Dorsey & Whitney Trust Company Has Cut Its Emerson Electric (EMR) Holding by $1.25 Million; Kentucky Retirement Systems Upped Its Schein Henry (HSIC) Holding by $381,874 as Shares Rose

February 21, 2018 - By Marie Mckinney

Kentucky Retirement Systems increased its stake in Schein Henry Inc (HSIC) by 91.58% based on its latest 2017Q3 regulatory filing with the SEC. Kentucky Retirement Systems bought 4,657 shares as the company’s stock rose 5.77% with the market. The institutional investor held 9,742 shares of the health care company at the end of 2017Q3, valued at $799,000, up from 5,085 at the end of the previous reported quarter. Kentucky Retirement Systems who had been investing in Schein Henry Inc for a number of months, seems to be bullish on the $10.67B market cap company. The stock decreased 2.23% or $1.55 during the last trading session, reaching $67.97. About 4.50M shares traded or 121.93% up from the average. Henry Schein, Inc. (NASDAQ:HSIC) has risen 4.05% since February 21, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

Dorsey & Whitney Trust Company Llc decreased its stake in Emerson Electric (EMR) by 24.07% based on its latest 2017Q3 regulatory filing with the SEC. Dorsey & Whitney Trust Company Llc sold 20,104 shares as the company’s stock declined 4.02% while stock markets rallied. The institutional investor held 63,431 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $3.99 million, down from 83,535 at the end of the previous reported quarter. Dorsey & Whitney Trust Company Llc who had been investing in Emerson Electric for a number of months, seems to be less bullish one the $45.12B market cap company. The stock decreased 2.63% or $1.92 during the last trading session, reaching $71.07. About 3.90 million shares traded or 9.30% up from the average. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since February 21, 2017 and is uptrending. It has outperformed by 1.77% the S&P500.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on May, 1. They expect $0.71 earnings per share, up 22.41% or $0.13 from last year’s $0.58 per share. EMR’s profit will be $450.74M for 25.02 P/E if the $0.71 EPS becomes a reality. After $0.58 actual earnings per share reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 22.41% EPS growth.

Dorsey & Whitney Trust Company Llc, which manages about $502.84M US Long portfolio, upped its stake in Home Depot Inc (NYSE:HD) by 3,854 shares to 54,259 shares, valued at $8.88 million in 2017Q3, according to the filing. It also increased its holding in Schlumberger Ltd (NYSE:SLB) by 5,803 shares in the quarter, for a total of 95,454 shares, and has risen its stake in Ishares Core Msci Emerging (IEMG).

Since August 31, 2017, it had 0 insider buys, and 2 insider sales for $616,887 activity. Button Bell Katherine had sold 7,518 shares worth $498,900.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.14, from 1 in 2017Q2. It turned negative, as 44 investors sold EMR shares while 444 reduced holdings. 92 funds opened positions while 328 raised stakes. 432.93 million shares or 1.76% less from 440.67 million shares in 2017Q2 were reported. Welch Grp Limited Company owns 2.96% invested in Emerson Electric Co. (NYSE:EMR) for 281,596 shares. Clarkston Ltd Liability accumulated 380,866 shares. Ameritas Inv Prtnrs Inc, Nebraska-based fund reported 28,963 shares. Ironwood Counsel Limited Liability Com invested 1.72% of its portfolio in Emerson Electric Co. (NYSE:EMR). South Dakota Inv Council stated it has 67,900 shares. Charter invested in 0.6% or 79,077 shares. Philadelphia Trust Company holds 18,914 shares. Wilbanks Smith And Thomas Asset Mgmt Ltd Co has invested 0.03% in Emerson Electric Co. (NYSE:EMR). 3,200 are held by Taurus Asset Ltd. Monetary Management Group Inc Inc has 5,030 shares for 0.13% of their portfolio. Salem Investment Counselors owns 17,984 shares or 0.13% of their US portfolio. First Fincl Bank owns 11,268 shares or 0.12% of their US portfolio. Lombard Odier Asset Management (Switzerland) Sa reported 0.03% of its portfolio in Emerson Electric Co. (NYSE:EMR). The Maryland-based Df Dent has invested 0.02% in Emerson Electric Co. (NYSE:EMR). Zwj Inv Counsel holds 3,972 shares.

Among 29 analysts covering Emerson Electric Co. (NYSE:EMR), 12 have Buy rating, 2 Sell and 15 Hold. Therefore 41% are positive. Emerson Electric Co. had 86 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Equal Weight” on Wednesday, August 5. The stock of Emerson Electric Co. (NYSE:EMR) earned “Neutral” rating by Buckingham Research on Tuesday, December 13. The stock has “Outperform” rating by Cowen & Co on Tuesday, November 28. On Thursday, January 18 the stock rating was maintained by Wells Fargo with “Hold”. JMP Securities maintained the stock with “Buy” rating in Thursday, September 14 report. RBC Capital Markets maintained it with “Hold” rating and $6200 target in Monday, June 5 report. The firm has “Hold” rating given on Wednesday, January 3 by RBC Capital Markets. Cowen & Co upgraded the stock to “Buy” rating in Monday, October 23 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, November 4. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, July 19.

Among 21 analysts covering Henry Schein Inc. (NASDAQ:HSIC), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Henry Schein Inc. had 45 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Wednesday, September 27. The stock of Henry Schein, Inc. (NASDAQ:HSIC) has “Buy” rating given on Tuesday, October 11 by Goldman Sachs. Robert W. Baird maintained the stock with “Buy” rating in Thursday, October 19 report. Leerink Swann maintained the shares of HSIC in report on Tuesday, November 7 with “Market Perform” rating. PiperJaffray upgraded the stock to “Overweight” rating in Friday, September 15 report. As per Friday, November 6, the company rating was downgraded by Gabelli. The firm earned “Neutral” rating on Thursday, February 11 by Piper Jaffray. The company was downgraded on Wednesday, December 6 by Morgan Stanley. On Tuesday, January 3 the stock rating was upgraded by Robert W. Baird to “Outperform”. RBC Capital Markets maintained Henry Schein, Inc. (NASDAQ:HSIC) rating on Thursday, November 5. RBC Capital Markets has “Outperform” rating and $170 target.

Kentucky Retirement Systems, which manages about $1.32B US Long portfolio, decreased its stake in Pfizer Inc (NYSE:PFE) by 16,131 shares to 366,433 shares, valued at $13.08M in 2017Q3, according to the filing. It also reduced its holding in Procter And Gamble Co (NYSE:PG) by 6,913 shares in the quarter, leaving it with 157,041 shares, and cut its stake in Oracle Corp (NYSE:ORCL).

Since September 6, 2017, it had 0 buys, and 1 sale for $366,756 activity.

Investors sentiment increased to 7.15 in Q3 2017. Its up 5.99, from 1.16 in 2017Q2. It is positive, as 47 investors sold HSIC shares while 15 reduced holdings. 66 funds opened positions while 377 raised stakes. 279.70 million shares or 306.41% more from 68.82 million shares in 2017Q2 were reported. Oppenheimer Asset Management stated it has 44,563 shares. Dupont Mgmt has invested 0.2% in Henry Schein, Inc. (NASDAQ:HSIC). First Citizens Bankshares & Tru invested 0.24% in Henry Schein, Inc. (NASDAQ:HSIC). Atria Invests Limited Liability Company reported 0.02% in Henry Schein, Inc. (NASDAQ:HSIC). Illinois-based Magnetar Limited Liability Company has invested 0.04% in Henry Schein, Inc. (NASDAQ:HSIC). Ftb Advsr Incorporated reported 1,484 shares. 678,226 were reported by Broad Run Investment Management Ltd Liability Corporation. Comerica Financial Bank owns 43,121 shares. Commonwealth Bank & Trust Of Aus owns 12,062 shares. Quantres Asset Mngmt Limited invested in 0.15% or 2,900 shares. 262,626 were accumulated by Mountain Pacific Inv Advisers Id. De Burlo Group Incorporated Inc holds 49,920 shares or 0.91% of its portfolio. Peddock Cap Limited holds 2,194 shares. Campbell Inv Adviser Ltd Llc accumulated 6,508 shares. Glob X Management Lc stated it has 0.01% in Henry Schein, Inc. (NASDAQ:HSIC).

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