Forbes J M & Co Llp Has Raised Its Emerson Elec Co (EMR) Position; Lonestar Capital Management Trimmed Its Aegean Marine Petroleum Netw (ANW) Position

May 22, 2018 - By Darrin Black

Emerson Electric Co. (NYSE:EMR) Logo

Forbes J M & Co Llp increased Emerson Elec Co (EMR) stake by 508.69% reported in 2017Q4 SEC filing. Forbes J M & Co Llp acquired 65,952 shares as Emerson Elec Co (EMR)’s stock declined 2.50%. The Forbes J M & Co Llp holds 78,917 shares with $5.50 million value, up from 12,965 last quarter. Emerson Elec Co now has $46.39 billion valuation. The stock decreased 0.61% or $0.455 during the last trading session, reaching $73.625. About 1.08 million shares traded. Emerson Electric Co. (NYSE:EMR) has risen 16.24% since May 22, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

Lonestar Capital Management Llc decreased Aegean Marine Petroleum Netw (ANW) stake by 12.74% reported in 2017Q4 SEC filing. Lonestar Capital Management Llc sold 108,767 shares as Aegean Marine Petroleum Netw (ANW)’s stock declined 53.66%. The Lonestar Capital Management Llc holds 745,081 shares with $3.20M value, down from 853,848 last quarter. Aegean Marine Petroleum Netw now has $117.86M valuation. The stock increased 1.75% or $0.05 during the last trading session, reaching $2.9. About 68,356 shares traded. Aegean Marine Petroleum Network Inc. (NYSE:ANW) has declined 83.33% since May 22, 2017 and is downtrending. It has underperformed by 94.88% the S&P500.

Among 5 analysts covering Aegean Marine Petrol (NYSE:ANW), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Aegean Marine Petrol had 15 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Monday, September 18. On Friday, August 11 the stock rating was upgraded by Clarksons Platou to “Buy”. The stock of Aegean Marine Petroleum Network Inc. (NYSE:ANW) earned “Buy” rating by Stifel Nicolaus on Friday, June 2. Stifel Nicolaus maintained the shares of ANW in report on Thursday, July 20 with “Buy” rating. The company was downgraded on Thursday, May 25 by Clarkson Capital. The company was initiated on Tuesday, July 21 by Sidoti. As per Thursday, August 20, the company rating was downgraded by Zacks. On Monday, December 18 the stock rating was initiated by Jefferies with “Buy”. The firm earned “Hold” rating on Friday, February 23 by Stifel Nicolaus. The stock of Aegean Marine Petroleum Network Inc. (NYSE:ANW) has “Buy” rating given on Monday, October 23 by Jefferies.

Among 29 analysts covering Emerson Electric Co. (NYSE:EMR), 12 have Buy rating, 1 Sell and 16 Hold. Therefore 41% are positive. Emerson Electric Co. had 91 analyst reports since August 6, 2015 according to SRatingsIntel. On Friday, January 27 the stock rating was upgraded by Goldman Sachs to “Neutral”. The firm has “Buy” rating given on Tuesday, October 17 by Bank of America. Cowen & Co maintained Emerson Electric Co. (NYSE:EMR) rating on Thursday, July 20. Cowen & Co has “Hold” rating and $6200 target. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, August 5. The rating was upgraded by JP Morgan to “Overweight” on Friday, February 9. The stock of Emerson Electric Co. (NYSE:EMR) has “Market Perform” rating given on Thursday, February 1 by JMP Securities. The stock of Emerson Electric Co. (NYSE:EMR) earned “Sell” rating by Citigroup on Tuesday, April 19. The firm earned “Hold” rating on Friday, September 4 by TheStreet. The stock of Emerson Electric Co. (NYSE:EMR) has “Hold” rating given on Thursday, June 22 by Cowen & Co. The stock of Emerson Electric Co. (NYSE:EMR) has “Overweight” rating given on Monday, October 2 by Morgan Stanley.

Since December 11, 2017, it had 0 insider buys, and 1 insider sale for $498,900 activity. $498,900 worth of Emerson Electric Co. (NYSE:EMR) was sold by Button Bell Katherine.

Forbes J M & Co Llp decreased Mcdonalds Corp (NYSE:MCD) stake by 16,645 shares to 46,228 valued at $7.96M in 2017Q4. It also reduced Salesforce.Com (NYSE:CRM) stake by 4,395 shares and now owns 103,200 shares. Alphabet Inc Cl C was reduced too.

More important recent Emerson Electric Co. (NYSE:EMR) news were published by: Seekingalpha.com which released: “Emerson Electric: An Autonomous Future” on May 09, 2018, also Benzinga.com published article titled: “Emerson Electric Q2 Earnings Preview”, Streetinsider.com published: “Emerson Electric (EMR) Reports Agreement to Acquire Aventics from Triton for Approx $621.5M” on May 17, 2018. More interesting news about Emerson Electric Co. (NYSE:EMR) was released by: Seekingalpha.com and their article: “Emerson posts FQ2 beat, raises outlook” with publication date: May 01, 2018.

Investors sentiment increased to 0.95 in Q4 2017. Its up 0.09, from 0.86 in 2017Q3. It is positive, as 58 investors sold EMR shares while 427 reduced holdings. 107 funds opened positions while 353 raised stakes. 429.74 million shares or 0.74% less from 432.93 million shares in 2017Q3 were reported. Tctc Ltd Limited Liability Company invested in 128,414 shares or 0.47% of the stock. Murphy Mgmt Inc, New Jersey-based fund reported 15,897 shares. Gabelli Funds Llc owns 13,000 shares or 0.01% of their US portfolio. Fifth Third Bancorp has invested 0.43% in Emerson Electric Co. (NYSE:EMR). Jfs Wealth Limited Liability Company owns 1,821 shares. Troy Asset Management Limited reported 41,500 shares. Folger Nolan Fleming Douglas Mngmt, -based fund reported 14,179 shares. The Massachusetts-based Hall Laurie J Trustee has invested 0.98% in Emerson Electric Co. (NYSE:EMR). Wealthfront, California-based fund reported 20,611 shares. Prudential invested in 1.23 million shares. Bluecrest Capital Management Limited invested 0.03% of its portfolio in Emerson Electric Co. (NYSE:EMR). Pinnacle Prtn accumulated 0.74% or 100,331 shares. 142,101 were accumulated by Piedmont Invest Advsr Ltd Liability. Alliancebernstein Lp holds 1.14 million shares or 0.06% of its portfolio. Fdx Inc reported 0.12% of its portfolio in Emerson Electric Co. (NYSE:EMR).

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