Orleans Capital Management Holding in Emerson Elec Co (EMR) Has Cut as Valuation Declined; As Brookfield Asset Mgmt (BAM) Market Value Declined, Heritage Wealth Advisors Has Lifted Position by $432,795

May 25, 2018 - By Vivian Park

Emerson Electric Co. (NYSE:EMR) Logo

Heritage Wealth Advisors increased its stake in Brookfield Asset Mgmt Inc (BAM) by 140.99% based on its latest 2017Q4 regulatory filing with the SEC. Heritage Wealth Advisors bought 10,065 shares as the company’s stock declined 9.58% with the market. The institutional investor held 17,204 shares of the building operators company at the end of 2017Q4, valued at $750,000, up from 7,139 at the end of the previous reported quarter. Heritage Wealth Advisors who had been investing in Brookfield Asset Mgmt Inc for a number of months, seems to be bullish on the $38.50B market cap company. The stock decreased 0.25% or $0.1 during the last trading session, reaching $40.35. About 439,961 shares traded. Brookfield Asset Management Inc. (NYSE:BAM) has risen 7.96% since May 25, 2017 and is uptrending. It has underperformed by 3.59% the S&P500.

Orleans Capital Management Corp decreased its stake in Emerson Elec Co (EMR) by 34.41% based on its latest 2017Q4 regulatory filing with the SEC. Orleans Capital Management Corp sold 8,375 shares as the company’s stock declined 2.50% with the market. The institutional investor held 15,966 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.11 million, down from 24,341 at the end of the previous reported quarter. Orleans Capital Management Corp who had been investing in Emerson Elec Co for a number of months, seems to be less bullish one the $45.48B market cap company. The stock decreased 1.47% or $1.075 during the last trading session, reaching $72.175. About 2.02 million shares traded. Emerson Electric Co. (NYSE:EMR) has risen 16.24% since May 25, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

More notable recent Brookfield Asset Management Inc. (NYSE:BAM) news were published by: Benzinga.com which released: “Upcoming Earnings: Department Store Macy’s Reports On Wednesday Morning” on May 15, 2018, also Globenewswire.com with their article: “Brookfield Business Partners Completes Acquisition of Controlling Interest in Schoeller Allibert in Partnership With …” published on May 15, 2018, Globenewswire.com published: “Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid” on May 18, 2018. More interesting news about Brookfield Asset Management Inc. (NYSE:BAM) were released by: Seekingalpha.com and their article: “Kushner Cos., Brookfield close to deal on troubled 666 Fifth: Bloomberg” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “GGP And Brookfield Property: It Can’t Be Awful For Both Sides” with publication date: April 26, 2018.

Among 9 analysts covering Brookfield Asset Management Inc. (NYSE:BAM), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Brookfield Asset Management Inc. had 32 analyst reports since August 10, 2015 according to SRatingsIntel. As per Thursday, November 9, the company rating was maintained by TD Securities. Scotia Capital maintained Brookfield Asset Management Inc. (NYSE:BAM) rating on Friday, February 16. Scotia Capital has “Buy” rating and $48.5 target. Zacks upgraded the stock to “Sell” rating in Monday, August 17 report. RBC Capital Markets maintained the shares of BAM in report on Thursday, October 8 with “Outperform” rating. As per Tuesday, June 20, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Brookfield Asset Management Inc. (NYSE:BAM) rating on Monday, November 14. RBC Capital Markets has “Top Pick” rating and $40 target. The firm has “Buy” rating given on Tuesday, July 25 by RBC Capital Markets. RBC Capital Markets maintained Brookfield Asset Management Inc. (NYSE:BAM) on Thursday, November 9 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, September 26 report. The company was initiated on Tuesday, May 24 by Keefe Bruyette & Woods.

Heritage Wealth Advisors, which manages about $402.51M and $233.74M US Long portfolio, decreased its stake in Ishares Tr (IVV) by 3,764 shares to 196,494 shares, valued at $52.83 million in 2017Q4, according to the filing.

Since December 11, 2017, it had 0 insider buys, and 1 insider sale for $498,900 activity.

Investors sentiment increased to 0.95 in 2017 Q4. Its up 0.09, from 0.86 in 2017Q3. It improved, 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. Pinnacle Advisory Gru Inc owns 4,306 shares. Rand Wealth Llc accumulated 58,308 shares. Parallax Volatility Advisers Lp stated it has 0% of its portfolio in Emerson Electric Co. (NYSE:EMR). Moreover, Troy Asset Mgmt Ltd has 0.12% invested in Emerson Electric Co. (NYSE:EMR) for 41,500 shares. The Maryland-based Brown Advisory Securities Ltd Com has invested 0.24% in Emerson Electric Co. (NYSE:EMR). Schroder Mgmt Group Inc holds 0.17% or 1.47M shares. S R Schill & Assocs holds 16,831 shares. Metropolitan Life Ins holds 102,895 shares or 0.1% of its portfolio. Stock Yards Financial Bank & Tru has invested 0.07% of its portfolio in Emerson Electric Co. (NYSE:EMR). Zevin Asset Mgmt Limited Liability has invested 1.76% in Emerson Electric Co. (NYSE:EMR). Coldstream Management, Washington-based fund reported 6,125 shares. Moreover, Ontario Teachers Pension Plan Board has 0.11% invested in Emerson Electric Co. (NYSE:EMR). 144,220 are owned by Creative Planning. Jones Financial Lllp owns 93,171 shares. Bingham Osborn And Scarborough Ltd Liability holds 5,904 shares or 0.04% of its portfolio.

More notable recent Emerson Electric Co. (NYSE:EMR) news were published by: Seekingalpha.com which released: “Emerson posts FQ2 beat, raises outlook” on May 01, 2018, also Seekingalpha.com with their article: “Emerson Electric: An Autonomous Future” published on May 09, 2018, Businesswire.com published: “Emerson to Make Available Materials from the Company’s Presentation at Electrical Products Group Conference” on May 23, 2018. More interesting news about Emerson Electric Co. (NYSE:EMR) were released by: Benzinga.com and their article: “Emerson Electric Q2 Earnings Preview” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “Emerson Electric’s (EMR) CEO David Farr on Acquisition of Aventics from Triton Conference Call (Transcript)” with publication date: May 18, 2018.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on August, 7. They expect $0.86 earnings per share, up 26.47% or $0.18 from last year’s $0.68 per share. EMR’s profit will be $541.88M for 20.98 P/E if the $0.86 EPS becomes a reality. After $0.76 actual earnings per share reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 13.16% EPS growth.

Emerson Electric Co. (NYSE:EMR) Institutional Positions Chart

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