSE:BRO). Park Oh has 0.25% invested in Brown & Brown, Inc. (NYSE:BRO). Suntrust Banks owns 0% invested in Brown & Brown, Inc. (NYSE:BRO) for 8,548 shares. Financial Bank Of Nova Scotia invested in 0.01% or 38,500 shares. Clarkston Capital Ptnrs Ltd Liability Com reported 5.17 million shares. Commonwealth Of Pennsylvania School Empls Retrmt Sys holds 61,676 shares.

Among 15 analysts covering Brown & Brown (NYSE:BRO), 3 have Buy rating, 3 Sell and 9 Hold. Therefore 20% are positive. Brown & Brown has $55.0 highest and $23 lowest target. $32.18’s average target is 14.32% above currents $28.15 stock price. Brown & Brown had 57 analyst reports since August 24, 2015 according to SRatingsIntel. On Thursday, April 26 the stock rating was maintained by Raymond James with “Outperform”. The firm has “Underweight” rating given on Monday, October 16 by Barclays Capital. The rating was downgraded by SunTrust to “Neutral” on Thursday, January 7. The stock of Brown & Brown, Inc. (NYSE:BRO) has “Neutral” rating given on Wednesday, July 20 by Compass Point. The rating was maintained by RBC Capital Markets with “Hold” on Monday, June 12. The stock of Brown & Brown, Inc. (NYSE:BRO) earned “Hold” rating by Keefe Bruyette & Woods on Friday, June 2. RBC Capital Markets maintained Brown & Brown, Inc. (NYSE:BRO) on Wednesday, July 20 with “Sector Perform” rating. The company was maintained on Wednesday, April 19 by Wells Fargo. JP Morgan initiated the stock with “Underweight” rating in Tuesday, June 28 report. The firm has “Hold” rating by Deutsche Bank given on Thursday, March 29.

California State Teachers Retirement System decreased Flir Systems Inc (NASDAQ:FLIR) stake by 7,467 shares to 229,334 valued at $11.47M in 2018Q1. It also reduced Cdw Corp/De (NASDAQ:CDW) stake by 7,957 shares and now owns 237,375 shares. Spdr Ssga Gender Diversity Ind was reduced too.

Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. The company has market cap of $1.54 billion. The firm operates through four divisions: Automotive, Interface, Power Products, and Other. It has a 36.02 P/E ratio. The Automotive segment offers electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers.

Among 3 analysts covering Methode Electronics (NYSE:MEI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Methode Electronics had 13 analyst reports since September 4, 2015 according to SRatingsIntel. FBR Capital maintained the stock with “Buy” rating in Friday, March 2 report. The firm has “Buy” rating given on Friday, June 23 by Robert W. Baird. On Friday, December 9 the stock rating was maintained by FBR Capital with “Outperform”. The firm has “Outperform” rating by Robert W. Baird given on Friday, March 2. On Friday, December 8 the stock rating was maintained by Robert W. Baird with “Buy”. The stock has “Buy” rating by FBR Capital on Tuesday, December 5. The company was downgraded on Friday, September 2 by Craig Hallum. The company was upgraded on Friday, September 4 by Craig Hallum. As per Thursday, September 21, the company rating was maintained by Robert W. Baird. Robert W. Baird maintained it with “Buy” rating and $46.0 target in Monday, October 16 report.

Another recent and important Methode Electronics, Inc. (NYSE:MEI) news was published by Globenewswire.com which published an article titled: “Consolidated Research: 2018 Summary Expectations for Tilly’s, Nanometrics, Methode Electronics, Zillow Group …” on May 23, 2018.

Brown & Brown, Inc. (NYSE:BRO) Institutional Positions Chart

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