The Emerson Electric Company (EMR) Shares Sold by HighTower Advisors LLC
- Author: Zachary Reyes Feb 13, 2017,
Feb 13, 2017, 23:17
First Trust Advisors LP raised its stake in shares of El Paso Electric Company by 7.9% in the third quarter.
ILLEGAL ACTIVITY WARNING: "El Paso Electric Company (EE) Receives Consensus Recommendation of "Hold" from Brokerages" was reported by Sports Perspectives and is the sole property of of Sports Perspectives. The insider owns 1,483,589 shares as of less than 0.1%, now worth $44092265.08. The stock has a market capitalization of $3.89 billion, a P/E ratio of 21.27 and a beta of 0.31. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.07. Finally, Vetr downgraded Emerson Electric Company from a "sell" rating to a "strong sell" rating and set a $44.20 price objective for the company.in a research note on Monday, November 7th. Meanwhile, Senior Vice President Bornstein Jeffrey S purchased 5,000 shares worth $148000.15, through a transaction dated 2017-01-31. Equities research analysts expect that Emerson Electric Company will post $2.45 earnings per share for the current year. Finally, SRB Corp raised its stake in Emerson Electric Company by 5.0% in the third quarter. General Electric Company is headquartered in Fairfield, Connecticut.
Many Analysts provided their foresight on Revenue Estimates of Emerson Electric Co. where they believe that the company has the potential to earn average revenue of $3.53 Billion for the current quarter. BlackRock Fund Advisors now owns 12,292,977 shares of the company's stock valued at $670,090,000 after buying an additional 528,473 shares during the last quarter. Barclays PLC boosted their target price on shares of Portland General Electric Company from $39.00 to $41.00 and gave the stock a "sell" rating in a report on Friday, January 20th. Guggenheim assumed coverage on shares of Portland General Electric Company in a report on Thursday, November 3rd.
On 10 February 2017, Pioneer Natural Resources Company (NYSE:PXD) shares moved to $194.46 after starting the day at $193.62. Visa Inc (Symbol: V): United Technologies Corp (Symbol: UTX): Emerson Electric Co.
Taking notice on volatility measures, price volatility of stock was 0.75% for a week and 0.73% for a month.
Emerson Electric Co. (EMR) closed 18.14% above its 200-day moving average and is 9.65% above another chart threshold, its 50-day moving average.
General Electric Company (NYSE:GE) have shown a low EPS growth of -4.10% in the last 5 years and has earnings growth of 7.80% yoy.
General Electric Company (GE) traded with a cut of -0.02 points or -0.07% at $29.57 per share. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company's stock. Emerson Electric Co. (EMR) has made its way to a 12-month gain of 43.1%. Emerson Electric Company makes up approximately 0.6% of Mosaic Family Wealth LLC's portfolio, making the stock its 26th largest position. The company beat the analyst EPS Estimate with the difference of $0. The legal version of this news story can be read at [[permalink]]. The Weekly and Monthly Volatility stands at 0.82% and 1.09%. Elgethun Capital Management purchased a new stake in Emerson Electric Company during the fourth quarter valued at about $114,000. If you are reading this story on another publication, it was illegally stolen and reposted in violation of United States & global copyright & trademark law. The relative price strength of General Electric Company has a negative value of -0.6 compared to overall market performance.