Emerson Elec Co (EMR) Stake Maintained by Blb&B Advisors Llc; D-E Shaw & Company Has Trimmed Holding in Tal Ed Group (XRS) by $1.86 Million as Market Value Were Volatile

April 22, 2018 - By Lawrence Diaz

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David Shaw decreased its stake in Tal Ed Group (XRS) by 42.95% based on its latest 2017Q4 regulatory filing with the SEC. D-E Shaw & Company Inc sold 64,260 shares as the company’s stock 0.00% . The hedge fund run by David Shaw held 85,340 shares of the other consumer services company at the end of 2017Q4, valued at $2.54M, down from 149,600 at the end of the previous reported quarter. D-E Shaw & Company Inc who had been investing in Tal Ed Group for a number of months, seems to be less bullish one the $ market cap company. It closed at $76.53 lastly. It is up 0.00% since April 22, 2017 and is . It has underperformed by 11.55% the S&P500.

Blb&B Advisors Llc increased its stake in Emerson Elec Co (EMR) by 9.2% based on its latest 2017Q4 regulatory filing with the SEC. Blb&B Advisors Llc bought 6,205 shares as the company’s stock declined 2.50% with the market. The institutional investor held 73,625 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $5.13M, up from 67,420 at the end of the previous reported quarter. Blb&B Advisors Llc who had been investing in Emerson Elec Co for a number of months, seems to be bullish on the $44.57B market cap company. The stock decreased 0.67% or $0.47 during the last trading session, reaching $70.2. About 3.96M shares traded or 8.38% up from the average. Emerson Electric Co. (NYSE:EMR) has risen 16.24% since April 22, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

D-E Shaw & Company Inc, which manages about $81.36 billion and $72.62 billion US Long portfolio, upped its stake in Universal Corp Va (NYSE:UVV) by 36,744 shares to 58,119 shares, valued at $3.05M in 2017Q4, according to the filing. It also increased its holding in News Corp New (NASDAQ:NWSA) by 744,405 shares in the quarter, for a total of 2.80M shares, and has risen its stake in Brightcove Inc (NASDAQ:BCOV).

Among 10 analysts covering TAL Education (NYSE:XRS), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. TAL Education had 17 analyst reports since September 22, 2015 according to SRatingsIntel. The stock of TAL Education Group American De (NYSE:XRS) earned “Hold” rating by Brean Capital on Friday, May 6. The firm has “Outperform” rating by Credit Suisse given on Friday, October 28. TH Capital maintained it with “Buy” rating and $36.0 target in Tuesday, September 22 report. The firm has “Neutral” rating given on Wednesday, March 23 by Credit Suisse. The rating was maintained by JP Morgan on Tuesday, April 19 with “Overweight”. Jefferies reinitiated the shares of XRS in report on Friday, July 8 with “Hold” rating. On Wednesday, July 27 the stock rating was initiated by Brean Capital with “Buy”. The company was downgraded on Friday, April 29 by Credit Agricole. The firm has “Underperform” rating given on Wednesday, July 27 by CLSA. The company was maintained on Friday, October 21 by TH Capital.

Blb&B Advisors Llc, which manages about $669.27 million and $699.73M US Long portfolio, decreased its stake in Qualcomm Inc (NASDAQ:QCOM) by 8,362 shares to 64,915 shares, valued at $4.16M in 2017Q4, according to the filing. It also reduced its holding in Glaxosmithkline Plc (NYSE:GSK) by 9,441 shares in the quarter, leaving it with 53,585 shares, and cut its stake in Vanguard Bd Index Fd Inc (BSV).

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 88 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, January 19 by Stifel Nicolaus. UBS maintained it with “Neutral” rating and $53 target in Thursday, August 4 report. The firm earned “Sell” rating on Thursday, September 3 by Goldman Sachs. The firm has “Reduce” rating given on Friday, October 7 by HSBC. UBS downgraded the shares of EMR in report on Wednesday, October 12 to “Sell” rating. Barclays Capital maintained Emerson Electric Co. (NYSE:EMR) rating on Monday, April 18. Barclays Capital has “Equal-Weight” rating and $54 target. RBC Capital Markets maintained Emerson Electric Co. (NYSE:EMR) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $6200 target. The rating was downgraded by JMP Securities to “Market Perform” on Thursday, February 1. The firm has “Hold” rating given on Friday, March 3 by HSBC. The rating was maintained by Barclays Capital with “Equalweight” on Monday, July 18.

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